Globaltrans Relocation: Cyprus to Abu Dhabi Free Zone and Global Market License

Globaltrans — one of the largest railway operators in Russia — has completed a notable shift of its corporate base, effectively relocating from Cyprus to the Abu Dhabi Global Market free economic zone in the United Arab Emirates. The company secured its official operating license on a recent Friday, marking a formal transition that aligns with broader market and regulatory movements observed in the region. At the same time, the firm confirmed that trading of its securities will continue unabated on the London and Moscow stock exchanges, underscoring a commitment to maintain liquidity and investor access across multiple major markets. Shareholders were reassured that the relocation did not require any shareholder action, a circumstance that helps preserve continuity and governance during a significant corporate realignment. Source: Prime News.