HBI Deals+Insights / M&A/IPOs

Russia opens elderly care to private sector

In December the Russian State Duma passed Federal Law 442 (On the basis of social services for citizens in the Russian Federation), which officially allowed approved private care providers and set out tariff principles. The law should start to apply from early 2015. We talk to the head of the largest Russian nursing home group about what this will mean for the nascent industry.

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