History

One mission, one goal, one team

Clearly defined corporate values help Kazakhstan Kagazy employees to move in the same direction. United under the common mission and goal, our workers daily find solutions to the most difficult problems, working smoothly and efficiently.

Production of paper and corrugated packaging

Kagazy Recycling paper mill, located on the outskirts of Almaty, is the only plant in Central Asia producing paper out of recycled waste paper.

Finished goods storehouse

Kagazy Recycling products take the leading place on the local market. The company owns more than 50 percent of the market share, which makes it the absolute leader of the paper industry in Kazakhstan.

Products quality control

Production experts conduct quality control in accordance with the approved standards.

The process of manufacturing corrugated products

All our products are available to customize.

2014

Class A warehouses and the container terminal exited the GROUP logistics business

2013

Kazakhstan Kagazy JSC announces its audited consolidated financial results for the year 2012

Tomas Mateos Werner appointed as the CEO of Kagazy Recycling LLP

Tomas Mateos Werner appointed as the new CEO of Kazakhstan Kagazy JSC, replacing Taisiya Kogutyuk

Kagazy Recycling receives certification of the Forest Stewardship Council

Recruitment of participants for the Young leaders program, administered by the Foundation K, started. The program gives an opportunity to the children of Kazakhstan Kagazy JSC staff to get prestigious secondary and higher education

2012

Initiation of the Going Green ecological project and opening five points of waste paper collection in Almaty

The new web-site of PEAK launched (www.peak.kz)

Save the Trees! Competition for the best waste paper collection project carried out

Kagazy Recycling joined the European Federation of Corrugated Board Manufacturers (FEFCO)

2011

An agreement on financial obligations restructuring reached with the majority of creditors and bondholders

Company’s bonds were readmitted for trading on the Kazakhstan Stock Exchange (KASE)

2010

Part of the Group's financial debt restructured. Operational activity restructured and optimized

Warehouses occupancy rate increased significantly. Occupancy rate and income grew threefold

New customers attracted in the logistic business. Sanofi-Kazakhstan and Raimbek Bottlers are among them

2009
The Group defaulted on its financial obligations

The Group began restructuring its financial obligations

Group’s controlling shareholders changed

2008

Kazakhstan Kagazy JSC issued domestic bonds. The bonds were admitted to trading under A-category on the Kazakhstan Stock Exchange (KASE)

Paper production plant gets ISO 14001:2004 and OHSAS 18001:2007 certification

A-class warehouses and a container terminal bought

Land plots near Almaty acquired for the construction of the PEAK Industrial Park, setting up infrastructure started

2007

The Group did an IPO on the London Stock Exchange worth USD 273.5 million

The first phase of PEAK Logistics Centre construction (B-class warehouses) completed

The Group signed a financial agreement with EBRD and Kazkommerzbank worth USD 90 million to finance paper business development

2006

Kazakhstan Kagazy JSC issued domestic bonds. The bonds were admitted to trading under A-category on the Kazakhstan Stock Exchange (KASE)

The second paper-making machine brought into operation. Paper production volume doubled

Construction of a new modern cardboard manufacturing plant completed

Construction of the first phase of the PEAK Logistics Centre (B-class warehouses) started

2005

Kazakhstan Kagazy JSC issued domestic bonds. The bonds were admitted to trading under A-category on the Kazakhstan Stock Exchange (KASE)

Construction of cardboard making plant started

Kazakhstan Kagazy JSC begins acquiring lands for industrial construction and development and setting up infrastructure on the acquired land plots

2004

Logistics and industrial real estate business defined as strategic directions of the Company development

2003

Commercial production of paper and cardboard packaging started

2002

Assembly of the first paper-making machine started

Contract on delivery of corrugated packaging making equipment signed

2001

Kazakhstan Kagazy JSC founded