Major International Brand Relocates to Kazakhstan
Photo: Invest.gov.kz
The international holding Dodo Brands, known for its Dodo Pizza chain and Drinkit digital coffee shops, has officially re-registered its headquarters from the Virgin Islands to the Astana International Financial Centre (AIFC), Orda.kz reports, citing the AIFC press service.
The company changed its jurisdiction while retaining its legal entity status, full business structure, and all existing obligations. The process was finalized on June 12, 2025, following close cooperation between Dodo Brands and the AIFC, the official statement aid.
Dodo Brands operates over 1,300 pizzerias and coffee shops in 26 countries. In Kazakhstan alone, there are over 100 Dodo Pizza places and 14 Drinkit coffee shops, with another 33 Dodo locations in other Central Asian countries. Notably, 95% of these establishments operate under a franchise model.
According to the AIFC, Dodo Brands generated over $1 billion in revenue in 2024, and the total workforce across its global network numbers 43,000 employees.
In April, a Majilis deputy criticized the activities of the AIFC and accused the center of turning into an "offshore heaven for oligarchs."
Original Author: Nikita Drobny
Latest news
- Young Doctors in Kazakhstan Could Be Allowed to Work After Internship
- Two Kazakhstanis Convicted in Kyrgyzstan for Selling Fake Dollars
- Kazakh Diplomat Accused of Espionage in Poland Released in Prisoner Swap
- Trump’s Sons Enter Kazakhstan’s Subsoil Project With U.S. Government Money
- Where Kazakhstan’s Biggest Ethnic Communities Are Concentrated
- Number of Children With Autism in Kazakhstan Has Nearly Doubled in Three Years
- Soyuz-5 Makes First Test Launch Under the Baiterek Project
- “We are different, but we are united”: Tokayev Congratulates Kazakhstanis on Unity Day
- Kazakhstan’s Planned Route to Mongolia Will Pass Through Russia
- Almaty Starts Testing a Low-Emission Zone in the City Center
- Senate Calls for Safety Audit of Almaty Metro
- Large Banks in Kazakhstan Lose Profit While Smaller Ones Grow
- Kazakh Suspects Linked to Fraud Scheme Targeting Deaf People in Kyrgyzstan
- Suicides in Kazakhstan Rise Again After Two Years of Decline
- Kazakhstan May Sharply Increase Fines for Animal Cruelty
- National Bank to Track Official Exchange Rates for More Foreign Currencies
- Traffic Is Driving Almaty’s Air Pollution Crisis
- Kazakhstan Moves to Expand the List of State Secrets
- Poll Shows Kazakhstanis Trust the President More Than Other Institutions
- Kazakhstan Proposes Extending Medical Training by One Year