Russia - Kazakistan
KAZAKHSTAN-AIFC-REDOMICILIATION-PIZZA
Dodo Pizza parent officially relocates to KazakhstanDodo Brands, the parent company of Dodo Pizza, the largest pizza chain in Russia and Kazakhstan, and Drinkit, a fast-growing digital coffee shop concept, has completed the process of redomiciliation from the British Virgin Islands to the Astana International Financial Centre (AIFC), according to a Friday press release published by AIFC.The process was finalized on June 12, 2025 and is the result of close cooperation between Dodo Brands and the AIFC, according to the press release.The redomiciliation allows the company to change its legal jurisdiction while maintaining its legal entity status, corporate structure, and all existing obligations.“It was important for us to choose a jurisdiction where the company has an established operational presence. The AIFC was a logical choice for redomiciliation: Kazakhstan is home to Dodo Brands’ corporate office, and a significant part of our international business is conducted there. In addition, the AIFC offers a well-developed legal and business infrastructure aligned with international standards, making it an even more attractive base for scaling our operations,” said Dmitry Soloviev, CEO of Dodo Brands.This marks another Russian company relocating to Kazakhstan, following precious metals producer Polymetal and retailer Fix Price.Dodo Brands ranks among the top 7 largest foodservice companies in Europe, operating more than 1,300 pizza restaurants and cafés across 26 countries in the Middle East, Europe, Africa, and Southeast Asia. As of June 2025, Kazakhstan is home to over 100 Dodo Pizza locations and 14 Drinkit cafés. In Central Asia, the company has also opened 33 Dodo Pizza locations in Uzbekistan, Kyrgyzstan, and Tajikistan.The Astana Financial Services Authority (AFSA) is the independent regulator of the Astana International Financial Centre (AIFC), which is established in accordance with the Constitutional Law of the Republic of Kazakhstan “On the Astana International Financial Centre” for the purposes of regulating financial services and related activities in the AIFC. AFSA administers the AIFC Regulations and Rules and is responsible for the authorization, registration, recognition and supervision of financial firms and market institutions in the AIFC. (ICE ALMATY)
Fonte notizia: INTERFAX
