From Cyprus to Russia: Global Ports shareholders approved the change of the country of registration

March 2 2023

Global Ports Investments PLC announced the results of an extraordinary general meeting of its shareholders, which took place under the chairmanship of Artemis Tomaides.

The shareholders decided to approve the redomiciliation of the company from the Republic of Cyprus to the Russian Federation – Russky island of Primorsky Territory, as well as to appoint Albert Likholet to the post of general director in accordance with the legislation of the Russian Federation after changing the legal regime of the country of registration.

Global Ports Investments PLC is a leading operator of container terminals in the Russian market in terms of capacity and container cargo turnover.

Global Ports terminals are located in the Baltic and Far East, which are key regions of foreign trade cargo flows. Global Ports operates a network of five marine container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal and Moby Dik in the Baltic, and Vostochnaya Stevedoring Company in the Far East) and two in Finland (Multi-Link terminals in Helsinki and Kotka). Global Ports also owns the internal Yanino Logistic Park container terminal near St. Petersburg.


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