Fresenius boosts eastern Europe ops with big buy

Germany's Fresenius Medical Care, the world number one in dialysis machines, said on Tuesday it was making a €485-million ($647-million) acquisition to boost its presence in Eastern Europe.

Fresenius boosts eastern Europe ops with big buy
Photo: DPA

The purchase of International Dialysis Centers (IDC), the dialysis service business of Euromedic International, will add $180 million in annual sales and boost profits from the first year, a statement said.

IDC currently treats more than 8,200 patients in 70 clinics in nine countries, mostly in Central and Eastern Europe. Privately owned Dutch firm Euromedic is selling in order to focus on diagnostics and cancer treatment.

FMC, listed on Frankfurt’s DAX 30, currently serves more than 210,000 patients globally and more than 17,000 patients in Eastern Europe, posting sales of more than €11 billion in 2009.


Member comments

Log in here to leave a comment.
Become a Member to leave a comment.


Emergency numbers fail in several German states

Callers to the emergency numbers 110 and 112 weren’t able to reach operators Thursday morning in several German states.

The 112 emergency number on an ambulance.
The 112 emergency number on an ambulance. Photo: picture alliance/dpa | Boris Roessler

The emergency number 110 for police and 112 for fire crews failed around the country early Thursday morning, with callers unable to reach emergency operators for urgent assistance between about 4:30 am and 5:40 am local time.

The Office for Civil Protection and Disaster Aid is looking into these outages, which were reported in states including Lower Saxony, Baden-Württemberg, and  Brandenburg, and in major cities like Berlin, Cologne, Hamburg, and Frankfurt. Cologne was further affected by cuts to electricity, drinking water, and regular telephone services. Lower Saxony also saw disruptions to the internal phone networks of police and hospitals.

Emergency services are not reporting any more disturbances and people should be able to once again reach 110 and 112 around the country as normal.

Investigators are looking into the problem, but haven’t yet established a cause or any consequences that may have happened due to the outage. Provider Deutsche Telekom says they have ruled out the possibility of an attack by hackers.