The government has approved a list of Samruk-Kazyna companies to be privatized

May 12, 2014

The Government of the Republic of Kazakhstan at the meeting on 29 April 2014 approved a list of companies of Samruk-Kazyna (the National Welfare Fund), which will be sold to the private sector within the privatization framework.

According to Nurlan Rakhmetov, CFO and a member of the board of Samruk-Kazyna, the government of Kazakhstan and JSC “Samruk-Kazyna” over the past few months have analyzed all 599 companies owned by the Fund and have identified companies that can be transferred to the private sector. Thus, shares in 106 different companies of Samruk-Kazyna will be sold to the private sector, mostly in 2014.

Shares and ownership interests in 94 subsidiaries of the Samruk-Kazyna Group will be on offer in 2014-2016; particularly, 28 companies owned by JSC NC “Kazakhstan Temir Zholy” (National Railways), 23 owned by JSC NC “KazMunaiGas”, 21 owned by JSC “Kazakhstan Engineering”, 10 owned by Samruk-Energy , 7 owned by JSC “Kazatomprom” and 2 owned by JSC “KEGOC”. In addition, shares in JSC “Maikainzoloto”, JSC “Kazakhstan Scientific Research Institute of Energy named after Chokin” and “FN Management” LLP (as part of JSC “Samruk-Kazyna Real Estate”).

Apart from that, the government plans to sell by way of IPO and SPO 10% minus 1 share in JSC “KEGOC” and 24% plus 1 share in JSC “Mangistau Energy Distribution Network Company” in 2014; 20-25% shares in Samruk-Energy” in 2015; and 10% minus 1 share in JSC NC “Kazakhstan Temir Zholy” and JSC “Kazatomprom” in 2016.

Shares in eight subsidiaries of JSC NC “Kazakhstan Temir Zholy” and four subsidiaries of JSC NC “KazMunaiGas” are planned to be sold after 2016.

List of Samruk-Kazyna companies for sale to the private sector:

JSC NC “Kazakhstan Temir Zholy”
JSC “Kaztemirtrans”
JSC “Transtelekom”
LLP “Kazakhstan Carriage-Building Company”

LLP “Kamkor Wagon”
LLP “Kamkor Locomotive”
JSC “Almaty Car Repair Plant”
LLP “Temіrzholenergo”
JSC “Transport Service Centre”
JSC “Vostokmashzavod”

LLP “Locomotive 2030”
LLP “Temіrzholzhөndeu”
LLP “Kamkor Management”
JSC “Kaskor-Transservice”
LLP “Yertys service”
LLP “Kazykurt-South”
LLP “Atyrau-Bіrzhan”

LLP “Bass Balkhash 2004”
LLP “Gasyr-Mangistau”
LLP “MAK-Ekibastuz”
LLP “Ak Beren”
LLP “Igilik RD”
LLP “Central Asia Protrans”
LLP “Express Consulting”
LLP “Astana Horde”
LLP “Kamkor Zhylu”
JSC “KazTransGas Aimak”
JSC “KazTransGas-Almaty”
JSC “Kazakh Institute of Oil and Gas”
JSC “Kazakh-British Technical University”
LLP “NMSC” Kazmortransflot ”
LLC “KazTransGas – Tbilisi”
LLC “KyrKazGas”
LLP “KazakhOil-Ukraine”
ZAO “TD” Ukrnefteprodukt ”
JSC “Kherson Oil Refinery”
Global Security Sistem SA
Palplast SA
Rominserv Valves IAIFO SRL (former Zalau Valves IAFO SRL)
Ecomaster Servicii Ecologice SRL
KPJV Limited
LLP “Investigation Agency ROI”
LLP “JV Technip-Kazakhstan”
JSC “Institute of Organic Catalysis and Electrochemistry. DV Sokolsky”
JSC “Institute of Chemical Sciences im.A.B.Bekturova”
LLP “Institute of oil and gas engineering and information technology KBTU”
JSC “NAC” Kazatomprom ”
LLP “Astana Solar”
LLP “Kazakhstan Solar Silicon”
LLP “MK” Kaz Silicon ”
LLP “Remmontazhservis”
LLP “Kyzyltu”
LLP “Kazgeomash”
JSC “Samruk-Energo”
JSC “Zhambyl Thermal Plant named after Baturov”
JSC “East Kazakhstan Regional Energy Company”
JSC “Aktobe CHP”
JSC “Almaty Power Plants”
JSC “Alatau Zharykh Kompaniyasy”
LLP “Almatyenergosbyt”
LLP “Munay Teguise”
LLP “Shygysenergotrade”
LLP “Kazenergoprovod”
JSC NC “Kazakhstan Engineering”
JSC “Omega ”
JSC “Machine-Building Plant named after Kirov”
JSC “Institute Gidropribor ”
JSC “KazInzh Electronics”
LLP “Thales Kazakhstan Engineering”
JSC “811 CI repair plant”
LLP “Kaz-St Engineering Bastau”
LLP “Special Truck – Astana”
LLP ” Astra Industrial plant equipment”
JSC “832 CI Auto Repair Plant”
LLP “RemServis-SK”
LLP “PBI-Kirovec”
LLP “MZ-Sekjuriti”
JSC “№ 406 GA Aircraft Repair Plant”
JSC “№ 405 Aircraft Repair Plant”
LLP “Bioengineering”
LLP “Kamaz-Friendly”
JSC “Kazakhstan Scientific Research Institute of Energy named after Chokin”

JSC “Maikainzoloto”
LLP “FN Management”
JSC “Locomotive Plant”
LLP “Tulpar-Talgo”
LLP “Electric Locomotive Plant”
LLP “Astana Diesel Engines”
LLP “Temir Zhol Electrification”
LLP “Aktobe rail and structural steel mill”
LLP “Platinum Train Services”
LLP “JV” KazElektroPrivod ”
LLP “Teniz Service”
LLP “KazOilMash”
LLP “AktauOilMash”
LLP “Aktau oil equipment plant”

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