Cyprus-based Elvictor Group is targeting expansion after becoming the world's only publicly listed crew management company.

The Limassol and Athens-based family company secured a listing in the US over-the-counter market last year after a reverse merger with a dormant shell company.

Chief executive Konstantinos Galanakis told TradeWinds he and his family will have no private ventures, once all business is moved to the new Elvictor Group Inc.