RDIF supports MD Medical Group’s treatment of patients with coronavirus symptoms

Press release, 26.03.2020

Moscow, March 26, 2020 - The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, supports the decision by MD Medical Group (RDIF portfolio company) to start treating patients with pneumonia symptoms, including patients with coronavirus symptoms, at its clinical hospital Lapino.

As the hospital aims to expand its capacity for these treatments and in order to comply with sanitary requirements, a number of patients will temporarily receive medical help at the new clinical hospital in Sevastopolsky prospect, in Moscow. This hospital has the customary high standards of medical care set by MD Medical Group.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said: 

“The fight against the spread of coronavirus requires the combined efforts of the entire professional community. In this regard, the Mother and Child Group of Companies, whose staff possess world-class expertise, is playing its part. As a socially responsible investor and shareholder, we support this decision and are confident that the specialists at the Lapino hospital will provide highly qualified and timely assistance to people with possible coronavirus symptoms”. 

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Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 80 projects with foreign partners totaling more than RUB1.7 tn and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 800,000 people and generate revenues which equate to more than 6% of Russia’s GDP. RDIF has established joint strategic partnerships with leading international co-investors from more than 15 countries that total more than $40 bn. Further information can be found at www.rdif.ru

For additional information contact:

Arseniy Palagin                                       Andrew Leach / Maria Shiryaevskaya
Russian Direct Investment Fund               Hudson Sandler
Press Secretary                                        Tel: +44 (0) 20 7796 4133 
Tel: +7 495 644 34 14, ext. 2395
Mobile: +7 916 110 31 41
E-mail: arseniy.palagin@rdif.ru