/KASE, November 16, 2020/ – Development Bank of Kazakhstan (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of November 1in 2020:

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World economies are struggling with the blow from consequences of the pandemic, especially businesses are suffering, most of whom have not been able to regain their pre-quarantine positions and figures. A slowdown is observed not only in production, but also in consumption. According to expert data, quarantine measures related to coronavirus around the world have already affected business more than the 2008 financial crisis. Nevertheless, there are exceptions – those who managed not only to "revive" their assets, but also to increase them. The company "YDD Corporation" LLP, for example, is launching a third furnace of the plant for production of high-quality ferrosilicon.

According to the founders of the plant Y. Nigmatulin, D. Kemertelidze and Zh. Appaz, such success is based on the efficient structuring of business processes, timely optimization of the transport logistics scheme, competent construction of production cycles, as well as sales policy.

The capacity of the third furnace is 85.5 MVA, with its commissioning, the total production capacity of the ferroalloy plant of "YDD Corporation" LLP will increase by 30% and will amount to 180 thousand tons per year.

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The complete press release is available on – see more

[2020-11-16]