Chinese group Fosun expands health business in Portugal

 03-Nov-15, Macau Hub 

Luz Saúde is investing 100 million euros in the expansion of Hospital da Luz in Lisbon, Portugal, a project to double its capacity and which will be completed in 2018, said Isabel Vaz, chief executive of the company.

Image: Macau Hub

The company is controlled by Chinese group Fosun through insurance company Fidelidade and both were acquired in 2014 following the collapse of the Espírito Santo financial group.

Vaz, introducing a partnership with Fidelidade with the launch of insurance against cancer risks, said “the expansion of Luz Saúde is running smoothly and organically,” and she did not rule out the analysis of other business opportunities.

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