History of the Company

History of the Company

In accordance with the Government Enactment № 1750 of the Republic of Kazakhstan dated December 11, 1997 “On creation of the Republican State Enterprise “Kedentransservice” the Republican State Enterprise “Kedentransservice” was created on the right to execute customs escort of goods and vehicles. Customs Committee of the Ministry of Finance of the Republic of Kazakhstan was defined as the governmental body for the enterprise, and the body carrying out the functions of the subject of state ownership in relation to it.

According to the list of railway facilities property (freight yards) transferred to the balance of the RSE “Kedentransservice”, approved by the Ministry of Transport, Communications and Tourism of the Republic of Kazakhstan № 2461 dated 26.05.1999 “On the transfer of the property of the Republican State Enterprise “Kazakhstan Temir Zholy” to the Republican State Enterprise “Kedentransservice” 21 units freight yards were transferred.

In connection with the reorganization of the Ministry of Finance of the Republic of Kazakhstan in accordance with the Decree № 4114 of the President of the Republic of Kazakhstan dated October 12, 1998 the Customs Committee was incorporated into the newly created Ministry of State Revenues of the Republic of Kazakhstan. According to the Government Enactment № 1374 of the Republic of Kazakhstan as of December 31, 1998 “On Amendments to the Decree № 1750 of the Government of the Republic of Kazakhstan as of December 11, 1997” the Ministry of State Revenues of the Republic of Kazakhstan is determined as authorized body of the Company.

According to the Government Enactment № 864 of the Republic of Kazakhstan dated June 26, 1999 “On the reorganization of the Republican State Enterprise “Kedentransservice” the RSE “Kedentransservice” was reorganized into a Closed Joint Stock Company “Kedentransservice”.

Given the requirements of the Law № 415 of the Republic of Kazakhstan dated May 13, 2003 “On Joint Stock Companies” in June 15, 2004 (Certificate of state re-registration number 28180-1910-AO) CJSC Kedentransservice was registered as the Joint-Stock Company “Kedentransservice”.