Kazakhstan government named affordable housing prices
Kazakhstan affordable housing will cost from 70 to 90 thousand tenge ($470-610) per one square meter.
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.
Kazakhstan’s Vice PM commissioned to negotiate delayed Baiterek space launch complex with Russia
Initially the Baiterek (“poplar tree”) space launch complex was supposed to be constructed at Baikonur in 2013, following the testings of Angara booster rocket.
Government and Samruk-Kazyna to submit final plan on People’s IPO within 10 days
I believe the efforts to raise general public’s awareness of the IPO have been inadequate: 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.
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.
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.
30-percent pay rise impracticable: ArcelorMittal Temirtau
Management of ArcelorMittal Temirtau have reviewed the decision of the employees conference held on February 25.
Kazakhstan Government introduces moratorium on hiring extra manpower by public bodies
In a statement January 27, 2012 President Nazarbayev instructed Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices”.