+ 7 (727) 277 71 11

Our mission is to facilitate development and improvement of Kazakhstan’s economy through establishment of competitive production facilities, promote a long-term economic growth and social stability, contribute to prosperity and progress, ensure preservation of a favorable environment and rational use of natural resources. 

Our mission – to facilitate development and improvement of Kazakhstan’s economy by way of establishment of competitive production facilities, to promote a long-term and steady economic growth, to facilitate social stability, prosperity and progress, to ensure preservation of a favorable environment and rational use of natural resources.

+ 7 (727) 277 71 11

History

2001
Company establishment
Company establishment in the form of limited liability partnership “SAT & Company”.
Basic type of activity is petroleum products trading.
2004
Creation of mechanical engineering holding
In 2004 a mechanical engineering holding producing oil-and-gas equipment was created in the structure of the Company. As part of the implementation of State Program for Development of Petrochemical Industry in Atyrau Region, the Company launched a project to build the first integrated petrochemical complex in Kazakhstan.
2006
There are 50 companies within a Holding.
The Company becomes a large holding, uniting up to 50 companies. The Partnership was reorganized into Joint Stock Company. First securities issue.
2007
New strategy of development
In 2007 the Company revised its development strategy and assigned metallurgy and mining as a major point of development. The active market researches in this sphere are underway.
2008
Entering the Kazakhstan Stock Exchange
In 2008, ordinary and preferred shares and bonds of the Company were included in the official list of Kazakhstan Stock Exchange JSC. In accordance with the new concept, the Company consistently implements a number of strategic acquisitions in metallurgical sector. Enterprises producing ferromanganese, chromium, nickel and other minerals as well as metallurgical plants for the production of ferroalloys are acquired both in Kazakhstan and abroad - Turkey and China.
2011-2016
Sustainable development
The company continues to acquire assets of the metallurgical industry.
2017
Optimizing Nickel Production
The company is actively seeking a new, less capital-intensive way to produce nickel from laterite ores of the Gornostaevskoye deposit.
2018
Change of Company Name
On September 26, 2018, SAT & Company JSC underwent a procedure of state re-registration in the judicial authorities in connection with the change of name to Fincraft Resources JSC.
2018
Debt load reduction
Realization of ferroalloy assets and reduction of debt load in front of second-tier banks from 13 billion tenge to zero.
2018
Increase the authorized capital
In 2018, the authorized capital was increased by 1 904 billion tenge.
2018
Consolidation of Petropavlovsk PLC shares
Conclusion of a deal to consolidate a 22% stake in Petropavlovsk PLC, as well as its bonds through the structure of Fincraft Holdings LTD.