Affidea Group sells its operations in Bulgaria

Sofia, Bulgaria. 2017, July 5th: Affidea Group, the leading Pan-European provider of diagnostic imaging and cancer treatment services, is to leave the Bulgarian market and sell all of its local centres to Bulgarian healthcare provider, Euromedica.

Headquartered in Sofia, Bulgaria, the business offers high quality diagnostic imaging services through its 5 centers. Since acquiring the business in June 2008, Affidea has worked closely with the local team to transform the company and create a unique asset in the Bulgarian healthcare market.

Commenting on the transaction, Emir Aslan Ozler, Vice-President CEE of Affidea Group, said: "This was a decision that we considered very carefully. After analysing local market opportunities and having assessed our own business development strategy, we reached the conclusion that the Bulgarian market no longer complements the company’s plans for the future.

„Bulgaria has been an extremely fruitful and important region for Affidea over the years, and we have a great respect for the professionalism of the local team. We are confident that they will continue to deliver value and provide high quality medical care to Bulgarian patients, under the leadership of a new owner.

„For Affidea, the European market remains a key focus for strategic growth. We will continue to strengthen our existing investments and operations in Europe, at the same time focusing on new investments in other continents to become a truly global company."

Bulgarian operations will be fully owned by Euromedica, with the former COO of Affidea Bulgaria, Martin Lozanov as CEO. He will continue to provide, together with the local team, high quality medical services to Bulgarian patients.


About Affidea Group

Affidea is the leading Pan-European provider of diagnostic imaging and cancer treatment services, operating in 15 countries across Europe, with a focus on delivering timely, through diagnoses and high quality treatments by working only with state-of-the-art technology and experienced medical professionals. Affidea Group employs almost 5000 medical professionals and operates over 1100 diagnosis and cancer care modalities with over 10 million diagnostic examinations every year.

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About Affidea’s centres in Bulgaria acquired by Euromedica

Affidea began operations in Bulgaria in June 2008 with the acquisition of Dr. Vitanov’s Imaging Diagnostic Centre (Affidea Diagnostics Sofia) located on the grounds of the National Oncology Center in Sofia. Eight months later, Affidea opened a second diagnostic center in Bulgaria – Affidea Bulgaria MDL, located in the city of Pleven, the second largest city in Northern Bulgaria with a population of more than 150,000. On March 2009, Affidea acquired the MRI lab Mediscan Stara Zagora in the city of Stara Zagora, a University town in south-central part of the country with 170,000 inhabitants. In August 2010, Affidea opened its second diagnostic center in Sofia, located on the premises of Private Hospital Doverie in Ovcha Kupel district.