Tag archive for ‘Samruk-Kazyna’
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Astana Fans
Going to the Team Astana website doesn’t get you a lot of news. Been trying to monitor it for news on when the name change to Samruk-Kazyna would go through officially and I still news reports on Bruyneel and Armstrong!
But I did discover THE Astana Cycling Team Fan Club which has a lot more [...] -
Contador Stays; Name Goes
This week some changes were announced regarding Team Astana, the cycling team. Alberto Contador himself finally announced that he is staying with the team. After losing Armstrong and Brunyel and after a long period of doubt over whether the team would keep its UCI license or its funding, this is very good news.
Despite mulling over [...] -
Kazakhstan May Lose Its Team
Following up on my earlier post about Team Astana’s financial problems, I see that ESPN is reporting that Lance Armstrong’s team may be suspended if they do not meet their financial obligations by the 31 May of this year.
Team Astana is funded primarily by state-owned companies under the national holding company, Samruk-Kazyna. However recently in [...] -
Team Astana in Trouble
Despite their roster which includes Lance Armstrong, Contador and Leipheimer, Team Astana has been having financial issues. The team is sponsored by a number of state-owned companies including Air Astana, Kazakh Temir Zholi, KazMunaiGas and Kegoc. It also has a number of domestic and international sponsors including Trek, Nike and KazakhMys.
However, Nikolai Proskurin, Vice-President [...] -
Kazakhstan Buys Controlling Shares in Banks; Seeks to Sell Them
As part of its bailout project, the Kazakhstan government had planned to buy assets in commercial banks. After negotiations with Halyk Bank and Kazkommerstbank to take government money, attention has turned to BTA and Alliance Bank. Samruk-Kazyna, the newly formed holding that combines development holding Kazyna and Samruk holding, which owned the largest and most [...]
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US to Kazakhstan: Send Advice
After the buyout of AIG, giving the government an 80% share in this major insurance company, there has been a great deal of debate. There is outrage over the way the deal went down, without any warning and apparently without a coherent plan. Senate Majority Leader Harry Reid expressed dismay, saying, “We are in [...]
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SBCs
Two weeks ago, there was a government assembly and the Prime Minister presented new projects for the government. As Kazakhstan Today reports, Social Business Coportations were on the list. “Sara Arka” will be the first, to be established in Karaganda (because the akim there was on the ball, they say). By the end of the [...]
