Fresenius Vamed had a successful year in 2008 with sales growth of 28% and EBIT growth of 15%. Order intake and order backlog also developed excellently and provide a solid basis for further growth.

Fresenius Vamed specializes in international projects for hospitals and other health care facilities. The portfolio ranges from project development, planning and turnkey construction, via maintenance, technical, commercial and infrastructure services as well as the total operational management. VAMED offers a complete value chain to support hospitals efficiently and successfully at each level of their life cycle. The company is also a pioneer in public-private partnership (PPP) models for hospitals in Central Europe. Founded in 1982, VAMED has grown from a small project company to become one of the world’s leading providers of a full line of services for the health care industry. Meanwhile, we hold a unique position with our comprehensive portfolio of services. We have completed approximately 470 projects in 50 countries.

Fresenius Vamed has the following structure: 

BUSINESS DEVELOPMENT

In 2008, Fresenius Vamed increased sales by 28% to € 524 million (2007: € 408 million). The table shows the sales development by activity: 

in million €	2008	2007	Change
Project business	336	259	30%
Service business	188	149	26%

In 2008, the strongest region was Europe with 73% of total sales. Asia-Pacific and Africa accounted for 13% of total sales.

In addition, VAMED was responsible for revenues of approximately € 470 million from management contracts in 2008. The related fees are included in VAMED’s financial statements.