31 december 2018

Being a part of the International Group of Companies Kusto Group, Kazpetrol Group approves the budget and major projects at the level of the Board of Directors of the Kusto Group.

This year the meeting of the Board of Directors of Kusto Group was held in Tbilisi, Georgia. KAZPETROL Group was represented by Bakhyt Toguzbayev – General Director, Talgat Abibulayev – Technical Director, and Arai Bastaeva – Chief Accountant. They have successfully defended the Budget of 2019 to the shareholders of the KUSTO Group and Karsybekov Orazkhan Kairzhanovich – Chairman of the Supervisory Board of the oil and gas division.

This event is not limited to the protection of the budget, it has always been and is a platform for a fruitful experience exchange between the companies which are, like us, part of the International Holding KUSTO Group.

Information about Kusto Group: it was founded at the end of the 90s by Kazakhstani experts in the field of direct investments, project and corporate financing. The company's history began with the mining industry and today it successfully operates in various sectors: the oil industry (oil production and development of chain of gas stations), real estate development business, construction materials, energy and agriculture projects, and education. The Kusto Group implements projects in Canada, Georgia, Singapore, the United Arab Emirates, Russia, Kazakhstan, Ukraine, Vietnam, China, Turkey and Israel. There are more than 30 companies in the group with 10,000 employees.