Success stories

OJSC United Cement Group is an Open Joint Stock Company and is listed in the Kyrgyz Stock Exchange with 10.266M shares outstanding and price per share – 8.2645 KGS. The year 1964 is considered the beginning of the historical chronicle of the United Cement Group as a manufacturer of high-quality and sought-after products, which enjoyed success both inside the Kyrgyz Republic and abroad. During the existence of the plant from 1964 to 2018, 46 million tons of cement were produced. A cascade o[…]

At the end of October 2000, Wimm-Bill-Dann Foods acquired a controlling stake in the Bishkeksut dairy. In 2002, production capacity was 8 tons of UHT milk per hour. Putting into the assortment of this category allowed to expand the volume of exports to neighboring countries – Kazakhstan, Uzbekistan, and Tajikistan. In 2010, PepsiCo acquired 66% of Wimm-Bill-Dann shares in amount of transactions about $ 3.8 billion. The shareholder value of Wimm-Bill-Dann was estimated at $ 5.2 billion. The[…]

In 1997 LLC “Bitel” was introduced to the Kyrgyz market and in 2006 under the brand “Bitel” LLC Sky Mobile began to provide communication services. In 2009 “Bitel” is rebranded to “Beeline” and in 2010 Sky Mobile LLC is a member of the VEON Ltd providing communication, data transmission, and Internet access in Kyrgyz Republic. As of December 2018, Beeline has 7.6M of customers with a mobile penetration rate at 123.2% operating in 63 stores including 4 743 point of sales. VEO[…]

Hyatt Corporation is one of the leading hotel companies around the globe and has also developed other special hotel concepts–the Grand Hyatt, the Park Hyatt, Hyatt Regency, Classic Residence etc. In 2009 Hyatt stock began trading publicly on the New York Stock Exchange. Not only does the stock offering ensured a strong capital base to help spark future growth, it also introduced a new level of visibility into Hyatt’s operations for investors, developers and the public alike. As of today,[…]

CJSC Finca Bank entered the Kyrgyz market in 1995 as a USAID program to support and provide low-income people with access to the goods and services required for business development and the enhancement of living standards. In 2003 FINCA Kyrgyz Republic is re-registered as Joint Stock Closed (CJSC) “FINCA Microcredit Company” and became a member of the Credit Information Bureau. In March 2015, the CJSC “FINCA Microcredit Company” obtains a banking license and is transformed into CJSC “F[…]

Alliance Altyn LLC was registered in 2015 in Talas region, Kyrgyz Republic. It is a part of “Russkaya Platina” group. Alliance Altyn has a license for development of field “Jerooy” until 28 August 2035. From 2015 they started geological works and environmental engineering studies. They totally spent for these works 679.4 thousand USD. In years 2018-2031 Alliance Altyn plans open pit mining with output of 1.3 million tons of ore per year, 58.2 tons of gold. In years 2031-2043 they plan un[…]

Novotel Bishkek City Center is a part of Accor Group. Accor is a French company which was founded in 1967. It has over 4800 hotels in 100 countries with about 280,000 employees.  In 2018, total revenue was about 3.61 bln. USD. Accor Group’s hotels are divided into classes like Sofitel (luxury hotels), Pullman (top class hotels), Novotel (middle class hotels), etc. The first Novotel was founded in 1967, in French city Lille. It had 62 one-typed rooms with area of 25 . And now, in 2019, Nov[…]

Centerra Gold is Canadian gold-mining company, which works on production of gold and copper. Its main asset is “Kumtor” gold mine, which is located in Kyrgyz Republic. Also, it owns “Mount Milligan” gold mine, which operates in British Columbia for many years.  As of 2019, Centerra Gold stocks 14.2 million ounces of gold and 2.5 billion pounds of copper. In 2017, total revenue of the company was 2.1 billion USD with net profit 209.5 million USD. Centerra Gold is one of the most impo[…]

Demir Kyrgyz International Bank was established in 1997. It is the first international commercial bank operating in Kyrgyz Republic. In years of formation, bank has a number of obstacles that could ruin the bank, such as Russian crisis in 1998, Turkish crisis 2000. Bank not only survived this period, but on the contrary, became one of the leaders of banking market in Kyrgyz Republic. The main purpose of DemirBank is to provide wide specter of banking services to corporate clients and individuals[…]

Gazprom Neft Asia is one of the biggest oil traders in Kyrgyz Republic. In 2006, it was registered in our country. The main activities of the company are wholesale and retail of petroleum products. From to 2006 to 2017, Gazprom Neft Asia supplied and sold more than 5.5 million tons of high-quality products from Russian Federation. Also, the company payed 36 milliard somes as taxes to the government. There are a lot of social responsibility programs realized by Gazprom. In 2009, the company finan[…]