Each region - or rather, each country - has its own “business mentality”. And the East (and the Far, and the Near, and all of Asia) is, as we know, a very delicate matter. Kazakhstan is one of Russia’s closest neighbors, a member of the CIS and the EAEU Customs Union, therefore it is an interesting and promising market for Russian companies. However, even taking into account such closeness and friendliness, some subtleties should not be overlooked. What internal features of the country should be taken into account when opening a business in Kazakhstan? Representatives of Russian companies that already have similar experience tell us.

CEO and founderArtNauka Nikolay Novoselov:

“We have worked with Kazakhstan several times - moreover, we had a franchise there for a long time and launched it together with our partners.

Kazakhstan is a wonderful world. On the one hand, this is progress and insane growth, and on the other hand, bribes for doing (!) ordinary work. Well, that is, you negotiate something with contractors, and in fact they demand kickbacks for completing the work. This is a country of contrasts: high-rise new areas and a poor population in a Japanese car park 10 years ago. A country where the judicial system is close to Russia will now have international expertise at the same time.

Features that we learned while already working there:

1. High politicization
Astana, in general, is a cover city. People keep offices there for internal purposes. Since in Russia Moscow is both the center of politics and the center of business, this is unfamiliar to us. But you can imagine these difficulties if, for example, the Kremlin was located in Veliky Ustyug. Then the decision makers of large companies would be somehow divided between Moscow and Ustyug.
2. Very long distances
We are used to the fact that our cities in Russia are quite far from each other. And many believe that this is unique. Probably compared to Europe. So, between Astana and Almaty there are more than 1000 km.
3. There are fewer companies than in the Russian Federation
Many companies that rely on “volume” clients will find it difficult to find those with a large staff there. Again, after Moscow, people are looking for “thousanders” there, but there are very few of them there. This is especially relevant for those who want to be there in the b2b segment.
4. They like working with Russia
And this is the most important point. In Kazakhstan, they really value Russian companies and try to build profitable relationships. Moreover, this is not even a government policy, but their general attitude, civic and entrepreneurial. And what’s even more important: Kazakh businessmen are trying to bring something new to Russia, and not just receive benefits. They are happy to invite you to work on their territory, consult with agencies and create joint projects.

Working with Kazakhstan is a good branch for Moscow or federal companies, but our recommendation is to consider this region something closer to one of the regions of Russia."

Photo: Shutterstock. Astana

Partner Relations ManagerStudyQA Farangiza Shukasheva:

“Kazakhstan is a unique country that has enormous economic potential, however, there are a number of limiting factors. There is a noticeable difference in the features of doing business in large cities and regions. The self-sufficiency of the project plays an important role and, for natural reasons, in megacities it will be higher, as will the purchasing power itself . This is reflected in the choice of regional entrepreneurs who turn to more conservative and proven areas. Despite the existence of state programs, often starting their own business in the regions is accompanied by financial help from relatives, which shapes the opinion about the colossal influence of personal connections in the business community of Kazakhstan. However, it is only partly objective, since today the majority of Kazakh entrepreneurs are aware of the need to attract third-party qualified personnel to even family businesses."

Head of branchSearchInform in Kazakhstan Dmitry Stelchenko:

"There are a lot of family businesses in Kazakhstan. This cannot but influence the business culture of the country. For example, not a single transaction will take place without the direct participation of the owner, the owner of the business. A personal meeting is required - and preferably more than one. Even if you have previously held negotiations with other representatives of the company and reached specific agreements, based on the results of the meeting they will either be confirmed or rejected, as if they had not existed before.

Photo: Shutterstock. Astana

Another feature is that you, a person essentially an outsider, may be afraid of being offended by a refusal or unpleasant news. For example, the situation has changed in the company with which you were negotiating, and some difficulties have arisen. Then, in order not to upset you, they simply stop communicating with you. Yes, you will call for a whole month and not get through, being completely unaware of the reasons for the sudden ignoring. In reality, they simply don’t want to upset you with bad news. Then, when the situation levels out, communication and negotiations will resume, as if this period of silence had never happened.

The relationships with clients and partners are not just business relations - in a sense, they become close, “relative”. Although this is not at all surprising if you remember the clannishness and nepotism of their business culture."

If we add to the above the presence of high effective demand, the absence of customs barriers with the countries of the Eurasian Economic Union and a relatively soft and transparent tax regime, then we can make an unambiguous conclusion about the possibility of classifying Kazakhstan as one of the most attractive countries in the CIS for starting a new or expanding an existing business.

Obviously, a person interested in doing business in Kazakhstan, first of all, may ask the following questions: “ What legal instruments and structures are enshrined in the country’s legislation and what steps need to be taken first?“The correct start of organizing a business requires possession of relevant information, without analysis and comprehension of which it is difficult to begin to realize the goal set for oneself.

The first step to starting a business activity in the Republic of Kazakhstan is obtaining the status of an “individual entrepreneur” or establishing a legal entity. According to the legislation of the Republic of Kazakhstan, legal entities whose main activity is making profit can be established in the form of a state enterprise or business partnership (full partnership, limited partnership, limited liability partnership, additional liability partnership), joint stock company or production cooperative.

Statistics indicate that in most cases, limited liability partnerships and joint stock companies are created for the purposes of conducting private business in Kazakhstan.

In this article we will look at the procedure for creating one of the most common organizational and legal forms of a legal entity - a Limited Liability Partnership (hereinafter referred to as “LLP”).

An LLP is a partnership established by one or more persons, the authorized capital of which is divided into shares of sizes determined by the constituent documents, the participants of which are not liable for its obligations and bear the risk of losses associated with the activities of the partnership, within the value of the contributions made by them. The legal status of the LLP, the rights and obligations of its participants, the procedure for the creation, activities, reorganization and liquidation of the partnership are regulated by the Civil Code of the Republic of Kazakhstan and the Law of the Republic of Kazakhstan “On Limited and Additional Liability Partnerships” » (dated April 22, 1998 No. 220-I).

An LLP can be established by one or several individuals and/or legal entities. In this case, the LLP cannot have another business partnership consisting of one person as its sole participant (founder).

When an LLP is established by one person, this person (founder) makes (signs) a sole decision on its establishment. If an LLP is established by two or more persons, a constituent agreement is concluded in writing between them (the founders), signed by each of the founders or their authorized representatives. In this case, the constituent agreement is subject to notarization, with the exception of the constituent agreement of a LLP, which is a small or medium-sized enterprise.

Also, the founder(s) need to approve the charter of the LLP, which is a document defining the legal status of the partnership as a legal entity. The LLP charter is approved by the decision of the sole founder or the minutes of the general meeting of founders. This decision or protocol also approves the size of the authorized capital of the LLP, elects its executive body (collegial and (or) sole), selects its location (legal address), and resolves other issues related to the establishment of the LLP.

It should be noted that if the founder(s) intend to appoint a citizen of a foreign state to the position of the executive body of the LLP (General Director, Director, etc.) or another position, it is necessary, after the establishment of the LLP, to obtain permission for such a foreign citizen to attract foreign labor (i.e. "work permit"). At the same time, to hire citizens of the member states of the Eurasian Economic Union (Armenia, Belarus, Kyrgyzstan and Russia), as well as foreign citizens who have a residence permit in the Republic of Kazakhstan, obtaining such a permit is not required.

In accordance with the Entrepreneurial Code of the Republic of Kazakhstan (approved by law dated October 29, 2015 No. 375-V ZRK), LLPs can be classified into various categories, the division into which is based on the criteria of the average annual number of employees and average annual income:

1) small business entity- a partnership with an average annual number of employees of no more than 100 (one hundred) people and an average annual income of no more than 300,000 times (three hundred thousand times) the MCI* (approximately 1.88 million US dollars), established by the law on the republican budget and valid as of January 1 of the corresponding financial year. At the same time, LLPs engaged in certain types of activities specified in the Entrepreneurial Code of the Republic of Kazakhstan cannot be classified as SMEs;

At the same time, this category includes “ micro-business subject» - a partnership with an average annual number of employees of no more than 15 (fifteen) people OR an average annual income of no more than 30,000 times (thirty thousand times) the MCI (approximately 188,000 US dollars), established by the law on the republican budget and valid as of January 1 of the corresponding financial year.

2) medium-sized business entity- a partnership not related to small and large businesses;

3) large business entity- a partnership that meets one or two of the following criteria: the average annual number of employees is more than 250 (two hundred and fifty) people AND (OR) the average annual income is more than 3,000,000 times the MCI (approximately 18.8 million US dollars) established by the law on the republican budget and effective as of January 1 of the relevant financial year.

* MCI is a monthly calculation indicator, equal to 2121 tenge as of April 12, 2016 (approximately 6.30 US dollars at the rate of the National Bank of the Republic of Kazakhstan).

Wherein “average annual number of employees” The LLP is determined taking into account all employees, including employees of branches, representative offices and other separate divisions of this LLP, and "average annual income" The sum of the total annual income or income of a limited liability partnership applying, in accordance with the tax legislation of the Republic of Kazakhstan, a special tax regime based on a patent or a simplified declaration, for the last three years, divided by three is considered.

Initial amount of the authorized capital of the LLP:

· relating to small businesses - may be equal to zero or another amount;

· relating to medium and large businesses - there cannot be less than one hundred MCI amounts (i.e. 212,100 tenge, approximately 630 US dollars) on the date of submission of documents for state registration of the partnership.

The founder(s) may invest money, securities, things, property rights, including land use rights and the right to results of intellectual activity and other property as a contribution to the authorized capital of the LLP. At the same time, the authorized capital of special financial companies created in accordance with the legislation of the Republic of Kazakhstan on project financing and securitization, as well as Islamic special financial companies created in accordance with the legislation of the Republic of Kazakhstan on the securities market, is formed exclusively in money. However, personal non-property rights and other intangible benefits cannot be made as a contribution to the authorized capital of the LLP.

The LLP acquires the status of a legal entity after passing the state registration procedure carried out by the Ministry of Justice of the Republic of Kazakhstan and its territorial divisions.

State registration of small businesses

The procedure for state registration of small businesses has some differences from the procedure for registering medium and large businesses. In particular: the legislative body of the Republic of Kazakhstan, in order to develop small businesses, established a notification procedure for the creation of an LLP related to a small business entity, and, thereby, simplified the procedure for state registration (creation) of such organizations.

For state registration of a LLP classified as a small business entity, the founder(s) through the Internet resource “Electronic Government” (www.egov.kz) must submit a completed electronic form to the registration authority Notifications of commencement of implementation entrepreneurial activity. It should be noted that in order to submit an electronic Notification, each founder will need to obtain an individual identification number (IIN) and an electronic digital signature (EDS) in advance, since each founder is required to approve the above Notification through his EDS.

For state registration of LLP - a small business entity, the registration fee is not paid.

For an LLP, one or more of whose founders are foreign individuals or legal entities, electronic copies of the following documents must also be attached to the above Notification:

a copy of the passport or other document proving the identity of the founder - a foreign individual, with a notarized translation into Kazakh and Russian languages.

The fact of registration of a legal entity in the notification procedure is confirmed by the “Certificate of State Registration of a Legal Entity”, which is sent in electronic format to the applicant (applicants) in the personal account opened on the Internet resource of the “Electronic Government” (www.egov.kz). The certificate is issued by the registration authority no later than 1 (one) business day following the day of submission of the Notification.

State registration of medium and large businesses

For state registration of a LLP related to a medium and large business entity, the following documents are required to be submitted to the registration authority (through the Public Service Center):

1)Application for state registration, which is signed and submitted to the registration authority by the founder himself or one of the founders (if there are several of them). If the sole founder is a foreign individual or legal entity, the Government of the Republic of Kazakhstan or state bodies or the National Bank, the application is signed and submitted by a person authorized by the founder with the attachment of constituent documents certified by a notary (legalized for foreign legal entities).

2) Receipt of payment of the state registration fee(applies only to large businesses). The fee for a LLP, which is a large business entity, is 6.5 MCI (i.e. 13,786.5 tenge, approximately 40 US dollars), which is paid through the Electronic Government payment gateway. For state registration of LLP - a medium-sized business entity, the registration fee is not paid.

3) For LLP, one or more of the founders of which are foreign individuals or legal entities:

a) if the founder is a foreign legal entity - a legalized extract from the trade register or other legalized document certifying that the founder - a foreign legal entity is a legal entity under the laws of a foreign state, with a notarized translation into Kazakh and Russian languages;

b) if the founder is a foreign individual - a copy of the passport or other document proving the identity of the founder - a foreign individual, with a notarized translation into Kazakh and Russian languages.

The registering authority, if the submitted documents comply with the requirements of the legislation of the Republic of Kazakhstan, carries out state registration of the LLP within 1 (one) working day, after which it issues a “Certificate of state registration of a legal entity.”

“Certificate of state registration of a legal entity” contains information about the date of its issue, date of state registration, name, location (legal address) and business identification number (BIN) of the LLP.

State registration of a LLP related to a medium and large business entity can also be carried out on the basis of an electronic application for state registration submitted through the Internet resource of the “Electronic Government” (www.egov.kz). In this case, the founder(s) will also need to obtain an IIN and digital signature, similar to the procedure provided for when registering small businesses.

It should be noted that the constituent agreement and charter of the LLP, neither for small businesses nor for medium and large businesses, are not submitted to the registration authority during the state registration process.

After the state registration of the LLP, its executive body (manager) can order the production of a partnership seal, open bank accounts for the partnership and begin carrying out the planned business activities. It should be noted that in order to conduct certain types of activities, the list of which is enshrined in the Law of the Republic of Kazakhstan “On Permits and Notifications” (dated May 16, 2014 No. 202-V ZRK), it is necessary to obtain the appropriate licenses/permits, and only after their receipt by the LLP can carry out such activities.

Conclusion

Taking into account the above description of registration procedures, as well as open feedback from employees of the registration authority, any interested parties can independently initiate and successfully complete the LLP registration process in the territory of the Republic of Kazakhstan. However, it should be noted here that the issue of starting a business in Kazakhstan, as in any other country, needs to be approached more comprehensively and systematically, while simultaneously resolving issues related to visa support for foreign workers, obtaining a work permit for legal entities to attract foreign workers employees, interaction with tax authorities and banking institutions and many other related details.

In addition, it is also important to optimize contractual, accounting and personnel work in the activities of a legal entity, taking into account the specifics of legal regulation in the Republic of Kazakhstan, which in most cases cannot be achieved without professional legal support from the company’s internal legal services or law firms specialized in these practices.

On May 21, 2009, the Chairman of the Government of the Russian Federation V.V. Putin paid a working visit to the Republic of Kazakhstan.

During the visit, the head of the Russian government discussed the progress of implementation of individual points of the Joint Action Plan of Kazakhstan and Russia for 2009-2010, issues in the field of the fuel and energy complex, including nuclear energy, improving the legal framework for the Baikonur complex, the use and protection of transboundary water bodies, as well as a number of problematic issues of bilateral cooperation.

Russian-Kazakh relations at the present stage cover a number of areas.

Political cooperation

Relations with the Russian Federation are considered by Kazakhstan as the main priority of foreign policy.

In recent years, great progress has been made in such important areas of cooperation as delimitation of the state border (the longest land border in the world - more than 7.5 thousand kilometers), deepening integration in bilateral and multilateral formats, and close cooperation on the most pressing issues on the international agenda.

Russia's support for Kazakhstan's foreign policy initiatives (CICA, Congress of Leaders of World and Traditional Religions) is of great importance for the development of allied relations between the two countries. Russia expressed its strong support for Kazakhstan's bid to chair the OSCE in 2010.

Kazakhstan also supports Russia's main foreign policy initiatives (CSTO, EurAsEC, SCO).

Trade and economic cooperation

Russia is Kazakhstan's largest trading partner, with bilateral trade turnover accounting for 18% of the total volume of Kazakhstan's foreign trade. 74 out of 88 regions of Russia have trade and economic relations with Kazakhstan. In 2008, trade turnover amounted to 19.9 billion US dollars, an increase of 22% compared to 2008.

Of particular importance in the development of Kazakh-Russian cooperation in the economic sphere are economic ties between the border regions of the two countries, where more than 3,100 joint ventures operate, including the following large ones: Kazroschrome, Koksohim, an automobile complex based on UralAZ and the Kostanay Diesel Plant.

The development of Kazakh-Russian cross-border cooperation is largely due to the attention paid to it by the heads of the two states. Evidence of this attention is the regularly held forums in the border regions of Kazakhstan and Russia.

A special place is occupied by the 5th Forum of Leaders of Border Regions, which took place on September 22, 2008. As is known, the heads of state decided to transform it into the Forum of Interregional Cooperation.

In addition, an Intergovernmental Commission has been created between Kazakhstan and Russia, within the framework of which issues of bilateral cooperation are resolved.

The next 12th meeting of the IGC took place on November 26, 2008 in Moscow (the 11th meeting was held on November 26, 2007 in Astana).

Kazakhstan and Russia are generally recognized “locomotives” of integration processes in the post-Soviet space. This role is largely determined by the level of their economic development, the depth and success of structural changes in the economy.

The key role is played by the political will of the leaders of both states to further develop these processes.

Kazakhstan and Russia, despite objective and subjective problems, confidently continue the difficult path to deepen regional integration. The leadership of both countries is aware that real integration is a complex and painful process that requires time, understanding of experience, accumulated mistakes and their reasonable overcoming. Success in this matter largely depends on the development of relations between those states that form the core of integration processes in the post-Soviet space, namely Kazakhstan and Russia.

It is the awareness of this fact that underlies the attempts of Kazakhstan and Russia to be the first to reach a new level of regional integration, taking into account the existing political and economic realities. Evidence of this is the beginning of the formation of the EurAsEC Customs Union, the decision to create which was made on October 6, 2007 at the summit in Dushanbe. For now, this Union will only include Russia, Kazakhstan and Belarus, as countries that currently have the economic weight necessary for this. However, the main argument in favor of the fact that this structure will be viable and effective is that the Customs Union will have a supranational body, which is a fundamental point. Some functions of national governments will be transferred to it.

The process of forming a customs union will require states to take a set of measures, starting with the formation of the necessary institutional framework, agreeing on a single customs tariff to unifying trade regimes in relation to third countries and creating a single customs territory so that the union begins to really function.

Work on the coordination and unification of a single customs tariff within the framework of the Customs Union of Russia, Kazakhstan and Belarus will be completed before April 1, 2009.

The consistent construction and operation of the customs union will serve as a platform for the evolution of the Union into a more developed form of economic integration - a single economic space where the principle of four freedoms will be ensured: goods, services, capital and labor.

Legal status of the Caspian Sea

Kazakhstan and Russia have resolved the issues of dividing the Caspian Sea shelf in a bilateral format. The passage of a modified median line was recorded, delimiting the bottom of the Caspian Sea between the two countries for the purpose of subsoil use, as well as the organization of joint activities to develop the Kurmangazy, Central structures and the Khvalynskoye field. In addition, at the Tehran Summit of the Heads of the Caspian States in October 2007, its participants signed a Declaration and reached agreements, which, according to the head of Kazakhstan, “are a breakthrough in the negotiation process to determine the status of the Caspian Sea.”

Also during the Tehran summit, the President of Kazakhstan put forward a proposal to delimitate the Caspian Sea, which, according to experts, could become the basis for reaching consensus, a good starting point for bringing the positions of all five contracting parties to a common denominator.

At this stage of the negotiation process, the Kazakh side advocates continuing the dialogue in various formats to develop mutually acceptable formulations on the conceptual provisions of the legal status that define the main directions of interaction between states at sea, which should meet the declared desire of the parties for the Caspian Sea to become a sea of ​​friendship, good neighborliness and cooperation .

These political agreements are of great importance for the further development of the Kazakh-Russian strategic partnership.

Interaction in the military and military-technical sphere

Cooperation between Kazakhstan and Russia in the military-technical sphere is developing steadily.

The basis for cooperation between the two countries in the military and military-technical sphere is the Agreement between the Republic of Kazakhstan and the Russian Federation on military cooperation dated March 28, 1994 and the Agreement between the Government of the Republic of Kazakhstan and the Government of the Russian Federation on military-technical cooperation dated March 28, 1994.

Kazakh military personnel are trained in Russia on preferential terms. The Kazakh side takes care of the maintenance of students and cadets, and the Russian side pays for their training at its own expense.

Mutual financial issues and conditions for the use of test sites have been settled. In this regard, appropriate changes have been made to a number of interstate and intergovernmental bilateral agreements.

Work is underway to prepare for signing a draft Intergovernmental Agreement on the implementation of joint work programs in the field of military-technical cooperation in the interests of the armed forces of the Republic of Kazakhstan and the Russian Federation, as well as to prepare an Intergovernmental Program for the supply of military products in the interests of the armed forces of the Republic of Kazakhstan and the Russian Federation on 2008-2012.

Energy

In the energy sector, Kazakhstan and Russia cooperate on the issues of transporting Kazakhstani hydrocarbon raw materials to world markets using Russian main pipelines, and jointly modernize oil and gas production facilities.

Kazakhstan and Russia are the main shareholders of the Caspian Pipeline Consortium. Already today, Kazakhstan is the third (after Russia and Norway) largest oil exporter to the European Union market from among countries that are not members of OPEC.

In connection with the increase in production and sales of Kazakh gas, cooperation on gas processing in Russia and the use of Russian transport infrastructure for its export has intensified. A notable achievement in this area was the agreement between the Kazakh and Russian sides on the processing of gas from the Karachaganak field in Russia. In this regard, on October 3, 2006, an intergovernmental Agreement on cooperation in the creation of a business company on the basis of the Orenburg Oil Refinery was signed in Uralsk.

One of the important elements of the energy partnership between the two countries is the transit of Turkmen (as well as Uzbek) natural gas to Russia and further to European markets.

In December 2007, an Agreement was signed between the Governments of Kazakhstan, Russia and Turkmenistan on cooperation in the construction of the Caspian gas pipeline for the transportation of Turkmen and Kazakh natural gas through the territories of the Republic of Kazakhstan, the Russian Federation and Turkmenistan.

In 2006, three joint Kazakh-Russian enterprises were created in the field of peaceful use of nuclear energy, which are engaged in uranium mining in Kazakhstan and the development of a new type of small and medium power nuclear reactor. Taking into account the scientific and production potential of Russia and Kazakhstan in the nuclear energy sector, under the control of the IAEA, an International Center for the provision of nuclear fuel cycle services, including uranium enrichment, has been created in Russia and is open to the participation of other countries. Kazakhstan became the first state to join this Russian initiative.

It is planned to create and operate a nuclear power plant on the territory of Kazakhstan (Aktau), which could become one of the points of technological breakthrough in mechanical engineering.

Promising areas of interaction

Kazakhstan and Russia are consistently developing cooperation in the field of high technologies.

First of all, this concerns cooperation in the space sector. There are all conditions for this, the main one of which is the joint use of the Baikonur cosmodrome. As V. Putin noted during his visit to Kazakhstan in May 2007: “In order not to lose Baikonur, it, of course, must be used jointly. This is obvious to any specialist.”

Systematic work is underway to create a modern rocket and space complex "Baiterek" and to include Kazakh test cosmonauts in the space crews of the International Space Station.

In May 2008, intergovernmental agreements were signed on joint work on the Global Satellite Navigation System (GLONASS) project and in the field of space exploration for peaceful purposes.

It is expected that this will give a powerful impetus to the development of new high-tech industries in Kazakhstan and will allow both countries to more fully realize their scientific, technical and intellectual potential.

Innovative cooperation, including nano- and biotechnologies, the creation of artificial intelligence, as well as the introduction of digital broadcasting, is of particular importance.

In order to qualitatively change the content of Kazakh-Russian cooperation, a working group on innovative development has been created under the leadership of the Presidents of the Republic of Kazakhstan and the Russian Federation. In its format, meetings have already been held in a short time and the main directions of activity and the main areas of application of innovative cooperation have been identified. The issue of creating a joint Kazakh-Russian venture fund between the joint stock company “National Welfare Fund “Samruk-Kazyna”, the company “Rosnanotech” and the Russian Venture Company is also being considered.

Kazakhstan and Russia have a sufficient scientific base that allows them to develop high-tech industries based on domestic developments in a number of areas. Joint high-tech projects in the chemical industry, including the production of mineral fertilizers, as well as projects in agriculture deserve special attention.

Cultural and humanitarian cooperation

Traditional cultural and humanitarian ties are being further developed. In October 2007, the Intergovernmental Program for Cooperation in the Humanitarian Sphere for 2007-2010 was signed, aimed at implementing specific activities in the fields of education, humanities, culture, media, tourism and sports, healthcare, youth organizations, etc.

Conditions have been created to ensure equality of rights for citizens of the two states, the development of the culture of peoples, obtaining education, as well as the preservation and development of national identity, the realization of their spiritual and religious needs and education in their native language.

The material was prepared based on information from RIA Novosti

Today, 6 thousand Russian companies and enterprises operate in Kazakhstan in all sectors of the economy.

In October 2015, Vladimir Putin, while on an official visit to Astana, noted that Russian investments in the Kazakh economy had reached $9 billion over ten years. At the same time, annual Russian investments range from 1.5 to 2 billion dollars. Russian capitalists consider priority sectors for investment

• fuel and energy complex,
• non-ferrous metallurgy,
• uranium mining,
• telecommunications,
• mobile communications
• banking sector.

Uninvited guests in a single union

The expansion of Russian capital in Kazakhstan is quite large. However, according to many experts,

Russia's economic presence in Kazakhstan is actually much greater than the formal volume of foreign direct investment

As Russian analyst Kirill Sokov notes, large Russian companies often prefer to finance their foreign projects through offshore companies; their investments legally become foreign.

At the same time, Kazakh observers note strong unevenness in mutual investments between Russia and Kazakhstan. Thus, political scientist Dosym Satpayev believes that

it is almost impossible for Kazakh businesses to penetrate the Russian market

— Today we see how foreign businesses, including Russian ones, are easily conquering more and more niches in Kazakhstan. We cannot offer anything to the Russian market. This state of affairs is the result of the economic policy that Kazakhstan has been pursuing for 25 years.

Passionate about mining,

We didn’t think at all about developing our own production, and now we’re surprised why foreign entrepreneurs feel at ease in our open spaces!

Even in those industries in which we could compete with the Russians, we will not be allowed to do this. Despite assurances of a single union, Russia, as if following the proverb about uninvited guests, simply does not allow our products to enter its market. This is evidenced by the endless “trade conflicts” and all sorts of barriers that our neighbors throw at us. By the way, many other countries - the USA, China, India and others - also protect their market from competitors.

Lukoil rules the roost here

Now the facts: who exactly works in the Kazakh market?

Today, more than 10.5 thousand Russian enterprises are registered on the Kazakhstan market (this is a third of the 33 thousand foreign companies in general), but about 6 thousand of them are actively operating. It goes without saying that for two decades the priority of Russian investment has been the mining industry. More precisely, oil and gas production. Only recently has Russian business begun to explore other areas - mechanical engineering, transport, telecommunications, and nuclear industry. Russian banks appeared.

The largest Russian enterprises operating in the Republic of Kazakhstan:

• VTB Bank,
• VimpelCom,
• Vnesheconombank,
• Inter RAO UES,
• Rusal,
• Rosatom,
• Mechel,
• Severstal,
• KamAZ,
• AvtoVAZ

And yet, companies in the oil and gas sector “rule the show” in Kazakhstan:

• Gazprom,

As the portal “Rhythm of Eurasia” notes, the Russian investor Lukoil has been working in Kazakhstan since 1995, participating in several mining projects and the Caspian Pipeline Consortium. With the participation of Lukoil, the Tengiz and Korolevskoye fields are being developed in the Atyrau region (Tengizchevroil LLP, 5% shares), Karachaganak in the West Kazakhstan region (Karachaganak Petroleum Operating B.V., 13, 5%) and Kumkol in the Kyzylorda region (Turgai Petroleum JSC, 50%).

Together with the Kazakh gas monopolist KazMunayGas, Lukoil is participating in projects for the development of two offshore fields in the northern part of the Caspian Sea

– Khvalynsky (“Caspian Oil and Gas Company”, 50%) and Central (“TsentrKaspneftegaz”, 25%) oil and gas condensate fields, as well as the Tyub-Karagan and Atashskaya oil and gas fields - “Dostyk”.

Laying the first stone in the foundation of a plant for mixing oils of the Lukoil company in the Almaty region

We pump gas, coal and uranium

As for the work of Rosneft and Gazprom in Kazakhstan, everything is much simpler here. Rosneft and KMG are jointly developing the Kurmangazy field in the Caspian Sea, with the Russian side owning 25%. Gazprom also cooperates with KMG - Kazakh gas is supplied for processing to the Orenburg Gas Processing Plant. In 2001, notes the portal “Rhythm of Eurasia”,

Gazprom and KazMunaGas created the joint company KazRosGas, the main resource base of which was one of the world's largest oil and gas condensate fields.

Its reserves are estimated at 1.2 billion tons of oil and 1.3 trillion cubic meters of gas.

Finally, Rusal mines hard coal at the Bogatyr and Severny open-pit mines in the Pavlodar region. On the Kazakh side, the shareholder of Bogatyr Komir LLP is the Samruk-Energo group of companies. Coal from Pavlodar is supplied to thermal power plants in Kazakhstan and Russia, and the owner (50%) of Ekibastuz GRES-2 (which runs on this coal) is Inter RAO UES. This station supplies energy to many Russian enterprises, including Baikonur.

Russia is also involved in the extraction of Kazakh uranium - Rosatom is developing the Zarechnoye and Budenovskoye deposits in South Kazakhstan. It is characteristic that Rosatom participates in both projects through the former Canadian company Uranium One, which it purchased in January 2013. Besides,

Moscow and Astana have been discussing the project of creating a nuclear power plant in Kazakhstan for many years, but so far without success

Rosneft is participating in the project to develop the Kurmangazy structure. Photo: info.drom.ru

I met VAZ...

In addition to the mining sector, projects in the manufacturing industry of Kazakhstan should also be noted. One of such projects is the Asia Auto Kazakhstan car assembly plant in East Kazakhstan region. AvtoVAZ is participating on the Russian side, and Bipek Auto Kazakhstan LLP is participating on the Kazakh side.

The automobile plant will produce up to 120 thousand cars per year. They are planned to be sold in Kazakhstan, the countries of Central Asia, Mongolia, and Transcaucasia.

In December 2012, the Kazakhstan Temir Zholy company, the engineering company Alstom (France) and Transmashholding (Russia) opened a plant in Astana for the production of electric locomotives worth more than 50 million euros. Here Transmashholding owns 25%. The design capacity of the enterprise is 100 locomotive sections (50 two-section electric locomotives) per year. In the same year, Transmashholding acquired 50% of the locomotive assembly plant located in Astana. Its capacity is 150 locomotives per year. 70-80 of them are planned to be supplied to Kazakhstan, 20-25 to the Russian Federation, and the rest to other CIS countries.

Zavtod "Asia Auto Kazakhstan"

To avoid terminological confusion, let us clarify that the word “private” in this case means a non-state, and not a non-public company, as, for example, in the USA.

As expected, the companies with the largest revenues were in the oil and mining and metallurgical complex. True, the first overall lags behind the second - the largest oil and gas companies, such as Tengizchevroil, Karachaganak Petroleum, KMG EP, North Caspian Operating Company, are controlled either by foreign investors or the state. For the same reason, there are no companies of the Eurasian group in our ranking - the state now owns them 40% , and of the other three shareholders, only (No. 4 and No. 6) are citizens of Kazakhstan.

What was unexpected was that retail companies occupied a significant place at the top of the ranking. Thus, in the top 10, in addition to mining and oil trading companies, there were three retail chains - Sulpak, Technodom and Magnum.

The presence of BIPEK AVTO in the top 10 cannot be called trivial either, since the ranking was compiled based on the results of 2015, when sales and assembly of cars in Kazakhstan went into a deep peak: first due to the shift in demand to the devalued Russian market, and then due to devaluation of the domestic currency.

Overall, of course, 2015 was not the best year for the economy of Kazakhstan. But, on the other hand, it was during this period that a kind of “moment of truth” occurred, when the government, including the monetary one, realized that the time of easy money generated by oil rent was over.

As for the top 50 overall, it was somewhat of a revelation that quite a few of the largest companies started out in regional centers and are still based there, with branches in other regions of Kazakhstan and both capitals. These are such participants as Eikos LLP (Semey, wholesale and retail trade in tires), Anvar LLP (Aktobe, retail trade network), etc.

The list of those private companies that paid the largest amount of taxes at the end of 2015, that is, shared their profits with society as much as possible, is also interesting. However, the year, as already mentioned, turned out to be difficult and most of the list participants received losses as a result of it, which, accordingly, affected the volume of taxes.

Finally, some companies refused to cooperate with the research group in preparing the rating and to provide financial information. We simply excluded those that, in our opinion, are not of particular interest from the list; we calculated the indicators of others ourselves using a proven methodology.

Actually, this happens with every new Forbes Kazakhstan study - participants greet it with caution. But after publication, it turns out that getting a company or individual on the Forbes Kazakhstan list is always super-effective PR.

Methodology

The ranking includes companies operating in Kazakhstan, in the capital of which citizens of the Republic of Kazakhstan own at least 50% share. Accordingly, the share of the state or foreign co-owners should not exceed 50% .

Companies are ranked by revenue received in 2015. The list does not include financial organizations (banks, insurance, leasing, investment, etc.) due to significant differences from trading and industrial companies in business and accounting. In addition, companies whose activity is asset management were not taken into account, but the enterprises they manage were taken into account.

Data on company revenues were obtained from open sources - the stock exchange and the depository of financial statements, and also provided by the participants themselves. In the absence of data, Forbes Kazakhstan calculated estimated revenue based on data from the State Revenue Committee on taxes paid by the company for 2015, which is not a tax secret, and industry average tax burden ratios.

Ranking information about estimated revenue, ranking of companies on the list, type of activity, etc. represent a value judgment by Forbes Kazakhstan, that is, they are not exhaustive and cannot be used as an official document.

Note. The use of rating data by other media is allowed only under the condition of rewriting and two active links - to the site and the rating itself. Copy-paste (verbatim reprint) is prohibited.

Top 50 private companies in Kazakhstan

1. Kazakhmys Corporation LLP

Revenue: 366 billion tenge Industry: MMC First leader: Eduard Ogai Number of staff: about 36,500 people Net loss: 128.5 billion tenge

In October 2014, the Kazakhmys group was divided into the private Kazakhmys Corporation LLP and the public KAZ Minerals Plc, while control in both companies still belongs to Vladimir Kim (No. 5 in the ranking of the 50 richest businessmen and No. 3 in the ranking of the 50 most influential businessmen Forbes Kazakhstan for 2016). After the reorganization, Kazakhmys Corporation LLP included the group’s assets in the Karaganda region and the Shatyrkul mine in the Zhambyl region.

Over the nine months of 2016, the company produced 163.8 thousand tons of copper cathode equivalent, which is 2% more than the same period in 2015. In total, last year it was planned to produce 224.4 thousand tons of copper. In 2015, Kazakhmys Corporation LLP produced 223 thousand tons of copper in cathode equivalent, 3040 kg of gold bullion and 274 tons of refined silver. The main export destinations are China and Europe.

In general, the copper industry is going through difficult times today. Copper prices have been falling for five years. Thus, the average price of copper on the LME in 2015 decreased by 20%, to $5,495 per ton from $6,862 in 2014. In the first half of 2016, it amounted to $4,701 per ton; in November-December it rose to $5,500. Let us recall that in 2011 the average annual price of copper was $8,800 per ton.

In April 2016, Kazakhmys Corporation LLP changed its chairman of the board - Eduard Ogai resigned from this position, while remaining chairman of the company’s board of directors, and his place was taken by Bakhtiyar Krykpyshev, who had previously worked as general director.

The owners of Kazakhmys Corporation LLP are Vladimir Kim and Eduard Ogai (through East Copper Holdings Private Limited, registered in Singapore).

2. Er Sai Caspian Contractor LLP

Revenue: 287.8 billion tenge Industry: oil service First leader: Alessandro Castagna Number of staff: no data Net profit: no data

Er Sai Caspian Contractor LLP is a joint Kazakh-Italian enterprise, the founders of which are ERC Holding LLP and Saipem International B.V. (ENI Group Company), with an authorized capital of 1.1 billion tenge.
In February 2015, the company won a two-year contract worth $1.8 billion to build two pipelines, each 95 km long, connecting D Island in the Caspian Kashagan field and the Karabatan plant onshore. She had already carried out similar work before the first launch of Kashagan in 2013, but then the pipes burst, unable to withstand the pressure. This time everything ended well. Test production at the field began at the end of September 2016, and today oil is already being exported.

In April 2015, the first Kazakhstani jack-up floating drilling rig (jack-up drilling rig) “Satti” was launched. The installation is intended for drilling operations in the Kazakh sector of the Caspian Sea. Its width is 72 m, height is 64 m, it is capable of drilling wells up to 6000 m deep. The jack-up rig was built by Er Sai Caspian Contractor LLP and Caspian Offshore & Marine Construction LLP.

The main shareholder of the company on the Kazakh side is Lancaster Holding, the main beneficiaries of which are businessmen Berik Kaniev (No. 36 in the ranking of the rich and No. 28 in the ranking of influential Forbes Kazakhstan) and Yuri Pak (No. 37 and No. 39, respectively).

3. KAZ Minerals Plc

Revenue: 147.5 billion tenge Industry: MMC First leader: Oleg Novachuk Number of staff: about 12,000 people Net loss: 395.8 billion tenge

Following the reorganization of Kazakhmys Plc in October 2014, KAZ Minerals Plc included the group's mature assets in the East Kazakhstan region, the Bozshakol (Pavlodar region) and Aktogay (EKR) growth projects, as well as the Koksay mine in the Kyrgyz Republic.

In December 2015, the company began producing copper cathode from oxide ore at Aktogay. Production of copper concentrate from sulfide ore will start in the first half of 2017. The annual processing capacity of sulfide ore will be 25 million tons. The life of the mine is more than 50 years, the copper content in the ore is 0.33 % (sulfide ore) and 0.37 % (oxidized ore).

In February 2016, KAZ Minerals Plc commissioned the Bozshakol Mining and Processing Plant. Its full design capacity will be 30 million tons of ore per year. The life of the mine is more than 40 years, the copper content in the ore is 0.36 %.

Over the nine months of 2016, the company produced 44.5 thousand tons of copper cathode equivalent. In total, the group planned to produce 135-145 thousand tons of copper cathode equivalent in 2016 (81.1 thousand tons in 2015).

In December 2016, KAZ Minerals Plc entered into an agreement to open a credit line with the Development Bank of Kazakhstan for $300 million at a rate of LIBOR + 4.5 % for the completion of the Aktogay project. Based on the results of 2015, the company's net debt increased to $2,253 million from $962 million in 2014.

KAZ Minerals Plc shares are listed on the London, Kazakhstan and Hong Kong stock exchanges. Vladimir Kim, Oleg Novachuk (No. 40 in the ranking of the rich and No. 20 in the ranking of influential Forbes Kazakhstan), Vladislav Kim (No. 50 in the ranking of the rich) and Majedie Asset Management Limited are shareholders of the company with shareholdings of more than 5 %.

4. Arena S LLP (“Arena S”)

Revenue: 118.7 billion tenge Industry: retail First leader: Dmitry Provkin Number of staff: no data Net profit: no data

The Sulpak retail chain (Arena S LLP) opened its 84th household appliances and electronics store in Bishkek (Kyrgyz Republic) in March 2016. The company is also represented in 29 cities of Kazakhstan.

Since November 2016, Sulpak began selling household appliances and electronics in the Kaspi.kz store. The company expects this move to increase online sales by 30%.

Since 2014, the company has been cooperating with the largest purchasing hub in Europe, Euronics International. This allows you to purchase products at competitive prices directly from manufacturers.

The brand is an honorary partner of the Almaty Marathon.

The company was founded in 1992 by businessmen Almas Sultangazin (No. 42 in the Forbes Kazakhstan ranking of influential businessmen) and Andrey Pak.

5. JSC "Technodom Operator"

Revenue: 110.5 billion tenge Industry: retail First leader: Renat Ismailov Number of staff: 4305 people Net profit: 2.7 billion tenge

"Technodom" is a chain of electrical and computer equipment stores that has been operating in Kazakhstan since 2002. JSC Technodom Operator, owned by Eduard Kim (No. 29 in the ranking of the rich and No. 38 in the ranking of influential Forbes Kazakhstan), grew from one Pomodor store in Almaty and continues to expand.

In July 2013, MFO Technodom LLP was founded to provide microloans in the Technodom chain stores in Almaty and Astana. But in 2014, according to the decision of the shareholder, the company sold 100% of the participation in the subsidiary Microfinance Organization Technodom LLP to a third party - Microcredit Organization DE-FINANCE LLP - for 180 million tenge.

In October 2015, the company acquired a 95% stake in the subsidiary Tekhnodom Operator LLC in Kyrgyzstan for 654 thousand tenge, where two stores were opened. Today, the Technodom retail chain consists of 64 stores in Kazakhstan and other countries.

In 2015, the company’s revenue decreased by 4.5 %, to 110.5 billion tenge from 115.6 billion tenge in 2014. Net profit decreased by 23.9 %. If in 2015 the company earned 2.7 billion tenge, then a year earlier the profit amounted to 3.5 billion tenge. A noticeable drop in net profit against the backdrop of a more moderate decline in revenue was largely due to an increase in the costs of selling and servicing obligations of a number of Kazakh banks.

In October 2016, the company entered into a cooperation agreement with the directorate for the preparation of the XXVIII World Winter Universiade 2017, under which it will provide more than 500 units of machinery and equipment for the work of the organizing committee. Subsequently, all equipment will be donated free of charge to children's and youth sports schools in Almaty.

6. Group of companies "BIPEK AVTO - Asia Auto"

Revenue: 108 billion tenge Industry: mechanical engineering, auto retail First leader: Vladimir Popov Number of staff: no data Net profit: no data

"BIPEK AUTO - Asia Auto" and in the failed car market (sales volume for January - September 2016 - $569 million, 58.7 % less than for the same period in 2015) retains the status of the largest dealer group in Kazakhstan: based on the results of nine months, it accounts for 33.3 % of all buyers of new passenger cars (including LCVs). The share of the Asia Auto plant in sales of passenger cars produced in Kazakhstan, according to SPAOC KazAvtoProm, amounted to 53.1 %. According to Oleg Alferov, Chairman of the Board of KazAvtoProm, the recession that began in the second half of 2014 is ending: “This year, sales have reached a market “plateau”, from which auto retail can push off and begin to move upward. Every quarter, Kazakhstanis purchase about 10 thousand new passenger cars. This is a stable figure that we have seen since the beginning of the year. At the same time, an increasing number of buyers prefer locally assembled cars. If in the first quarter their share did not reach 20%, then by July-August 30-32% of the car market was accounted for by models produced within the country.” In 2015, the plant's revenue amounted to 36 billion tenge, net loss - 21.3 billion tenge.

“BIPEK AVTO” was created in 1992 in Ust-Kamenogorsk by 20-year-old Anatoly Balushkin (now No. 38 in the ranking of the rich and No. 29 in the ranking of influential Forbes Kazakhstan) and his friends. The company bought cars from AvtoVAZ and resold them in Kazakhstan. In 2003, it opened its own assembly production, building the Asia Auto plant. “We clearly saw a large flow of money that was circulating in the car market. And if they hadn’t taken steps towards quality development then, they would have remained just car sellers,” Balushkin said in an interview with our magazine. Now the plant assembles Chevrolet, KIA, Skoda and Lada cars. In June 2016, serial production of the Lada Granta and Lada Kalina models was launched.

In December, the President of the Russian AvtoVAZ, Nicolas More, announced the launch, together with a Kazakh partner, of the production of four Lada models - Vesta, XRay, Largus and Granta Liftback. Thus, the entire product line of AvtoVAZ will be assembled in Ust-Kamenogorsk. Since November 2013, construction has been underway of a full-cycle automobile plant “Asia Auto Kazakhstan” - a joint venture between AvtoVAZ and “Asia Auto”, with a capacity of 120 thousand cars per year in welding and painting mode, as well as a technology park for the production of auto components in East Kazakhstan. The total volume of required investments is $1.47 billion. The key markets for products will be Kazakhstan, the Siberian and Ural regions of Russia, the countries of Central Asia and Mongolia.

The group's dealer network is represented in 26 cities of Kazakhstan and 12 cities of Russia. The controlling shareholder of the company is Anatoly Balushkin.

7. Helios LLP

Revenue: 105.9 billion tenge Industry: sales petroleum products First leader: Damir Abdullaev Number of staff: no data Net profit: no data

In June 2016, it became known that Helios LLP was fined more than 94 million tenge following an investigation by the Ministry of Economy Committee for the Regulation of Natural Monopolies and Protection of Competition related to an increase in selling prices for fuel and lubricants, which was carried out in September 2015.

The company was founded in 1999 and is engaged in the retail sale of fuels and lubricants in Kazakhstan. The Helios gas station network has 270 gas stations in 67 locations across the country. "Helios" sells petroleum products from the Pavlodar Petrochemical Plant (PPC) and leading Russian producers.

Helios LLP has its own oil depots in 12 cities of Kazakhstan. The total volume of tanks at each oil depot ranges from 7,000 to 18,500 tons. The company also has five laboratories for quality control of petroleum products. The fleet of fuel trucks for transportation of fuel and lubricants consists of 206 vehicles. In addition, the network includes 255 mini-marts, of which 69 are located in Almaty and the Almaty region, 186 in other regions.

Since 2014, the company has been selling branded fuel Prime 95, and since October 2016 - Prime 98 jet fuel, with additives from the German concern BASF, which is a world leader in the production of fuel additives.
The only founder of the company is Rashit Sarsenov (No. 9 in the ranking of the rich and No. 8 in the ranking of influential Forbes Kazakhstan).

8. Magnum Cash&Carry LLP

Revenue: 92.9 billion tenge Industry: retail First leader: Alexander Garber Number of staff: 4760 people Net profit: 11.4 billion tenge

Magnum Cash&Carry LLP is the largest trade and retail network in Kazakhstan, was founded in 2007. Starting with one shopping center in Almaty with an area of ​​more than 7 thousand square meters. m, in nine years it has grown to 19 shopping centers in five cities of the country with a total area of ​​more than 100 thousand square meters. m. In December 2016, the company opened two more shopping centers - in Almaty and Astana.

In April 2016, Magnum Cash&Carry placed on the Kazakhstan Stock Exchange bonds indexed to the US dollar for 33 billion tenge at 4 % per annum for a period of 10 years.

According to the company, its share in the civilized retail market of Almaty is about 50 %. The daily flow of customers in the chain's stores averages more than 61 thousand.

The founders of Magnum Cash&Carry LLP are Alexander Garber - 41 % (No. 49 in the ranking of the rich and No. 48 in the ranking of influential Forbes Kazakhstan), Elina Pugach - 20 %, SDB Group LLP, the sole founder of which is Kenes Rakishev, - 30 % (No. 7 and No. 5 of the above-mentioned ratings, respectively), as well as Roman Tikhomirov - 5 % and Andrey Yust - 4 %.

9. Burgylau LLP

Revenue: 84.7 billion tenge Industry: oil service First leader: Dyusenbai Taushanov Number of staff: over 2000 people Net profit: no data

Burgylau LLP is an oil service company engaged in drilling and servicing wells. In 2008, the enterprise, which was the drilling division of the state-owned Ozenmunaigas, was privatized.

Until the spring of 2012, the controlling shareholder of the company was Kenes Rakishev, through KazPetroDrilling JSC. Then the controlling stake in the joint-stock company was sold to Yakov Tskhai (No. 39 in the ranking of the rich and No. 49 in the ranking of influential Forbes Kazakhstan), the transaction amount was 29.5 billion tenge (about $200 million). Even before mid-2016, the only founder of the company was the KazMunayGas-Burenie Service Drilling Enterprise LLP, which, in turn, belongs to KazPetroDrilling JSC. Now Burgylau LLP belongs to Dostar Oil Service LLP and VT STANDARD LLP.

As before, the main source of income for Burgylau LLP is the performance of drilling and service work for Ozenmunaigas JSC (a subsidiary of KazMunayGas Exploration Production JSC).

Now, due to the general decline in the oilfield services market, the company is experiencing a reduction in the volume of drilling work. Thus, in 2014, Burgylau drilled 233 wells, in 2015 - 220, and in 10 months of 2016 - 166.

In October last year, the company’s workers went on strike, as a result of which the akim of the Mangistau region, Alik Aidarbaev, promised the company an additional amount of work in the form of drilling another 34 wells worth about 6 billion tenge by the end of 2016.

10. LLP “Company “Zhol Zhondeushi”

Revenue: 81.3 billion tenge Industry: construction First leader: Khuram Muradov Number of staff: no data Net profit: no data

“Company “Zhol Zhondeushi” LLP is the largest enterprise in the Republic of Kazakhstan, carrying out reconstruction and all types of repairs of the superstructure of main, industrial and access railways, as well as the first builder of new railway lines in the history of independent Kazakhstan.

The origins of the company go back to 1998, when the RSE “Kazakhstan Temir Zholy” created a subsidiary state enterprise “Remput”. In 2001, Remput OJSC was transformed into Zhol Zhondeushi OJSC, and already in 2005 into Zhol Zhondeushi Company LLP.

The company is currently constructing second tracks on the Almaty-I - Shu section, which will increase capacity by 3.2 times and increase freight train traffic to 68 pairs per day. The travel time of freight trains will be reduced by more than 2 times.

The sole founder of the company is PRIME System KZ LLP, in which the founders, in turn, are Orifdzhan Shadiev (No. 43 in the ranking of the rich and No. 32 in the ranking of influential Forbes Kazakhstan) and Sadyr Makhmutov.

11. LLP “Construction Company “Bazis”

Revenue: 78.5 billion tenge Industry: construction First leader: Zhenis Nugymanov Number of staff: over 5000 people Net profit: no data

On December 16, 2016, IC "Basis" completed the construction of the Independence Monument in Astana, during which about 1,500 sq. m of Carrara marble, mined in the Apuan Alps. Three days earlier, the opening of the Astana Ballet theater, built by the company, took place with the participation of the president of the country.

SK "Basis" is a construction division of the "Bazis-A" group of companies. The company was founded by Alexander Belovich (now No. 17 in the ranking of the rich and No. 18 in the ranking of influential Forbes Kazakhstan) in the summer of 1991.

At the moment it is the largest construction company in the country. Its owners are Alexander Belovich (through Basis Development LLP) and his son Pavel Belovich.

12. Prima Distribution LLP

Revenue: 74.9 billion tenge Industry: trade First leader: Arseniy Naboko Number of staff: over 4000 people Net profit: no data

Prima Distribution LLP is one of the leading companies in Kazakhstan in the field of distribution of consumer goods. It is represented by branches in 35 cities of the country and includes more than 35 thousand retail outlets.
The company owns a modern logistics center and vehicle fleet. Prima Distribution uses Class A warehouses that meet international standards. To optimize commodity flows and consolidate goods, the company created a hub in Vilnius (Lithuania).

In August 2016, the company was awarded the title “Importer of the Year” based on the results of constructing national ratings of enterprises of the Republic of Kazakhstan in the field of foreign economic activity, Import Export Awards.
The founders of Prima Distribution LLP are Alexander Garber, Roman Tikhomirov and Elina Pugach.

13. LLP “Kazakh motor company “Astana Motors”

Revenue: 67.9 billion tenge Industry: mechanical engineering, auto retail First leader: Anton Afonin Number of staff: no data Net profit: no data

In November 2016, Astana Motors and Hyundai Motor Company signed a memorandum of cooperation to modernize small-class bus production technologies in Kazakhstan. We are talking about the assembly of the second generation Hyundai County model.

In September 2016, Astana Motors received a certificate as an official dealer of MAZ OJSC with the rights to sell and sell its vehicles in Almaty, as well as through the dealer network of the Minsk Automobile Plant. Already in October, the Astana Motors car assembly plant in the southern capital was supposed to receive the first vehicle kits and begin producing heavy-duty trucks with a carrying capacity of 15 to 25 tons. In 2017, it is planned to assemble a pilot batch of 100 trucks; subsequently, in 2018-2020, the production volume will be increased to 350 trucks annually.

The company represents 11 automobile brands in Kazakhstan, such as Hyundai, BMW, Mini, Rolls-Royce and others. It has 17 auto centers.

The sole founder of the company is Nurlan Smagulov (No. 12 in the Forbes Kazakhstan rich and influential ratings).

14. South Oil LLP

Revenue: 63.3 billion tenge Industry: oil and gas First leader: Serikzhan Seitzhanov Number of staff: no data Net loss: 21.8 billion tenge

South Oil LLP develops oil and gas fields in the Kyzylorda region and South Kazakhstan region. In 2015, the company ended the year with a loss, despite the fact that in 2014 it had a profit of 14.8 billion tenge. The losses arose mainly as a result of exchange rate revaluation of foreign currency loans and are, in the opinion of management, a one-time event.

South Oil LLP was created in 1999, and in 2001 won the tender for the development of the Kenlyk field in the Turgai basin of the Kyzylorda region. The first oil was produced in 2004. Now the company already has five licenses.

51% of South Oil LLP belongs to FNPK Ontustik, which is 100% owned by the Seitzhanov family (No. 23 in the ranking of the rich; Serikzhan Seitzhanov himself is No. 33 in the ranking of influential Forbes Kazakhstan).

15. JSC "Caspian Oil"

Revenue: 51.3 billion tenge Industry: oil and gas First leader: Bagytkali Imashev Number of staff: no data Net profit: 10.4 billion tenge

The company was founded in 1997 and is developing the Airankol oil field in the Atyrau region. In 2015, oil production amounted to 848.57 thousand tons, which is 36.6 thousand tons more than in 2014. Over the nine months of 2016, Caspian Oil JSC sold more than 90% of all Vitol Central Asia S.A. products.

The sole founder of the company is Precious Oil Products Investments B.V., registered in the Netherlands.

16. Consortium ISKER LLP

Revenue: 49.6 billion tenge Industry: oil service First leader: Maxim Gubashev Number of staff: over 2000 people Net profit: no data

The company is part of the Isker group, which operates primarily in the oil and gas sector and real estate. ISKER Consortium LLP was founded in 2005.

As part of the project for the future expansion of the Tengiz field, the company will build a new Orken rotational camp for 5,000 people in 2017-2018. Its area will be 55.86 hectares.

The founders of the LLP are Adilbek Ayashev and Tolegen Balgimbayev.

17. LLP "Dream Market"

Revenue: 49.3 billion tenge Industry: retail First leader: Erem Harutyunyan Number of staff: over 1500 people Net profit: no data

The company has been operating in Kazakhstan since 1992, initially it was called “Electronics”. Since 1999, the network has been named “Dream”. Today it has 28 stores with a total area of ​​more than 35 thousand square meters. m.

The founders of Dream Market LLP are Erem Harutyunyan, Yuri Gotzelig, Rima Usoltseva, Soyuz 12 Astana LLP, New Investments LLP.

18. APK-Invest Corporation LLP

Revenue: 46.9 billion tenge Industry: grain trading First leader: Nurzhan Kairbekov Number of staff: no data Net loss: 9.6 billion tenge

The main activity of the company is the acquisition, storage and sale of grain and other agricultural products. It has three subsidiaries - Azov Port Elevator LLP, Ventspils Grain Terminal JSC and MEZ-SKO LLP.

Azov Port Elevator LLP is located in Azov, Russian Federation. Its main activities are drying, storing and shipping grain and oil-containing grain crops. The company was acquired to sell Kazakh grain and grain products to Turkey, Iran and Russia.

JSC "Ventspils Grain Terminal" is located in Ventspils, Latvia. The terminal is engaged in the storage and transshipment of grain, barley and rapeseed. It was purchased to promote export sales in the Baltic Sea.
MEZ-SKO LLP is located in Astana. The company was created for the future construction of a plant for the production of vegetable oils.

In 2015, in the sales structure of APK-Invest, 65% came from Kazakhstan, 11.9% from Russia, 7.9% from Iran, 6.2% from Azerbaijan, and the rest from Georgia, Latvia, and China. , Kyrgyzstan and Tajikistan.

The founders of the company are Holding Alibi LLP and Nurlan Tleubaev (No. 22 in the ranking of the rich and No. 35 in the ranking of influential Forbes Kazakhstan). The latter, together with Zhangeldy Mukhakhanov, is also the founder of Alibi Holding LLP.

19. JSC "Almaty International Airport"

Revenue: 44.7 billion tenge Industry: transport and logistic First leader: Aybol Bekmukhambetov Number of staff: no data Net profit: 13.7 billion tenge

Almaty International Airport JSC ranks first in Kazakhstan in terms of domestic and international passenger and cargo air transportation. In 2015, the total number of passengers served was more than 5 million people, the amount of cargo processed was 52.1 thousand tons.

The sole shareholder of Almaty International Airport JSC is Venus Airport Investments B.V., registered in the Netherlands.

20. Kamkor Lokomotiv LLP

Revenue: 43.3 billion tenge Industry: mechanical engineering First leader: Zhanatbek Adambaev Number of staff: no data Net profit: no data

In 2014, as part of the privatization, Kamkor Lokomotiv LLP was purchased from the Samruk-Kazyna National Welfare Fund under the right of first refusal of MCM Consulting LLP, which at that time belonged to Yakov Tskhai. 5 billion tenge was paid for a 51% share. In August 2016, the company, together with the parent MCM Consulting LLP, Kamkor Management LLP and other sister companies were sold by Yakov Tskhai to a subsidiary of Kipros LLP, owned by Timur (No. 2 in the Forbes Kazakhstan rich and influential ratings) and Dinara Kulibayev ( No. 2 ranking of the rich).

The company is engaged in the repair and maintenance of locomotives and locomotive equipment, modernization of diesel and electric locomotives.

21. KIS/Orion LLP

Revenue: 42.5 billion tenge Industry: HR services First leader: Hill Alexander, James Daniel Number of staff: no data Net profit: no data

KIS/Orion LLP is a Kazakh company founded in November 2001. Responsible for hiring and providing human resources. Today, KIS/Orion LLP has an annual turnover of $70 million and 50 core staff who manage more than 800 local and foreign contractors from its head offices in Atyrau.

The founders of the company are Kairat and Aizhan Dzhumagulov.

22. RG Brands JSC

Revenue: 41.2 billion tenge Industry: food industry First leader: Dewael Hans Alexander Number of staff: 2000 people Net profit: 1.4 billion tenge

In 2015, the company was included in the list of participants in the state program “National Champions - Leaders of Competitiveness”. Geographically, it received its main income in Kazakhstan (84.1 %), Kyrgyzstan (7.9 %) and Russia (7.3 %).

RG Brands JSC has been operating since 1994 and today is the country's leading producer of juices, milk, packaged and bagged tea, water, carbonated and energy drinks, etc.

The main shareholders of the company are Kairat Mazhibaev (No. 46 in the ranking of the rich and No. 23 in the ranking of influential Forbes Kazakhstan) and Erkin Koshkinbaev.

23. JSC "Pavlodarenergo"

Revenue: 40.5 billion tenge Industry: electric power industry First leader: Oleg Perfilov Number of staff: 5134 people Net loss: 2.1 billion tenge

Pavlodarenergo JSC is a vertically integrated company in the electric power industry operating in the Pavlodar region and founded in 2000. In 2015, the company provided electricity and heat to 220 thousand and 165 thousand consumers, respectively.

The main shareholders are Central Asian Electric Power Corporation JSC - 57.37% (beneficiaries: Alexander Klebanov - No. 28 in the ranking of the rich and No. 16 in the ranking of influential Forbes Kazakhstan, Erkyn Amirkhanov - No. 32 in the ranking of the rich and Sergey Kan - No. 30 of the latter), EBRD - 24.16 %, Kaz Holdings Cooperatief U.A. - 11.22 %.

24. Anvar LLP

Revenue: 40 billion tenge Industry: retail First leader: Bakytzhan Kizaev Number of staff: no data Net profit: no data

"Anvar" is a retail chain founded in Aktobe in 1993. Now it is also represented in Astana, Atyrau, Aktau, Uralsk, Karaganda and Kyzylorda.

The founders of the company are Talgat Salfikov, Andrey Tekebaev, Abat Abuov, Muratbek Maimakov and Dariga Salfikova.

25. JSC “Airline “SCAT”

Revenue: 37.5 billion tenge Industry: air transportation First leader: Vladimir Denisov Number of staff: 1205 people Net profit: 103 million tenge

JSC “Airline “SCAT” was created in 1997. It began its work with just one AN-24 aircraft, while today the fleet consists of 18 aircraft manufactured by Boeing and Bombardier. In November 2015, the company was audited by IATA (International Air Transport Association) and was found to comply with the IOSA (IATA Operational Safety Audit) standard.

Founders - Vladimir Denisov and Vladimir Sytnik.

26. Kazakhdorstroy LLP

Revenue: 36.4 billion tenge Industry: construction First leader: Serik Tulebaev Number of staff: about 1500 people Net profit: no data

Kazakhdorstroy, part of the BI Group holding, is one of the largest companies engaged in the construction of highways of republican and local importance. The LLP was created in July 2005 on the basis of the republican state enterprise “Kazakhdorstroy” of the Committee for Highways and Infrastructure Construction of the Ministry of Transport and Communications.

The founders of the company are Soltanat Entybaeva, Nurbek Nurmanov, Alen Uzhirzhanov and Ayaz Baimuldinov.

27. JSC "Allur Group of Companies"

Revenue: 35.6 billion tenge Industry: mechanical engineering, auto retail First leader: Robert Lee Number of staff: no data Net profit: 20.4 billion tenge

Allur Group of Companies JSC is a shareholder of large automakers in Kazakhstan - Saryarka AvtoProm LLP and Agromashholding JSC, official distributors of the Ssang Yong, Peugeot, Iveco, JAC brands and official dealers of Suzuki, Mitsubishi, Geely and Ford.

The company's major participants are Yuri Tskhai, who owns 52.22 % of the share, and Andrey Lavrentyev (No. 36 in the ranking of influential Forbes Kazakhstan) - 22.38 %.

28. ASPMK-519 LLP

Revenue: 35 billion tenge Industry: construction industry First leader: Victor Sychev Number of staff: 3350 people Net profit: no data

ASPMK-519 unites a number of industrial and service enterprises operating in the electric power industry. It has branches in Russia, Kyrgyzstan, Tajikistan and Turkmenistan. In 2015, the company paid taxes and other payments to the state budget of 2.7 billion tenge, which is 2 million tenge less than in 2014.

The founders of ASPMK-519 are Pavel Nemytov, Victor Sychev, Victor Kim, Valentina Komarova and Zhanna Saylibekova.

29. JSC "Trest Sredazenergomontazh"

Revenue: 34.1 billion tenge Industry: construction First leader: Erlan Nurtazin Number of staff: no data Net loss: 30.8 million tenge

Trest Sredazenergomontazh JSC is a management company, which includes Tsentrkazenergomontazh JSC, SAEM-Petropavlovsk LLP, SAEM-Pavlodar LLP and SAEM ZMK LLP. The group's enterprises carry out general construction work, installation and repair of thermal power equipment at energy facilities, technological equipment of industrial enterprises and pipelines of all types and categories.

The main founder of the company is Sergey Em, with a share of 89.13 % through StroyKomplekt-PV LLP.

30. Neftestroyservice LTD LLP

Revenue: 31.7 billion tenge Industry: oil service First leader: Beket Ospanov Number of staff: more than 4000 people Net profit: no data

Neftestroyservice LTD LLP is part of the NSS group and is one of the leading domestic companies operating in the construction industry in the Tengiz oil field.

Today, the NSS group is a direct contractor for the companies Tengizchevroil, Parker Drilling, Senimdi Kurylys, Bechtel-Enka JV, Arctic Construction, Parsons Energy and Fluor Daniel, Agip KCO and others. carrying out design and construction, production and supply orders for them.

The founder of Neftestroyservice LTD LLP is Ibrahim Akdrashev.

31. JSC "K-Dorstroy"

Revenue: 28.8 billion tenge Industry: construction First leader: Valery Lazarev Number of staff: no data Net profit: 30.1 million tenge

JSC K-Dorstroy is engaged in the construction and reconstruction of highways, bridges, airfields and other structures. The company, in particular, reconstructed the international airport and Aktobe airport, airfields at the airports of Shymkent, Kyzylorda and Kokshetau. In addition, it reconstructed sections of the Astana - Petropavlovsk - Russian border highways, including the Kokshetau and Petropavlovsk bypasses, the South Kazakhstan border - Taraz, and the international transit corridor Western Europe - Western China.

The main founder of the company with a share of 77.9 % of shares is Zeinolla Kakimzhanov through AS LLP.

32. JSC "Almatyinzhstroy"

Revenue: 27.7 billion tenge Industry: construction First leader: Askhat Chilikbaev Number of staff: no data Net profit: 147.8 million tenge

JSC "Almatyinzhstroy" was founded in 1995 and is engaged in the construction and reconstruction of roads, streets, traffic intersections, highway networks, housing construction and the production of road construction materials.

The founders of the company are Bronislav Shin with a share of 69.01 % and Alexander Myasoed - 4.24 %.

33. Common Market Corporation LLP

Revenue: 27.3 billion tenge Industry: trade First leader: Kairat Makhmetov Number of staff: no data Net profit: no data

Common Market Corporation is engaged in the wholesale trade of confectionery products from Russian and Ukrainian manufacturers in Kazakhstan. The company was founded on January 13, 2009 on the basis of the Karaganda-based Common Market LLP, which began operating in July 1996. Today it has a developed sales network through its own branches in 23 cities and regions of Kazakhstan. The head office is located in Karaganda. Judging by taxes, the company’s revenue did not fall much in the crisis year of 2015 - 1.5 billion tenge was paid to the state budget, almost the same as in 2014.

The founders of Common Market Corporation are Kairat Makhmetov, Konstantin Popov, Erlan Aldanov, Mikhail Shunko and Vitaly Korolev.

34. Temirzhol Zhondeu LLP

Revenue: 27 billion tenge Industry: construction First leader: Iskandir Karsybekov Number of staff: no data Net profit: no data

Temirzhol Zhondeu LLP is part of the Kamkor Management group of companies, which was privatized at the end of 2014 by Yakov Tskhai. The seller was Kazakhstan Temir Zholy JSC. The transaction amount is 1.7 billion tenge. The company is engaged in the construction of railway lines and access roads.

As of December 2016, it belonged to Joint Technologies LLP, a subsidiary of Kipros LLP, owned by Timur and Dinara Kulibaev.

35. JSC "Sevkazenergo"

Revenue: 26.6 billion tenge Industry: electric power industry First leader: Leonid Larichev Number of staff: 2505 people Net loss: 303.3 million tenge

JSC Sevkazenergo is a vertically integrated company that includes all parts of the energy supply of the North Kazakhstan region (generation, transportation and sales of energy resources). The company is part of the Central Asian Electric Power Corporation JSC, 57.37 % of which belongs to TsATEK JSC (ultimate owners are Alexander Klebanov, Erkyn Amirkhanov, Sergey Kan and Gulnara Artambaeva).

The net loss recorded in 2015 in the amount of 303.3 million tenge was formed as a result of the loss from exchange rate differences on loans, which amounted to 5.1 billion tenge. In 2014, the company's net profit amounted to 3.2 billion tenge.

36. Mercure Auto Ltd LLP

Revenue: 26.6 billion tenge Industry: auto retail First leader: Kanat Akishev Number of staff: no data Net profit: no data

Mercur Auto Ltd LLP was established in 2003. The company's dealership auto centers sell and service Volkswagen, Audi, and Porsche cars in Astana, Almaty and Atyrau. In 2015, it paid 1.5 billion tenge in taxes and other obligatory payments, which is equal to payments in 2014.

According to the constituent documents, the owners of the company are Pavel Bugaev and Anatoly Goncharov, but the new Porsche Center in Almaty was inaugurated by the famous businessman Yesengali Baimenov (No. 37 in the ranking of influential Forbes Kazakhstan).

37. Eastcomtrans LLP

Revenue: 26.5 billion tenge Industry: transport and logistic First leader: Vadim Malakhov Number of staff: 155 people Net loss: 26.9 billion tenge

Eastcomtrans LLP was created in 2002 and is engaged in rail freight transportation. In 2015, 52% of the company’s total income was received from servicing Tengizchevroil LLP.

Losses in the amount of 26.9 billion tenge in 2015 are associated with the devaluation of the tenge, according to the report of the company listed on KASE. A year earlier, Eastcomtrans earned 2.7 billion tenge in net profit.

The controlling owner of the company is Marat Sarsenov (No. 45 in the ranking of the rich and No. 43 in the ranking of the influential Forbes Kazakhstan), the brother of Zhanbolat Sarsenov, who for many years headed the Kazenergy Association of Fuel and Energy Complex Enterprises as Deputy Chairman, and now heads the steering committee of the pharmaceutical, medical industry and medical services NPP "Atameken". He owns 56 % of the shares. 37.33 % is owned by Steinhardt Holding N.V., 6.67 % by International Finance Corporation.

38. JSC Zhambyl State District Power Plant named after. T.I. Baturova"

Revenue: 25.4 billion tenge Industry: electric power industry First leader: Vladimir Kokarev Number of staff: 585 people Net loss: 15.7 million tenge

In March 2015, Samruk-Energo JSC sold its 50% stake in Zhambyl State District Power Plant named after. T.I. Baturov" under the privatization program for 2.35 billion tenge of Tarazenergo-2005 LLP, which was the holder of the remaining 50 %.

The company ended 2015 with a loss of 15.7 million tenge, which was due to an increase in expenses for creating a reserve and writing off bad debts - in the amount of 920.5 million tenge. In the previous year, the net loss was 727 million tenge.

The sole founder of Tarazenergo-2005 LLP is Zufar Serazhiev.

39. JSC "Imstalkon"

Revenue: 25.2 billion tenge Industry: construction First leader: Mikhail Rezunov Number of staff: 6337 people Net loss: 10.4 billion tenge

Imstalkon JSC was founded in 1995 on the basis of the Kazstalmontazh construction association, which at one time united three large trusts - Kazstalkonstruktsiya, Kazmontazhstroydetal and Kazstalmontazh. The company is engaged in the design and manufacture of building structures, steel tanks and equipment, construction and installation works, construction of industrial and civil buildings and structures.

The net loss of Imstalcon JSC in 2015 was determined in the amount of 10.4 billion tenge against a profit in 2014 in the amount of 2.2 billion tenge. The loss was due to negative operating activities coupled with increased expenses.

The main shares in the company belong to Vladimir Kananykhin - 18.78 %, Mikhail Rezunov - 15.91 %, Serik Esmukanov - 9.05 % and Imstalstroy LLP - 6 %.

40. Eikos LLP

Revenue: 25.1 billion tenge Industry: trade First leader: AlexanderSoloviev Number of staff: no data Net profit: no data

Eikos LLP is the official distributor of global tire manufacturers. The company was established in 1996, the central office is located in Semey. It has branches in eight major cities of Kazakhstan, including Almaty and Astana. At the end of 2015, payments by Eikos LLP to the budget in the form of taxes and other payments amounted to 1.4 billion tenge, which is 13.2% less than in 2014.

Founders: Ksenia Solovyova and Elena Gudina.

41. Ak Niet LLP

Revenue: 24.1 billion tenge Industry: pharmaceuticals First leader: Ruslan Berdenov Number of staff: 382 people Net profit: 1.3 billion tenge

Ak Niet LLP was established in 1996 and distributes finished medicines, medical products and parapharmacy, wholesale of medicines and medical products. Currently, the company has five branches throughout Kazakhstan, a network of 125 pharmacies under the Europharma brand in 12 cities of the country, and its own medical centers. Ak Niet carries out its own production of herbal medicines under the Planta brand.

The founders of the LLP are Marat Orazaliev, Zharmukhamed Appaz and Arman Berdenov.

42. Alina Trade LLP

Revenue: 22.8 billion tenge Industry: trade First leader: Irina Bugaeva Number of staff: 650 people Net profit: no data

Alina Trade LLP is part of the Alina Group of Companies, which was founded in 1989. It is engaged in retail, wholesale and project sales of dry building mixtures and paint and varnish products. In December 2015, the company announced that it had received 686 million tenge from the Baiterek holding to expand production and 1.26 billion tenge to replenish working capital.

Alina Trade LLP belongs to Erlik Balfanbaev.

43. Smart-Oil LLP

Revenue: 19.9 billion tenge Industry: oil service First leader: Murat Kirzhanov Number of staff: no data Net profit: no data

The Smart-Oil drilling company was founded in 2004, but began its activities only in 2007, since the first four years were in the organizational stage. It provides a full range of services for the construction and repair of wells for organizations in the oil and gas industry.

Affiliated with the South Oil oil company through the Seitzhanov family, which is the sole owner of Smart-Oil LLP through the Ontustik Financial Trade and Industrial Corporation LLP.

44. Karaganda Energy Center LLP

Revenue: 19.5 billion tenge Industry: electric power industry First leader: Madi Abishev Number of staff: 1229 people Net profit: no data

Karaganda Energy Center LLP is the only centralized supplier of thermal energy, as well as the largest supplier of electricity in Karaganda and the Karaganda region. The company's structure includes two thermal power plants, one (CHP-1) of local significance, the other (CHP-3) of regional significance, commissioned in 1977 and providing about 86 % of the region’s electricity needs.

With the introduction of marginal tariffs for energy sources, Karaganda Energy Center LLP began implementing an investment program. Costs for reconstruction, equipment modernization and capacity expansion over the five years of the program amounted to 65 billion tenge. In May 2016, the company completed the construction of a new power unit with a capacity of 110 megawatts at CHPP-3. The general contractor and equipment supplier was the Chinese national mechanical engineering corporation CMEC. The project cost is $185 million.

The main shareholder of the company is Kazakhstan Utility Systems LLP, owned by Dinmukhamet Idrisov (No. 11 in the ranking of the rich and No. 4 in the ranking of influential Forbes Kazakhstan).

45. Kazakhstan Fuel Company LLP

Revenue: 19.4 billion tenge Industry: trade First leader: Alexander Sukhoterin Number of staff: no data Net profit: no data

The company has been operating since 1999, serving as a supplier of gasoline, diesel and aviation fuel, lubricants, car tires, and liquefied petroleum gases. Kazakhstan Fuel Company LLP is a commercial structure engaged in the sale of motor oils from TNK Lubricants, ANKhK Rosneft, OJSC ANK Bashneft, and LUKOIL oils in the Zhambyl, Almaty, Akmola, North Kazakhstan and Atyrau regions.

In 2015, the company paid taxes and other obligatory payments to the budget in the amount of 1.07 billion tenge, which is 34.6% less than in 2014 (1.64 billion tenge).

Founders: Vitaly Krupin and Zhanna Bannikova.

46. ​​JSC "Bayan Sulu"

Revenue: 19.2 billion tenge Industry: food industry First leader: Timur Sadykov Number of staff: 1919 people Net profit: 1.8 billion tenge

In 1993, the Kostanay confectionery factory, founded in December 1974, was transformed into the Bayan Sulu open joint stock company. The main activities of the company are production, wholesale and retail sales of confectionery products. In 2015, its income in Kazakhstan amounted to 12.85 billion tenge, in Russia - 2.56 billion tenge, in other countries - 3.74 billion tenge.

The main shareholder of the company is KazFoodProducts LLP with a participation share of 83.97%, the ultimate control of which belongs to Erlan Baymuratov.

47. Kazazot LLP

Revenue: 18.9 billion tenge Industry: chemical industry First leader: Kinis Urakov Number of staff: 1125 people Net loss: 707.3 million tenge

The company was founded in 2005 in Aktau. Its main activities are the production and sale of ammonium nitrate, ammonia, nitric acid and natural gas for export and for the domestic market. In September 2014, Kazazot entered into a 25-year contract with the Ministry of Energy of the Republic of Kazakhstan for gas production at the Shagyrly-Shomyshty field in the Mangistau region. In September 2015, the company signed a memorandum for a new contract for exploration and production of gas at the Kosbulak field in the Mangistau region. Natural gas is used in the production of ammonium nitrate.

Kazazot LLP completed 2015 with a loss of 707.3 million tenge, which is explained by an increase in the income tax paid. According to the reports, of which 347 million tenge are taxes for 2015, 622.5 million tenge are deferred income tax. Profit before tax amounted to 262.2 million tenge. For comparison: in 2014, the company recorded a loss of 110.9 million tenge.

The company's members are Toex B.V. (Timur Kulibayev) - 50%, Bakharidin Ablazimov (No. 19 in the ranking of the rich and No. 30 in the ranking of influential Forbes Kazakhstan) - 15%, Dinmukhamet Idrisov - 30%, Erzhan Dostybaev (No. 31 in the ranking of the rich) - 5%.

48. JSC "Stroykonstruktsiya"

Revenue: 18.2 billion tenge Industry: construction industry First leader: Victor Buller Number of staff: 804 people Net profit: 14.1 billion tenge

JSC Stroykonstruktsiya was formed in 1992 on the basis of the plant for reinforced concrete products and structures Glavtselinpromstroy, which had been operating since 1959. The company is owned by Victor Buller and is a major participant in the construction market, including the implementation of the housing program.

JSC "Stroykonstruktsiya" took part in the construction of the Baiterek monument, the Palace of Independence, the Pyramid, the Nur-Astana and Khazret Sultan mosques, the entertainment centers "Duman", "Cinema City", "Mega", "Khan Shatyr", "Capital Circus" ", sports complexes "Alatau" and "Kazakhstan", National Library, Astana Opera Theater, etc.

In 2015, the company’s revenue decreased by 24.56 % compared to 2014, when it amounted to 24.13 billion tenge. Despite this, net profit increased almost 2 times - to 14.1 billion tenge, which, according to the JSC report, was achieved due to exchange rate differences.

Since 2017, the company plans to produce three-layer panels, from which it is possible to build a 16-story single-entrance house in three months.

49. Royal Petrol LLP

Revenue: 17.6 billion tenge Industry: sales of petroleum products First leader: Talgat Dzhanabaev Number of staff: no data Net profit: no data

The operator of the Royal Petrol gas station network operates in Almaty and the Almaty region. Over the years of work in the market, the company has increased its network to more than 60 gas stations. At the end of 2015, Royal Petrol's payments to the state budget in the form of taxes and other payments amounted to 970 million tenge, which is 65% more than in 2014, when their volume was 588 million tenge.

The founder of the company is Talgat Dzhanabaev.

50. JSC "Company "Montazhspetsstroy"

Revenue: 16.8 billion tenge Industry: construction First leader: Talgat Nazarov Number of staff: 1446 people Net profit: 270.7 million tenge

The company was created in 1994 as the legal successor of the Montazhspetsstroy Company CJSC, which, after the collapse of the Soviet Union, coordinated the activities of installation organizations subordinate to the Ministry of Installation and Special Construction Works of the Kazakh SSR. This happened as part of corporatization, when production companies became the joint property of labor collectives, with a mandatory share of the state. The head of the new joint-stock company and one of the owners was Evgeny Ezhikov-Babakhanov, who from 1985 to 1990 was the Minister of Special Construction and Installation Works, and later - Deputy Prime Minister and Chairman of the Main Control Inspectorate under the President of the Republic of Kazakhstan. In 1993, he headed Montazhspetsstroy CJSC and left management of the company only in 2012.

Montazhspetsstroy worked at Kashagan, Karachaganak, Chinarevskoye oil and gas condensate fields and other large projects in the oil and gas sector.

Now the major participants of the company are Talgat Nazarov - 54.07 %, Evgeny Ezhikov-Babakhanov - 5.67 % and Yuri Burdun - 5.44 %.