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Media

A new era of expansion and competition in Uzbekistan’s retail sector

Local retail champions in Uzbekistan are expanding as the ongoing reforms create new opportunities — and as a defence mechanism in the face of competition from international players attracted by the opening up of Uzbekistan’s economy. Read more

Kazakhstan is heading towards the front of the emerging economies pack

As business leaders gather in Paris for the Fortune Global Forum today [November 18], there will be no shortage of pressing issues for them to get their teeth into: from effective 21st century leadership to innovation and the challenges of sustainable growth Read more

A conversation on leadership with Daniel Kunin, Managing Director of Kusto Group

Daniel Kunin discusses how his unique work experience has shaped his career, the challenges he faces in his role as a Managing Director of an international multi-sector organization and the bright future ahead for Kusto Group. Read more

Georgia's preeminent classical music festival brings Europe and Asia together

Born in Paris and with a long career in diplomacy, it is fitting that Georgia’s President, Salome Zourabichvili, recently visited Tsinandali Festival – an annual classical music festival that is being billed as an international cultural hub. Read more

Will Stock Market Reform Transform Vietnam?

As an international investor, I am always looking for signs of progress in markets where our group invests. In the case of Vietnam, the Kusto Group has been active for more than a decade with a range of operations, and recently we have seen indications that the country may be reaching an important economic milestone. Read more

Kazakhstan looks to neighbours to realise agribusiness ambitions

The development of its agribusiness sector is one of Kazakhstan’s key priorities, and a first wave of foreign investors from Europe and Asia is looking at the country as a base to supply major markets in the regions. Read more

Kusto group thrives in the competitive Ukrainian agro sector

Kusto Group, the multi-sector conglomerate that acquired Israeli paint manufacturer Tambour, has expanded its agricultural operations in Ukraine. Since purchasing Tambour in 2014, Kusto has increased the company’s manufacturing capabilities and transformed it into an international brand. Read more

Construction of the New High-Tech Academy is Underway as Yerkin Tatishev of Kusto Group Aspires to Import a Revolutionary Educational Model from Finland to Kazakhstan

The start of construction of the new High-Tech Academy in Koktobe City, Kusto Group’s residential complex in Almaty, highlights businessman Yerkin Tatishev’s continued dedication to investing in educational opportunities for the youth of Kazakhstan. Read more

Construction of the New High-Tech Academy is Underway as Yerkin Tatishev of Kusto Group Aspires to Import a Revolutionary Educational Model from Finland to Kazakhstan

The start of construction of the new High-Tech Academy in Koktobe City, Kusto Group’s residential complex in Almaty, highlights businessman Yerkin Tatishev’s continued dedication to investing in educational opportunities for the youth of Kazakhstan. Read more

US-based Valmont Industries, Kazakh Kusto Group launch an agro-industrial joint venture

Prime Minister Askar Mamin on July 10 took part in the signing of documents between the Government of Kazakhstan and American companies on cooperation in the field of agriculture. Read more

Vietnam prepares workforce to accommodate influx of companies amid US-Sino trade war

The US plan to place tariffs on additional US$300 billion worth of Chinese goods has sparked the relocation of multinational companies from China to Vietnam, and such relocation plans raise the question of what Vietnam acts to accommodate influx of companies in the unpredicted trade conflicts between the world’s largest economies. Read more

To win in tech and beyond, Vietnam should complement, not compete with ASEAN

Last week, global and regional leaders gathered in Bangkok for the Bloomberg Asean Business Summit. On the agenda: accelerating regional growth, assessing opportunities for economic transformation, debating the region’s technological potential, and much more. Read more

Kusto agro wants to expand grain carrier fleet

Kusto Logistics, part of Kusto Agro PTE. Ltd. (Singapore) has acquired 25 grain hoppers and plans to expand its fleet to 70 hoppers by the end of this year. Read more

Growing pains

Growth is the goal of almost every business. However, expansion for entrepreneurial firms operating in emerging or frontier markets presents a specific set of challenges. Identifying internally when you need to stop thinking and start acting like a large multinational company is the first of those challenges, writes Alex Donov, Chief Financial Officer at Kusto Group. Read more

Tambour completes buyout of Geves Gesher

Tambour Ltd. recently completed its acquisition of full ownership rights in Geves Gesher Ltd. from its original owner, Kibbutz Gesher. In 2006, Tambour obtained control of Geves Gesher with a purchase of 51% of the company’s shares for NIS 2.4 million. With its latest additional investment of NIS 16.5 million, Tambour now has full ownership of the company. Read more

Kusto Group Leading the Way in Environmentally Friendly Investment Practices

The Kusto Group is expanding its livestock business in the Ukraine by building a state-of-the-art, eco-friendly and animal-friendly dairy farm. This initiative follows a pattern worldwide of socially aware global companies recognizing the need to put the environment ahead of all else. Read more

Kusto Group Invests in Building a Modern Agricultural Sector in Kazakhstan

Chairman of the Kusto Group Board of Directors, Yerkin Tatishev, declares that Kazakhstan is open for business. Read more

The Global Dispatch

EmTech Asia 2019: Yerkin Tatishev Reflects on the Power of Networking and Fostering Industry Innovation

The sixth annual Emtech Asia Event for 2019 was recently held in Singapore at the Marina Bay Sands Hotel. A unique event, Emtech Asia is aimed at connecting technology enthusiasts, scientists, business leaders, scholars, and industry pioneers from around the globe. This year’s widely successful event has generated quite a buzz in the business and industrial world. Read more

Tambour buys Italian paint company Zetagi

Israeli paint manufacturer Tambour announced that it has purchased the Italian company Colorificio Zetagi, which specializes in producing industrial paints. Read more

Kusto Group’s Tambour Takes Colorificio Zetagi Under Its Wing

Kusto Group’s Tambour, an expanding paint brand, has opened a new chapter with its acquisition of the Italian company Colorficio Zetagi, part of their strategy to turn local champions into global ones. Read more

Amid trade wars, countries like #Kazakhstan remain open for business

The battle between openness and isolationism in world trade is nothing new. However, global interest in so-called ‘trade wars’ has increased hugely of late, due to the escalation of tensions between China and the US. Recently, both countries have imposed a series of tariffs on products, amid warnings from the IMF and others that this ‘war’ could significantly reduce global growth, writes Yerkin Tatishev, Founding Chairman of the Kusto Group. Read more

Investment in the Local Agro-Beef Industry

Yerkin Tatishev and the Kusto Group invest in cutting edge technology to develop agriculture in Kazakhstan Read more

Kusto’s prospects after Diamond Island triumph

After the breakthrough of Diamond Island, a high-end residential project in Ho Chi Minh City with 98 per cent of apartments sold, Kusto Group chairman Yerkin Tatishev shared with VIR’s Bich Ngoc his vision and development plan in Vietnam – the group’s first Southeast Asian market. Read more

Transforming #Kazakhstan into a global leader in beef production: Kusto embraces new technologies

This week, the great and the good of the agricultural world gathered in Almaty to discuss, debate and analyze Kazakhstan’s agricultural industry, and Kazbeef, alongside Kusto Group, was there in full force, writes Erubaev Beybit Kikbaevich.

As the world’s 16th– largest exporter of wheat and with 80% of all land given over to agriculture, the country could be a global agri-business powerhouse. Read more

Not all data collection is bad.

In the wake of recent scandals relating to the harvesting and use of data, “data collection” is starting to become a dirty phrase, but it needn’t be - By Yerkin Tatishev

Facebook’s share value has been on a rollercoaster ride in recent months, with the fallout from a series of data-related scandals taking its toll. Recently the price of the company’s stock has recovered, but damage has been done to the wider perception of corporate use of data. Despite data collection seemingly becoming a ‘dirty phrase’, we shouldn’t be so quick to judge. Condemning data collection ignores the growing number of sectors where this advance is bringing unexpected benefits, rather than harm. Read more

Collaborative entrepreneurship key to Brics-growth

Globalization means that investing in emerging markets is no longer a radical idea. There are many reasons why Xi Jinping called for the promotion of BRICS+ last year, and why Jeremy Grantham is advising his clients, and even his family, to look in this direction. The question is no longer “why” or “when”, but “how”?

From his headquarters in Singapore, Kusto Group Chairman Yerkin Tatishev outlines the vital lessons he learnt from driving an expansion into emerging economies – successfully capitalizing on their rapid growth rates, fundamentally, through active collaboration and locally-driven consultation. Read more

True innovation starts with corporate culture

Last month, the EU announced fresh innovation funding for hundreds of businesses across the continent, as part of their Horizon 2020 agenda. Successful applicants will receive free business coaching and acceleration services. Read more

Economic prosperity requires innovation in education

As an entrepreneur, innovation is at the heart of what I do. In the early days of Kusto Group, our success came about by teaching old industry hands how to reinvigorate ailing enterprises in post-Soviet Kazakhstan. Today, I see the same important link between innovation, learning and our survival. Read more

Kusto Group aims to turn its firms into S-E Asian leaders

The mission for Singapore-based private holding company Kusto Group is to transform any business it invests in into a top player in the region. Read more