MD Medical Group opens new clinic in Krasnodar

29 November 2019, Moscow – MD Medical Group Investments Plc (“MD Medical Group”, “MDMG” or the “Company” – LSE: MDMG), a leading Russian private healthcare provider, announces that it has opened its first out-patient clinic in Krasnodar. Investment in the project amounted to around 50 million roubles.

Mother&Child Krasnodar has a total area of 360 sq. m. and is the second medical facility of the Group located in the Southern Federal district of Russia. The clinic offers a wide range of services for women including IVF, ultrasound, gynaecological treatments and antenatal care. Patients will be offered medical consultations with highly qualified obstetricians/gynaecoogists, endocrinologists, urologists and other specialists.

The clinic has annual capacities of up to 1 000 minor gynaecological operations; up to 500 IVF cycles, including under the Mandatory Health Insurance (MHI) programme; and more than 26,000 out-patient treatments per year.

The Krasnodar clinic has been created in line with MD Medical Group’s customary high standards of medical care and is fitted with world-class equipment produced by GE healthcare, Olympus, Origio, KARL STORZ, Oxford Medical, Cook и Nikon.

Mark Kurtser, CEO of MD Medical Group, said:

“Mother and
Child has started operating in Krasnodar - a dynamic city in the South of
Russia which today is among the top five cities in Russia with the most
comfortable living conditions. I am confident that our company - well known for
its high standards in providing medical care - will contribute greatly to the
improvement of the quality of life of the inhabitants of a wide
geographical region, offering them new possibilities in receiving modern
and sophisticated medical services, first of all in the the area of woman's
health and IVF”.