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Companies

Hyundai Marubeni of Japan to finance modernization of the Pavlodar-based oil refinery Hyundai Marubeni of Japan to finance modernization of the Pavlodar-based oil refinery The actual construction is to start in 2013 and complete by the Q4 2015.
14 March 2012
BTA Bank to cut 25 percent of jobs BTA Bank to cut 25 percent of jobs BTA Bank has started optimizing its personnel and structure. 25% of its employees are going to be axed.
01 March 2012
We may get back to constructing fourth oil refinery to accommodate Kashagan oil: PM Massimov We may get back to constructing fourth oil refinery to accommodate Kashagan oil: PM Massimov As of today, Kazakhstan-based refineries process a bit over 13 million tons a year. Plans are there to increase oil processing up to 17.5 million tons by 2015.
29 February 2012
KazMunaiGas to obtain a loan of $4 billion out of the National Oil Fund to finance Kashagan development KazMunaiGas to obtain a loan of $4 billion out of the National Oil Fund to finance Kashagan development According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
29 February 2012
Kazakhstan’s air force to be equipped with two C-295 military aircraft from European aircraft maker Airbus Kazakhstan’s air force to be equipped with two C-295 military aircraft from European aircraft maker Airbus By 2018 the military fleet of Kazakhstan will have been equipped with a total of 8 C-295 aircraft.
29 February 2012
30-percent pay rise impracticable: ArcelorMittal Temirtau 30-percent pay rise impracticable: ArcelorMittal Temirtau Management of ArcelorMittal Temirtau have reviewed the decision of the employees conference held on February 25.
28 February 2012
Kazakhstan businessmen own Russian airports Kazakhstan businessmen own Russian airports Kazakhstan's Meridian Capital bought 50 percent of T.S.Trans Siberia that owns Russian airport holding Novaport.
27 February 2012
Kazakhstan may purchase a $400-500 million stake in Russia’s Uralsk Electrochemical Works Kazakhstan may purchase a $400-500 million stake in Russia’s Uralsk Electrochemical Works Relying on the infrastructure of the Uralsk Electrochemical Works, Russia and Kazakhstan have been working together to launch a joint uranium enrichment facility.
24 February 2012
KazAtomProm announces its 2012 capital expenditures figure KazAtomProm announces its 2012 capital expenditures figure In 2011 the Company produced a total of 19 450 tons of uranium, 9% up against 2010.
24 February 2012
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Gazprom Neft buys Kazakhstan fuel stations firm Gazprom Neft buys Kazakhstan fuel stations firm Management of Gazprom Neft made a decision to approve the purchase of 100-percent stake in Kazakhstan’s Sanol Invest.
22 February 2012
Kazakhstan and South Korea to sign a package of agreements on Balkhash thermal plant Kazakhstan and South Korea to sign a package of agreements on Balkhash thermal plant Kazakhstan’s President Nursultan Nazarbayev is to visit South Korea in March 2012.
22 February 2012
Head of Samruk-Kazyna met with head of Gazprom Head of Samruk-Kazyna met with head of Gazprom The head of Samruk-Kazyna National Welfare Fund met with the head of Gazprom.
21 February 2012
Almaty airport bested CIS airports Almaty airport bested CIS airports Almaty International airport named the best airport in the territory of the CIS countries.
21 February 2012
KMG failed to produce over 1 million tons of oil in Zhanaozen strikes KMG failed to produce over 1 million tons of oil in Zhanaozen strikes KazMunaiGas failed to produce over 1 million tons of oil because of Zhanaozen strikes.
20 February 2012
KazMunaiGas reshuffled KazMunaiGas reshuffled KazMunaiGas National Oil Company has been reshuffled.
16 February 2012
KazMunaiGas may merge with KazMunaiGas Exploration and Production KazMunaiGas may merge with KazMunaiGas Exploration and Production In the nearest future we will consider all possible optimization options within Samruk-Kazyna: Umirzak Shukeev, Head of the Samruk-Kazyna Sovereign Wealth Fund.
16 February 2012
Samruk-Kazyna not seeking to pin-pointedly sack relatives of mighty people: Fund’s Head Samruk-Kazyna not seeking to pin-pointedly sack relatives of mighty people: Fund’s Head January 27, 2012 President Nazarbayev instructed Umirzak Shukeev, Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices”.
16 February 2012
New chairman of Nurbank appointed New chairman of Nurbank appointed Mukhtar Idrissov was appointed new chairman of Nurbank.
15 February 2012
KazMunaiGas to lay off 25% of its headcount KazMunaiGas to lay off 25% of its headcount January 27, 2012 President Nazarbayev instructed Umirzak Shukeev, Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices.
14 February 2012
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