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The 5th Business Forum of Conference on Interaction and Confidence Building Measures in Asia (CICA), 10-11 of November 2016, Astana, Kazakhstan

Opening of the confectionery line in North Kazakhstan region

November 5, 2012 6:46 pm

Solemn event dedicated to the launch of a new wafer line of "Sultan Pastry" JSC was held In Petropavlovsk.

In a solemn atmosphere regional mayor Serik Bilyalov congratulated CEO of the company Atilla Ayalp with a significant event, expressed his gratitude to the President of Turkish Company «Okan Holding» Bekir Okan, launching a line of wafer production.

The project has received state support in the form of a guarantee of Fund "Damu" under the first direction of the "Business Roadmap-2020" Program. The guarantee of Fund "Damu" was granted to "Tsesna Bank" JSC in favor of "Sultan Confectionery products" JSC. The guarantee amount was 31.5 million tenge, which is 50% of the total loan amount. In addition to the guarantee, the company benefited from subsidizing loan interest rate of 7% annually. The company has also received support for the development of industrial infrastructure.

"Sultan - Confectionery products" JSC is one of the largest companies of Petropavlovsk. The company, demonstrating a qualitative leap, has become a brand, enjoying a well deserved great demand not only in Kazakhstan but also in neighboring countries: Russia, Kyrgyzstan, and Tajikistan.

Thus, the activity of "Sultan Confectionery products" JSC is making a significant contribution to the economy of Northern Kazakhstan and the Republic as a whole, being important for the development of international economic relations.