Description
“Samruk-Energy” joint-stock company (hereinafter – “Samruk-Energy” JSC or the Company) was established on April 18, 2007 by resolution of general meeting of founders in order to develop and implement a long-term state policy on upgrading of existing and introduction of new generating facilities. The founders of the Company at the time of its establishment were "Kazakhstan holding for management of state assets “Samruk” JSC and “KazTransGaz” JSC.
The Company was registered on May 10, 2007. The central office of the Company was relocated to Almaty city.
As a result of reorganization effected through the merger of “Kazakhstan holding for management of state assets “Samruk” JSC and “Sustainable development fund “Kazyna” JSC, on November 3, 2008, the Company’s shareholder became “Sovereign Wealth Fund “Samruk-Kazyna” JSC, being the legal successor of “Kazakhstan holding for management of state assets “Samruk” JSC. “KazTransGas” JSC also remains in shareholders’ composition.
A number of companies became a part of “Samruk-Energy” JSC in 2008-2011, including “Bogatyr Komir” LLP which owns the world’s largest coal mine, “Ekibastuz GRES-2” JSC, “Bulat Nurzhanov Ekibastuz GRES-1” LLP, “Aktobe CHP” JSC, “T.I. Baturov Zhabmylskaya GRES”, “Alatau Zharyk Company” JSC, “Almaty Power Plants” JSC, “Shardarinskaya HPP” JSC and others.
The Company relocated from Almaty city to Astana city in May 2010.
“Samruk-Energy” JSC shares that belong to “KazTransGas” JSC were transferred to “SWF “Samruk-Kazyna” JSC on 29th of August pursuant to Decree of the Republic of Kazakhstan Government No.1103. Thus, today “Samruk-Kazyna” JSC is the sole shareholder of the Company.
To date, the Company is the largest diversified holding company successfully integrated into the international power balance, creating value for its shareholders and aimed at building highly efficient power supply system ensuring sustainable development of all Kazakhstan’s sectors.
The Company does not tolerate discrimination in any aspect of labor relations, including search and recruitment of personnel, employment and termination of employment, labor remuneration terms and provision of benefits, performance evaluation, training, job promotion, awarding and merit recognition . The Company provides equal remuneration for men and women for work of equal value.
