Synevo accelerated growth strategy

When Philippe Ballero joined the Medicover Group in 2006 as COO of Synevo, it was still only present in two countries, Poland and Romania. Philippe agreed with Fredrik and the Management Board an „Accelerated Growth Strategy” for the expansion of Synevo.

Synevo subsequently acquired a start-up laboratory business in Kiev (2007), as an entry route to develop the Ukrainian market and then the laboratory of IMD in Berlin and Frankfurt (2008), as a way of capturing the Advanced Diagnostics expertise.

Further acquisitions followed in Germany whilst the other geographies expanded rapidly.

These developments meant that Synevo grew from being around 20% of Medicover turnover in 2003 to almost equal in size with the healthcare business by 2009.

In 2010, the Central Lab in Bucharest was opened, with 10 million tests capacity and a broad range of advanced diagnostics tests.

 
IMD lab in Berlin
Central Lab in Bucharest
Synevo lab in Kiev

IMD lab in Berlin

Central Lab in Bucharest

Synevo lab in Kiev

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