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ARETI International Group Finalizes Exit from Turkmenistan, Refocuses Strategy on Europe, North America, and the Middle East
- ARETI International Group has completed its exit from Turkmenistan, ceasing all business activities and interests in the country.
- The company is now concentrating on energy, infrastructure, and innovation investments in Europe, North America, and the Middle East.
- Founded by international businessman Igor Makarov, ARETI International Group, a Cyprus-based diversified energy and investment holding, has officially concluded its departure from Turkmenistan.
- The exit process began in 2022, with the formal completion achieved by April 2025, leading to no remaining affiliated entities or operational presence in Turkmenistan.
- ARETI formerly engaged in energy projects in Turkmenistan but shifted its focus due to geopolitical changes, regulatory shifts, and emerging opportunities in other regions.
- This shift aligns with the company's strategic reorientation towards markets with potential for sustainable growth.
- ARETI is now actively seeking investment opportunities in energy, infrastructure, and innovation sectors in Europe, North America, and the Middle East while no longer having business interests in Russia.
- The exit from Turkmenistan is a response to changing global market conditions and internal business priorities, done in compliance with legal and regulatory requirements.
- Aside from commercial ventures, ARETI remains involved in philanthropic activities, emphasizing cycling, youth sports, and healthy lifestyles in Cyprus and globally.
- The company continues to support charitable and cultural initiatives in line with its values and long-term vision.
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