Kazakhstan’s foreign trade turnover amounted to $18.23 billion in January-April 2016, down by 29.8% YoY. Mutual trade with countries of the Eurasian Economic Union (EEU) dropped 1.4 times, to $3.62 billion during the period. Kazakh export, where 72% accounted for fuel and energy products, decreased by 31.2%, to $11.03 billion in January-April. The country’s export…
Shareholder structure of the Kazakhtelecom JSC, the largest telecommunication company in Kazakhstan, has changed, said the message posted on the website of the Kazakhstan Stock Exchange (KASE) on July 5. The UK-based Sobrio Limited company became new major shareholder of the Kazakhtelecom JSC in the result of a deal implemented within one group. Sobrio Limited…
Kazakhstan has imported about 6 thousand tons of Polish apples in December 2014, an increase of 50% compared with the same month of the previous year and record high result for at least 5 past seasons. It should be noted that Poland has been raising apple exports to Kazakhstan since the very beginning of the…
Kazakhstan’s largest oil producer Tengizchevroil (TCO) plans to produce first oil at Tengiz oilfield in 2022. Investments into the project expansion will amount to $36.8 billion, TCO said. The decision was made to finance the next phase of expanding production facilities of the Tengiz oilfield, the company reported. It will comprise the future expansion project…