January 18, 2017 5:35 PM ET

Oil, Gas and Consumable Fuels

Company Overview of JSC National Atomic Company Kazatomprom

Company Overview

JSC National Atomic Company Kazatomprom produces and sells uranium and uranium products. It also manufactures and sells beryllium and tantalum products; produces, transfers, and sells electric and heat energy; produces and sells potable, technical, and distilled water; transports sea water and gas; constructs and manages social service facilities in subsurface use areas; provides communication and security services; and produces semiconductor materials. In addition, the company offers research, project, development, and engineering consulting services; explores for, extracts, and processes molybdenum-copper ores; produces vertical wind power stations for complex renewable power supply system...

10 D.Kunaev Street

Astana,  010000

Kazakhstan

Founded in 1997

26,000 Employees

Key Executives for JSC National Atomic Company Kazatomprom

Chief Executive Officer and Director
Chairman of Management Board and President
Age: 67
Deputy Chairman of The Management Board and Vice President for Production
Age: 55
Head of Administration Office, Managing Director and Member of The Management Board
Age: 67
Chief Accountant
Compensation as of Fiscal Year 2016.

JSC National Atomic Company Kazatomprom Key Developments

Kazatomprom To Sell 51% Stake in JV KT Rare Metal

JSC National Atomic Company Kazatomprom is seeking to sell its 51% participatory interest in the charter capital of JV KT Rare Metal Company LLP.

National Atomic Company Kazatomprom and China General Nuclear Power Corporation Announce Construction of Nuclear Fuel Fabrication Plant has Started in Kazakhstan

National Atomic Company Kazatomprom and China General Nuclear Power Corporation (CGNPC) have proceeded to implementation of a joint innovative project in the nuclear sector. Construction of this FA Manufacturing Plant is one of the breakthrough projects to be implemented under Kazatomprom's strategy which focuses on development of a vertically integrated fuel cycle company with advanced nuclear fuel fabrication capabilities. The plant will be managed through a joint venture 'Ulba-FA', the founders of which are Ulba Metallurgical Plant JSC (51%) (Kazatomprom's subsidiary) and CGN-URC (49%) (subsidiary of CGNPC).

Samruk-Kazyna May Be Privatized

Samruk-Kazyna National Welfare Fund JSC will hold an investor presentation day on the London Stock Exchange in February 2017, Chief Executive Officer Umirzak Shukeyev said. "In February we plan to hold a special meeting with investors on the London Stock Exchange as part of Samruk-Kazyna's privatization program," he said at a December 6, 2016 meeting of the Cabinet in Astana. Shukeyev proposed creating a working group within the Ministry of National Economy in order to coordinate the IPO preparations. "We have to know how the existing regulations should be adjusted so that we can prepare these assets for IPO in a most efficient way," he said. In early 2016, the Government of Kazakhstan adopted a privatization program for 2016-2020. The list of state-owned assets to be privatized includes JSC NC Kazakhstan Gharysh Sapary, Joint Stock Company National Geological Exploration Company Kazgeologiya, Astana International Airport JSC and others. Under the program,the Kazakh government will hold IPOs for Joint Stock Company National Company Kazakhstan Temir Zholy, joint Stock Company National Company KazMunayGas, JSC National Atomic Company Kazatomprom, Samruk-Energy Joint Stock Company, National Mining Company Tau-Ken Samruk JSC, LLP Kazzinc Holdings, Kazpost JSC and others.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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