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Yerkin Tatishev and Kusto Group Donate Over $2 Million to #KustoHelp Charity Initiative Providing Relief During the Global Coronavirus Pandemic
Yerkin Tatishev and Kusto Group’s charitable contribution will help to mitigate the economic shock of the global coronavirus pandemic on vulnerable groups in Kazakhstan and more.
Apr 17, 2020 (The Expresswire) -- In a letter addressed to Kazakhstanis, Yerkin Tatishev, Founder and Chairman of the Board of Directors of the kusto group multisector international conglomerate Kusto Group, announced https://www.bloomberg.com that the company would be committing 1 billion Kazakhstani Tenge (an estimated $2,340,000 USD) to its #KustoHelp charity project to support society’s most vulnerable groups amid the worldwide COVID-19 pandemic.
“This country’s leadership have taken timely and appropriate actions to prevent the spread of COVID-19 otherwise the scale of the damage would have been immeasurably larger,” wrote Tatishev about the Kazakhstani government's response to the global crisis. “These necessary measures to combat the pandemic are having a serious impact on the population and economy of our country. This crisis is affecting everyone without exception.”
#KustoHelp charity project
The charitable contribution will be used to provide support to large families, the poor and particularly impacted groups through deliveries of food and other necessary assistance in cooperation with volunteer organizations and regional governments.
The #KustoHelp charity initiative will also support medical workers in Kazakhstan by providing them with the essential tools they need to combat the viral infection and safeguard their working conditions. Beyond these key areas, #KustoHelp will cooperate and coordinate with various charitable foundations to help those in need.
Kusto Group’s headquarters is located in Singapore, but the company and its founders have strong ties to Kazakhstan.
Tatishev announced that the company would also provide further assistance to charities and organizations in the countries where Kusto Group has companies and business operations. The company has interests in agriculture, natural resources, construction, and manufacturing across Central Asia, Southeast Asia, the Middle amazon.fr/Daniel-Kunin/e/B06XWD9CGM East, Europe and North America.
In closing his announcement about the company’s charitable commitment, Tatishev declared:
“Now we need to consolidate the efforts of our whole society with the work of charitable organisations. It will only be by providing necessary and timely assistance, and through support for each other, that we will be able to overcome this crisis and come out of it stronger!”
COVID-19 in Kazakhstan
The COVID-19 crisis has led to severe disruptions in daily life and has had an untold, yet substantial, economic impact worldwide. Countries have had to develop comprehensive public health responses in addition to efforts to sustain and support economic health.
In the months since the Chinese government announced the appearance of the novel coronavirus, named COVID-19, in December of 2019, there have been over 2 million confirmed cases of the disease and over 137,000 deaths attributed to it.
As of April 16th, Kazakhstan has reported 1,362 confirmed cases of COVID-19 and 17 deaths from the disease. The first cases of the virus in the country were reported to have come from Europe in mid-March. The country’s government promptly declared a state of emergency, canceling public events and holidays.
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By March 19th, the country’s largest cities of Nur-Sultan and Almaty were placed under quarantine. These measures were extended to additional regions that were placed under similar lockdown measures.
Kazakhstan has also provided economic and financial support to companies whose business has been impacted and working citizens who have lost income during the state of emergency.
Kusto Group’s continued commitment to Kazakhstan
Yerkin Tatishev has previously declared that innovation can help the agricultural sector, which has come under increasing pressure worldwide, weather the coronavirus crisis.
In his analysis of how vital the agricultural sector is to the world’s economy, Tatishev cites media scrutiny over America’s food supply where concerns over conditions faced by agricultural works have spurred https://www.newseveryday.com/articles/64377/20200110/daniel-kunin-kusto-group-private-public-cooperation-key-successful-transformation.htm controversy and the UK government’s initiative to provide up to £250 million of financial assistance to help the industry “avoid collapse.”
New limits placed on wheat exports from Kazakhstan have also received considerable media coverage. The US Agriculture Secretary Sonny Perdue recently calmed Americans fearful over bare supermarket shelves saying the U.S. food supply "is strong, resilient and safe."
“It is in these challenging times,” says Tatishev, “that we should look to those innovations that even now are transforming the sector: precision agriculture, the use of data and digital tech, as well as new irrigation methods. Indeed, at this time, agricultural projects across the globe should be looking to accelerate these innovations.”
According to Tatishev, Kusto Group has taken efforts to ensure that its employees are safe and that its supply chains are as free from disruption as possible. In total, the group has more than 30 companies with 8,000 employees.
“Our experts at Kusto Agro, and our close partners at such organizations as Valmont Industries, are working harder than ever to make agriculture resilient to external threats. Longer term, when this storm passes, we can look forward to driving more efficient production and keeping the sector competitive for the future.”
Kusto http://yerkintatishevkustogroupsiol427.over-blog.com/2020/03/yerkin-tatishev-and-daniel-kunin-of-kusto-group-on-building-an-integrated-protein-strategy-in-kazakhstan.html Group and Tatishev’s charitable contribution, corporate policies, and business initiatives demonstrate the company’s continued commitment to the economic development of Kazakhstan and its people.
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https://www.marketwatch.com/press-release/yerkin-tatishev-and-kusto-group-donate-over-2-million-to-kustohelp-charity-initiative-providing-relief-during-the-global-coronavirus-pandemic-2020-04-17?tesla=y
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Yerkin Tatishev and Kusto Group Donate Over $2 Million to #KustoHelp Charity Initiative Providing Relief During the Global Coronavirus Pandemic
Yerkin Tatishev and Kusto Group’s charitable contribution will help to mitigate the economic shock of the global coronavirus pandemic on vulnerable groups in Kazakhstan and more.
Apr 17, 2020 (The Expresswire) -- In a letter addressed to Kazakhstanis, Yerkin Tatishev, Founder and Chairman of the Board of Directors of the multisector international conglomerate Kusto Group, announced that the company would be committing 1 billion Kazakhstani Tenge (an estimated $2,340,000 USD) to its #KustoHelp charity project to support society’s most vulnerable groups amid the worldwide COVID-19 pandemic.
“This country’s leadership have taken timely and appropriate actions to prevent the spread of COVID-19 otherwise the scale of the damage would have been immeasurably larger,” wrote Tatishev about the Kazakhstani government's response to the global crisis. “These necessary measures to combat the pandemic are having a serious impact on the population and economy of our country. This crisis is affecting everyone without exception.”
#KustoHelp charity project
The charitable contribution will be used to provide support to large families, the poor and particularly impacted groups through deliveries of food and other necessary assistance in cooperation with volunteer organizations and regional governments.
The #KustoHelp charity initiative will also support medical workers in Kazakhstan by providing them with the essential tools they need to combat the viral infection and safeguard their working conditions. Beyond these key areas, #KustoHelp will cooperate and coordinate with various charitable foundations to help those in need.
Kusto Group’s headquarters is located in Singapore, but the company and its founders have strong ties to Kazakhstan.
Tatishev announced that the company would also provide further assistance to charities and organizations in the countries where Kusto Group has companies and business operations. The company has interests in agriculture, natural resources, construction, and manufacturing across Central Asia, Southeast Asia, the Middle East, Europe and North America.
In closing his announcement about the https://www.amazon.fr company’s charitable commitment, Tatishev declared:
“Now we need to consolidate the efforts of our whole society with the work of charitable organisations. It will only be by providing necessary and timely assistance, and through support for each other, that we will be able to Daniel Kunin overcome this crisis and come out of it stronger!”
COVID-19 in Kazakhstan
The COVID-19 crisis has led to severe disruptions in daily life and has had an untold, yet substantial, economic impact worldwide. Countries have had to develop comprehensive public health responses in addition to efforts to sustain and support economic health.
In the months since the Chinese government announced the appearance of the novel coronavirus, named COVID-19, in December of 2019, there have been over 2 million confirmed cases of the disease and over 137,000 deaths attributed to it.
As of April 16th, Kazakhstan has reported 1,362 confirmed cases of COVID-19 and 17 deaths from the disease. The first cases of the virus in the country were reported to have come from Europe in mid-March. The country’s government promptly declared a state of emergency, canceling public events and holidays.
By March 19th, the country’s kusto group largest cities of Nur-Sultan and Almaty were placed under quarantine. These measures were extended to additional regions that were placed under similar lockdown measures.
Kazakhstan has also provided economic and financial support to companies whose business has been impacted and working citizens who have lost income during the state of emergency.
Kusto Group’s continued commitment to Kazakhstan
Yerkin Tatishev has previously declared that innovation can help the agricultural sector, which has come under increasing pressure worldwide, weather the coronavirus crisis.
In his analysis of how vital http://yerkintatishevkustogroupsiol427.over-blog.com/2020/03/yerkin-tatishev-and-daniel-kunin-of-kusto-group-on-building-an-integrated-protein-strategy-in-kazakhstan.html the agricultural sector is to the world’s economy, Tatishev cites media scrutiny over America’s food supply where concerns over conditions faced by agricultural works have spurred controversy and the UK government’s initiative to provide up to £250 million of financial assistance to help the industry “avoid collapse.”
New limits placed on wheat exports from Kazakhstan have also received considerable media coverage. The US Agriculture Secretary Sonny Perdue recently calmed Americans fearful over bare supermarket shelves saying the U.S. food supply "is strong, resilient and safe."
“It is in these challenging times,” says Tatishev, “that we should look to those innovations that even now are transforming the sector: precision agriculture, the use of data and digital tech, as well as new irrigation methods. Indeed, at this time, agricultural projects across the globe should be looking to accelerate these innovations.”
According to Tatishev, Kusto Group has taken efforts to ensure that its employees are safe and that its supply chains are as free daniel kunin kusto group from disruption as possible. In total, the group has more than 30 companies with 8,000 employees.
“Our experts at Kusto Agro, and our close partners at such organizations as Valmont Industries, are working harder than ever to make agriculture resilient to external threats. Longer term, when this storm passes, we can look forward to driving more efficient production and keeping the sector competitive for the future.”
Kusto Group and Tatishev’s charitable contribution, corporate policies, and business initiatives demonstrate the company’s continued commitment to the economic development of Kazakhstan and its people.
Article Source:
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https://www.marketwatch.com/press-release/yerkin-tatishev-and-kusto-group-donate-over-2-million-to-kustohelp-charity-initiative-providing-relief-during-the-global-coronavirus-pandemic-2020-04-17?tesla=y
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Daniel Kunin, Managing Director of Kusto Group, on the Company, Kazakhstan and the Bright Future Ahead
Tumblr media
(Photo : Courtesy)
Kusto Group was founded by a group of Kazakh entrepreneurs led by Yerkin Tatishev in 2002. The company's earliest ventures focused on initiating reforms to turn failing businesses in their home country into profitable enterprises. Today, Kusto Group has operations across the globe in oil and gas, agriculture, construction, manufacturing and real estate.
Kusto Group: Driving growth and change
The growth and success of the multi-sector conglomerate parallels the transformation of Kazakhstan into a leading economy among emerging markets in the region and beyond.
Kusto Group's managing director, Daniel Kunin, has extensive experience working in emerging markets. As a senior advisor to the Government of Georgia for six years, he was part of an effort to introduce economic reforms that would turn the country from a failing state into an internationally rated business-friendly market. It was during this time that Kunin was first introduced to the Kusto Group team.
"We quickly became friends," he says. "What attracted me to join their project was my friendship with the owners and their genuine entrepreneurial spirit, which runs right through the business."
Since joining Kusto Group, Kunin has become an integral part of the company's leadership team and a key factor in the development and success of http://kustogroupyerkintatishevygzk423.over-blog.com many Kusto ventures.
 When Kunin came on board, the company was looking to continue to expand and diversify its international portfolio. To facilitate this growth, Kusto Group relocated its company headquarters to Singapore.
"We had previously successfully built businesses and investments in Southeast Asia prior to the move, notably in Vietnam - but we felt that moving there would open us up to larger and more diverse markets and opportunities," says Kunin on the company's relocation. "Singapore is obviously in and of itself a thriving financial centre too, which we felt would give us greater access to capital markets."
Seizing new investment opportunities
In 2014, Kunin helped lead Kusto Group's acquisition of Israeli paint giant, Tambour. This purchase of an already established and market-leading company was a first for the company.
"It's fair to say that buying Tambour was a new step for us," Kunin acknowledges, "but I wouldn't call it a change in strategy, per se - more a recognition that as we grow, we're becoming involved in larger and larger transactions. Kusto Group's investment strategy is founded upon entrepreneurship that is also opportunistic - that doesn't necessarily have to be acquisitions - but it is almost always about transformation. Today, Tambour looks very different from when we acquired it - not only has it grown it is also more focused. I expect it to look different in five years' time as well as we continue transforming and growing it."
Kusto Group continues its goal of transforming Tambour from a national champion into a global leader in the paint industry. And while the company is not currently seeking out opportunities similar to the Tambour acquisition, Kunin doesn't rule out the possibility. Today, Daniel Kunin the company has leveraged joint ventures and partnerships as a way to achieve effective growth.
"We've recently launched some very exciting projects with US agricultural leaders to bring cutting-edge technology to Kazakhstan and the figures involved in those ventures are even larger than the size of the Tambour deal. These are transformative projects, and that's what makes them so exciting."
Kazakhstan's watershed moment
 Even though Kusto Group's success has given it a more global perspective, the company remains committed to its roots and the country of Kazakhstan. Through its agricultural operations in the country, Kusto Group aims to be part of Kazakhstan's ascendance as a global leader in agriculture. Kunin believes that this will be possible through the introduction of innovative technologies that have the potential to improve yields, effectively manage natural resources, improve sustainability and bring new jobs to the country.
"Our recent projects with Tyson Foods, Valmont Corporation and others to bring state-of-the-technology to Kazakhstan are, as the Kazakh Prime Minister Askar Mamin himself has said, a major step forward for the country. They bring jobs, know-how, increased efficiency, better yields, enhanced predictability and, perhaps most importantly, a commitment to sustainability that is fundamental for agriculture to succeed. By better managing and using water for example, not only do crop yields have better performance, but the entire resource is better utilised. The future in agriculture is all about sustainability and if this is not on the top of the list, this business cannot succeed.
"Kazakhstan is already a major exporter of wheat - a legacy of the Soviet period - and the next step is to diversify crop exports and expand and develop Kazakhstan's protein production, particularly beef and lamb. What is required is capital, hard work and entrepreneurs who are willing to deploy it effectively. That's where we come in, together with our partners and the other stakeholders."
youtube
Kazakhstan has a rich heritage of agriculture, strategic geographic location, and a wealth of land resources. According to Kunin, these foundational elements paired https://www.crunchbase.com/organization/kusto-group with the newest technology and industry best practices will enable the country to achieve its agricultural potential.
"Precision agriculture, which we're championing in Kazakhstan, helps to cut down on water jpost.com/special-content/tsinandali-festival-brings-cultural-flavor-to-georgia-israel-relations-601731 use and doesn't deplete the land in the way that mechanised agriculture elsewhere does. Kazakhstan's natural advantage of land also means its more sustainable. No forests need to be cut down to support agriculture in Kazakhstan! Rather, the culture has a unique strength in land management, animal husbandry and sustainable practices towards nature," says Kunin.
"As our agriculture efforts demonstrate, the signs are positive that international investors are placing their trust in the country," he says. "In my experience, emerging economies discover there is a threshold they need to cross before investors will place their capital in the country long-term. This requires institutional maturity in the country's governance structures and a predictability around the rule of law that comes http://yerkintatishevkustogroupeiud876.over-blog.com/2020/03/yerkin-tatishev-and-daniel-kunin-of-kusto-group-on-building-an-integrated-protein-strategy-in-kazakhstan.html after long periods of stability. Kazakhstan has reached that stage. It is now the stand-out leader in this neighbourhood."
Sustaining Kusto Group's expansion and success
Daniel Kunin believes the key to sustaining Kusto Group's success lies in selecting the right people and making bold, but calculated investment decisions. The company has made internal employee training and improving communication a priority.
According to Kunin, "The Kusto culture, which is to seek out and seize opportunities without fear of failure, is consistent across the business thanks to the excellent people that lead and operate it. It also means people who are not afraid to make decisions, to take calculated risks and to believe in themselves, but people who are comfortable with some uncertainty, people who enjoy challenges, and people who know how to work in a team."
As Kusto Group and Kunin look to the next decade, the company continues to look for the next opportunity while maintaining its strategies of embracing new technologies and focusing on long-term growth.
"You never know what might be around the corner; that's always been the Kusto way and it's why I'm here," says Kunin. "We're lucky that we can take a medium to long-term view on our investments. When you're not required to perform based on quarterly results, you can afford to make larger, more complicated investments with larger rewards over the longer term. That suits us. It may sound like a cliché, but Kusto is all about long term value creation, establishing sustainable retained earnings, reinvestment and constant growth - rather than quick or timed exits."
Article Source:
https://www.sciencetimes.com/articles/24984/20200309/daniel-kunin-managing-director-kusto-group-company-kazakhstan-bright-future.htm
0 notes
Daniel Kunin, Managing Director of Kusto Group, on the Company, Kazakhstan and the Bright Future Ahead
Tumblr media
(Photo : Courtesy)
Kusto Group was founded by a group of Kazakh entrepreneurs led by Yerkin Tatishev in 2002. The company's earliest ventures focused on initiating reforms to turn failing businesses in their home country into profitable enterprises. Today, Kusto Group has operations across the globe in oil and gas, agriculture, construction, manufacturing and real estate.
Kusto Group: Driving growth and change
The growth and success of the multi-sector conglomerate parallels the transformation of Kazakhstan into a leading economy among emerging markets in the region and beyond.
Kusto Group's managing director, Daniel Kunin, has extensive experience working in emerging markets. As a senior advisor to the Government of Georgia for six years, he was part of an effort to introduce economic reforms that would turn the country from a failing state into an internationally rated business-friendly market. It was during this time that Kunin was first introduced to the Kusto Group team.
"We quickly became friends," he says. "What attracted me to join their project was my friendship with the owners and their genuine entrepreneurial spirit, which runs right through the business."
Since joining Kusto Group, Kunin has become an integral part of the company's leadership team and a key factor in the development and success of many Kusto ventures.
 When Kunin came on board, the company was looking to continue to expand and diversify its international portfolio. To facilitate this growth, Kusto Group relocated its company headquarters to Singapore.
"We had previously successfully built businesses and investments in Southeast Asia prior to the move, notably in Vietnam - but we felt that moving there would open us up to larger and more diverse markets and opportunities," says Kunin on the company's relocation. "Singapore is obviously in and of itself a thriving financial centre too, which we felt would give us greater access to capital markets."
Seizing new investment opportunities
In 2014, Kunin helped lead Kusto Group's acquisition of Israeli paint giant, Tambour. This purchase of an already established and market-leading company was a first for the company.
"It's fair to say that buying Tambour was a new step for us," Kunin acknowledges, "but I wouldn't call it a change in strategy, per se - more a recognition that as we grow, we're becoming involved in larger and larger transactions. Kusto Group's investment strategy is founded upon entrepreneurship that is also opportunistic - that doesn't necessarily have to be acquisitions - but it is almost always about transformation. Today, Tambour looks very different from when we acquired it - not only has it grown it is also more focused. I expect it to look different in five years' time as well as we continue transforming and growing it."
Kusto Group continues its goal of transforming Tambour from a national champion into a global leader in the paint industry. And while the company is not currently seeking out opportunities similar to the Tambour acquisition, Kunin doesn't rule out the possibility. Today, the company http://daniel-kunin.com/ has leveraged joint ventures and partnerships as a way to achieve effective https://5dff37394901b.site123.me/ growth.
"We've recently launched some very exciting projects with US agricultural leaders to bring cutting-edge technology to Kazakhstan and the figures involved in those ventures are even larger than the size of the Tambour deal. These are transformative projects, and that's what makes them so exciting."
Kazakhstan's watershed moment
 Even though Kusto Group's success has given it a more global perspective, the company remains committed to its roots and the country of Kazakhstan. Through its agricultural operations in the country, Kusto Group aims to be part of Kazakhstan's ascendance as a global leader in agriculture. Kunin believes that this will be possible through the introduction of innovative technologies that have the potential to improve yields, effectively manage natural resources, improve sustainability and bring new jobs to the country.
"Our recent projects with Tyson Foods, Valmont Corporation and others to bring state-of-the-technology to Kazakhstan are, as the Kazakh Prime Minister Askar Mamin himself has said, a major step forward for the country. They bring jobs, know-how, increased efficiency, better yields, enhanced predictability and, perhaps most importantly, a commitment to sustainability that is fundamental for agriculture to succeed. By better managing and using water for example, not only do crop yields have better performance, but the entire resource is better utilised. The future in agriculture is all about sustainability and if this is not on the top of the list, this business cannot succeed.
"Kazakhstan is already a major exporter of wheat - a legacy of the Soviet period - and the next step is to https://www.owler.com/company/kustogroup diversify crop exports and expand and develop Kazakhstan's protein production, particularly beef and lamb. What is required is capital, hard work and entrepreneurs who are willing to deploy it effectively. That's where we come in, together with our partners and the other stakeholders."
Kazakhstan has a rich heritage of agriculture, strategic geographic location, and a wealth of land resources. According to Kunin, these foundational elements paired with the newest technology and industry best practices will enable the country to achieve its agricultural potential.
"Precision agriculture, which we're championing in Kazakhstan, helps to cut down on water use and doesn't deplete the land in the way that mechanised agriculture elsewhere does. Kazakhstan's natural advantage of land also means its more sustainable. No forests need to be cut down to support agriculture in Kazakhstan! Rather, the culture has a unique strength in land management, animal husbandry and sustainable practices towards nature," says Kunin.
"As our agriculture efforts demonstrate, the signs are positive that international investors are placing their trust in the country," he says. "In my experience, emerging economies discover there is a threshold they need to cross before investors will place their capital in the country long-term. This requires institutional maturity in the country's governance structures and a predictability around the rule of law that comes after long periods of stability. Kazakhstan has reached that stage. It is now the stand-out leader in this neighbourhood."
Sustaining Kusto Group's expansion and success
Daniel Kunin believes the key to sustaining Kusto Group's success lies in selecting the right people and making bold, but calculated investment decisions. The company has made internal employee training and improving communication a priority.
According to Kunin, "The Kusto culture, which is to seek out and seize opportunities without fear of failure, is consistent across the business thanks to the excellent people that lead and operate it. It also means people who are not afraid to make decisions, to take calculated risks and to believe in themselves, but people who are comfortable with some uncertainty, people who enjoy challenges, and people who know how to work in a team."
As Kusto Group and Kunin look to the next decade, the company continues to look for the next opportunity while maintaining its strategies of embracing new technologies and focusing on long-term growth.
"You never know what might be around the corner; that's always been the Kusto way and it's why I'm here," says Kunin. "We're lucky that we can https://www.zoominfo.com/pic/kusto-group-inc/348382158 take a medium to long-term view on our investments. When you're not required to perform based on quarterly results, you can afford to make larger, more complicated investments with larger rewards over the longer term. That suits us. It Daniel Kunin may sound like a cliché, but Kusto is all about long term value creation, establishing sustainable retained earnings, reinvestment and constant growth - rather than quick or timed exits."
youtube
Article Source:
https://www.sciencetimes.com/articles/24984/20200309/daniel-kunin-managing-director-kusto-group-company-kazakhstan-bright-future.htm
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Daniel Kunin of Kusto Group Discusses the Company, Investment Strategy and Fostering Sustainable Growth
Daniel Kunin of Kusto Group Discusses the Company, Investment Strategy and Fostering Sustainable Growth
Tumblr media
youtube
  (Photo : Courtesy)
Before joining Kusto Group, Daniel Kunin served as a senior advisor to the Government of Georgia during a time of transition from failed state to emerging economy. It was in this position that Kunin was introduced to the Kusto Group team.
"We quickly became friends," says Kunin of Kusto's administration. "What attracted me to join their project was my friendship with the owners and their Daniel Kunin genuine entrepreneurial spirit, which runs right through the business."
Kusto Group's global perspective
Soon after joining the company as a managing director, Kunin helped initiate and spearhead the process of moving Kusto Group's headquarters to Singapore. The company had already established numerous ventures in the Southeast Asian region and the new location afforded the company a renewed global perspective that could potentially open up the company to larger and more diverse markets
"Singapore is obviously in and of itself a thriving financial centre too, which we felt would give us https://yerkintatishevhtai383.skyrock.com greater access to capital markets."
The next challenge for Kunin came when Kusto Group continued its global expansion with the purchase of Israeli paint manufacturer, Tambour, in 2014. The move of buying an established, leading market https://newstral.com/en/article/en/1146344266/yerkin-tatishev-and-daniel-kunin-of-kusto-group-on-building-an-integrated-protein-strategy-in-kazakhstan competitor was a bit out of character for the company which had grown by reforming daniel kunin kusto group existing businesses into profitable ventures.
  Yet, Kunin insists the company's acquisition of Tambour was not a change of strategy but rather an opportunity that was recognized and acted upon.
According to Kunin, "Kusto Group's investment strategy is founded upon entrepreneurship that is also opportunistic - that doesn't necessarily have to be acquisitions - but it is almost always about transformation. Today, Tambour looks very different from when we acquired it - not only has it grown it is also more focused. I expect it to look different in five years as well as we continue transforming and growing it."
Tumblr media
(Photo : Courtesy) Daniel Kunin, a managing director of Kusto Group, is enthusiastic about the company's upcoming projects and initiatives.
 Kusto Group's efforts to modernize Kazakhstan's protein industry
Kunin is enthusiastic about Kusto Group's latest project to implement an integrated protein strategy in the company's native Kazakhstan. The country, supported by the government, has initiated a process of diversifying its economy. Kazakhstan has long been dependent on the extraction sector to sustain its economy, making it vulnerable to market shifts.
For its part, Kusto Group has concentrated its efforts on transforming Kazakhstan into a global leader in agriculture. The company has been party to several public and private partnerships aimed at introducing the newest technologies and best practices employed kusto group by leading American companies to Kazakhstan.
"Our recent projects with Tyson Foods, Valmont Corporation and others to bring state-of-the-technology to Kazakhstan are, as the Kazakh Prime Minister Askar Mamin himself has said, a major step forward for the country. They bring jobs, know-how, increased efficiency, better yields, enhanced predictability and, perhaps most importantly, a commitment to sustainability that is fundamental for agriculture to succeed. By better managing and using water for example, not only do crop yields have better performance, but the entire resource is better utilised. The future in agriculture is all about sustainability and if this is not on the top of the list, this business cannot succeed.
"Kazakhstan is already a major exporter of wheat - a legacy of the Soviet period - and the next step is to diversify crop exports and expand and develop Kazakhstan's protein production, particularly beef and lamb. What is required is capital, hard work and entrepreneurs who are willing to deploy it effectively. That's where we come in, together with our partners and the other stakeholders."
Embracing new technologies
Kunin believes that these new technologies are key to enabling Kazakhstan to achieve its agricultural potential, which is essential for the future of Kazakhstan and Kusto Group.
"Precision agriculture, which we're championing in Kazakhstan, helps to cut down on water use and doesn't deplete the land in the way that mechanised agriculture elsewhere does," says Kunin. "Kazakhstan's natural advantage of land also means its more sustainable. No forests need to be cut down to support agriculture in Kazakhstan! Rather, the culture has a unique strength in land management, animal husbandry and sustainable practices towards nature."
Foreign direct investment in Kazakhstan has increased in recent years and the country has risen on the World Bank's Ease of Doing Business Index to a ranking of 28th. Kunin says that all of these factors indicated that Kazakhstan is experiencing a critical moment as an emerging economy.
"As our agriculture efforts demonstrate, the signs are positive that international investors are placing their trust in the country," he says. "In my experience, emerging economies discover there is a threshold they need to cross before investors will place their capital in the country long-term. This requires institutional maturity in the country's governance structures and a predictability around the rule of law that comes after long periods of stability. Kazakhstan has reached that stage. It is now the stand-out leader in this neighbourhood."
Looking to the future
Kunin and Kusto Group are constantly looking to the future for the next investment opportunity on the horizon.
 "You never know what might be around the corner; that's always been the Kusto way and it's why I'm here," he says. "We're lucky that we can take a medium to long-term view on our investments. When you're not required to perform based on quarterly results, you can afford to make larger, more complicated investments with larger rewards over the longer term. That suits us. It may sound like a cliché, but Kusto is all about long term value creation, establishing sustainable retained earnings, reinvestment and constant growth - rather than quick or timed exits."
According to Kunin, Kusto Group is a company that has sought to maximize its value through long-term investment decisions. Kusto's rapid growth, its methods of embracing new technologies and its focus on investing in its people make the company one to watch now and into the future.
Article Source:
https://www.newseveryday.com/articles/64428/20200310/daniel-kunin-kusto-group-discusses-company-investment-strategy-fostering-sustainable.htm
0 notes
Daniel Kunin of Kusto Group Discusses the Company, Investment Strategy and Fostering Sustainable Growth
Daniel Kunin of Kusto Group Discusses the Company, Investment Strategy and Fostering Sustainable Growth
Tumblr media
  (Photo : Courtesy)
youtube
Before Daniel Kunin joining Kusto Group, Daniel Kunin served as a senior advisor to the Government of Georgia during a time of transition from failed state to emerging economy. It was in this position that Kunin was introduced to the Kusto Group team.
"We quickly became friends," says Kunin of Kusto's administration. "What attracted me to join their project was my friendship with the owners and their genuine entrepreneurial spirit, which runs right through the business."
Kusto Group's global perspective
Soon after joining the company as a managing director, Kunin helped initiate and spearhead the process of moving Kusto Group's headquarters to Singapore. The company had already established numerous ventures in the Southeast Asian region and the new location afforded the company a renewed global perspective that could potentially open up the company to larger and more diverse markets
"Singapore is obviously in and of itself a thriving financial centre too, which we felt would give us greater access to capital markets."
The next challenge for Kunin came when Kusto Group continued its global expansion with the purchase of Israeli paint manufacturer, Tambour, in 2014. The move of buying an established, leading market competitor was a bit out of character for the company which had grown by reforming existing businesses into profitable ventures.
  Yet, Kunin insists the company's acquisition of Tambour was not a change daniel kunin kusto group of strategy but rather an opportunity that was recognized and acted upon.
According to Kunin, "Kusto Group's investment strategy is founded upon entrepreneurship that is also opportunistic - that doesn't necessarily have to be acquisitions - but it is almost always about transformation. Today, Tambour looks very different from when we acquired it - not only has it grown it is also more focused. I expect it to look different in five years as well as we continue transforming and growing it."
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(Photo : Courtesy) Daniel Kunin, a managing director of Kusto Group, is enthusiastic about the company's upcoming projects and initiatives.
 Kusto Group's efforts to modernize Kazakhstan's protein industry
Kunin is enthusiastic about Kusto Group's latest project to implement an integrated protein strategy in the company's native Kazakhstan. The country, supported by the government, has initiated a process of diversifying its economy. Kazakhstan has long been dependent on the extraction sector to sustain its economy, making it vulnerable to market shifts.
For its part, Kusto Group has concentrated its efforts on transforming Kazakhstan into a global leader in agriculture. The company has been party to several public and private partnerships aimed at introducing the newest technologies and best practices employed by leading American companies to Kazakhstan.
"Our recent projects with Tyson Foods, Valmont Corporation and others to bring state-of-the-technology to Kazakhstan are, as the Kazakh Prime Minister Askar Mamin himself has said, a major step forward for the country. They bring jobs, know-how, increased efficiency, better yields, enhanced predictability and, perhaps most importantly, a commitment to sustainability that is fundamental for agriculture to succeed. By better managing and using water for example, not only do https://newstral.com crop yields have better performance, but the entire resource is better utilised. The future in agriculture is all about sustainability and if this is not on the top of the list, this business cannot succeed.
"Kazakhstan is already kusto group a major exporter of wheat - a legacy of https://yerkintatishevhtai383.skyrock.com the Soviet period - and the next step is to diversify crop exports and expand and develop Kazakhstan's protein production, particularly beef and lamb. What is required is capital, hard work and entrepreneurs who are willing to deploy it effectively. That's where we come in, together with our partners and the other stakeholders."
Embracing new technologies
Kunin believes that these new technologies are key to enabling Kazakhstan to achieve its agricultural potential, which is essential for the future of Kazakhstan and Kusto Group.
"Precision agriculture, which we're championing in Kazakhstan, helps to cut down on water use and doesn't deplete the land in the way that mechanised agriculture elsewhere does," says Kunin. "Kazakhstan's natural advantage of land also means its more sustainable. No forests need to be cut down to support agriculture in Kazakhstan! Rather, the culture has a unique strength in land management, animal husbandry and sustainable practices towards nature."
Foreign direct investment in Kazakhstan has increased in recent years and the country has risen on the World Bank's Ease of Doing Business Index to a ranking of 28th. Kunin says that all of these factors indicated that Kazakhstan is experiencing a critical moment as an emerging economy.
"As our agriculture efforts demonstrate, the signs are positive that international investors are placing their trust in the country," he says. "In my experience, emerging economies discover there is a threshold they need to cross before investors will place their capital in the country long-term. This requires institutional maturity in the country's governance structures and a predictability around the rule of law that comes after long periods of stability. Kazakhstan has reached that stage. It is now the stand-out leader in this neighbourhood."
Looking to the future
Kunin and Kusto Group are constantly looking to the future for the next investment opportunity on the horizon.
 "You never know what might be around the corner; that's always been the Kusto way and it's why I'm here," he says. "We're lucky that we can take a medium to long-term view on our investments. When you're not required to perform based on quarterly results, you can afford to make larger, more complicated investments with larger rewards over the longer term. That suits us. It may sound like a cliché, but Kusto is all about long term value creation, establishing sustainable retained earnings, reinvestment and constant growth - rather than quick or timed exits."
According to Kunin, Kusto Group is a company that has sought to maximize its value through long-term investment decisions. Kusto's rapid growth, its methods of embracing new technologies and its focus on investing in its people make the company one to watch now and into the future.
Article Source:
https://www.newseveryday.com/articles/64428/20200310/daniel-kunin-kusto-group-discusses-company-investment-strategy-fostering-sustainable.htm
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Kusto Group Invests in Israeli Innovation Incubator
Yerkin Tatishev’s Kusto Group Invests in Israeli Incubator Initiative to Transform Innovative Ideas into Reality
 The Kusto Group and its company chairman Yerkin Tatishev have long held the philosophy of using innovation, collaboration and education to establish a framework for success and growth. The company’s participation in a new Israeli innovation incubator reflects its foundation's cornerstones and may potentially affect how we work and live.
Tambour, a renowned Israeli paint manufacturer, is an integral division of Kusto Group, a Singapore-based multi-sector conglomerate. Daniel Kunin, a Managing Director of Kusto Group, oversaw its acquisition in 2014. Kusto Group, through its Tambour division, joins Indian IT giant WIPRO and a series of Israeli companies including Keter Plastics, Klil, Trellidor and Flying Cargo to build a technology innovation incubator in the periphery of Israel.
Kusto Group, and its founder Yerkin Tatishev, are known for innovative ventures in oil and gas, agriculture, construction, and real estate. The vision behind the Israeli incubator initiative is to create a world-class leading technology and entrepreneurial center working in synergy with the already-active Galilee Accelerator in the region. The project will provide a framework so that new concepts can be developed, entrepreneurs are given critical resources, and additional employment opportunities are available in peripheral regions of Israel.
“Kusto Group’s investments in Israel through Tambour have already had a noticeable impact in many parts of the economy,” said Tambour Chairman Max Sartiev, praising the boosting effect the incubator has already had on the local economy. “By supporting start-ups via this incubator, Kusto is helping to provide more well-paid, highly skilled jobs in peripheral regions and support the entrepreneurship that will sustain lasting growth.”
Kusto Group Investment Participation
The project will also be executed in collaboration with the Manufacturer’s Association of Israel, the Israel Innovation Authority, the Municipality of Karmiel and the Ministry of Economy and Industry. Kusto Group has a well-established approach of partnering with extraordinary businesses and this Israeli start-up incubator is another example of such an investment. The incubator will be an asset to each investing company, transforming the way they communicate, share resources, and improve technical advances, all while increasing social and human capital in the companies and the communities near and around the incubator.
Daniel Kunin described how Kusto’s investment in the Israeli innovation incubator fits the company’s broader investment approach.
“At Kusto, we see every day how new technologies are changing the game in industries across the board. By incubating these technologies and providing guidance, we can help the next generation of entrepreneurs realize the transformative potential of the Fourth Industrial Revolution. We’re expanding our investments in innovative technologies all over the world: The incubator in Karmiel is just the latest, exciting example.”
Kusto Group has an established history of partnering with exceptional businesses to support innovative technology and best practices in Tatishev’s native Kazakhstan and around the world. Kusto has been actively involved in modernizing the agriculture sector in Kazakhstan and has established a thriving agribusiness in Ukraine.
 The company’s international operations also include supplying high-quality building materials to the booming Vietnamese construction industry. In addition, they have worked to bring groundbreaking engineering processes to the mining industry across Central Asia and Canada. Tatishev, who believes people are the strength of an organization, actively invests in the education of his employees; offering managerial and professional development training within the organization.
Israel: Start-up Nation
Israel has the ideal climate for such an approach to global startups and high-tech companies that develop innovative concepts into commercial products. Israel has been dubbed the ‘startup nation’ with more startups per capita than any other nation. The country’s culture and society value creativity, resourcefulness and ingenuity. Innovation has become an export giving a lucrative economic boon to this small Mediterranean country.
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Israel also has a highly skilled workforce which gives the country an additional benefit of human capital. Dozens of innovation incubators have already been established across Israel impacting many sectors including technology, finance, operational and administrative support. The goal of these incubators is to provide startups that have developed innovative concepts with resources that will help them thrive financially and become viable on their own.
Winners of the competitive start-up incubator program will be awarded a grant of up to 500,000 shekels ($142,500 USD) per year during the concession period, and incubator companies will be eligible for a grant of up to a million shekels ($285,000 US).
Unique Northern Israeli Incubator
The incubator initiative supported by Kusto Group has the potential to transform how technology is used Daniel Kunin in manufacturing and industry across the globe. The project is inspired by the Fourth Industrial Revolution, which explores artificial intelligence, virtual reality, nanotechnology, kusto group augmented reality, and the Internet of Things, and the application of these technologies to the manufacturing and industrial sector. Other Fourth Industrial Revolution areas to be explored include 3-D printing, biotechnology and quantum computing.
This Israeli incubator is unique in several ways. It is a collaboration of industry businesses, educational institutions and public government entities. Land for the facility https://kustogrouptatishevjkze583.hatenablog.com/ has been provided by the Municipality of Karmiel. The ORT Braude College of Engineering will also participate in the incubator, providing members with access to technology labs and professional and technological guidance from its professors. Additionally, students attending the college will be able to take advantage of participation in incubator projects while gaining experience and earning credit towards their degree requirements.
Committed to Innovation
Investment in the innovative incubator is another example of the Kusto Group’s commitment to embracing social capital, fostering its creativity and innovation potential. Groundbreaking technology development, along with supporting the educational growth and development of young people, is part and portion http://www.mylocalbbb.org/the-trick-of-yerkin-tatishev-that-no-one-is-speaking-about/ of Tatishev’s vision. Tambour and Kusto Group are proud to join this alliance of international and Israeli companies that are working to transform innovative ideas into reality.
“This effort is an example of the power of cooperation between industries, students, government entities, and startups,” says Sartiev. “Through my own experiences and in my work at the Kusto Group, I truly believe that teamwork and education are the most important elements in achieving daniel kunin kusto group success. Tambour and Kusto Group are proud to be members of this alliance, helping to transform innovative ideas into reality.”
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Yerkin Tatishev’s Kusto Group
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Yerkin Tatishev and Daniel Kunin of Kusto Group on Building an Integrated Protein Strategy in Kazakhstan
Kusto Group aims to translate its own success into a booming agribusiness industry across Kazakhstan. Yerkin Tatishev, Chairman of the Board of Directors of Kusto Group, has a dream to modernize and expand the meat production industry in Kazakhstan. Daniel Kunin, a managing director at Kusto Group says, this effort “requires long-term thinking, strategic planning, intensive stakeholder mapping and understanding, and the creation of a network of inter-linked partnerships that are both joint ventures but also intensive public-private partnerships.”
The Singapore-based company founded by a group of young Kazakh entrepreneurs has a vision of producing enough meat produced in the region to feed the country in addition to exporting products to nearby nations and beyond. Through strategic partnerships with international firms and investors, the introduction of innovative technologies and a commitment to all levels of the value chain, Kusto Group aims to make this vision a reality.
 Tatishev and Kusto aspire to add quality to both the production process and meat products, whether it be beef, lamb, chicken, or pork. While pork may not be in demand locally due to different eating habits, the market for export is blossoming.
Kazakhstan currently produces around $1800 thousand tons of meat per year which is consumed within the country. Chicken is also imported to cover domestic demand. Tatishev explains, “Kazakhstan’s production potential in this area is estimated at about 10 million tons per year. Valued at around $30-40 billion! This income is comparable to our oil industry, which today returns about $40-50 billion a year.”
Raising Quality Standards Across The Industry
Kazakhstan’s agriculture segment is undeveloped, especially in the meat industry according to Tatishev and Kunin. The country has a unique opportunity to become a producer of high-quality protein without the addition of antibiotics. This type of protein is currently in high demand across markets and increasing worldwide.
This class of protein that Kusto Group intends to produce cannot be deemed “organic” by American standards, but it can be classified as “natural”. It carries a higher price tag because of this designation. There is a growing school of thought that deems unnatural products unhealthy, especially for the young, and the market demonstrates that consumers are ready to pay more for quality and safety.
Tatishev and Kunin have asserted that Kazakhstan has a real opportunity to become one of the top $15 producers of high-quality protein in daniel kunin kusto group the world. Kusto Group’s numerous partnerships with American firms demonstrate that they are not alone in their confidence in the country’s potential.
Kazakhstan has all Daniel Kunin the necessary ingredients to follow an American-style development of livestock husbandry. This development style utilizes a fattening diet based on non-GMO read more corn and soy.
The warmer climates of Brazil and Argentina force those countries to use grass-fed production, antibiotics, and other methods to grow livestock. The meat produced in these countries is economy-class meat. Tatishev believes that in Kazakhstan, there is an opportunity to develop an industry virtually from scratch that will provide premium-quality meat and make the country a world leader in the agriculture industry.
 Yerkin Tatishev, center, Daniel Kunin, third from the left, and members of Kusto Group visit a farming operation in the United States
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Building on Success
The Kusto Group’s livestock division in Kazakhstan, Kazbeef, become the largest producer of high-quality beef in the country in the past year. The company’s operations also include KazSeed, a producer of feed crops. Both KazBeef and KazSeed have developed partnerships with specialists from the United States who support their operations.
The newest partnership for Kusto Group is a project with Tyson Fresh Foods, a division of the food production giant Tyson Foods, in association with the Government of Kazakhstan to build a high-tech meat processing facility in Kazakhstan. The partnership represents the largest business deal in the agricultural sector since the country’s independence.
 In addition to the Tyson deal, Kusto Group has entered into a joint venture with Nebraska-based Valmont Industries, the largest producer of precision irrigation system equipment. The new manufacturing facility they plan to collaborate on will be located in the center or northern region of Kazakhstan where the primary need for such irrigation systems is located.
KazBeef is committed to using modern technology and best practices in all levels of operation with the bdaily.co.uk/articles/2018/10/22/forbes-kazakhstan-on-yerkin-tatishevs-diamond-island-project goal of producing 6 thousand tons of high-quality beef in a year. The demand for protein of this quality currently far exceeds the supply in both domestic and foreign markets, meaning there is no ceiling for growth.
Tatishev says, “Even in Kazakhstan, we are capable of producing much more than we produce now. Currently, all of our products are delivered domestically.” He continues with, “The Chinese recently came to us and offered a contract for 100 thousand tons of meat per year.” This market is huge, and they are interested in high-quality meat, which is a growing trend in the middle class and a trend across the world.
An Industry Transformed
Kusto Group kusto group conforms to the philosophy that in Kazakhstan, growth in the agricultural field needs to begin at the foundational level. Development takes time. Breeding stock needed to be established and restored. Improving genetics continues to be a focus for KazBeef. They have established its breeding stock by importing pedigreed cattle from the United States and now are working to increase this population.
High-yield, quality feed for livestock is also crucial. It is necessary to expand the production of corn, soybeans, and alfalfa. This must work in conjunction with adapting these crops to the climate of Kazakhstan. All this takes time.
According to Tatishev, this industry is being transformed right now. Kazakhstan has been limited by its level of food security, only producing what can feed the population right now. In reality, Kazakhstan can feed itself and many others around the world.
The changes are renewable and will not run out if managed with a competent approach. Fossil fuels are finite, running out and limited. There is no limit on land and water and, using the right technology and best practices, sustainable development is ensured. A strong animal husbandry sector will support a greater number of farms and employ hundreds of thousands of workers.
Article Source:
https://ceoworld.biz/2020/02/23/yerkin-tatishev-and-daniel-kunin-of-kusto-group-on-building-an-integrated-protein-strategy-in-kazakhstan/
0 notes
Yerkin Tatishev and Daniel Kunin of Kusto Group on Building an Integrated Protein Strategy in Kazakhstan
Kusto Group aims to translate its own success into a booming agribusiness industry across Kazakhstan. Yerkin Tatishev, Chairman of the Board of Directors of Kusto Group, has a dream to modernize and expand the meat production industry in Kazakhstan. Daniel Kunin, a managing director at Kusto Group says, this effort “requires long-term thinking, strategic planning, intensive stakeholder mapping and understanding, and the creation of a network of inter-linked partnerships that are both joint ventures but also intensive public-private partnerships.”
The Singapore-based company founded by a group of young Kazakh entrepreneurs has a vision of producing enough meat produced in the region to feed the country in addition to exporting products to nearby nations and beyond. Through strategic partnerships with international firms and investors, the introduction of innovative technologies and a commitment to all levels of the value chain, Kusto Group aims to make this vision a reality.
 Tatishev and Kusto aspire to add quality to both the production process and meat products, whether it be beef, lamb, chicken, or pork. While pork may not be in demand locally due to different eating habits, the market for export is blossoming.
Kazakhstan currently produces around $1800 thousand tons of meat per year which is consumed within the country. Chicken is also imported to cover domestic demand. Tatishev explains, “Kazakhstan’s production potential in this area is estimated at about 10 million tons per year. Valued at around $30-40 billion! This income is comparable to our oil industry, which today returns about $40-50 billion a year.”
Raising Quality Standards Across The Industry
Kazakhstan’s agriculture segment is undeveloped, especially in the https://bdaily.co.uk meat industry according to Tatishev and Kunin. The country has a unique opportunity to become a producer of high-quality protein without the addition of antibiotics. This type of protein is currently in high demand across markets and increasing worldwide.
This class of protein that Kusto Group intends to produce cannot be deemed “organic” by American standards, but it can be classified as “natural”. It carries a higher price tag because of this designation. There is a growing school of thought that deems unnatural products unhealthy, especially for the young, and the market demonstrates that consumers are ready to pay more for quality and safety.
Tatishev and Kunin have asserted that Kazakhstan has a real opportunity daniel kunin kusto group to become one of the top $15 producers of high-quality protein in the world. Kusto Group’s numerous partnerships with American firms demonstrate that they are not alone in their confidence in the country’s potential.
Kazakhstan has all the necessary ingredients to follow an American-style development of livestock husbandry. This development style utilizes a fattening diet based on non-GMO corn and soy.
The warmer climates of Brazil and Argentina force those countries to use grass-fed production, antibiotics, and other methods to grow livestock. The meat produced in these countries is economy-class meat. Tatishev believes that in Kazakhstan, there is an opportunity to develop an industry virtually from scratch that will provide premium-quality meat and make the country a world leader in the agriculture industry.
 Yerkin Tatishev, center, Daniel Kunin, third from the left, and members of Kusto Group visit a farming operation in the United States
Building on Success
The Kusto Group’s livestock division in Kazakhstan, Kazbeef, become the largest producer of high-quality beef in the country in the past year. The company’s operations also include KazSeed, a producer of feed crops. Both KazBeef and KazSeed have developed partnerships with specialists from the United States who support their operations.
The Daniel Kunin newest partnership for Kusto Group is a project with Tyson Fresh Foods, a division of the food production giant Tyson Foods, in association with the Government of Kazakhstan to build a high-tech meat processing facility in Kazakhstan. The partnership represents the largest business deal in the agricultural sector since the country’s independence.
 In addition to the Tyson deal, Kusto Group has kusto group entered into a joint venture with Nebraska-based Valmont Industries, the largest producer of precision irrigation system equipment. The new manufacturing facility they plan to collaborate on will be located in the center or northern region of Kazakhstan where the primary need for such irrigation systems is located.
KazBeef is committed to using modern technology and best practices in all levels of operation with the goal of producing 6 thousand tons of high-quality beef in a year. The demand for protein of this quality currently far exceeds the supply in both domestic and foreign markets, meaning there is no ceiling for growth.
Tatishev says, “Even in Kazakhstan, we are capable of producing much more than we produce now. Currently, all of our products are delivered domestically.” He continues with, “The Chinese recently came to us and offered a contract for 100 thousand tons of meat per year.” This market is huge, and they are interested in high-quality meat, which is a growing trend in the middle class and a trend across the world.
An Industry Transformed
Kusto Group conforms to the philosophy that in Kazakhstan, growth in the agricultural field needs to begin at the foundational level. Development takes time. Breeding stock needed to be established and restored. Improving genetics continues to be a focus for KazBeef. They have established its breeding stock by importing pedigreed cattle from the United States and now are working to increase this population.
High-yield, quality feed for livestock is also crucial. It is necessary to expand the production of corn, soybeans, and alfalfa. This must work in conjunction with adapting these crops to the climate of Kazakhstan. All this takes time.
According to Tatishev, this industry is being transformed right now. Kazakhstan has been limited by its level of food security, only producing what can feed the population right now. In reality, Kazakhstan can feed itself and many others around the world.
The changes are renewable and will not run out if managed with a competent approach. Fossil fuels are finite, running out and limited. There is no limit on land and water and, using the right technology and best practices, sustainable development is ensured. A strong animal husbandry en.globes.co.il/en/article-singaporean-company-buys-tambour-for-nis-500m-1000941815 sector will support a greater number of farms and employ hundreds of thousands of workers.
youtube
Article Source:
https://ceoworld.biz/2020/02/23/yerkin-tatishev-and-daniel-kunin-of-kusto-group-on-building-an-integrated-protein-strategy-in-kazakhstan/
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Daniel Kunin Announces Kusto Group Signs MOU with Dundee Sustainable Technologies
A Memorandum of Understanding between Kusto Group and Dundee Sustainable Technologies is expected to be the first step in the development of a joint venture between the two companies.
Kusto Group, a privately held, multi-sector industrial holding company based in Singapore under the leadership of Chairman Yerkin Tatishev, recently signed a Memorandum of Understanding with Dundee Sustainable Technologies Inc, a Canada-based company engaged in developing technologies that can effectively and efficiently treat materials in the mining industry, to seek out and develop projects that apply DST’s technologies to mining operations in Kazakhstan, Uzbekistan and Kyrgyzstan.
This partnership announcement was made on the 16th of September 2019. DST’s specialty is in testing oxide and sulfide materials for the extraction of nickel, cobalt, copper, zinc, gold and silver. The company has developed innovative metallurgical processes on the basis of chlorination technology.
The MOU between DST and Kusto Group will allow the organizations to examine a joint venture in developing opportunities in the Central Asian countries of Kazakhstan, Uzbekistan and Kyrgyzstan. Kusto Group is interested in the direct application of DST’s Glasslock and CLEVER Process in current and future mining operations across the region. https://www.marketwatch.com/press-release/dst-signs-mou-with-kusto-group-to-develop-opportunities-in-kazakhstan-uzbekistan-and-kyrgyzstan-2019-09-16-6249242?mod=mw_quote_news This agreement marks the first steps in establishing a joint venture between Kusto and DST. The aim of kusto group this collaboration is to enhance economic and sustainable growth in the regional mining industry.
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Kusto and DST to further explore potential partnership
The companies will conduct a survey of possible projects http://dundeetechnologies.com/dst-signs-mou-with-kusto-group-to-develop-opportunities-in-kazakhstan-uzbekistan-and-kyrgyzstan that will include a processing, operating, and economic evaluation that will enable Kusto to ascertain how they can best apply DST’s two groundbreaking technologies.
With respect to the agreement, Daniel Kunin, a managing director of Kusto Group, stated, “We are excited to begin a partnership with Dundee Sustainable Technologies. DST has created a world-class suite of technologies that bring great value to the mining sector and the environment. We look forward to working closely with the excellent team from DST”.
According to Mr. Brian Howlett, President and CEO of DST, “Management of DST completed a ten-day visit to Kazakhstan earlier this year and met with numerous potential customers in conjunction with Kusto. DST is pleased to partner with Kusto, a well-respected multi-disciplinary company in the region. Kazakhstan is an incredible market for DST’s Technologies with numerous mining projects operating and also under development.”
Kusto’s agreement with DST signifies their continued efforts to develop partnerships Daniel Kunin with industry-leading firms to introduce new technology and best practices to emerging economies. While the partnership is tailored at expanding Kusto Group and its business, learning from its partners and adopting their best practices and introducing them to new markets, Kusto’s collaboration with DST works both ways. This partnership has the potential to expand the reach of DST’s technologies in the industry, making them a champion in the sector.
This effort of continuously looking to partner with exceptional businesses in the markets of the world is paired with a clear understanding of the importance of harnessing and encouraging local expertise as well.
Generating success for all stakeholders
Kusto Group is a multi-disciplinary organization that currently operates in agri-business, oil and gas, construction materials and paint, and real estate. Amassing an incredible annual turnover of $1.0 billion in 2018, the company continues to pursue success through expansion and acquisition. Kusto employs more than 8,000 people across its global operations.
Kusto Group and its leadership have experience working in the mining sector of Kazakhstan and understand the potential for economic growth in the regional industry. The origins of Kusto Group can be traced to a mining town whose operations were almost bankrupt. Here, a group of young, ambitious entrepreneurs led by Tatishev introduced new technology and methodologies that led to the revival of the mine and the local economy.
The group has shifted its focus to not only increasing production capabilities but also introducing sustainable development in countries and sectors where they operate.
Daniel Kunin explained Kusto Group’s unique approach aiming to add value to local economies through its business partnerships and operations. “Thinking about how a project affects local stakeholders such as a town or community is very important. At Kusto, there is a deep sense of ethical responsibility to all stakeholders that goes beyond the usual slogans. In our partnerships, the operating principle is to treat a partner as if they were a team-member of Kusto.”
Kusto Group’s continued growth
No doubt, the substantial expansion experienced by Kusto Group has not been free of growing pains, but its leaders, championed by Yerkin, have been able to transform these challenges into opportunities. The company’s experienced management team has daniel kunin kusto group applied the numerous lessons they learned over the years to elevate the company to new heights.
Buoyed by the strengths of the organization and its employees, Kusto Group has become an award-winning leader, recognized for implementing innovative technologies across multiple industries. As an entrepreneurial organization, Kusto has drawn international attention and won regional acclaim.
Kusto Group and its founders have experience working in very complex and challenging environments. But with unity in purpose and clearly defined goals, the company has been able to create sustainable and successful enterprises for all stakeholders – within the region and beyond.
Article Source:
https://lapostexaminer.com/daniel-kunin-announces-kusto-group-signs-mou-with-dundee-sustainable-technologies/2019/10/17
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Yerkin Tatishev’s Kusto Group enters expanding Uzbekistan consumer market with Wendy’s restaurant franchise
Uzbekistan is among the world’s fastest growing economies and foreign retailers are beginning to take notice.
The arrival of a Wendy’s restaurant to a new shopping mall in Tashkent is another example of the consumer-led economic revitalization of Uzbekistan. The popular American fast food chain comes to the Central Asian country through a partnership between Yerkin Tatishev’s Singapore-based Kusto Group, Georgia’s Wissol Group and a local partner. According to Kazakhstani entrepreneur Tatishev, the group plans to expand their presence with the opening of 20 restaurants across the country over the next 10 years.
A consumer-led economic surge in Uzbekistan
With the third largest population of former Soviet states, behind Russia and Ukraine, and growing prosperity giving its people increased purchasing power, Uzbekistan has demonstrated tremendous potential for consumer-led growth.
The government under President Shavkat Mirziyoyev has shifted away from the restrictive and isolationist policies of the late president Islam Karimov in favour of economic http://dundeetechnologies.com/dst-signs-mou-with-kusto-group-to-develop-opportunities-in-kazakhstan-uzbekistan-and-kyrgyzstan reform and a new set of tax reforms. This has created new opportunities for growth and attracted the attention of international investors. The first half of 2019 saw foreign direct investment up four-fold from the previous year.
Once considered an economic and social outcast, Uzbekistan’s transition to a free market economy has brought swift and robust change across all sectors. New reforms have opened the Uzbek market for foreign investment and development and ideas about what is considered business have evolved. Industry was once viewed as the only try economic pursuit, but today, that idea is being challenged by domestic and international companies.
The domestic retail chain, Korzinka, which has operated for nearly two and a half decades has 21 stores across the country by mid-2016. That figure has doubled to 50 in the short span of kusto group three years.
International retailers open shop
Foreign investment was once heavily concentrated on the oil and natural gas sector, accounting for nearly 70% just three to four years ago. Today, investment in other sectors has diversified and that figure has dropped to around 50% of total capital flowing into the country. Food processing, textiles and other sectors have attracted the interest of investors leading to daniel kunin kusto group a more Daniel Kunin balanced foreign direct investment.
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The government has taken assertive steps to court investors. Uzbekistan has secured billion-dollar investment deals with Korean, Chinese, Japanese and Russia companies to manufacture cars, textiles and much more.
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Western fast food staples, in addition to the Wendy’s restaurants brought to Uzbekistan by Kusto Group, have popped up around the capital of Tashkent including KFC which opened its first store at the end of 2018 and now can be found in several locations around the city. Taco Bell and Pizza Hut, also owned by the franchise giant Yum! Brands, could also be coming to Uzbekistan in the near future. And Uzbekistanis can now enjoy ice cream from the American chain, Baskin-Robbins.
Besides fast food chains, new malls have opened in the Uzbek capital of Tashkent and international retailers are beginning to set up shop offering their wares. LC Waikiki, a Turkish fashion retailer that has been expanding its presence in former Soviet Union countries, opened its first store in Uzbekistan this March.
Carrefour will likely be the first international grocer to enter the Uzbek market after Majid Al Futtaim, a company with ownership stakes in shopping malls around the Middle East, Africa and Asia, announced a partnership with AKFA, a local real estate and retail group, to open seven supermarkets and hypermarkets in the Central Asian country over the next two years.
Hani Weiss, chief executive of Majid Al Futtaim Retail, said in an official statement, “A supportive government, growing economy and high demand for a customer-centric offering like ours makes Uzbekistan a compelling fit for our expansion into Central Asia.”
Forecasts predict continued economic expansion
Growing prosperity in Uzbekistan has led to a shift public.bookmax.net/users/yerkintatishev in consumption patterns with an increase in demand for more diverse and higher quality goods. However, average incomes are still lower than in neighboring Kazakhstan and Russia, and unemployment levels remain high leading many young Uzbeks to seek work abroad. Government and business leaders hope that continued economic growth will spur job creation in the country.
“Providing opportunities for the next generation is equally important. As well as supporting local producers, our two restaurants have created more than 50 well-paying jobs,” said Yerkin Tatishev. “These jobs at a respected brand will give young people at the beginning of their career the chance to gain invaluable experience and learn from high-quality managers.”
“Our project is another endorsement of a region ‘on the up’,” said Tatishev, acknowledging Uzbekistan’s market potential and the influx of new investment and the arrival of new goods and services to the emerging economy. According to the IMF, Uzbekistan’s economy grew by 6% in 2018 and even faster growth is expected with up to 8% increase forecasted in the next few years.
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Kusto Group's Daniel Kunin: Kazakhstan's Agricultural Industry is Primed for Success
Kazakhstan like no other emerging economy is uniquely capable of emulating the American model of agricultural prosperity. Using the American experience as a model, recreating successes and avoiding mistakes, Kusto Group ambitiously aims to establish in Kazakhstan in 10-20 years what it took America 100 years to accomplish.
Kusto Group, under the guidance of Chairman of the Board of Directors Yerkin Tatishev, aspires to establish a sophisticated modern agriculture ecosystem in Kazakhstan based on an integrated protein strategy. Tatishev's comprehensive approach will likely have far-reaching implications on the country's economy as Kusto Group aims to take into consideration all aspects of the agro-value chain.
Daniel Kunin, Managing Director of Kusto Group, detailed the company's inclusive strategy:
"This is a project where the winners can include local farmers in rural and under-developed regions - it can include city dwellers looking for affordable, local sources of food and meat, and it can benefit exporters Daniel Kunin and foreign customers with a growing demand for healthy products. Many others who stand to benefit in the complex web that is agribusiness. I believe Kazakh agriculture will stand out because it will be sustainable - which is a very attractive way to generate income, reduce poverty and build lasting wealth."
Developing an agricultural ecosystem in Kazakhstan
The American model of agroindustry advocates and employs techniques that improve crop performance, boost water conservation, encourage non-GMO crop development, and promote a sustainable impact on the land. While the United States and Kazakhstan may not be comparable today in terms of agricultural output and yields - Kazakhstan is uniquely similar in crucial ways. Introducing all elements of success in the American model, the country can jumpstart meat production on a national scale.
"We do not approach the deficits or shortcomings experienced today in the industry with pessimism," says Kunin, "but rather with optimism that they provide an opportunity to realize the enormous potential in Kazakhstan."
Kusto Agro, the agricultural division of Kusto Group, has already established itself as a rising player in the Ukrainian market after entering eight years ago. The company seeks to https://hamodia.com/2014/05/27/tambour-paints-sold-singaporean-group-500-million/ take advantage of the competencies acquired there to the maximum extent possible in Kazakhstan.
Kusto Group's vision is to contribute to establishing the foundation ecosystem to support Kazakhstan's greater agricultural transformation. The company shares the country's long-term goal of developing a productive, sustainable industry that could one day rival the prosperous oil and natural resources sector.
The company, which operates in multiple divisions across three continents, has focused its efforts in five primary domains: non-GMO seed cultivation, feed and agro production, mechanized irrigation and water efficiency, livestock rearing, processing and export.
Yernur Aydarkin, Managing Director of Kusto Agro Kazakhstan, explained Kusto Group's holistic approach at the recent Central Asian AgTech Summit saying, "You can draw an analogy with human health - it is ideal when everything works in tandem: sleep, proper nutrition, physical activity, mental state. Also, in the agricultural business, quality inputs will result in a well-functioning system - from the production of high-quality feed, the use of the best seeds and irrigation technology to the sale of finished products."
Kazbeef: A holistic approach to livestock
Kusto Group's livestock division, KazBeef, has been building and expanding its operations in the beef cattle market yerkin tatishev for the last few years in the Akmola region of Kazakhstan.
Kazbeef was established with a commitment first and foremost to quality. The company seized the opportunity to introduce a new class of livestock and was the first to import premium Angus and Hereford breeding stock from the United States.
Today, the company is thriving with 120,000 hectares of pasture in the Akmola region alone, 5 thousand heads of breeding stock cattle and two feedlots with a total capacity of 15 thousand heads of cattle. The company recently built a new state-of-the-art meat processing facility in Schuchinsk, increasing storage capabilities to 6,000 tons of produce per year.
KazBeef's production figures illustrate the company's impressive achievements. In 2018, KazBeef supplied more than 1 thousand tons of meat to the domestic Metro distribution network. The company expects to increase output by an additional 50% to 1.5 thousand tons by the end of this year. In the next two to three years, Kazbeef aims to achieve a projected production volume of 8 thousand tons.
Given the tremendous agricultural potential of Kazakhstan, these volumes are just the beginning. The ninth largest country in the world has an abundance of wide-open space, rich, fertile land, and a climate ideal for animal rearing - taken together, the country is primed to become a regional and global leader in agriculture.
According to Yerkin Tatishev, "The basic ingredients are there, and now we need to make use of the best technology and investment to make it a reality. However, such a transition cannot happen overnight. It requires policymakers and business leaders to work hand-in-glove and develop an approach characterised by a broad range of high-growth, high-skilled and high-quality industries. I am pleased to see this collaborative approach starting to fall into place, particularly in areas that can benefit lower-income rural communities."
Helping to fuel growth is a growing demand for high-quality beef in both domestic and neighboring markets such as China, a country with an almost unlimited capacity.
"There is definitely demand," says Aydarkin. "For example, we were recently approached by one of the largest beef dealers in China, that sees volumes of more than 500 thousand tons of meat annually. This is more than the entire annual output in Kazakhstan! They looked at our enterprise, tasted our meat and said that they are prepared to take everything that we offer, the condition - a stable supply. Of course, it is important not to put all your eggs in one basket. After all, if you configure the entire system with only an eye on China, any problems entering the market will result in huge losses for the industry. Therefore, our strategy is to sell part of our volume inside Kazakhstan and export the rest. This guarantees us stability. It is also important for us to provide Kazakhstanis with high-quality, healthy meat."
Kusto's efforts to introduce innovation and best practices to Kazakhstan
An integral part of Kusto Group's strategy is reliable, quality feed production. For the company, securing their own food supply is a key to profitability - ensuring quality and avoiding the volatility of prices and unmanageable logistics. Kusto Group's agricultural operations include the cultivation of non-GMO corn for grain and silage, barley, and other crops.
Kusto Group's investment in feed production goes beyond providing a yerkin tatishev kusto group supply for its own integrated livestock operations by offering a high-quality, stable domestic product to farms that partner with the company. Smaller third-party feedlots who do not have the financial means to invest in their own feed operations can also benefit from Kusto Group's feed cultivation.
The company continues to pursue a vision of collaboration that benefits the entire agricultural ecosystem of Kazakhstan, not just their own operations. This strategy has motivated Kusto Group's efforts to improve seed production and cultivation abilities and to introduce modern soil irrigation technology.
As non-GMO seed production is a fundamental element of the American model of development, the company initiated a joint venture with the Minnesota-based Baumgartner Agricultural Science and Service (BASS) to introduce novel production methods to Kazakhstan. It is estimated that 10% of Kusto Group's production will be used to supply their own operations, and the rest will be sold on the domestic market and exported to Asia and Europe.
Kusto Group also signed a deal this year to partner with US-based Valmont Industries, a leading producer of precision irrigation systems, to build a production facility in Kazakhstan. Currently, only 7% of arable land in Kazakhstan is irrigated, which accounts for about 40% of the country's agricultural production. The kusto group introduction of modern irrigation technology will no doubt have a positive, far-reaching impact on the industry.
The company also inked a landmark deal with Tyson Fresh Meats, a division of the American Tyson Foods, one of the world's largest food production companies, to build a state-of-the-art meat processing facility in Kazakhstan with an estimated harvest capacity of 2,000 head per day. The deal is projected to provide an annual economic benefit in excess of one billion dollars (USD) to the country.
Achieving long-term, profitable growth and sustainability
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"Building a sustainable protein export business and modern agricultural sector in Kazakhstan is a fascinating, supremely complex and interesting project," Daniel Kunin explains. "By definition, it requires long-term thinking, strategic planning, intensive stakeholder mapping and understanding, and the creation of a network of inter-linked partnerships that are both joint ventures but also intensive public-private partnerships."
Kusto Group also aims to integrate farmers into their agricultural ecosystem. Farmers are at the heart of transitioning the sector from the framework of Soviet-modeled subsistence farming to a competitive network of small commodity producers. The company's initiatives include a breeding stock rental program to help farmers establish and build their own herds at a lower initial investment cost. Engaging individual farmers in the transition to modern agribusiness will help the entire system to increase productivity and achieve stable, sustainable growth.
"Achieving our ambitious - but attainable - vision of helping transform Kazakhstan's agricultural system will create a modern, competitive and prosperous sector in the national economy that can complement and maybe one day surpass the oil industry," says Kunin. "Once the elements of a well-functioning system are established, success will follow."
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https://www.natureworldnews.com/articles/43392/20200206/kusto-groups-daniel-kunin-kazakhstans-agricultural-industry-is-primed-for-success.htm
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Yerkin Tatishev’s Kusto Group Signs Major Investment Deal with US-based Tyson Foods
Kusto Group has signed an agreement with US-based Tyson Fresh Meats, Inc., the beef and pork division of Tyson Foods, and the Republic of Kazakhstan on a project that will include the construction of a beef processing facility in Kazakhstan. The new modern processing facility will have an anticipated harvest capacity of 2,000 head per day.
KUSTO GROUP'S SIGNS DEAL WITH TYSON FOODS
On December 9, 2019, Kazakh Prime Minister Askar Mamin, Steve Stouffer, group president Tyson Fresh Meats, and Yerkin Tatishev, chairman of the board of directors of Kusto Group met at daniel kunin kusto group the Arkansas headquarters of Tyson Foods to sign the landmark agricultural investment deal.
The agreement between one of the world's largest food companies, the Kazakh government and a leading local beef producer is projected to provide an annual agricultural economic benefit to the country well in excess of one billion dollars (USD) and marks the largest deal in the country's agricultural sector since its independence in 1991.
This deal is an important collaboration between the private sector and the government of Kazakhstan that will bring new technologies and best practices improving the country's agricultural production and will lead to the creation of thousands of sustainable and skilled jobs.
"We are delighted to welcome Tyson Foods to Kazakhstan," stated Prime Minister Mamin. "Tyson is a world-class company with the expertise necessary to help Kazakhstan jump-start the transformation of our agro-protein capabilities and help us create an ecosystem that will increase our beef herd size and establish conditions to support thousands of Daniel Kunin new high-quality jobs in the country. We look forward to a long and mutually beneficial collaboration."
INVESTMENT DEAL IS A MILESTONE FOR KAZAKHSTAN
The investment of a global leader in protein production in Kazakhstan represents an important vote of confidence in the modernization and development of the country's agricultural sector and in the economy in general. Tyson Foods has recognized Kazakhstan's potential yerkin tatishev kusto group to become a leading producer of beef for domestic and international markets.
"At Kusto, we believe in the tremendous potential of Kazakhstan to transform into a global agricultural player, helping provide first class products for consumers around the world," stated Yerkin Tatishev, chairman of the board of directors, Kusto Group. "Together with Tyson Foods, we are taking a first step in that direction today with our beef operations and look forward to getting underway".
Kazakhstan's continued efforts to attract foreign investors have been successful and this agreement will likely make others in the industry to take notice of the country's growth and expansion potential for business investment.
"Kazakhstan is differentiating itself from the rest through innovation, attracting international investors and heading towards the front the pack (of emerging economies worldwide)," says Yerkin Tatishev, Chairman of the Board of Directors of Kusto Group.
AN AGRICULTURAL REVOLUTION IN KAZAKHSTAN
Kazakhstan is the ninth largest country in the world. Its location in Central Asia means that it is close to large potential export markets in China, Russia and the Middle East. The country's government has identified the livestock and protein export industry as a key growth market.
This agreement between Tyson Foods, Kusto Group and the Kazakh government represents efforts to expand and modernize the country's underdeveloped agricultural sector, beginning with the beef production industry.
"We're pleased to execute an agreement with the Government of Kazakhstan and partner with Kusto," stated Steve Stouffer, group president Tyson Fresh Meats. "This opportunity supports one of our growth strategies to expand Tyson's global business, and we look forward to bringing our expertise and capabilities to the country of Kazakhstan."
KUSTO GROUP AIMS TO MAKE KAZAKHSTAN A LEADING PLAYER IN GLOBAL AGRICULTURE.
Kazakhstan's agricultural sector is currently experiencing a rejuvenation and Kusto Group has been a driving force in bringing investments and new technologies to establish the components required for a modern, sustainable industry. The Singapore-based holding company which operates in emerging-europe.com/tag/daniel-kunin/ multiple sectors across multiple countries has roots in Kazakhstan.
"At Kusto, we are convinced of the value of partnerships and sharing best practices," says Tatishev. "Over the past 12 months, we have inked a series of investment partnerships with leading US firms to bring state-of-the-art farming methods yerkin tatishev and agricultural technology to Kazakhstan."
Earlier this year, Kusto Group signed a joint venture with US-based Valmont Industries, a leading producer of modern irrigation systems. The companies will work together to build an irrigation system production plant in Kazakhstan. Only seven percent of the country's arable land is currently irrigated. With vast open spaces of fertile, rich soil, the implementation of modern irrigation techniques will have a transformative effect on Kazakhstan's harvest potential.
The company has implemented a new protein strategy within its own Kazbeef operations aimed at raising the standards of the livestock industry across the country, making Kazakhstan one of the world's leading producers of high-quality beef.
Kusto Group' Kazbeef was the first to import superior breeding stock of Hereford and Angus cattle from the United States and has used leading genetic methods to establish the foundation of a premium quality beef herd. The company recently expanded its own operation with the construction of a new processing facility in the Akmola region of the country.
"This latest deal with Tyson is a great achievement for this strategy and the product of many months of hard work," said Yerkin Tatishev. "Most importantly, this deal will have an incredible impact on the lives of many Kazakhstanis in rural areas that need it most. It is all part of the modernisation, diversification and rebalancing of the Kazakh economy that is currently taking place to put the country on the path of sustainable growth."
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https://www.vcpost.com/articles/123087/20191217/yerkin-tatishev-s-kusto-group-signs-major-investment-deal-with-us-based-tyson-foods.htm
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Daniel Kunin of Kusto Group: Private-Public Cooperation is Key to The Successful Transformation of Kazakhstan’s Agricultural Sector
Kusto Group and the government of Kazakhstan share a common mission to promote sustainable growth within the country's agricultural sector, developing partnerships that provide for the adoption of new technologies and industry best practices.
Daniel Kunin, https://www.spreaker.com/user/yerkintatishev a managing director at Kusto Group, says that cooperation between the private sector company and the government of Kazakhstan has been and will continue to play a critical role in the growth of the company, the agricultural sector and that of the entire national economy.
Kusto Group, a multinational corporation based in Singapore with roots in Kazakhstan, has demonstrated its commitment to the modernization and development of Kazakhstan's agricultural industry through the expansion of its local operations, the advancement of new initiatives and through the formation of global partnerships.
Kusto Group signs landmark deal with Tyson Foods
Last month, Kusto Group, the government of Kazakhstan and US-based Tyson Foods, one of the world's largest food companies, signed an agreement to collaborate on a project that includes the construction of a modern beef processing plant in Kazakhstan with an anticipated 2,000 head per Daniel Kunin day capacity.
The deal, the largest in the agricultural sector since Kazakhstan's independence, is projected to benefit the county in excess of one billion dollars. The joint venture includes the construction of three different meat processing facilities in Kazakhstan over the next 5-10 years. Construction of the first plant is anticipated to begin in the spring of 2020.
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Yerkin Tatishev, Chairman of the Board of Directors of Kusto Group, called the deal, "A huge step towards meeting Kusto's ambition of making Kazakhstan a global leader in agriculture through the use of modern technologies and world-best practices. Their investment is recognition of the enormous potential of Kazakhstan's agricultural sector and of the confidence in Kazakhstan's investment climate more broadly."
Realizing Kazakhstan's agricultural potential
The oil and natural gas sectors have long been the primary focus and foundation of Kazakhstan's economy. However, weak oil prices experienced over the last few years have forced the nation to pursue economic diversification with renewed fervor.
The agricultural sector has become a priority area for development for the Kazakh government and cooperation between the private sector and the public has become a crucial element in achieving growth and attracting foreign investment.
"Kusto Group's upcoming emphasis on building a sustainable protein export business and modern agricultural sector in Kazakhstan is a fascinating, supremely complex and interesting project," Kunin explained. "By definition, it requires long-term thinking, strategic planning, intensive stakeholder mapping and understanding, and the creation of a network of inter-linked partnerships that are both joint ventures but also intensive public-private partnerships."
Prime Minister of Kazakhstan, Askar Mamin (center), attends a signing ceremony between Yerkin Tatishev, Chairman of the Board of Kusto Group (right), and Steve Kaniewski, President and CEO of Valmont Industries (left).
Prime Minister of Kazakhstan, Askar Mamin (center), attends a signing ceremony between Yerkin Tatishev, Chairman of the Board of Kusto Group (right), and Steve Kaniewski, President and CEO of Valmont Industries (left).
In July 2019, Kusto Group signed a joint venture with US-based Valmont Industries and Global Beef ottawalife.com/article/yerkin-tatishevs-kusto-group-to-pursue-initiative-with-canada-based-dundee-sustainable-technologies?c=9 to manufacture modern irrigation systems in Kazakhstan. The venture is backed by a $50 million investment and the planned manufacturing facility is expected to be able to produce 1000 systems per year.
Valmont Industries is a leading producer and distributor of agricultural infrastructure products. Currently, Kazakhstan's agricultural sector lacks modern equipment and infrastructure to support sustainable production growth. The introduction of modern irrigation systems is expected to have a transformative effect on the industry.
A comprehensive commitment to growth
Kusto Group has long been focused on achieving success beyond its own operations.
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According to Kunin, "Thinking about how a project affects local stakeholders such as a town or community is very important. At Kusto, there is a deep sense of ethical responsibility to all stakeholders that goes beyond the usual slogans. In our partnerships, the operating principle is to treat a partner as if they were a team-member of Kusto. This ethic pays huge dividends in the medium to long term."
This year, KazBeef, a subsidiary of Kusto Group, opened a new meat processing facility in the Akmola region of Kazakhstan. The new facility has a storage capacity of up to 6,000 tons of beef per year. KazBeef's current operations cover 120,000 hectares of pastureland in the region alone, which supports 5,000 head of Angus and Hereford cattle.
Kusto Group was the first in the country to import pedigree breeding stock from the United States in order to ensure the best genetic foundation of its cattle. Kazbeef organized the first annual auction of pedigree breeding stock cattle in 2013 as a way to contribute to the development of the livestock breeding stock of the entire country.
Kusto Group's agricultural initiatives
Kusto Group's KazBeef operates a Extra resources vertically integrated approach to livestock production, with a demonstrated concern for quality at every stage of production - from seed to table.
One of Kusto Group's early joint ventures in agriculture was with an https://www.neweurope.eu/author/yerkin-tatishev/ American firm to develop and introduce high-yield, non-GMO seeds for feed crops to their operations.
KazSeed was developed in 2018 as a cooperative initiative between Kusto Group and Baumgartner Agriculture Science and Service (BASS), a Minnesota-based firm founded by a third-generation seed breeder.
The company is developing and producing world-class non-GMO seeds that are specifically selected for the climate and environment of Kazakhstan, providing high yields in the fodder crops needed for KazBeef's rapidly expanding livestock division. Through this initiative, the company has ambitions to transform Kazakhstan into a major seed hub of the region.
In looking to the future, Kusto Group hopes to extend KazSeed and KazBeef sales beyond the borders of Kazakhstan. It anticipates the prospect of supplying seeds and beef products to all of Central Asia, as well as entering the nearby Russian and Chinese markets. Joint ventures and private-public partnerships provide a solid framework for expansion and sustainable growth for the company and the entire national industry.
"Kusto Group is proud to be working with the Kazakh Government in the shared interest of advancing Kazakhstan's development," said Yerkin Tatishev. "We will continue our efforts to open up the Kazakh agricultural sector to the technological expertise and financial clout of US businesses at such an important time in the country's history."
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https://www.newseveryday.com/articles/64377/20200110/daniel-kunin-kusto-group-private-public-cooperation-key-successful-transformation.htm
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CEO Spotlight: A Bright Future Ahead for Kusto Group and Yerkin Tatishev
Kusto Group has signed an agreement with US-based Tyson Fresh Meats, Inc., the beef and pork division of Tyson Foods, and the Republic of Kazakhstan on a project that will include kz.linkedin.com/in/yerkin-tatishev-b15135195 the construction of a beef processing facility in Kazakhstan. The new modern processing facility will have an anticipated harvest capacity of 2,000 head per day.
KUSTO GROUP'S SIGNS DEAL WITH TYSON FOODS
On December 9, 2019, Kazakh Prime Minister Askar Mamin, Steve Stouffer, group president Tyson Fresh Meats, and Yerkin Tatishev, chairman of the board of directors of Kusto Group met at the Arkansas headquarters of Tyson Foods to sign the landmark agricultural investment deal.
The agreement between one of the world's largest food companies, the Kazakh government and a leading local beef producer is projected to https://www.haaretz.com/haaretz-labels/1.7874595 provide an annual agricultural economic benefit to the country well https://astanatimes.com/2018/04/hiring-us-forensic-experts-in-tokmadi-case-was-yerkin-tatishevs-idea/ in excess of one billion dollars (USD) and marks the largest deal in the country's agricultural sector since its independence in 1991.
This deal is an important collaboration between the private sector and the government of Kazakhstan that will bring new technologies and best practices improving the country's agricultural production and will lead to the creation of thousands of sustainable and yerkin tatishev skilled jobs.
"We are delighted to welcome Tyson Foods to Kazakhstan," stated Prime Minister Mamin. "Tyson is a world-class company with the expertise necessary to help Kazakhstan jump-start the transformation of our agro-protein capabilities and help us create an ecosystem that will increase our beef herd size and establish conditions to support thousands of new high-quality jobs in the country. We look forward to a long and mutually beneficial collaboration."
INVESTMENT DEAL IS A MILESTONE FOR KAZAKHSTAN
The investment of a global leader in protein production in Kazakhstan represents an important vote of confidence in the modernization and development of the country's agricultural sector and in the economy in general. Tyson Foods has recognized Kazakhstan's potential to become a leading producer of beef for domestic and international markets.
"At Kusto, we believe in the tremendous potential of Kazakhstan to transform into a global agricultural player, helping provide first class products for consumers around the world," stated Yerkin Tatishev, chairman of the board of directors, Kusto Group. "Together with Tyson Foods, we are taking a first step in that direction today with our beef operations and look forward to getting underway".
Kazakhstan's continued efforts to attract foreign investors have been successful and this agreement will likely make others in the industry to take notice of the country's growth and expansion potential for business investment.
"Kazakhstan is differentiating itself from the rest through innovation, attracting international investors and heading towards the front the pack (of emerging daniel kunin kusto group economies worldwide)," says Yerkin Tatishev, Chairman of the Board of Directors of Kusto Group.
AN AGRICULTURAL REVOLUTION IN KAZAKHSTAN
Kazakhstan is the ninth largest country in the world. Its location in Central Asia means that it is close to large potential export markets in China, Russia and the Middle East. The country's government has identified the livestock and protein export industry as a key growth market.
This agreement between Tyson Foods, Kusto Group and the Kazakh government represents efforts to expand and modernize the country's underdeveloped agricultural sector, beginning with the beef production industry.
"We're pleased to execute an agreement with the Government of Kazakhstan and partner with Kusto," stated Steve Stouffer, group president Tyson Fresh Meats. "This opportunity supports one of our growth strategies to expand Tyson's global business, and we look forward to bringing our expertise and capabilities to the country of Kazakhstan."
KUSTO GROUP AIMS TO MAKE KAZAKHSTAN A LEADING PLAYER IN GLOBAL AGRICULTURE.
Kazakhstan's agricultural sector is currently experiencing a rejuvenation and Kusto Group has been a driving force in bringing investments and new technologies to establish the components required for a modern, sustainable industry. The Singapore-based holding company which operates in multiple sectors across multiple countries has roots in Kazakhstan.
"At Kusto, we are convinced of the value of partnerships and sharing best practices," says Tatishev. "Over the past 12 months, we have inked a series of investment partnerships with leading US firms to bring state-of-the-art farming methods and agricultural technology to Kazakhstan."
Earlier this year, Kusto Group signed a joint venture with US-based Valmont Industries, a leading producer of modern irrigation systems. The companies will work together to build an irrigation system production plant in Kazakhstan. Only seven percent of the country's arable land is currently irrigated. With vast open spaces of fertile, rich soil, the implementation of modern irrigation techniques will have a transformative effect on Kazakhstan's harvest potential.
youtube
The company has implemented a new protein strategy within its own Kazbeef operations aimed at raising the standards of the livestock industry across the country, making Kazakhstan one of the world's leading producers of high-quality beef.
Kusto Group' Kazbeef was the first to import superior breeding stock of Hereford and Angus cattle from the United States and has used leading genetic methods to establish the foundation of a premium quality beef herd. The company recently expanded its own operation with the construction of a new processing facility in the Akmola region of the country.
"This latest deal with Tyson is a great achievement for this strategy and the product of many months of hard work," said Yerkin Tatishev. "Most importantly, this deal will have an incredible impact on the lives of many Kazakhstanis in rural areas that need it most. It is all part of the modernisation, diversification and rebalancing of the Kazakh economy that is currently taking place to put the country on the path of sustainable growth."
Article Source:
https://www.vcpost.com/articles/123087/20191217/yerkin-tatishev-s-kusto-group-signs-major-investment-deal-with-us-based-tyson-foods.htm
0 notes
Yerkin Tatishev’s Kusto Group Signs Major Investment Deal with US-based Tyson Foods
Kusto Group has signed an agreement with US-based Tyson Fresh Meats, Inc., the beef and pork division of Tyson Foods, and the Republic of Kazakhstan on a project that will include the construction of a beef processing facility in Kazakhstan. The new modern processing facility will have an anticipated harvest capacity of 2,000 head per day.
KUSTO GROUP'S SIGNS DEAL WITH TYSON FOODS
On December 9, 2019, Kazakh Prime Minister Askar Mamin, Steve Stouffer, group president Tyson Fresh Meats, and Yerkin Tatishev, chairman of the board of directors of Kusto Group met at the Arkansas headquarters of Tyson Foods to sign the landmark agricultural investment deal.
The agreement between one of the world's largest food companies, the Kazakh government and a leading local beef producer is projected to provide an annual agricultural economic benefit to the country well in excess of one billion dollars (USD) and marks the largest deal in the country's agricultural sector since its independence in 1991.
This deal is an important collaboration between the private sector and the government of Kazakhstan that will bring new technologies and best practices improving the country's agricultural production and will lead to the creation of thousands of sustainable and skilled jobs.
"We are delighted to welcome Tyson Foods to Kazakhstan," stated Prime Minister Mamin. "Tyson is a world-class company with the expertise necessary to help Kazakhstan jump-start the transformation of our agro-protein capabilities and help us create an ecosystem that will increase our beef herd size and establish conditions to support thousands of new high-quality jobs in the country. We look forward to a long and mutually beneficial collaboration."
INVESTMENT DEAL IS A MILESTONE FOR KAZAKHSTAN
The investment of a global leader in protein production in Kazakhstan represents an important vote of confidence in the modernization and development of the country's agricultural sector and in the economy in general. Tyson Foods has recognized Kazakhstan's potential to become a leading producer of beef for domestic and international markets.
"At Kusto, we believe in the tremendous potential of Kazakhstan to transform into a global agricultural player, helping provide first class products for consumers around the world," stated Yerkin Tatishev, chairman of the board of directors, Kusto Group. "Together with Tyson Foods, we are taking a first step in that direction today with our beef operations and look forward to getting underway".
Kazakhstan's continued efforts to attract foreign investors have been successful and this agreement will likely make others in the industry to take notice of the country's growth and expansion potential for business investment.
"Kazakhstan is differentiating itself from the rest through innovation, attracting international investors and heading towards the front the pack (of emerging economies worldwide)," says Yerkin Tatishev, Chairman of the Board of Directors of Kusto Group.
AN AGRICULTURAL REVOLUTION IN KAZAKHSTAN
Kazakhstan is the ninth largest country in the world. Its location in Central Asia means that it is close to large potential export markets in China, Russia and the Middle East. The country's government has identified the livestock and protein export industry as a key growth market.
This agreement between Tyson Foods, Kusto Group and the Kazakh government represents efforts to expand and modernize the country's underdeveloped agricultural sector, beginning with the beef production industry.
"We're pleased to execute an agreement with the Government of Kazakhstan and partner with Kusto," stated Steve Stouffer, group president Tyson Fresh Meats. "This opportunity supports one of our growth strategies to expand Tyson's global business, and we look forward to bringing our expertise and capabilities to the country of Kazakhstan."
KUSTO GROUP AIMS TO MAKE KAZAKHSTAN A LEADING PLAYER IN GLOBAL AGRICULTURE.
Kazakhstan's agricultural sector is currently experiencing a rejuvenation and Kusto Group has been a driving force in bringing investments and new technologies to establish the components required for a modern, sustainable industry. The Singapore-based holding company which operates in multiple sectors across multiple countries has roots in Kazakhstan.
"At Kusto, we are convinced of the value of partnerships and sharing best practices," says Tatishev. "Over the past 12 months, we have inked a series of investment partnerships with leading US firms to bring state-of-the-art farming methods and agricultural technology to Kazakhstan."
Earlier this year, Kusto Group signed a joint venture with US-based Valmont Industries, a leading producer of modern irrigation systems. The companies will work together to build an irrigation system production plant in Kazakhstan. Only daniel kunin kusto group seven percent of the country's arable land is currently irrigated. With vast open spaces of fertile, rich soil, the implementation of modern irrigation techniques will have a transformative effect on Kazakhstan's harvest potential.
The company has implemented a new protein strategy within its own Kazbeef operations aimed at raising the standards of the livestock industry across the country, making Kazakhstan one of the world's leading producers of high-quality beef.
Kusto Group' Kazbeef was the first to import superior breeding stock of Hereford and Angus cattle from the United States and has used leading genetic methods to establish the foundation of a premium quality beef herd. The company recently expanded its own operation with the construction of a new processing facility in the Akmola region of the country.
"This latest deal with Tyson is a great achievement for this strategy and the product of many months of hard work," said Yerkin Tatishev. "Most importantly, this deal will have an incredible impact on the lives of many Kazakhstanis in rural areas that need it most. It is all part of the modernisation, diversification and rebalancing of the Kazakh economy that is currently taking place to put the country on the path of sustainable growth."
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https://www.vcpost.com/articles/123087/20191217/yerkin-tatishev-s-kusto-group-signs-major-investment-deal-with-us-based-tyson-foods.htm
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Yerkin Tatishev’s Kusto Group Signs Major Investment Deal with US-based Tyson Foods
Kusto Group has signed an agreement with US-based Tyson Fresh Meats, Inc., the beef and pork division of Tyson Foods, and the Republic of Kazakhstan on a project that will include the construction of a beef processing facility in Kazakhstan. The new modern processing facility will have an anticipated harvest capacity of 2,000 head per day.
KUSTO GROUP'S SIGNS DEAL WITH TYSON FOODS
On December 9, 2019, Kazakh Prime Minister Askar Mamin, Steve Stouffer, group president Tyson Fresh Meats, and Yerkin Tatishev, chairman of the board of directors of Kusto Group met at the Arkansas headquarters of Tyson Foods to sign the landmark agricultural investment deal.
The agreement between one of the world's largest food companies, the Kazakh government and a leading local beef producer is projected to provide an annual agricultural economic benefit to the country well in excess of one billion dollars (USD) and marks the largest deal in the country's agricultural sector since its independence in 1991.
This deal is an important collaboration between the private sector and the government of Kazakhstan that will bring new technologies and best practices improving the country's agricultural production and will lead to the creation of thousands of sustainable and skilled jobs.
"We are delighted to welcome Tyson Foods to Kazakhstan," stated Prime Minister Mamin. "Tyson is a world-class company with the expertise necessary to help Kazakhstan jump-start Daniel Kunin the transformation of our agro-protein capabilities and help us create an ecosystem that will increase our beef herd size and establish conditions to support thousands of new high-quality jobs in the country. We look forward to a long and mutually beneficial collaboration."
INVESTMENT DEAL IS A MILESTONE FOR KAZAKHSTAN
The investment of a global leader in protein production in Kazakhstan represents an important vote of confidence in the modernization and development of the country's agricultural sector and in the economy in general. Tyson Foods has recognized Kazakhstan's potential to become a leading producer of beef for domestic and international markets.
"At Kusto, we believe in the tremendous potential of Kazakhstan to transform into a global agricultural player, helping provide first class products for consumers around the world," stated Yerkin Tatishev, chairman of the board of directors, Kusto Group. "Together with Tyson Foods, we are taking a first step in that direction today with our beef operations and look forward to getting underway".
Kazakhstan's continued efforts to attract foreign investors have been successful and this agreement will likely make others in the industry to take notice of the country's growth and expansion potential for business investment.
"Kazakhstan is differentiating itself from the rest through innovation, attracting international investors and heading towards the front the pack (of emerging economies worldwide)," says Yerkin Tatishev, Chairman of the Board of Directors of Kusto Group.
AN AGRICULTURAL REVOLUTION IN KAZAKHSTAN
Kazakhstan is the ninth largest country in the world. Its location in Central Asia means that it is close to large potential export markets in China, Russia and the Middle East. The country's government has identified the livestock and protein export industry as a key growth market.
This agreement between Tyson Foods, Kusto Group and the Kazakh government represents efforts to expand and modernize the country's underdeveloped agricultural sector, beginning with the beef production industry.
"We're pleased to execute an agreement with the Government of Kazakhstan and partner with Kusto," stated Steve Stouffer, group president Tyson Fresh Meats. "This opportunity supports one of our growth strategies to expand Tyson's global business, and we look forward to bringing our expertise and capabilities to the country of Kazakhstan."
KUSTO GROUP AIMS TO MAKE KAZAKHSTAN A LEADING PLAYER IN GLOBAL AGRICULTURE.
Kazakhstan's agricultural sector is currently experiencing a rejuvenation and Kusto Group has been a driving force in bringing investments and new technologies to establish the components required for a modern, sustainable industry. The Singapore-based holding company which operates in multiple sectors across multiple countries has roots in Kazakhstan.
"At Kusto, we are convinced of the value of partnerships and sharing best practices," says Tatishev. "Over the past 12 months, we have inked a series of investment partnerships with leading US firms to bring state-of-the-art farming methods and agricultural technology to Kazakhstan."
Earlier this year, Kusto Group signed a joint venture with US-based Valmont Industries, a leading producer of modern irrigation systems. The companies will work together to build an irrigation system production plant in Kazakhstan. Only seven percent of the country's arable land is currently irrigated. With vast open spaces of fertile, rich soil, the implementation of modern irrigation techniques will have a transformative effect on Kazakhstan's harvest potential.
The company has implemented a new protein strategy within its own Kazbeef operations aimed at raising the standards of the livestock industry across the country, making Kazakhstan one of the world's leading producers of high-quality beef.
youtube
Kusto Group' Kazbeef was the first to import superior breeding stock of Hereford and Angus cattle from the United States and has used leading genetic methods to establish the foundation of a premium quality beef herd. The company recently expanded its own operation with the construction of a new processing facility in the Akmola region of the country.
"This latest deal with Tyson is a great achievement for this strategy and the product of many months of hard work," said Yerkin Tatishev. "Most importantly, this deal will have an incredible impact on the lives of many Kazakhstanis in rural areas that need it most. It is all part of the modernisation, diversification and rebalancing of the Kazakh economy that is currently taking place to put the country on the path of sustainable growth."
Article Source:
https://www.vcpost.com/articles/123087/20191217/yerkin-tatishev-s-kusto-group-signs-major-investment-deal-with-us-based-tyson-foods.htm
0 notes