Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia's MD Medical Group attracted $ 311 million at IPO in London
14.10.2012 21:38
Russia's MD Medical Group attracted $ 311 million at IPO in London

Russia's MD Medical Group, which owns the clinic chain “Mat’ I Ditya” in Russia, has raised $311 million for new and existing shares (about 35%) at initial public offering in London. The global depositary receipts (GDRs) were traded at $ 12, what put the clinic’s market capitalization at around $ 900 million.


      

MDMG was set up in 2010 and is controlled by Mark Kurtser a senior official in Moscow's health service. The group runs nine clinics, including Moscow's Perinatal care centre and such clinic chains as Mat' i Ditya, Ivamed, Clinic of Health and Dilamed.


      

The revenue of MDMG has raised 42% up to 2.91 billion Rubles, the net profit has increased 26% up to 924 million Rubles, reports Forbes.ru.


      

 


Sources: http://expert.ru http://www.forbes.ru 

Author: Irina Fomina

Tags: Russian business IPO    

Next Previous


You might also find interesting:

Sechin Will Invest In Medical Centre
31.01.2017
Sberbank Services UnionPay Cards
27.05.2017
Huawei Starts Cooperation With Sberbank
23.06.2017
Roust Corporation Files a Petition For Bankruptcy
16.01.2017
Sberbank Cut Interest Rates On the Entire Consumer Loan Line
10.10.2016



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Russian Finance Ministry  Moscow  Leningrad Center  Sakhalin Zoo  Fyodor Sologub  VTB  T-50  Russian history  Bashneft  Sharp  Mercedes-Benz Fashion Week Russia  The Nutcracker  Archeology  Russian Cinema  Frantz Josef Land  Russian companies  Ivan Skobrev  education  Film Festivals  Zenit  international cooperation  Alexey Pushkov  Russian business  Ivan the Terrible  Russian Literature  Kazan souvenirs  Chukotka  Pyaterochka   horse tourism  Rostov Region  Photoparade in Uglich Festival  Perm  Show Business  human rights in Russia  Painting  interview  Russian laws  Romanovs  Sverdlovsk region  Russian festivals  Nason-city  Russian tourism  Russian Photographers  wine producers in Russia  Krasnodar region  Kievsky Railway Station  Peter Hook  Moscow planetarium  Exhibitions in Moscow  Russian ministries 


Travel Blogs
Top Traveling Sites