Transformation start was announced

A solemn ceremony of launching “Samruk-Energy” JSC Transformation program was held on July 4, 2015 in Astana city.

Kick-off meeting was held in teleconference mode and attended by the staff of subsidiaries and affiliates of power holding company.

An innovation in holding such an event in the framework of transformation was live broadcast of video communication with all subsidiary companies of "Samruk-Energy" JSC located in different parts of the country from Almaty to Ekibastuz, from the borders of East Kazakhstan to Aktobe city. In the presence of all the subsidiaries that were in direct communication online, Chairman of the Board of "Samruk-Kazyna" JSC Umirzak Shukeyev announced the official launch of  "Samruk-Energy" JSC transformation. U. Shukeyev noted that the transformation provides "Samruk-Energy" JSC a unique opportunity to improve the efficiency of business processes and improve the economics of power holding company. In the future, the ability of portfolio companies to respond to external challenges will show how well and deep were transformations held.

Since its establishment on April 18, 2007 "Samruk-Energy" Joint-stock company has passed its way from formation and continuous improvement.  In 8 years the company has worked out the readiness to professionally and promptly respond to all challenges which has resulted in full readiness of the power holding company to embark on the process of fundamental transformations.

Transformation Program of Sovereign Wealth Fund and of “Samruk-Kazyna” JSC portfolio companies was launched in October 2014 with participation of Head of State Nursultan Nazarbayev.


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