Bayan Sulu JSC
Kostanay Confectionery Factory “Bayan Sulu” JSC is one of the leaders of Kazakhstani manufacturers of confectionery products, has a solid, more than forty years of experience and a high business reputation in its industry. Today, Bayan Sulu JSC is one of the three best confectionery enterprises in the Republic of Kazakhstan. It provides jobs for more than 1,700 people. With the state support provided at the factory, production areas are constantly expanding, production facilities are being commissioned, new technologies are being introduced to increase production and sales, management is improving, equipment is being constantly upgraded. Annual investments for the purchase of new equipment range from 1.5 to 2.0 billion tenge per year.
Today, the company produces more than 80 thousand tons of products per year and almost 40% of the volume produced is supplied to foreign markets. Export development today is one of the main tasks. It is planned that the export volume in the coming years will grow by another 10-15 percent. Most of the confectionery exported to Russia. In addition, products are shipped to Germany, China, Ukraine, Tajikistan, Turkmenistan, Kyrgyzstan, Azerbaijan, Armenia and Georgia.
Since 2010, the company has been provided with state support in the form of preferential financing by the Development Bank of Kazakhstan, investment preferences in the form of exemption from customs duties on the import of technological equipment and spare parts for them. Within the framework of the “Business Road Map 2020” program, the enterprise has a subsidized interest rate on the loan in the amount of 7% per annum.