United Medical Group, the parent company of the European Medical Center (EMC), has undergone re-registration within the Russian jurisdiction, a development reported by TASS. The international company United Medical Group PJSC is now listed among participants in the special administrative district on Oktyabrsky Island in the Kaliningrad Region, according to an official statement. This marks a strategic shift in corporate registration as the group moves its domicile from Cyprus to Russia, a step that aligns with broader regional regulatory changes and business expansion plans cited by the company and observers alike. (Source: TASS)
Earlier, the shareholders of United Medical Group approved the decision to re-register the company from Cyprus to Russia, signaling confidence in the domestic regulatory framework and the potential benefits of operating under the Russian SAR regime on Oktyabrsky Island. The move reflects a growing trend of multinational entities reassessing their corporate structures to take advantage of Russia’s special economic zones and simplified administrative processes available in the SAR. (Source: corporate records)
On December 27, it was reported that Yandex Corporation secured a legal entity registration within the SAR on Oktyabrsky Island in the Kaliningrad Region, with official registry data noting the registration occurred on December 26. Yandex was re-registered as an international joint stock company under the SAR framework, illustrating continued interest from major tech players in integrating with this unique regional jurisdiction. (Source: registry information)
VK Holdings also confirmed its renewed activity in the SAR during September, reaffirming ongoing participation in the Kaliningrad district. The renewed registrations and re-registrations among large tech and holding companies emphasize the SAR as a appealing venue for corporate presence, administration, and potential tax considerations. (Source: company announcements)
Previously, it was noted that a notable number of firms had migrated their registrations to Russia’s high seas within half a year, underscoring a broader movement of corporate realignment toward the country’s special economic zones and SAR facilities. This trend reflects strategic planning by multinational groups seeking closer proximity to Russian markets and closer integration with local regulatory environments. (Source: industry analysis)