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Illustration by tengrinews.kz
Russian companies overwhelm Kazakhstan since CU

The number of Russian companies in Kazakhstan has increased by 30 percent since creation of the Customs Union.

Russian companies overwhelm Kazakhstan since CU
©RIA Novosti
Russia asks Kazakhstan to retain specialization of 19 military companies

A huge number of equipment and military vehicles manufactured back in the Soviet time and after are still in use and require spare parts.

Russia asks Kazakhstan to retain specialization of 19 military companies
Oil well at the Caspian Sea. ©RIA Novosti
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.

Oil-producing companies will pay 400 million tenge in fines: Kazakhstan Oil and Gas Ministry
Bolat Akchulakov
Akchulakov appointed new head of KazMunaiGas

Outgoing Kairgeldy Kabyldin, according to a source close to the situation, is expected to head KazTransOil.

Akchulakov appointed new head of KazMunaiGas
Photo courtesy of  teplov.ru
St. Petersburg’s Penoplex wants to monopolize Kazakh frost protection market

Penoplex holding has launched the second $3.3-million line producing building insulation materials.

St. Petersburg’s Penoplex wants to monopolize Kazakh frost protection market