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news mobile Kazakhstan Kazakh uranium KazAtomProm Market competition airlines Air Astana KazMunaiGas Kazakhstan Temir Zholy job cuts TeliaSonera Kcell KazakhTelecom media development USA Oil investment field business Americas production People's IPO KEGOC Samruk Kazyna Debt BTA Bank Karim Massimov Masimov Massimov Karim Masimov National Bank supplies Russia gas Zhanaozen UniCredit stake

Tele2 to cover all Kazakhstan cities in 2012 In 2011 the Company’s customer base in this country reached 1.4 million people.

08 февраля 2012

KazAtomProm’s 2012 plans KazAtomProm National Nuclear Company plans to inject over $20 million to finance geological exploration operations in 2012-2015: Company’s Head Vladimir Shkolnik.

06 февраля 2012

Zhumagaliyev called for more competition at local airlines market Askar Zhumagaliyev has considered complaints of MPs about the monopolist airline Air Astana.

06 февраля 2012

Kazakhstan national companies comment expected job cuts Managers of Kazakhstan Temir Zholy, KazAtomProm and KazMunaiGas spoke about the current and future optimization of their structures.

03 февраля 2012

Kazakhtelecom sold 49% in GSM Kazakhstan to Europe Kazakhtelecom has closed the deal on selling its 49-percent stake in GSM Kazakhstan.

03 февраля 2012

Job cuts expected in KazMunaiGas headquarters At the same time the number of production units is expected to be increased.

03 февраля 2012

Caspionet channel to get new name Kazakhstan Secretary of State gave instructions to the Ministry of Culture and Information on development of local media.

03 февраля 2012

American companies respect Kazakhstan's ambition to increase its stakes in oil fields Kazakhstan delegation met with representatives of the U.S. business community in Washington to discuss oil stakes, investments and relations with China and Russia.

02 февраля 2012

KazMunaiGas announces oil production plans Earlier Kazakhstan’s Minister of Oil and Gas Sauat Mynbayev reported that Kazakhstan planned to produce a total of 83 million tons of oil and condensed gas.

02 февраля 2012

Kazakhtelecom sells 49% in GSM Kazakhstan to TeliaSonera GSM Kazakhstan is a mobile carrier providing its services under the brandnames of Kcell, Activ, Vegaline.

02 февраля 2012

KEGOC National Power Grid Operator ready to run People’s IPO in time The stake to be floated will make up 5-15% of the stock: Bakytzhan Kazhiyev, Head of KEGOC.

31 января 2012

BTA shareholders failed to reach any decision on second debt restructuring BTA announced its plans of the second debt restructuring in December 2011. Its main shareholder – Samruk-Kazyna Sovereign Wealth Fund – voiced its support to the proposed debt restructuring.

26 января 2012

Samruk-Kazyna to have its companies get rid of non-core business At different times these companies invested into a range of facilities that are now dragging them down economically: Fund’s Chairman of the Board.

26 января 2012

Kazakhstan PM refuted gossips on reorganization of Samruk-Kazyna Kazakhstan Prime-Minister Karim Massimov refuted the gossips about transferring of KazMunaiGas and Kazakhstan Temir Zholy to respective ministries. Commented People's IPO plans and Kashagan budget.

23 января 2012

Samruk-Kazyna and National Bank refute possible merger of BTA with another bank Last week a number of media had reported that BTA might merge with another large bank.

18 января 2012

Gazprom’s gas supplies to Kazakhstan on the rise Aleksei Miller, GazProm Chairman of the Board, met Kazakhstan’s Ambassador to Russia Zautbek Turisbekov on Tuesday.

18 января 2012

KMG EP launches two new enterprises in Aktau and Zhanaozen The two oil service companies are in the process of state registration, but have already employed 1710 earlier fired oilmen: Company’s Director General Alik Aidarbayev.

17 января 2012

Samruk-Kazyna will not purchase stake in UniCredit SpA Samruk-Kazyna National Welfare Fund confuted the information on buying a stake in UniCredit SpA.

13 января 2012

Marat Zairov is resigning from the position of BTA Bank CEO Zairov was appointed to the position in August 2011, replacing Mr. Anvar Saidenov, the latter being appointed Chairman of the Board.

11 января 2012

KMG EP announces 2011 oil production output results Oil production output in 2012 is expected at 13 065 000 tons (265 000 barrels a day), 6% up against 2011.

09 января 2012

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