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July 28, 2020

European Commission approves investment for new hospital in Romania

The European Commission (EC) has approved an investment of €47m to construct a more than 800-bed Regional Emergency Hospital (REH) in Craiova, Dolj county, Romania.

The European Commission (EC) has approved an investment of €47m to construct a more than 800-bed Regional Emergency Hospital (REH) in Craiova, Dolj county, Romania.

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This investment will be made via the European Regional Development Fund.

The new hospital is expected to improve access to healthcare, including chemotherapy for cancer, in the region. It will also mitigate inequalities in healthcare access, primarily for people in rural and impoverished areas, added EC.

In addition, the project will allow early diagnosis of less serious conditions, with better treatment outcomes, fewer deaths and long-term disabilities.

The REH could also facilitate more efficient treatment for life-threatening conditions with modern infrastructure and equipment, along with effective organisation and management.

It also aims to offer better work setting for local doctors and nurses. The hospital in Romania is expected to becomes operational as of 2026.

Commissioner for Cohesion and Reforms Elisa Ferreira said: “The coronavirus pandemic has yet again shown how important it is to invest in modern and efficient healthcare infrastructures, which has always been – and it will continue to be – EU Cohesion policy’s top priority as shown by this major project adoption.”

Earlier this month, UK Prime Minister Boris Johnson announced an additional funding of £3bn to help the National Health Service (NHS) in England prepare for a potential second wave of Covid-19 pandemic.

These funds are intended to help the NHS continue using additional private hospital capacity, as well as maintain the temporary Nightingale hospitals until the end of March next year.

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Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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