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Companies

Facebook buys Instagram photo app for $1 bn Facebook buys Instagram photo app for $1 bn Facebook announced Monday that it made a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram.
10 April 2012
Air Astana stops using Fokker 50 Air Astana stops using Fokker 50 Air Astana is terminating exploitation of Fokker 50 planes.
09 April 2012
Tengrinews.kz wins Namys Doda Internet-award Tengrinews.kz wins Namys Doda Internet-award The results of the new professional Kaznet award called Namys Doda were announced.
09 April 2012
Kazakhstan will speed up shipment of Chinese cargoes Kazakhstan will speed up shipment of Chinese cargoes Kazakhstan will be shipping freights originating in China faster.
09 April 2012
BTA is our bank and we will support it: Shukeyev BTA is our bank and we will support it: Shukeyev Chairman of Samruk-Kazyna National Welfare Fund commented the statements of bankers about the future of BTA Bank.
09 April 2012
$202.7 million out of the National Oil Fund to finance the integrated gas treatment and chemicals production complex in Atyrau $202.7 million out of the National Oil Fund to finance the integrated gas treatment and chemicals production complex in Atyrau In his latest State of the Nation Address, President Nazarbayev suggested the National Oil Fund money be used in the form of loans to the national economy rather than kept with foreign banks.
09 April 2012
Samruk-Kazyna will cut over 4,000 jobs in 2 years Samruk-Kazyna will cut over 4,000 jobs in 2 years Samruk-Kazyna National Welfare Fund will cut over 4,000 jobs in two years.
06 April 2012
Halyk Bank Board Chairperson under fire over her comments on BTA’s viability Halyk Bank Board Chairperson under fire over her comments on BTA’s viability At a press-conference in Almaty April 3, Halyk Bank Chairperson of the Board Ms. Umyt Shaykhmetova criticized the BTA’s plans of the second debt restructuring.
05 April 2012
Karachaganak Petroleum Operating fined $50 million Karachaganak Petroleum Operating fined $50 million Karachaganak Petroleum Operating was fined $50 million for emissions.
05 April 2012
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KazMunaiGas National Oil and Gas Company to join the top 30 global oil majors by 2022 KazMunaiGas National Oil and Gas Company to join the top 30 global oil majors by 2022 As of now the Company is among the top 50 global oil and gas companies.
04 April 2012
Air Astana raising domestic flights prices Air Astana raising domestic flights prices Air Astana air company is raising cost of its domestic flights tickets 16%.
04 April 2012
KazMunaiGas halved its top management KazMunaiGas halved its top management KazMunaiGas National Oil company has completed optimization of its central headquarters' structure.
02 April 2012
EBRD buys a stake in a Kazakhstan grain production company EBRD buys a stake in a Kazakhstan grain production company Established in 1999, KazExportAstyk operates primarily in the North Kazakhstan and Akmolinsk areas to produce and export grain, oil seeds, and flour.
02 April 2012
KazMunaiGas will open hotel in Georgia in October 2012 KazMunaiGas will open hotel in Georgia in October 2012 Medical and health-improvement hotel Borzhomi-Likani owned by KazMunaiGas-Service will open in October 2012.
26 March 2012
Oil-producing companies will pay 400 million tenge in fines: Kazakhstan Oil and Gas Ministry Oil-producing companies will pay 400 million tenge in fines: Kazakhstan Oil and Gas Ministry The list of penalized companies will be published on the website of the Oil and Gas Ministry in the beginning of April.
20 March 2012
KazMunaiGas fined 500 million tenge in Pavlodar KazMunaiGas fined 500 million tenge in Pavlodar KazMunaiGas was mulct by 470 million tenge ($3.2 million) in Pavlodar.
19 March 2012
Second biggest cigarette producer in Kazakhstan closing down one of its two production facilities Second biggest cigarette producer in Kazakhstan closing down one of its two production facilities The tobacco facility in Shymkent was launched in 1995.
19 March 2012
Two stages to launch integrated gas treatment and chemicals production complex in Atyrau Two stages to launch integrated gas treatment and chemicals production complex in Atyrau The facility will be converting domestic hydrocarbons, producing 500 000 tons of propylene and 800 000 tons of polyethylene.
19 March 2012
KazMunaiGas cut a quarter of managerial jobs KazMunaiGas cut a quarter of managerial jobs Managerial personnel of KazMunaiGas National Oil Company has been axed by 23 percent.
18 March 2012
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