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EBRD buys share in Hungary’s Hospinvest

European Bank for Reconstruction and Development (EBRD) acquired a minority share in Hospinvest Zrt with a €4 million ($5.6 million) investment.

Running 4 hospitals and 6 ambulant medical service centers, Hospinvest Zrt is the first medical company ever to receive financing from the London-based bank according to daily Napi Gazdaság. The board of EBRD approved of total €6 million’s ($8.5 million) investment, said senior vice president Varel Freeman. Hospinvest has good potentials for growth, and EBRD makes a prudent investor, he added. (Napi Gazdaság)