EUROBAK Awards - WorldMonitor
  • Navigating Shopper Trends: Mars Wrigley’s POSM Innovations in Kazakhstan
    Understanding the Pulse of Consumer Behavior
  • Well at Home, Well at Work: The Quest for Work-Life Balance
    Work-life balance has gained significant workplace prominence as the boundaries between professional and personal lives continue to blur.
  • IFRS S1 and S2: The new era of ESG reporting
    First ever set of global reporting standards for ESG investors
  • Philip Morris Kazakhstan – #StopMusor
    The StopMusor campaign is designed to raise awareness among society about the hazardous consequences of small trash littering in public places and educate people about responsible waste disposal.
  • SKYGAS – Automobile gas-filling compressor station (CNG) in Taldykorgan
    Reducing pollution to the environment and emission through manufacturing cleaner natural gas
  • Procter & Gamble – The big support to the smallest ones
    For the first time ever in Kazakhstan, P&G and Red Crescent, have launched a charity program to support premature babies.
  • Novo Nordisk Kazakhstan – Preceptorship Program
    Preceptorship program that is a structured educational initiative within the field of healthcare, designed to facilitate the transition of less experienced healthcare professionals into their respective roles by engaging them with experienced mentors or preceptors
  • Mars Kazakhstan – From Peer to Peer
    Resource Centers for Inclusive Education for Children with Special Educational Needs
  • InterContinental Almaty – Installation of top roof solar panels
    Generating electricity and hot water through the solar panels to reduce the carbon foot print and contribute to a sustainable future in our environment
  • Haileybury Almaty – Christmas for Orphanage
    Providing Christmas gifts to the Orphanage and Elderly House “Solnyshko”
  • GPI – Green Urban Community
    Community for the Development of Sustainable Cities and Territories of Kazakhstan and Central Asia – Green Urban
  • Gedeon Richter KZ – Kazakhstan Women`s Health
    The goal-to improve the medical literacy of women and doctors in the field of reproductive health.
  • Beeline Kazakhstan – Developing the capacity of hub schools in rural areas
    Developing rural schools, reducing the gap in the quality of education through material and technical equipment of schools and creating equal conditions for the professional development of teachers.
  • Efes Kazakhstan – Professional courses for Ana Uyi shelter’s residents
    Promoting the prevention of social orphanhood and reduce the number of children who annually end up in orphanages.
  • NEF Qazaqstan & NEF Foundation – NEF future football stars
    Providing opportunities for young and talented football players in Kazakhstan to showcase their potential on the international stage.
  • Bulat Utemuratov Foundation – Construction of the school for 3 000 pupils of Kosshy City, Akmola region
    The project is primarily aimed at addressing the shortage of school institutions and contributing to the improvement of the quality of secondary education in the city of Kosshy.
  • Coca-Cola Icecek Kazakshtan – 3.2.1.Start!
    Developing and popularizing plastic collection and recycling among the youth of Kazakhstan
  • Air Astana – Simulator Project
    Start professional training of Air Astana A320 AC flight crew using a Full Flight Simulator A320-NEO
  • AEQUITAS Law Firm – Animal Welfare
    Raising awareness among citizens and relevant organizations regarding the Animal Law
  • METRO Kazakhstan – Employee Psychological Support Programme
    Providing employees with psychological support to improve their mental health and stability / developing their professional and personal qualities.
  • Baker Tilly Qazaqstan Advisory – Purpose Project
    Material and moral support for women and children in crisis.
  • GPI – ESG-game
    Kazakhstani companies (representatives of financial institutions, MMC, large businesses) are ready to act in accordance with principles of sustainable development and ESG. But often they do don t know where to start.
  • Beeline Kazakhstan – Digital Operator 1440 Talents
    Upgrade Digital IQ of non-tech employees to empower to optimize processes and save company resources.
  • Efes Kazakhstan – Digitalization of HR processes
    Improving the process of new employees’ adaptation through the digitization of HR processes:
  • Coca-Cola Icecek Kazakhstan – Train to Plant – Forklift operator training program for women
    The project was aimed at expanding the range of working professions and providing opportunities for women in CCI Kazakhstan by opening new jobs in warehouses and training candidates who do not have Forklift Driver skills.
  • Borusan CAT Kazakhstan – Young Technician
    The project is designed to solve the problem of training young specialists for further work in the company.
  • Procter & Gamble – Cheena Old Spice
    Main objective of our campaign was to grow penetration of deodorants among Kazakh men, as we estimate it to be less than 25%.
  • Gedeon Richter KZ – Thank you, doctor
    Informing about the existing methods of maintaining psychological well-being and the possibility of obtaining qualified assistance in solving difficulties in the field of mental health
  • Coca-Cola Company Kazakhstan – House in Coca-Cola Caravan
    The main objective was rethinking Coca-Cola Caravan to reach Gen-Z. They were less familiar with iconic Caravan in compare with the older generation who spotted legendary TV commercial.
  • Efes Kazakhstan – Efes Art Space
    New art experience – Efes Art Space – office transformation into an art gallery on weekends. Exclusive, multifunctional platform that not only displays artistic works but also hosts masterclasses, performances, and lectures for the wider community.
  • AXISA – Radio broadcast “Project Chief Accountant”
    Accounting and taxation rules in Kazakhstan are constantly changing and difficult to understand.
  • Efes Kazakhstan – SAP 4/HANA Implementation
    The purpose and objectives of the project:
  • The mining and metallurgical complex of the Republic of Kazakhstan continues to break records.
    The next week in Almaty will be held under the sign of the mining and metallurgical industry – from September 20 to 22.
  • Introducing our new product
    The legendary taste takes on a modern twist, embodying the brand heritage and its aspiration for the future.
  • Our Philosophy is the individual approach
    A momentous event unfolded for Almaty’s medical services – the opening of a new medical centre, Mediker Hospital International, setting a new standard in the quality of ultramodern medical services.
  • Healthcare in Kazakhstan: Improvements and Challenges
    As a private clinic, iO recognizes the importance of continuous education in improving the quality of healthcare services by investing in annul training abroad for staff physicians.
  • Kazakhstan: Changes regarding monitoring of goods re-exported to Russia
    Following several announcements in public media,1 it has been reported that Kazakhstan will monitor goods that are imported into the country for re-export, tracking them until they reach their final destination.
  • International Education for the Modern World
    The modern world is changing at a faster pace than ever before. Students need educational opportunities that meet these needs and prepare them well for the future.
  • Cloud Policy: Transforming Kazakhstan’s Business Landscape
    At present, many companies in Kazakhstan are reluctant to use cloud services. Most of them attribute this to the limitations imposed on the use of personal data and the ambiguity of the current legislation on other types of data. To address this issue, Kazakhstan needs to introduce innovative technologies, including those involving cloud solutions as this is what it lacks for a more dynamic development of digitalization in the country.
  • Switzerland as a business location for innovative companies
    On behalf of the embassy of Switzerland in Kazakhstan we invite representatives of EUROBAK companies to participate in a seminar “Switzerland as a business location for innovative companies”.
  • Switzerland. Medical tourism
    Dear Ladies and Gentlemen, The Embassy of Switzerland in Kazakhstan and Switzerland Tourism have an honor to invite you to the seminar ”Switzerland. Medical tourism”, which will take place on June 8 at 11.30 at Mercure Almaty City Center Hotel, 53 Abylai Khan. During the event we will present different opportunities of health travel in…
  • Workshop:  “Excellency of Education in Switzerland”
    Dear Ladies and Gentlemen, The Embassy of Switzerland in Kazakhstan and the Swiss Learning have an honor to invite you to the seminar ” Excellency of Education in Switzerland: Summer camps, Bachelor Programms in Luxury Brand Management and Hospitality Business”, which will take place on June 8 at 09.30 at Mercure Almaty City Center Hotel,…
  • Why Kazakhstan?
    Foreign investors, whether large multinational companies or smaller size regional investors, corporate or private investors, often consider in which country to invest and/ or establish its initial presence for the region as a whole.Quite often, they choose Kazakhstan out of the countries in Central Asia (which encompasses five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan),…
  • Islamic Finance in Kazakhstan
    HISTORY AND DEVELOPMENT The contemporary history of Islamic finance around the world can be divided into three stages: a founding period during the 1960s, a formative period from the establishmentof the first Islamic bank (Dubai Islamic Bank) in the 1970s, and a development period from 1990 onward. The history of Islamic finance in Kazakhstan, on…
  • Family Medicine in Kazakhstan with American Medical Centers
    Welcome Dr Styles. Welcome to World Monitor magazine, which is an official partner for European Business Association of Kazakhstan. Thank you for asking me to do this interview. It’s a great pleasure. You represent the American Medical Centers, and today the American Medical Centers have almost 25 years of experience with the family medical services…
  • Kazakhstan International School – More than Academics
    Kazakhstan International School – More than Academics! Interview with Ole Bernard Sealey, Head of Kazakhstan International School. Welcome OB. It’s so great to see you. Thank you for your time. It’s always great to have a conversation with the head of a school. And today we’ll talk about Kazakhstan International School. It happens that I…
  • EUROBAK Talk with H.E. Marco Alberti, Ambassador of Italy to Kazakhstan
    Ambassador Alberti has an extensive experience in economic diplomacy and has worked for more than 9 years for the largest European utility as head of international institutional affairs.  During the interview we asked Ambassador to share about current projects between our countries, main tasks for the future development of mutual cooperation, and his first impressions…
  • EUROBAK Talk event with Huseyin Ozhan, Head of EBRD Kazakhstan
    During the interview, we asked Mr Ozhan on EBRD’s plans and future projects, prospects for developing a “green economy” and attracting foreign investment in renewable energy sources and some other topics.  
  • Today’s trend – to be healthy
    Please share your opinion on how the active lifestyle of people has adapted to the conditions of the quarantine? What solutions have people found for themselves who cannot imagine their life without sports? I think the quarantine showed us all how important sports and activity are in our lives. People, finding themselves in such harsh…
  • Greetings, 30!
    On November 19, Kommesk-Omir Insurance Company will celebrate its 30th anniversary. Today it is one of the largest insurers in the country. In anticipation of this much-celebrated event, Khanin Oleg, the Chairman of the Board of Kommesk-Omir, spoke about the company’s current activity and its prospects. What stages in the company’s development were the most…
  • “Cure-all for disputes?” – What the new Administrative Procedural Code means for business in Kazakhstan
    On 1 July 2021, Kazakhstan introduced a new Administrative Procedural Code (APC), and in this article we will look at how it resolves administrative disputes between businesses and the authorities. Essentially, the new code replaces two conflicting documents and incorporates elements of the current Civil Procedural Code (CPC). Why were the changes made? What do…
  • The toolkit of Big Data has been replenished with a new product
    from Beeline Kazakhstan
    Beeline Kazakhstan has become an official partner of the Aggregion platform in our country. What will it give to the market? A partnership has started, which will lay the foundation for the productive development of technologies in the field of big data in Kazakhstan. From this point onward, Beeline acts as an exclusive distributor and…
  • Digitalization in logistics is inevitable
    Marat Kozhakhanovich, it seems that logistics is one of the most popular areas of the economy and at the same time the most ‘undeveloped’ in terms of regulatory and legislative tools. Why do you think this is happening and how can this issue be comprehensively resolved? I do not agree with this wording. In the…
  • SANTO: we are ready to ensure drug safety in Kazakhstan
    SANTO Company is part of the global European Polpharma Group. And, in addition to domestically produced drugs, the company’s portfolio also includes drugs produced not only at Polpharma sites, but also at other European companies. So, SANTO is not just a company that sells what it produces, but a company that seeks to provide the…
  • Blanc de Blanc – for true connoisseurs of elegancy
    In August 2021, the Perrier-Jouet Champagne House introduced Perrier-Jouet Blanc de Blanc to the Kazakhstani market. Blanc de Blanc is a separate category of wine, with its own fans and ardent followers. Sommeliers like to sell it in restaurants and keep it in their private collections. Almost always Blanc de Blanc will cost 1,5-2 times…
  • Increasing the attractiveness of Kazakhstan by improving the banking, investment and insurance systems
    World Monitor’s editorial staff spoke with Madina Abylkassymova, the Chairperson of the Agency for Regulation and Development of Financial Market (hereinafter – the “Agency”), on the adopted complex of anti-crisis measures against the backdrop of the coronavirus pandemic, ensuring the stability of the banking sector, on the results of an independent quality review of the…
  • The ambassador’s mission is to maintain and develop relations between countries and people
    The EUROBAK Talk online event, which has already become traditional and regular, pleased with an excellent opportunity to communicate and ask all your questions to His Excellency Ambassador of the European Union to Kazakhstan – Kestutis Jankauskas. World Monitor: It’s our honor and a pleasure to welcome to EUROBAK Talk His Excellency Ambassador Kestutis Jankauskas,…
  • Adaptability is a new requirement
    of the times
    Julie Kussidi, EUROBAK Executive Director conducted an Exclusive interview with Erlan Dosymbekov, EUROBAK Chairman, Managing Partner for Central Asia and Kazakhstan for Ernst & Young, and Kazakhstan Foreign Investor’s Council Association Chairman, with EUROBAK members who participated by asking their questions via Zoom. J.K. Thank you, Erlan, for taking this opportunity to be with us…
  • EUROBAK Talk with Christopher Campbell-Holt, Registrar and Chief Executive of the AIFC Court and IAC
  • Air Astana marks 19th Anniversary
    Air Astana, Central Asia’s leading carrier, is marking the 19th anniversary of its first commercial flight. Throughout these first 19 years, Air Astana has innovatively adapted to numerous challenges and successfully delivered the very highest standards of passenger service, safety, operational efficiency and environmental sustainability. Passenger numbers have grown from only 160,000 in 2002 to…
  • Interview with Eric Meyer U.S. Consul General in Almaty Kazakhstan
    Today with us we have Eric Meyer U.S. Consul General in Almaty Kazakhstan. This is a great honor and a pleasure Eric to have you with us today and I’d like to thank you on behalf of the European Business Association of Kazakhstan and World Monitor magazine for accepting this invitation and giving our audience…
  • A Haileybury Education:
    The best investment
    you will ever make
    Haileybury Almaty and Haileybury Astana are British curriculum private schools in Almaty and Nur-Sultan, where education is built in the best traditions of British education. In the senior school in Almaty, pupils are prepared for Advanced Levels (A levels), and the International Baccalaureate (IB) Diploma Programme at Haileybury Astana. Both programs allow graduates to enrol…
  • Launch of new businesses together with Philip Morris Kazakhstan
    The strategic approach of Philip Morris Kazakhstan (PMK) towards social projects is based on the UN Sustainable Development Goals and is aimed at supporting projects that help to improve the quality of life in local communities. The project ‘Center for the Development of Business Ideas’, which was launched in 2017, helps to solve the unemployment…
  • Let’s create a better world
    for pets with Mars
    Today most pet shelters need consistent support. The noble idea of helping pets already exists, but good intentions without competent support and funding will not create the right conditions for these all-too-easy-to-overlook small creatures. In Kazakhstan, the idea of adopting pets is still gaining momentum. The Mars social campaign aims to address these challenges by…
  • The first food bank
    was established in Kazakhstan
    According to some data from the Ministry of National Economy of the Republic of Kazakhstan, about five million Kazakhstanis belong to socially vulnerable groups of the population, many facing the problem of hunger. At the same time, according to the Food and Agriculture Organization of the United Nations, every year humanity gets rid of 1.3…
  • Stimulating a healthy
    self-care mentality
    It’s been 120 years that Gedeon Richter, a pharmaceutical company founded in Hungary, has been contributing to women’s health. The company has gained significant information to share on the topic through this vast experience. In September 2020, Gedeon Richter KZ LLP introduced Kazakhstan Women’s Health (KWH) – a social, educational online project aimed at helping…
  • Inclusive theatre is an art that different people create together…
    Action Literally is the Inclusive Theatre Laboratory where professional stage actors and directors, artists, musicians, non-professional actors, and special needs artists work together. There are ten special needs artists in the team, those are people living with autism and Down syndrome. The Action Literally team has more than 20 people, including visiting trainers. JTI Kazakhstan…
  • SOCIALHACK online youth hackathon brings together 205 young people
    On 18 July 2020, SOCIALHACK – an online youth hackathon aimed at developing a mobile app for people with special needs – wrapped up in Nur-Sultan. Applications were accepted starting 30 June, and more than 205 young people registered for the hackathon in just two weeks. SOCIALHACK was a 48-hour online marathon, where 34 teams…
  • Providing medical personnel
    with protective equipment
    The coronavirus epidemic has become a hardship for the human race. For the first time in the last hundred years, people all over the world have become aware of the genuine threat to both their health and lives, which was brought about by the outbreak of a contagious disease. After joining an unequal battle with…
  • New houses from Beeline
    On 2 May 2020, one of the Sardobinsky dams broke through reservoirs in western Uzbekistan. As a result of the breakthrough, severe flooding impacted several villages in Kazakhstan’s Turkestan region, causing more than 31 thousand people from 14 populated areas to be evacuated. Many houses were destroyed, and hundreds of families were left homeless. In…
  • Necessary help for patients
    A new type of coronavirus, which is raging in the world and here in Kazakhstan, has overshadowed a number of other diseases, although patients suffering from various ailments still need help and support. In this difficult time, the leaders of the world pharmaceutical industry are not only working on the creation of vaccines and drugs…
    Storm Watch System
    For five years SKYMAX TECHNOLOGIES worked on a project, creating a network of storm direction sensors in Kazakhstan. In 2019, we successfully set up a system for monitoring lightning activity here, developed in partnership with German colleagues. It is the only lightning detection network capable of providing high-quality data. Precision in the detection of lightning…
  • Platform for standardized HR measurements and simple surveys
    Beeline Kazakhstan has set for itself a goal of transforming the culture of how company employees interact by creating continuous feedback through an ecosystem of user experience, measurement of involvement, e-NPS, internal CSI and customized internal research. Only a few years ago, an external provider was commissioned to measure staff involvement. At the same time,…
  • FREE TV360 –
    Beeline Top Channel Package
    in Kazakh and Russian
    80% of all the Internet traffic in Kazakhstan is video streaming. 68% of the audience are Kazakh-speaking users. The year 2020 showed how much Kazakhs need licensed content, especially in Kazakh. And it has been a new challenge for ISPs. The mobile operator Beeline has been developing a digital TV called BeeTV for several years….
  • A modern form
    of a legendary taste
    Continuing with its rich legacy, ARARAT opens another chapter in the centuries-old history of Armenian cognac-making, introducing new bottles and packaging of legendary cognac. The new ARARAT line is the most global and bright visualization of the brand in the last ten years. This new chapter sets the brand on a new level of international…
  • CEO Beeline about
    telco industry in 2020
    Invited as a guest to EUROBAK, please let us welcome Beeline Kazakhstan’s CEO, Yevgeny Nastradin. He discussed how the telco industry has gone through a difficult year in 2020, how nearly 4,000 employees of the company needed to return to the ‘work from home’ mode, what solutions were the most difficult, and why the company…
  • International school IB system in Almaty
    Today, it is difficult to overstate the importance of preschool and primary education. How does KIS approach this strategic challenge? That’s an interesting question. Every curriculum teaches students to read, write and do arithmetic, but not every curriculum focuses on teaching students how to think for themselves. As an IB school (International Baccalaureate), we emphasize…
  • Overview of the Kazakhstan
    oil field service market in 2020
    One of the consequences of the pandemic-related oil price crash has been oilfield service financing cuts. In this article, we discuss the key conclusions from the recent Deloitte Research Centre review of the effects of oil market changes in 2020, as well as the prospects for global and Kazakhstan oil production, the financing of oilfield…
  • Will the mining industry
    meet the future fully armed?
    Growth is returning to the mining sector, but companies face a transformed competitive and operating landscape. The need to improve shareholder returns will drive bold strategies to accelerate productivity, improve margins, focus on tax planning and better allocate capital to achieve long-term growth. A brief description of major taxes applicable to mining companies in Kazakhstan…
  • Society, state, business – together in the same boat!
    Askar, on the SEC Almaty website and in the media there is much discussion about comprehensive support of local and foreign entrepreneurs. However, oddly enough, the number of people informed about the support and assistance programs available is not growing. As the Chairman of the Board, how do you plan to popularize this issue? How…
  • A thoughtful person has nothing to do in social networks today!
    “Strategy without tactics is the slowest path to victory. Tactics without strategy is only a noise before a defeat “The Chinese philosopher Sun Tzu In mid-January 2021, Karagusova Gulzhana Dzhanpeisovna resigned from her post as chairwoman of the Finance and Budget Commitee for the Mazhilis of Kazakhstan’s Parliament. World Monitor’s editorial staff met with Gulzhana…
  • Investing in Islamic deposits
    With Islamic banking’s active development in Kazakhstan as well as all over the world, Islamic banking products are becoming more and more popular and interesting. Today we will elaborate more on a relatively new investment instrument – Islamic deposits. If you think about how to save and multiply your money, then it is definitely worth…
  • The RCEP agreement is a welcome development from the standpoint
    of European business
    Mr. Wuttke, please share your views on what signing the RCEP agreement means for the global community. Signing the Regional Comprehensive Economic Partnership (RCEP) agreement, and also the Comprehensive Agreement on Investment (CAI) between the EU and China, shows China’s willingness to engage with other countries and produce results, albeit ones that are limited to…
  • Decentralisation is a key tool for economic development
    Prof. Christopher A. Hartwell, first of all we would like to congratulate you with a new position. Would you be so kind as to tell us about your tasks and duties, do you have a specific plan and strategy? Which program and projects are you planning to work on? You can read or watch a…
  • Mars digital
    image recognition programme
    Historically, Sales Representatives were collecting sales data manually from every trade outlet. Sales data includes product representation, adherence to planogram standards and multiple internal KPIs. Due to large scale of manual work, data could come imprecise. The analysis of data usually took long time. Project objectives: Increase the quality and speed of sales data collection…
  • Domestos school campaign
    As part of Unilever’s Sustainable Living Plan, Domestos has committed to helping 50 million people gain access to a safe & clean toilet by 2030. Domestos conducts different projects in different countries globally since 2010. In respect of this global agenda, Domestos school program was launched here in Kazakhstan in 2016. Thousands of Kazakhstani schools…
  • Assistance to people
    with special needs
    300 people trained, 82 people employed, 61 people became sole proprietors. Since 2010, Philip Morris Kazakhstan LLP together with the Institution Polytechnic College, Progress has implemented a project to train adults with disabilities in professional skills in Otegen Batyr village, Ili district, Almaty region. The project also helps participants socialize, giving them the opportunity to…
  • Public-private partnerships and investment projects in Kazakhstan. Which one to go for?
    The number of companies in Kazakhstan with foreign participation has grown 12% this year alone to 21.7 thousand by the start of autumn. Of these, 97.3%, or 21.1 thousand are small businesses; 1.5% (325 companies) are medium-sized business and 1.2% (260 companies) are large businesses, with the majority of them from Russia, Turkey and China….
  • What drinks are associated
    with summer?
    Perhaps these are cocktails such as Daiquiri, Cuba Libre and Mojito. But how often do we think about what’s in these cocktails? They are united by one constant ingredient, this is rum. And not just rum, but Cuban rum. And today we’ll talk about a special Cuban rum. What makes it special? These are the…
  • Barriers to implementing LegalTech solutions
    LegalTech has truly found its niche in Europe and America, where a number of tools have been in use for roughly 20 years already, and in the last few years has begun to develop actively in the CIS. Nevertheless, Kazakhstan is still in the early stages of implementing the technology into legal processes. Despite LegalTech’s…
  • The company’s intellectual property under quarantine: issues of registration of exclusive rights in Kazakhstan
    The first quarter of 2020 was not easy for businesses in any country in the world because of the COVID-19 pandemic. Companies faced the question of how to maintain business and consumer demand in quarantine. Those companies that, even without the current situation, were ready to provide services remotely and in advance took care of…
  • SANTO:
    from traditional to digital
    ‘Industrialization 4.0’ is one of the main trends in the transformation of participants in the global economy, which means a departure from traditional industrial production to optimizing the company’s activities based on process automation, extensive data analysis, the use of innovative technologies, and artificial intelligence. What experience did SANTO gain by participating in a pilot…
  • Investments’ attraction during pandemic
    Over the years of Independence, the inflow of foreign direct investment into the economy of Kazakhstan amounted to about $350 billion. In 2019, Kazakhstan managed to maintain the gross inflow of foreign direct investment at the level of 2018, a slight decline of 0.6% was recorded. Thus, according to the results of 2019, the gross…
  • A series of regional conferences for women in business “WECON”
    (Women Entrepreneurship Conferences)
    for 13 cities of Kazakhstan
    Beneficiaries of the Project: 800 businesswomen, representatives of business support organizations and financial institutions, business development experts of 13 regions of Kazakhstan, plus 3500 on line visitors at designated e-platform. Amount invested: 80,000 euro Number of employees engaged in the Project: EBRD SME Finance & Development Team, external subcontractor The purpose of the project: support…
  • Why? Taste! That’s why.
    To capture the heart of every whiskey lover is a nearly impossible task in today’s over-abundance of trendy flavors and varieties. But Jameson has been doing exactly that since 1780. In 1780, a Scot by birth, but Irish in spirit, John Jameson founded his whiskey production in the center of Dublin. From the very beginning,…
  • Benefits of the EU-Kazakhstan enhanced partnership and cooperation agreement
    The Enhanced Partnership and Cooperation Agreement, the main document framing relations between the EU and Kazakhstan, enters into force on 1 March 2020. It provides a reinforced and updated legal framework for further strengthening trade and economic relations, and development of bilateral relations in 29 key policy areas. A regular high-level platform for dialogue on…
  • Regulation and development of the financial market
    Since January 1, 2020, a new financial regulator has been operating in Kazakhstan, which is directly subordinate and accountable to the Head of State, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market. The decree to reorganize the National Bank of Kazakhstan by spinning off an agency “On Further…
  • Green light for sustainable development
    In light of the recent discussions at the World Economic Forum in Davos, Switzerland, where topics such as climate change, corporate social responsibility and corporate governance dominated, how can the AIFC comment on the opportunities provided by the Centre in the field of sustainable development including new for the country green finance? The agenda of…
  • Public-private partnerships and investment projects in Kazakhstan. Which one to go for?
    The number of companies in Kazakhstan with foreign participation has grown 12% this year alone to 21.7 thousand by the start of autumn. Of these, 97.3%, or 21.1 thousand are small businesses; 1.5% (325 companies) are medium-sized business and 1.2% (260 companies) are large businesses, with the majority of them from Russia, Turkey and China….
  • Barriers to implementing LegalTech solutions
    LegalTech has truly found its niche in Europe and America, where a number of tools have been in use for roughly 20 years already, and in the last few years has begun to develop actively in the CIS. Nevertheless, Kazakhstan is still in the early stages of implementing the technology into legal processes.Despite LegalTech’s relatively…