NC “Kazakhstan Engineering” JSC to sell 49% stake in “Indra Kazakhstan engineering” LLP and 42.13% stake in “ZIKSTO” JSC

NC “Kazakhstan Engineering” JSC to sell 49% stake in “Indra Kazakhstan engineering” LLP and 42.13% stake in “ZIKSTO” JSC

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30 May 2017

NC “Kazakhstan Engineering” JSC plans to sell 49% stake in “Indra Kazakhstan engineering” LLP and 42.13% stake in “ZIKSTO” JSC.

The English electronic auctions will take place on June 20, 2017.

The starting price of 49% stake in “Indra Kazakhstan engineering” LLP is KZT 58 331 000, 42.13% stake in “ZIKSTO” JSC- KZT 2 292 022 000.

“Indra Kazakhstan Engineering” LLP produces and repairs radar stations, electronic warfare  and radar surveillance

systems and other military electronic equipment. In 2014, the company's revenue increased by 520.9%, in 2015 decreased by 52.6%. In 2015, the total profit amounted to KZT 324 053 000. 51% stake in “Indra Kazakhstan engineering” LLP belongs to Indra Sistemas S.A.

"ZIKSTO" JSC manufactures equipment, components and parts for the railway industry. In 2016, the total loss of the company was KZT 21 978 thousand. Shareholders are "NC" Kazakhstan Engineering" JSC (42.13%), "Premiumvagonkomplekt" LLP (54.51%), individuals (3.36%).

The detailed information is available at www.gosreestr.kz