Life Dental Spa has budgeted investments of more than 2 million euros this year, aimed at opening at least five new dental clinics. At the end of 2022, the company had ten clinics across the country.
Ploiesti, Timisoara, Constanta, Targu Mures, Galati, Craiova, Giurgiu, Bacau or Suceava are the cities where new Life Dental Spa medical clinics could open. Also, existing locations are taken in consideration.
The investment budget for a partnership location starts at EUR 20,000 for a minority stake in the business and can go up to 49% of the business.
According to Life Dental Spa data, prices for dental services in Romania are up to 75% more affordable than in the West, and interest in medical tourism has grown steadily year on year.
Prices for a dental implant, for example, start at 400 euros and can go as high as 1,000 euros. By comparison, in both Western Europe and the US, the price of such a procedure is 4 or even 5 times higher.