Dr Mark Kurtser of MD Medical Groups speaks on healthcare services and finance in Russia
Dr Mark Kurtser, Chairman of the Board of Directors at MD Medical Group Investments Plc (“MD Medical Group”, “MDMG” or the “Company” – LSE: MDMG), Russia’s leading provider of private women’s and children’s healthcare, gave a lecture and answered questions on the topic “Investment into the future. Why Russia is the place to give birth” at the Cabinet Lounge business club in Moscow.
During the event, Dr Kurtser shared his views on the current business trends and prospects for the healthcare services sector in Russia, emphasising the importance of continued investment. He also discussed the Company’s progress since its successful IPO in London in October 2012 as well as the future growth plans of MD Medical Group.
The event was attended by leading businessmen, bankers and other guests associated with business and healthcare in Russia.
No material information was disclosed at the event.
Forward-LookingStatements:
This press release contains forward looking statements, which are based on the Company’s current expectations and assumptions and may involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. The forward looking statements contained in this press release are based on past trends or activities and should not be taken that such trends or activities will continue in the future. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a number of variables which could cause actual results or trends to differ materially, including, but not limited to: conditions in the market, market position of the Company, earnings, financial position, cash flows, return on capital and operating margins, anticipated investments and economic conditions; the Company’s ability to obtain capital/additional finance; a reduction in demand by customers; an increase in competition; an unexpected decline in revenue or profitability; legislative, fiscal and regulatory developments, including, but not limited to, changes in environmental and health and safety regulations; exchange rate fluctuations; retention of senior management; the maintenance of labour relations; fluctuations in the cost of input costs; and operating and financial restrictions as a result of financing arrangements.
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