(IN BRIEF) The EBRD has agreed to lend up to €25 million to Orzax Central Asia to finance the construction of a greenfield food supplement manufacturing facility in Kazakhstan’s Turkestan region. The project marks Orzax Türkiye’s first international production base … Read the full press release
Posted in Banks, Financial, Food & Beverage, Industrial, Investment, Turkey, United Kingdom
Tagged Central Asia, EBRD, EBRD financing enables new food supplement production facility in southern Kazakhstan, EBRD loan supports Orzax Türkiye’s first manufacturing investment outside Turkey, European Bank for Reconstruction and Development, food supplement manufacturing, greenfield facility, healthier lifestyles, import dependence, Kazakhstan, nutritional products, Orzax Central Asia, Orzax Central Asia advances regional manufacturing plans with EBRD-backed investment, Orzax Türkiye, private sector investment, research and development, skills transfer, Turkestan region, workforce development
(IN BRIEF) The EBRD is providing €35 million in financing to modernise Kazakhstan’s port of Aktau, with up to €10 million in additional support expected from the EU, creating a total package of €45 million. The funds will extend berths … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Transportation & Logistics, United Kingdom
Tagged Aktau Port, Aktau Port to double container capacity with EBRD loan and EU grant support, Asia Pacific Investment Facility, Caspian Sea, container handling, EBRD, EBRD and EU commit €45 million to expand Kazakhstan’s Aktau Port and boost Transcaspian trade, EBRD backs Caspian infrastructure with €35 million loan for Aktau Port expansion, EU Global Gateway, European Bank for Reconstruction and Development, European Union, infrastructure investment, Kazakhstan, Kazakhstan Railways, Odile Renaud-Basso, regional trade, Samruk-Kazyna, Transcaspian Corridor
(IN BRIEF) Alstom has inaugurated its first signalling competence centre in the CIS region, based in Astana, to support Kazakhstan’s railway digitalisation with advanced signalling solutions and local engineering development. The centre, launched on 5 August 2025, will deliver customised … Read the full press release
Posted in France, Industrial, Technology, Transportation & Logistics
Tagged Alstom, Astana, CIS region, digital transformation, electric locomotives, global innovation network, industrial sites, Jérôme Boyet, JSC NC Kazakhstan Temir Zholy, Kazakhstan, KTZ, localisation, Onvia Lock, rail ecosystem, Ramazan Sadyrkulov, signalling competence centre, software development, system modernisation
(IN BRIEF) Sika has inaugurated its new production plant in Ust-Kamenogorsk, Kazakhstan, featuring advanced production lines for mortar and concrete admixtures and a modern laboratory. This facility, which is the company’s fourth in the country, is strategically situated in a … Read the full press release
Posted in Business, Chemicals, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Christoph Ganz, concrete admixtures, Construction Chemicals, construction industry growth, Eastern Kazakhstan, Group Management, industrial expansion, infrastructure projects, Kazakhstan, mineral resources, Mining Industry, modern laboratory, mortar, partnership, production facility, Regional Manager EMEA, residential housing, Sika, sustainability, Ust-Kamenogorsk
(IN BRIEF) Metso has signed a distribution agreement with Korund, making Korund the official distributor for Metso’s crushing and screening solutions in Kazakhstan and Kyrgyzstan. The partnership will focus on the aggregates segment, with Korund providing Metso’s equipment, wear parts, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Carlos Padim, Central Asia, Crushing, Dr. Valentin Bereza, Kazakhstan, Korund, Kyrgyzstan, Metso, partnership, Screening Solutions, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is spearheading efforts to tackle water treatment and environmental challenges in Aktobe, Kazakhstan’s fourth-largest municipality, through the financing of a new wastewater treatment plant and associated infrastructure. With a sovereign … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Aktobe, EBRD, JSC Aqtobe Su-Energy Group, Kazakhstan, modernization, partnership, sustainability, wastewater treatment plant
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is aiding the growth of Araltuz, a prominent salt producer in Kazakhstan, by providing a convertible loan of up to KZT 5.5 billion. This funding will facilitate the modernization of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Araltuz, EBRD, Kazakhstan, partnership, Production Facility Upgrades, sustainability
(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Atameken-Agro, a leading agricultural holding in Kazakhstan, to support the modernization and environmental improvement of its agricultural machinery. This initiative aims to enhance … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged agricultural, Atameken-Agro, EBRD, Environmental Enhancement, Kazakhstan, modernization, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is taking steps to tackle youth unemployment and promote entrepreneurship in Central Asia by introducing a seven-year, €200 million (US$218 million) Youth in Business program. This initiative aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arnur Credit, Central Asia, EBRD, Entrepreneurship, Hamkorbank, Kazakhstan, Mongolia, MSMEs, partnership, Shinhan Bank Kazakhstan, Transcapital, Uzbekistan, Youth in Business Program, youth unemployment
(IN BRIEF) Škoda Auto is furthering its collaboration with Allur in Kazakhstan, signing key agreements to solidify their partnership. The focus of this cooperation includes vehicle assembly from Semi Knocked Down (SKD) kits starting next year, exploring local production from … Read the full press release
(IN BRIEF) TotalEnergies has signed an Agreement on Investment (AoI) for its Mirny project during COP28 in Dubai. This project, the largest wind energy initiative ever undertaken in Kazakhstan, will provide low-carbon electricity to over 1 million people and reduce … Read the full press release
(IN BRIEF) FLSmidth Mining is strengthening its worldwide service network by expanding service centers in Karaganda, Kazakhstan, and Tucson, USA. In Karaganda, the existing service center will grow significantly, providing enhanced service capabilities for heavy mining products. In Tucson, a … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged and Tucson, FLSmidth, Joshua Meyer, Karaganda, Kazakhstan, Mining Industry, partnership, sustainability, USA
(IN BRIEF) Škoda Auto, the Czech car manufacturer, is making a strategic return to the Kazakhstan market by partnering with Allur Company for sales and production. They have signed a partnership agreement, and starting in early 2024, four Škoda models … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Government, Industrial, Management, Marketing, News
Tagged Allur Company, Kazakhstan, Klaus Zellmer, marketing, Martin Jahn, partnership, ŠKODA AUTO, sustainability
(IN BRIEF) Plenitude, a subsidiary of Eni focused on renewable energy, has inaugurated its first photovoltaic plant in Kazakhstan near Shaulder village in the Turkistan Region. With an installed capacity of 50 MW, this facility marks Plenitude’s entry into the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Darkhan Satybaldy, Eni, Kazakhstan, Marco Alberti, partnership, Photovoltaic Plant, Plenitude, Shaulder photovoltaic farm, Stefano Goberti, sustainability
(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, has inaugurated its first bogie centre in Astana, Kazakhstan. The centre will produce and maintain bogies for various railway vehicles throughout their lifecycle. Alstom invested over €15 million in … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Management, News, Transportation & Logistics
Tagged Alstom, Bogie Centre, Kanat Alpysbayev, Kazakhstan, railway
(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) for the Mirny wind project in Kazakhstan, marking the country’s largest wind energy initiative. The project involves a 1 GW onshore wind farm and a 600 MWh battery energy storage … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities
Tagged Almassadam Satkaliyev, battery energy storage, energy transition, gas, Kazakhstan, KazMunayGas, Mirny project, National Wealth Fund Samruk-Kazyna, oil, Patrick Pouyanné, Power Purchase Agreement, PPA, renewable energy, TotalEnergies, wind farm, Wind Project, Zhambyl
(IN BRIEF) Alstom has appointed Laurent Bazin as the General Director for EKZ (Electric Locomotives Assembly Plant) in Astana, Kazakhstan. With extensive experience in supply chain and procurement roles, Laurent has contributed significantly to Alstom over the years. In his … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested KZT 6 billion (€13 million) in a local currency bond issued by Kazakhstan’s transmission system operator, KEGOC. The investment will support KEGOC’s first floating TONIA-linked local currency bond, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, United Kingdom
Tagged Climate Investment Funds, EBRD, electrical grid, KASE, Kazakhstan, Kazakhstan Stock Exchange, KEGOC, National Bank of Kazakhstan, renewable energy, tenge overnight index average rate, The European Bank for Reconstruction and Development, TONIA
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching a new financing facility to help Kazakhstan reduce energy consumption and promote the use of renewable energy sources. The EBRD is providing funds of up to $150m to … Read the full press release
Posted in Banks, Construction, Economy, Environment, Financial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, Financial, Green Economy Financing Facility II, Kazakhstan, UK
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