Transforming experience into value

2008

Paper Production meets ISO 14001:2004 and OHSAS 18001:2007 standards.
Acquisition of Logistic Centre “Astana Contract” JSC.
Acquisition of 84 ha of land near Almaty.
Infrastructure works commence at the Industrial Park “PEAK”.

2007

Finalized corporate reorganisation of Kazakhstan Kagazy.
The first phase of the development of the PEAK Logistics Centre was completed.
The Company signed an approximately US$ 90 million financing package with EBRD and Kazkommerzbank for the development of the paper business.
Kazakhstan Kagazy raised US$ 273.5 million in its IPO on the London Stock Exchange in July 2007.

2006

A second paper machine was commissioned, thereby doubling the capacity of the plant and brought into operation a new corrugating plant incorporating modern equipment. The Company began construction of the first phase of the PEAK Logistics Centre, the real estate project, financed by the issue of a further tranche of bonds in the category ''A'' segment on the Kazakhstan Stock Exchange. To diversify Company's funding sources, discussions with the European Bank for Reconstruction and Development (EBRD) were commenced.

2005

The Company started acquiring land for real estate business and began to put basic infrastructure in place. Kazakhstan Kagazy issued bonds, which are listed in the category ''A'' segment on the Kazakhstan Stock Exchange. The Company commenced construction to expand paper production facilities and recruited international expertise into the management team.

2004

Established trading, manufacturing and logistics divisions. Began to research potential land acquisitions, having identified a gap in the local market for warehousing and logistics developments.

2003

Kazakhstan Kagazy began commercial manufacturing of paper for corrugated packaging products and expanded into paper trading. Sales joint ventures in Uzbekistan and Kyrgyzstan were set up, started to establish the network of collection centres for waste paper and began the Company's logistics operations.

2002

Signed a contract with Hubei Jingshan Light Industrial Machinery Co. LTD for the delivery of corrugated packaging producing equipment. Started the assembly of the first paper machine.

2001

Kazakhstan Kagazy was founded.