O’Key Group SA, one of Russia's largest food retailers, has finalised its decision to redomicile from Luxembourg to Russia. The group’s shareholders the move at an extraordinary general meeting on 25 March 2025. Following the approval, the company will now be registered in the special administrative region on Oktyabrsky Island in Kaliningrad.
The company, which has been legally registered in Luxembourg since 2001, stated in a press release that the move aims to enhance management efficiency by aligning its legal structure with its operations in Russia. Despite the redomiciliation, O’Key Group’s business activities will temporarily remain unaffected in Luxembourg, as previously, and it will continue to meet all obligations to partners and customers. The company said that it maintain its operations as usual throughout the transition period.
The O’Key Group operates two key retail chains in Russia, O’Key hypermarkets and DA! Discounters.