EMC moves to Kaliningrad – Kommersant
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The shareholders of the EMC medical network decided to transfer the parent legal entity registered in Cyprus to a special administrative region on Oktyabrsky Island in the Kaliningrad region. This was reported by the industry publication Vademecum with reference to the materials of the extraordinary meeting of EMC shareholders. The decision to re-register the company from Cyprus to Oktyabrsky Island at the end of August 2023 was also made by the shareholders of another medical network, Mother and Child Group of Companies.
EMC is one of the major players in the Russian commercial medicine market. Nine branches of the network operate in Moscow and the Moscow region. In 2021, the network earned 25.1 billion rubles, taking third place in the top 200 private multidisciplinary clinics in Russia, compiled by Vademecum. In the first half of 2023, the company’s revenue amounted to 11.5 billion rubles.
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