MD Medical Group publishes 2023 Annual Report - News — Group of companies "Mother and child"

MD Medical Group (“MD Medical Group”, “the Group” or “the Company”), one of the largest private healthcare companies in Russia, today publishes its Annual Report for 2023.

The keynote of the annual report is Preserving and Enhancing the Utmost Value. It is designed to emphasise the Company's commitment to its mission and values:

  • providing patients with the highest quality medical services and meeting all their medical needs from birth throughout life;

  • creating opportunities for employees' professional and personal growth;

  • promoting mutually beneficial cooperation with business partners;

  • driving robust business growth and maximising the value of the Company's assets for the benefit of shareholders.

The strong operational and financial results for 2023 described in the report vividly convey the trust patients put in the Company and the competencies of its doctors, while also attesting to customer satisfaction with the quality of medical services.

The significant growth in market capitalisation during the reporting year is a proof of consistent backing provided by the Company's shareholders to its investment case.

Designed for a wide range of stakeholders, the annual report offers a comprehensive analysis of the Company's activities, its operational and financial results, and progress against strategic initiatives and key projects. In addition, the report provides insights into the Company's contribution to sustainable development and the key elements of its corporate governance.

The report analyses the Russian healthcare market and highlights the Company's use of the most advanced and up-and-coming medical technologies and digital tools as a way to ensure the high quality and efficiency of provided services.

We hope that the annual report for 2023 will help our patients, employees, shareholders, and other stakeholders give due credit to the Company’s contribution towards improving people's health, championing sustainable development, and ensuring overall progress in the healthcare sector.

The report is available to our shareholders and investors on the Company’s website at


About MD Medical Group

MD Medical Group is a leading provider in the Russian private healthcare service market. The Company manages 55 modern healthcare facilities, including 11 hospitals and 44 out-patient clinics in 27 regions of Russia. In 2023, MD Medical Group's revenue amounted to RUB 27.6 bln while EBITDA was RUB 9.2 bln. The Company's GDRs are traded on Moscow Exchange (MOEX: MDMG). 

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