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Yerkin Tatishev on Education: It Is Not About What Teachers Teach, But What the Students Learn

Yerkin Tatishev Kusto Group Kazakhstan

 

The Kazakhstani entrepreneur Yerkin Tatishev believes that his native country must change its learning methods in schools in order to compete with the rest of the world.

Over the years, the overall quality of secondary education in Kazakhstan has declined, but new learning methods can turn the downward spiral around, according to the Kazakhstani entrepreneur and founding chairman of Kusto Group, Yerkin Tatishev.

When the Organization for Economic Cooperation and Development (OECD) published its newest global PISA study last year, it was a major setback for Kazakhstani education.

The PISA study measures students’ performances in math, reading and science in 79 countries every third year, and Kazakhstan had its worst performance in the history of the country’s participation in the most recent report.

The Central Asian country ranked 69, which Yerkin Tatishev calls tragic.

While the Kazakhstani government believes that the bad outcome is a result of technical issues because the tests were taken on computers for the first time, Yerkin Tatishev sees it differently.

For 15 years, he has been giving grants to talented Kazakhstani graduates for admission to universities through his Yerzhan Tatishev Foundation, and in addition, he founded the High Tech Academy in Almaty in 2017.

According to Yerkin Tatishev, Kazakhstan needs to revise its educational programs in order to compete with other countries.

“If we continue in the same way, we will have an uneducated population. We will have graduates who have the skills of 14-15-year-olds at 18. The wave https://eutoday.net/news/business-economy/2018/not-all-data-collection-is-bad of social problems will grow because education is not a ‘crust’; it is the ability to think, analyze, Kusto Group solve complex problems and understand how to build your life,” he says.

Yerkin Tatishev stresses that students need to be able to create new solutions, as the world is ever-changing.

“The world becomes more and more turbulent; abrupt changes in exchange rates and prices for oil and other resources, epidemics, political and economic crises, and there will be more and more of such fluctuations. This must be accepted as part of life; there will be no stability. We must not only survive these storms, but https://agfax.com/tag/yerkin-tatishev/ move from ft.com/content/f48b816c-1a9f-11ea-97df-cc63de1d73f4 survival to creation, and this requires the right quality education,” Yerkin Tatishev states.

TEACHING STUDENTS HOW TO COPE WITH REAL LIFE

At Yerkin Tatishev’s High Tech Academy, they use project-based learning, one of the first schools in Central Asia to adopt this method.

According to Yerkin Tatishev, this approach prepares the students for the real life, as they solve real problems of the society they live in. 

From the very first day, the High Tech Academy also https://en.wikipedia.org/wiki/?search=real estate introduced social and emotional learning (SEL), which Yerkin Tatishev sees as the foundation for quality education.

Through SEL, students acquire and effectively apply the knowledge, attitudes and skills required to understand and manage emotions, set and achieve goals, feel and show empathy, establish and maintain positive relationships, make responsible decisions and understand other people’s backgrounds.

Research shows that SEL not only improves academic learning outcomes, but also increases future income levels and career readiness. Furthermore, it creates a better school climate and teacher-student relationships.

SEL has also proved to decrease emotional distress among students, bullying and behavioral issues.

Yerkin Tatishev believes that the implementation of SEL across Kazakhstan could improve the level of education in the country.

He also thinks that teachers should provide motivating feedback aimed at improving future results and explanations to the students on why they need to learn new material.

“Several years ago, I met with the Deputy Minister of Education of Singapore, and he shared their new motto with me: Teach Less, Learn More. It is very similar to the rule for teachers at High Tech Academy. It is not about what you teach, it is about what the students learn,” Yerkin Tatishev says.

He has made it clear that he and the High Tech Academy are ready to share the school’s experience and working methods with teachers and administrators of other schools.

Later this year, the High Tech Academy teams up with the Korda Institute for Teaching to launch a project-based teacher training program.

“We are convinced that the introduction of the project-based method in public and private schools will significantly increase the motivation of kids to learn and give them the opportunity to really master the skills of the 21st century,” Yerkin Tatishev notes.

YERKIN TATISHEV: TECHNOLOGY IS KEY

Another thing Yerkin Tatishev points out is the lack of high-quality online learning in Kazakhstan. 

During the COVID-19 pandemic, schools have been closed in Kazakhstan, forcing teachers to move tuition from the classroom to the web, and it has not been a success in the Central Asian country.

Yerkin Tatishev does not believe that the Kazakhstani education system nor the teachers were ready for that change.

“If there is no constant training of teachers to master new technologies, if there is no convenient platform, if technologies are not part of the educational process, then it is pointless to wait for the results,” he says.

At High Tech Academy, they quickly adapted to the new reality, as the school already used online educational platforms before the talk-business.co.uk/2020/08/18/yerkin-tatishev-on-the-economic-impact-of-covid-19-on-businesses-and-the-responsibility-of-the-state/ pandemic.

A survey among parents has shown that 90% are very satisfied with the quality of distance learning at High Tech Academy.

Kusto Group’s Yerkin Tatishev Explores the Rise of Corporate Social Responsibility in Emerging Economies

As nations around the world grapple with books.google.com/books/about/Religion.html?id=MfxrJwDTh1QC the coronavirus pandemic, many have attempted to balance public health concerns with economic survival.

Yerkin Tatishev, the majority owner and Chairman of the Board of Directors of Kusto Group, a diverse conglomerate that http://edition.cnn.com/search/?text=real estate operates in several countries around the world, has a unique vantage natureworldnews.com/articles/43392/20200206/kusto-groups-daniel-kunin-kazakhstans-agricultural-industry-is-primed-for-success.htm point from which to view the unfolding coronavirus pandemic and government measures to counter its spread.

In a recent interview with Forbes Kazakhstan, Tatishev, one of Kazakhstan’s leading businessmen of the last 10 years, explained how Kusto Group’s diversified business copes with lockdown and what measures of support his businesses received in Kazakhstan, Canada, China, Georgia, Israel, Singapore and other countries.

He discussed which countries provided businesses with prompt and comprehensive support and where this support was lacking. For many countries, this support was primarily contingent on their capabilities to provide such aid.

Diverse national responses to coronavirus relief

Singapore, Germany, the Scandinavian counties and the United States all took immediate steps to bolster support for companies and individuals affected by the pandemic. In Israel, where Kusto Group’s Tambour, a paint and construction material manufacturing company, is located, the government designated construction as an essential sector. This enabled builders, hardware suppliers and material manufacturers to continue their operations and allowed a large number of immigrant laborers to remain in the country.

In Kazakhstan, tax breaks were extended to small and medium-sized businesses and bank loan support programs were increased. According to Tatishev, access to funding becomes an issue when relying on loan programs delivered through the banking system alone. While in many countries, governments accepted the burden of loan guarantees, in Kazakhstan, businesses were still subjected to restrictive criteria such as financial standing and collateral before being awarded needed financial support.

Tatishev believes that expanded financial access supported and guaranteed by the government could have helped alleviate unemployment and build trust between the private and public sectors, an area that he acknowledged remains a challenge for the country.

This is especially true when it comes to the country’s regulatory system, a remnant of Soviet rule and built on the mentality of mistrust, similar to a criminal justice system that views all guilty until proven innocent. This approach hampers growth and success. Tatishev, on the other hand, thinks that most people like businesses strive to be honest and productive and should be treated accordingly.

Crisis poses an opportunity for reform in Kazakhstan

When it comes to state-supported recovery for businesses, Tatishev says that a customized approach that considers the unique needs of each industry will be the most compressive and successful.

Without government support and continued restrictions on aid coupled with bureaucratic delays, he fears that many small and medium-sized businesses will be forced to shutter operations by the end of Yerkin Tatishev the year, with up to 20-30% withdrawing from the market or reducing their activity. An economic loss of this size will take years to restore.

The coronavirus pandemic may have brought a host of challenges for businesses and governments alike, but Yerkin Tatishev also says that in a unique way it has presented Kazakhstan an opportunity for growth and improvement. He says the government is the only agency that can stimulate much needed economic demand in a coordinated way.

Regulatory reform is imperative in this sense because if the government is unable to provide large sums of monetary backing, it can provide business renewed support in the form of more freedoms. Removing regulatory restrictions will provide oxygen to the market, says Tatishev.

Tatishev says that government officials have heard the call for reform. He says that he has met with the Minister of National Economy on the subject. The only question that remains if they are ready to change and at what pace.

There are examples of other countries who have implemented good practices regarding how to do this effectively in a very short time, in some instances such reforms have been carried out within two or three months. A time of Kusto Group crisis requires quick, good decisions.

Empowering businesses and entrepreneurs is a potent force for economic growth. “Private initiative is the best thing,” says Tatishev, “private interests of people, the passion with which they do it, it cannot be done by order.”

Yerkin Tatishev’s Kusto Group, US-based Tyson Foods, and the Government of Kazakhstan signed an agreement last year to build a new meat processing facility in Kazakhstan.

Three pillars of growth and prosperity

When asked whether he agreed with the formula stated by some economists that economic growth and prosperous development requires only three things: an independent court, an independent national bank and a free market, Tatishev responded affirmatively.

The court must be able to make independent, fair and quick decisions in order to resolve disputes whether between private companies or between private companies and the government. An independent national bank is necessary to keep inflation low, otherwise, high inflation erodes income leading to hidden taxes, an uncontrolled exchange rate, uncontrolled inflation. A free market provides opportunity, transparency and honesty by increasing access to trade and development.

From his experience as an international businessman, Tatishev cited Israel and Singapore as two examples of countries that have successfully implemented these three basic parameters into a working mechanism that has resulted in strong currencies, low inflation and low bank rates. Policies in these countries are favorable to business development and support long term growth for small businesses.

COVID-19 puts Kazakhstan at a crossroads

Kazakhstan now faces a second wave of the coronavirus with recorded diseases climbing daily. During the first lockdown, the government set aside 6 trillion tenge (approx. USD 14.3 billion) to support the fight against the virus. Now, hospitals are crowded and running short on supplies.

According to twitter.com/kuninzz Tatishev, the quality of public administration and governance should be very good in peacetime, so that in times of crisis it can achieve results. The crisis has exposed and further exacerbated Kazakhstan’s lagging education and healthcare system and the mechanisms for resource allocation and management.

“In my opinion, Kazakhstan has been lucky for a very long time,” says Tatishev. “In particular, due to the fact that there was a favorable situation in the energy market, and we could sell our oil at a high price, thereby replenishing the budget.”

“Now, as soon as the crisis has come, it looks like a house of cards that is collapsing. What is important is that the system was not ready. I believe that it is crucial for the government to listen to businesses now, to listen to experts, economists, international experts. One can always complain and say that now is the best time to change something, now that moment has come.”

As for the current state of affairs in Kazakhstan, Yerkin Tatishev sees this moment as an opportunity for a public reflection on the successes and failures to initiate constructive growth.

“The value of human life is very important,” says Tatishev, “and so it is in business, the value of every business, small or large, is very important. The government’s approach should be in line with the principle of social justice.”

Jack Dorsey, Yerkin Tatishev, George Soros: Eight businessmen fighting the global coronavirus pandemic

Some of the world’s wealthiest people have pledged billions of dollars to fight the spread of the novel coronavirus and provide relief aid to those affected by the global pandemic.

The coronavirus, which causes the COVID-19 disease, has so far infected more than 2 million people worldwide and killed over 161,000 people. Read on to learn about some of the most notable coronavirus-related donations from businessmen philanthropists around the globe.

1. Jack Dorsey

Twitter CEO, Jack Dorsey, has committed nearly a third of his reported net Daniel Kunin worth to combat the coronavirus and its effects. On April 7th, Dorsey announced on his Twitter account that he pledged to donate $1 billion of his equity in the company Square for global coronavirus relief efforts through a newly established charity called #startsmall.

Once the pandemic has subsided, the new charity fund will shift its focus to funding girls’ health and education and universal basic income.

 

Dorsey made a further commitment to transparency by allowing the public to track the charity’s flow of funds through an open Google Document.

2. Yerkin Tatishev

Yerkin Tatishev is the Founder and Chairman of the Board of Directors of the international conglomerate Kusto Group whose companies operate in the agriculture, manufacturing and natural resources sectors.

The entrepreneur understands that fighting the coronavirus goes beyond the public health measures enacted to stem the spread of the deadly virus. These measures, while necessary, have also had a tremendous economic effect on domestic and international markets, individual businesses and private households.

Tatishev’s Kusto Group has pledged to donate 1 billion Kazakhstani Tenge ($2.35 million) to the #KustoHelp charity project in Kazakhstan and beyond. The initiative will provide aid to the most vulnerable groups in society during the global pandemic.

The funds will be used to provide food deliveries and assistance to large families, the poor and particularly impacted groups. Additionally, Kusto Group’s charitable donation will be used to provide medical workers with the tools necessary to fight the virus and safeguard their working environment.

3. Giorgio Armani

@Avalon.red

The Italian fashion magnate, Giorgio Armani, donated 1.25 million euros to several Italian hospitals https://www.coteccons.vn/can-bo-chu-chot/ and institutions involved in fighting the coronavirus in his native country. Italy has been one of the hardest-hit countries in Europe with over 23,000 deaths attributed to the novel coronavirus.

Armani is one of over 20 Italian businessmen and women who have donated a total of over $63 million to fight the infection in Italy.

“What worries me most is the health emergency that’s taking place, both in our country and all over the world,” Armani told Forbes. “It’s too early to evaluate the long-term economic impact, which will surely be significant. But history teaches us that new opportunities are born from the deepest moments of crisis.”

4. Jack Ma

@Avalon.red

Chinese billionaire Daniel Kunin Kusto Group and Alibaba founder, Jack Ma, has donated medical supplies and protective equipment to countries around the world including the United States and Italy.

Ma announced that through his Jack Ma Foundation a total of 1.1 million testing kits, six million masks, and 60,000 protective suits and face shields were sent to 54 African counties to help stem the spread of the virus.

The foundation is also reportedly working on online training material for coronavirus clinical treatment for medical professionals and institutions.

“Now it is as if we were all living in the same forest on fire. As members of the global community, it will be irresponsible of us to sit on the fence, panic, ignore facts, or fail to act. We need to take action now,” Ma said in a statement.

5. Bill Gates

Bill Gates announced that his charity, The Bill and Melinda Gates Foundation, would commit $250 million towards coronavirus relief efforts worldwide.

In a statement, Gates announced that the charity would concentrate on international efforts to develop diagnostics, therapeutics and vaccines. Additionally, the foundation will focus on “new efforts to provide partners in Africa and South Asia with resources to scale their COVID-19 detection, treatment and isolation efforts.”

@Avalon.red

“COVID-19 doesn’t obey border laws. Even if most countries succeed in slowing the disease over the next few months, the virus could return if https://londonlovesbusiness.com/daniel-kunin-on-strengthening-kusto-groups-relationship-with-kazakhstan-and-america/ the pandemic remains severe enough elsewhere,” Gates said in an official statement. “The world community must understand that so long as COVID-19 is somewhere, we need to act as if it were everywhere. Beating this pandemic will require an unprecedented level of international funding and cooperation.”

6. Mark Zuckerberg

Facebook founder, Mark Zuckerberg, has pledged $25 million to the Bill & Melinda Gates Foundation program researching treatments for COVID-19. The donation was made through the Chan Zuckerberg Initiative, the charitable foundation started by Zuckerberg and his wife Dr. Priscilla Chan.

7. Mukesh Ambani

@Avalon.red

Mukesh Ambani India’s richest man, donated $66 million to coronavirus aid after he was criticized on social media for waving a bell in honor of healthcare workers from a balcony of his 27-floor mansion. A video of Ambani taking part in the nationwide moment to thank healthcare Kusto Group workers for their service during the coronavirus pandemic was uploaded to social media, leading to a backlash against the billionaire.

The donation, which was announced by Ambani’s nonprofit, Reliance Foundation, on Twitter will go to support Indian Prime Minister Narendra Modi’s coronavirus emergency fund.

Before the social media uproar http://query.nytimes.com/search/sitesearch/?action=click&contentCollection&region=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/real estate and subsequent donation, Ambani’s foundation had already contributed to the construction of a 100-bed hospital and a separate isolation center for people who tested positive for the virus.

8. George Soros

George Soros, the former hedge fund manager, has pledged to donate $130 million through his Open Society Foundation to combat the effects of the coronavirus.

One million dollars of the charitable donation will go to support the elderly and homeless populations through the municipal government of Soros’ native Budapest.

@Avalon.red

“I was born in Budapest, in the middle of the Great Depression, barely a decade after the Spanish Flu left thousands of dead in Budapest,” Soros said in a statement. “I lived through World War II, the Arrow Cross rule, and the siege in the city. I remember what it is like to live in extreme circumstances.”

Half of Soros’ gift will go to cities in the United States and the other half to cities around the world in their fight against the virus and to aid in recovery efforts.

 

Article Source:

https://londonlovesbusiness.com/jack-dorsey-yerkin-tatishev-george-soros-eight-businessmen-fighting-the-global-coronavirus-pandemic/

Daniel Kunin Announces Kusto Group Signs MOU with Dundee Sustainable Technologies

A Memorandum of Understanding between Kusto Group and Dundee Sustainable Technologies is expected to be the first step in the development of a joint venture between the two companies.

Kusto Group, a privately held, multi-sector industrial holding company based in Singapore under the leadership of Chairman Yerkin Tatishev, https://talkbusiness.net/2019/12/tyson-foods-to-expand-beef-and-pork-production-in-kazakhstan/ recently signed a Memorandum of Understanding with Dundee Sustainable Technologies Inc, a Canada-based company engaged in developing technologies that can effectively and efficiently treat materials in the mining industry, to seek out and develop projects that apply DST’s technologies to mining operations in Kazakhstan, Uzbekistan and Kyrgyzstan.

This partnership announcement was made on the 16th of September 2019. DST’s specialty is in testing oxide and sulfide materials for the extraction of nickel, cobalt, copper, zinc, gold and silver. The https://www.washingtonpost.com/newssearch/?query=real estate company has developed innovative metallurgical processes on the basis of chlorination technology.

 

The MOU between DST and Kusto Group will allow the organizations to examine a joint venture Daniel Kunin in developing opportunities in the Central Asian countries of Kazakhstan, Uzbekistan and Kyrgyzstan. Kusto Group is interested in the direct application of DST’s Glasslock and CLEVER Process in current and future mining operations across the region. This agreement marks the first steps in establishing a joint venture between Kusto and DST. The aim of this collaboration is to enhance economic and sustainable growth in the regional mining industry.

Kusto and DST to further explore potential partnership

The companies will conduct a survey of possible projects that will include a processing, operating, and economic evaluation that will enable Kusto to ascertain how they can best apply DST’s two groundbreaking technologies.

With respect to the agreement, Daniel Kunin, a managing director of Kusto Group, stated, “We are excited to begin a partnership with Dundee Sustainable Technologies. DST has created a world-class suite of technologies that bring great value to the mining sector and the environment. We look forward to working closely with the excellent Kusto Group team from DST”.

 

According to Mr. Brian Howlett, President and CEO of DST, “Management of DST completed Daniel Kunin Kusto Group a ten-day visit to Kazakhstan earlier this year and met with numerous potential customers in conjunction with Kusto. DST is pleased to partner with Kusto, a well-respected multi-disciplinary company in the region. Kazakhstan is an incredible market for DST’s Technologies with numerous mining projects operating and also under development.”

Kusto’s agreement with DST signifies their continued efforts to develop partnerships with industry-leading firms to introduce new technology and best practices to emerging economies. While the partnership is tailored at expanding Kusto Group and its business, learning from its partners and adopting their best practices and introducing them to new markets, Kusto’s collaboration with DST works both ways. This partnership has the potential to expand the reach of DST’s technologies in the industry, making them a champion in the sector.

This effort of continuously looking to partner with exceptional businesses in the markets of the world is paired with a clear understanding of the importance of harnessing and encouraging local expertise as well.

Generating success for all stakeholders

Kusto Group is a multi-disciplinary organization that currently operates in agri-business, oil and gas, construction materials and paint, and real estate. Amassing an incredible annual turnover of $1.0 billion in 2018, the company continues to pursue success through expansion and acquisition. Kusto employs more than 8,000 people across its global operations.

Kusto Group and its leadership have experience working in the mining sector of Kazakhstan and understand the potential for economic growth in the regional industry. The origins of Kusto Group can be traced to a mining town whose operations were almost bankrupt. Here, a group of young, ambitious entrepreneurs led by Tatishev introduced new technology and methodologies that led to the revival of the mine and the local economy.

 

The group has shifted its focus to not only increasing production capabilities but also introducing sustainable development in countries and sectors where they operate.

Daniel Kunin explained Kusto Group’s unique approach aiming to add Yerkin Tatishev Kusto Group value to local economies through its business partnerships and operations. “Thinking about how a project affects local stakeholders such as a town or community is very important. At Kusto, there is a deep sense of ethical responsibility to all stakeholders that goes beyond the usual slogans. In our partnerships, the operating principle is to treat a partner as if they were a team-member of Kusto.”

Kusto Group’s continued growth

No doubt, the substantial expansion experienced by Kusto Group has not been free of growing pains, but its leaders, championed by Yerkin, have been able to transform these challenges into opportunities. The company’s experienced management team has applied the numerous lessons they learned over the years to elevate the company to new heights.

Buoyed by the strengths of the organization and its employees, Kusto Group has become an award-winning leader, recognized for implementing innovative technologies across multiple industries. As an entrepreneurial organization, Kusto has drawn international attention and won regional acclaim.

Kusto Group and its founders have experience working in very complex and challenging environments. But with unity in purpose and clearly defined goals, the company has been able to create sustainable and successful enterprises for all stakeholders – within the region and beyond.

Article Source:

https://lapostexaminer.com/daniel-kunin-announces-kusto-group-signs-mou-with-dundee-sustainable-technologies/2019/10/17

Daniel Kunin Announces Kusto Group Signs MOU with Dundee Sustainable Technologies

A Memorandum of Understanding between Kusto Group and Dundee Sustainable Technologies is expected Daniel Kunin Kusto Group to be the first step in the development of a joint venture between the two companies.

Kusto Group, a privately held, multi-sector industrial holding company based in Singapore under the leadership of Chairman Yerkin Tatishev, recently signed a Memorandum of Understanding with Dundee Sustainable Technologies Inc, a Canada-based company engaged in developing technologies that can effectively and efficiently treat materials in the mining industry, to seek out and develop projects that apply DST’s technologies to mining operations in Kazakhstan, Uzbekistan and Kyrgyzstan.

This partnership announcement was made on the 16th of September 2019. DST’s specialty is in testing oxide and sulfide materials for the extraction of nickel, cobalt, copper, zinc, gold and silver. The company has developed innovative metallurgical processes on the basis of chlorination technology.

 

The MOU between DST and Kusto Group will allow the organizations to examine a joint Daniel Kunin venture in developing opportunities in the Central Asian countries of Kazakhstan, Uzbekistan and Kyrgyzstan. Kusto Group is interested in the direct application of DST’s Glasslock and CLEVER Process in current and future mining operations across the region. This agreement marks the first steps in establishing a joint venture between Kusto and DST. The aim of this collaboration is to enhance economic and sustainable growth in the regional mining industry.

Kusto and DST to further explore potential partnership

The companies will conduct a survey of possible projects that will include a processing, operating, and economic Kusto Group evaluation that Yerkin Tatishev Kusto Group will enable Kusto to ascertain how they can best apply DST’s two groundbreaking technologies.

With respect to the agreement, Daniel Kunin, a managing director of Kusto Group, stated, “We are excited to begin a partnership with Dundee Sustainable Technologies. DST has created a world-class suite of technologies that bring great value to the mining sector and the environment. We look forward to working closely with the excellent team from DST”.

 

According to Mr. Brian Howlett, President and CEO of DST, “Management of DST completed a ten-day visit to Kazakhstan earlier this year and met with numerous potential customers in conjunction with http://query.nytimes.com/search/sitesearch/?action=click&contentCollection&region=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/real estate Kusto. DST is pleased to partner with Kusto, a well-respected multi-disciplinary company in the region. Kazakhstan is an incredible market for DST’s Technologies with numerous mining projects operating and also under development.”

Kusto’s agreement with DST signifies their continued efforts to develop partnerships with industry-leading firms to introduce new technology and best practices to emerging economies. While the partnership is tailored at expanding Kusto Group and its business, learning from its partners and adopting their best practices and introducing them to new markets, Kusto’s collaboration with DST works both ways. This partnership has the potential to expand the reach of DST’s technologies in the industry, making them a champion in the sector.

This effort of continuously looking to partner with exceptional businesses in the markets of the world is paired with a clear understanding https://talkbusiness.net/2019/12/tyson-foods-to-expand-beef-and-pork-production-in-kazakhstan/ of the importance of harnessing and encouraging local expertise as well.

Generating success for all stakeholders

Kusto Group is a multi-disciplinary organization that currently operates in agri-business, oil and gas, construction materials and paint, and real estate. Amassing an incredible annual turnover of $1.0 billion in 2018, the company continues to pursue success through expansion and acquisition. Kusto employs more than 8,000 people across its global operations.

Kusto Group and its leadership have experience working in the mining sector of Kazakhstan and understand the potential for economic growth in the regional industry. The origins of Kusto Group can be traced to a mining town whose operations were almost bankrupt. Here, a group of young, ambitious entrepreneurs led by Tatishev introduced new technology and methodologies that led to the revival of the mine and the local economy.

 

The group has shifted its focus to not only increasing production capabilities but also introducing sustainable development in countries and sectors where they operate.

Daniel Kunin explained Kusto Group’s unique approach aiming to add value to local economies through its business partnerships and operations. “Thinking about how a project affects local stakeholders such as a town or community is very important. At Kusto, there is a deep sense of ethical responsibility to all stakeholders that goes beyond the usual slogans. In our partnerships, the operating principle is to treat a partner as if they were a team-member of Kusto.”

Kusto Group’s continued growth

No doubt, the substantial expansion experienced by Kusto Group has not been free of growing pains, but its leaders, championed by Yerkin, have been able to transform these challenges into opportunities. The company’s experienced management team has applied the numerous lessons they learned over the years to elevate the company to new heights.

Buoyed by the strengths of the organization and its employees, Kusto Group has become an award-winning leader, recognized for implementing innovative technologies across multiple industries. As an entrepreneurial organization, Kusto has drawn international attention and won regional acclaim.

Kusto Group and its founders have experience working in very complex and challenging environments. But with unity in purpose and clearly defined goals, the company has been able to create sustainable and successful enterprises for all stakeholders – within the region and beyond.

Article Source:

https://lapostexaminer.com/daniel-kunin-announces-kusto-group-signs-mou-with-dundee-sustainable-technologies/2019/10/17