Business news from Ukraine

ONLINE MEDICAL HUB DOC.UA CHANGES ITS CEO

The online medical hub Doc.ua has appointed its CEO Garry Andreasyan, who replaced Serhiy Kazantsev, according to a press release of the company.
According to it, Kazantsev will continue to work as a member of the company’s board and will be engaged in the development of an online medical hub and its international expansion.
It is indicated that Andreasyan, who replaced Kazantsev as the CEO, has held the position of the Chief Operating Officer (COO) at Doc.ua since May 2020 and is a shareholder of the company.
Among his important goals as the CEO are the implementation of innovative technologies and the expansion of the company’s product line.
Previously, Andreasyan worked in executive positions at Allianz Ukraine and the Effective Investments Group. He is the founder of several projects in the field of HoReCa, two innovative startups and a mentor of SingularityU Kyiv Chapter.
“Digitalization, convenient and safe access to medical services can not only improve the quality of life of people, but also make it longer. The online hub Doc.ua is the future of digital medicine in Ukraine and many leading countries of the world. We are building a convenient medical ecosystem, which is already now demonstrates high efficiency,” Ihor Liski, the strategic investor of Doc.ua, said.
The press release said that under the leadership of previous CEO Kazantsev, the service has become the country’s largest medical hub and has gone international, opening offices in six countries. More than 1.5 million Ukrainians use the Doc.ua service every month.
“Having raised significant investments into the project, we were able to create not only an information guide for finding doctors and making appointments, but an entire ecosystem. Now Doc.ua has become the only convenient entry point in healthcare sector for our clients. I am convinced that the project expects even greater development, because it is capable of starting a revolution,” the press service said, citing Kazantsev.
Doc.ua is an online medical hub, founded in 2014, which provides services for: audio consultations, calling a doctor at home, delivering drugs or making an appointment with a medical specialist. The Doc.ua database contains more than 34,000 doctors and more than 2,600 medical institutions throughout Ukraine, 700 diagnostic centers and laboratories, and 2,000 pharmacies.

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NOVA POSHTA LAUNCHES DELIVERY OF MEDICAL GOODS FROM DOC.UA

The Nova Poshta Group launches delivery of medical goods from the DOC.ua online medical service to its offices, automated parcel lockers and directly to customers.
The company said in its press release disseminated on Friday that Nova Poshta will deliver medicines, which are remotely recommended by doctors on the DOC.ua hub and can be ordered on the website in the Pharmacy section.
“Under conditions of the quarantine and the penetration of contactless services in all spheres of our life, demand for qualified medical online consultation is growing. When one is unable to visit a clinic, remote communicational with a doctor is in fact the only reliable way to receive aid. This is a positive trend which shows that Ukrainians care about their health: they trust specialists and prefer them to self-treatment. On our behalf we support this important initiative of DOC.ua with timely delivery of medicines,” the press service quoted Nova Poshta CEO Oleksandr Bulba as saying.
DOC.ua said that the service was developed as an alternative to self-treatment. Doctors cannot prescribe treatment or medicines, but only recommend. Patients on their own add medical goods to the chart in the Pharmacy section.
The DOC.ua service, which is a part of EFI GROUP, is a medical online hub founded in 2014. Its base currently includes more than 10,000 doctors and 1,500 medical institutions in Ukraine.
Alfa-Bank raises UAH 660 mln of UAH 2.4 bln of NBU’s first refinancing for five years
KYIV. May 15 (Interfax-Ukraine) – On May 8, Alfa-Bank (Kyiv) took part in the first tender of the National Bank of Ukraine (NBU) for refinancing to banks for a period of one to five years and raised UAH 660 million for five years on security of domestic government loan bonds issued with the aim of supporting the economy, the bank said in a statement on its website on Thursday, May 14.
“Alfa-Bank Ukraine will use the raised funds to develop its loan support for businesses, which currently need a long-term financial resource to restore their active operation as soon as possible after lockdown restrictions are removed,” the bank’s press service said.

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QUARTER PARTNERS BUYS PART OF SHARES IN DOC.UA SERVICE

Quarter Partners, a private investment fund, has bought shares in the DOC.UA online medical service, the fund said in a press release. The amount of the transaction is not disclosed.
According to Quarter Partners, in 2020 it is planned to launch the DOC.UA service in Uzbekistan, Kazakhstan, and Moldova. The markets of Georgia, Azerbaijan, the Baltic countries and the UAE are also under development.
The head of the supervisory board of EFI GROUP (a group of companies that is the majority owner of the service), Ihor Liski noted that attracting such investments will bring the service to a new level.
“We continue to improve our innovative practices, strengthen the team and its effectiveness. Therefore, Quarter Partners is a reliable partner for us, able to support bringing the project to a new level,” he said.
EFI GROUP (Effective Investments) operates in various sectors of the economy: pulp industry, gas industry, energy, agriculture, woodworking, creative industry, and healthcare.
The DOC.UA service monthly serves more than 700,000 requests. A base of more than 10,000 doctors and 1,700 medical institutions in Ukraine is available to DOC.UA customers.
Quarter Partners fund invests in businesses with a high growth potential for their development and subsequent sale to strategic investors. The founder of the fund is Ukrainian investor Andriy Ivanov. Quarter Partners completed deals on equity raising and selling to strategic investors totaling over $5 billion.

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