The shareholders of the European Medical Center sold the company to management. One of the buyers of the majority stake was EMC CEO Andrey Yanovsky.

Shareholders of the European Medical Center sold the company to management

Shareholders of United Medical Group, which runs the European Medical Center chain of clinics, sold a majority stake to the company’s management. This is stated in a company statement.

EMC’s largest shareholder, Igor Shilov, also sold his shares. The buyers were the company’s general director, Andrei Yanovsky, financial director, Dmitry Shmelev, and director of personnel and organizational development, Svetlana Miklukha.

“We believe that the transaction will lead to a further increase in corporate governance standards and will be received positively by the market,” Andrey Yanovsky noted.

EMC is a network of medical clinics with several branches in Moscow and the Moscow region. According to the results of the first six months of 2023, the company’s revenue amounted to 11.5 billion rubles.

Author:

Kirill Bilyk

Source: RB

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