The Kusto Group is expanding its livestock business in the Ukraine by building a state-of-the-art, eco-friendly and animal-friendly dairy farm. This initiative follows a pattern worldwide of socially aware global companies recognizing the need to put the environment ahead of all else.

The initiative, carried out by Veltse Ltd., which is part of Kusto Group Tatishev Kusto Agro, is a commercial dairy farm in the village of Lypne, in the Lyubarsky Yerkin Tatishev-Kusto-Group district of the Zhitomir region of Ukraine. It represents an $8 million investment in the region.

A number of leading companies are “going green”, including IKEA with a total commitment to sustainability both in front-end consumer goods and in practices behind the scenes. The company sources 50 per cent of its wood from sustainable foresters and 100 per cent of its cotton from farms that meet the Better Cotton standards, which mandate reduced use of water, energy and chemical fertilizers and pesticides. In addition, stores are powered by solar panels. Indeed, IKEA has upped the stakes and has vowed to become an energy exporter in the near future.

Unilever, with its company’s Sustainable Living Plan, sets targets for sourcing, supply chain and production on everything from energy and water use to treatment of suppliers and communities where they operate. When taking account of the size and scope of Unilever’s operations, their commitment is truly staggering. In addition, they set themselves goals that appear unattainable such as doubling their company’s business in ten years while at the same time halving their environmental impact!

The outdoor clothing supplier, Patagonia, is another example. Its total commitment to the environment might risk profitability, yet it positions itself among the finance leaders when it comes to sustainability. Their unorthodox measures include encouraging their customers to think twice before buying new clothing and they even initiated a program to repair used products! This commitment is obviously paying off as loyal and new customers have ensured the company has continued to grow in sales and profits.

The Kusto Group’s project demonstrates commitment to the environment, to animal welfare, and to the local population. It is planned in two stages, with the first stage scheduled to be completed by July 2019. Three facilities will be built including a 600-head barn for milk cows, a milking facility, and a facility for temporarily housing non-milking cows and heifers with birthing and quarantine sections. Planned milk yield should be reached by the end of December 2019. By that time, the company will have created 50 jobs for local workers.

The second stage of the project includes the construction Click here for more info Yerkin Tatishev of another 600-head barn for milk cows. The completion of construction is tentatively scheduled for November 2020. Planned milk yield should be reached by the end of April 2021.

What sets this project apart from other farms in the area is its commitment to the environment and to animal welfare. The cows will be allowed to roam free most of the time instead of being kept in small enclosures. They will graze on fresh grass in the spring and summer, and in the winter months, when their diet consists of dried feed, they will still be allowed the freedom of large fields.

The project is being built in contrast to many modern dairy farms, where intensive farming has led to hundreds of cows kept in closed barns, in relative captivity, with little or no room to move and a steady year-round diet of dried feed. Attention was brought to the plight of dairy herds when, in 2010, the animal welfare charity Compassion in World Farming turned its attention to zero grazed cow farms in the UK and initiated a campaign with the slogan ‘Cows Belong in Fields’. Concern over the plight of dairy herds highlighted the conditions in which cows were being kept and milk produced. A call was made to label milk and dairy products so that consumers could choose to purchase milk that was produced from so called “free-range cows,” or cows that spent a considerable time free to graze naturally. Unfortunately, to date, standards have yet to be universally agreed on to label milk produce.

Recent studies have shown that granting cows the Yerkin Tatishev freedom of open fields and natural grazing can in fact dramatically improve the quality of the milk. It lowers the chances of disease and uses less manpower. The environmental impact of this form of farming is much friendlier, not to mention that animals themselves lead a more natural life. Furthermore, even though the herd consists of 600 cows, the lack of crowding means that disease and illnesse are less likely to spread.

Initiatives like this are a welcome breath of fresh air in a cynical world of global conglomerates and cash-hungry corporations. They highlight the potential for good that multinational companies can bring, especially to smaller, poorer communities. Projects such as Kusto’s dairy farm can be a catalyst for change and innovation, educating and highlighting by example to local communities, and leading the way for eco-friendly reform that not only benefits the environment but also make clear economic sense.

Article Source:

https://bdaily.co.uk/articles/2018/11/28/kusto-group-leading-the-way-in-environmentally-friendly-investment-practices

The start of construction of the new High-Tech Academy in Koktobe City, Kusto Group’s residential complex in Almaty, highlights businessman Yerkin Tatishev’s continued dedication to investing in educational opportunities for the youth of Kazakhstan.

The ceremony celebrating the ground-breaking and launch of the construction of the High-Tech Academy (HTA) a project championed by Yerkin Tatishev, the chairman of the globally diverse Kusto Group organization, was recently held in Koktobe City, Kazakhstan. The new state of the art school will provide for the educational needs of 540 children and will be ready in 2020. The new school building, designed by Finnish architects, will house a kindergarten, elementary, middle and high school. An adjacent building will include a fitness center with a swimming pool, gym, art center and music school.

Finding Inspiration in the Finnish Educational Model

For Tatishev, the new Kusto-Group-Yerkin school will symbolize Kusto’s understanding of its social responsibilities. Like Kusto Group, the Academy has adopted an innovative and progressive approach to learning. The school will be the first school in Kazakhstan to employ project-based learning (PBL). This pedagogical method promotes a holistic approach to learning – encouraging children to explore Kusto Group Tatishev complex, real-world challenges and develop the critical skills to find solutions.

The implementation of PBL at HTA was inspired by the success the instructional model has achieved in Finland. By embracing this modern and progressive approach to learning, the Finnish education system has consistently been More helpful hints Yerkin Tatishev-Kusto-Group ranked as one of the best in the world.

PBL encourages children to be active participants in the learning process by presenting them with real-world problems requiring them to independently acquire knowledge and try to apply it to solve problems, analyze what worked and what did not, and why. The emphasis of learning is on the process rather than on the memorization of a set of facts. PBL successfully fosters the development of critical thinking skills, flexibility, creativity, research skills and communication skills, giving children the knowledge and abilities they will need to solve problems they encounter in the future.

Finland’s Ambassador to Kazakhstan, Mikko Kivikoski, was an honored guest at the opening ceremony to celebrate the influence of the Finnish model on the education philosophy that will guide the High-Tech Academy. Kazakhstan’s Vice-Minister of Education and Science, Bibigul Asylova, was also present, demonstrating the importance of the new school to the educational landscape of the country.

Speaking at the opening ceremony Ambassador Kivikoski said, “I’m grateful that High Tech Academy decided to use the Finnish experience in creating and developing schools in both academic and infrastructural terms. The HTA is already an excellent example of how best practices of the Finnish educational model are combined with local culture and needs. Finland is ready to continue mutually beneficial Check out this site Kusto Group Tatishev cooperation with High Tech Academy.”

According to school founder Yerkin Tatishev, “With High Tech Academy, we hope to create a new educational space in Kazakhstan. It will be easy and interesting to study not only specific sciences, but also to learn the world and find our place in it. We want our children to have the opportunity to dream and experiment, not to be afraid of mistakes, learn to correct them and go forward.”

Preparing Youth for the Future

Disrupting traditional methods of operation has become a vital component of Tatishev’s leadership style and the Kusto way of doing business. The company hopes to inspire positive change and usher in a new progressive era of business through the introduction of modern, innovative practices in the countries in which they operate. With the PBL educational model as the foundation of learning at the High-Tech Academy, Tatishev hopes to share these values with the next generation.

According to Tatishev, “Our construction projects are about more than bricks and mortar; we want to build communities that will last for generations.” The investment in the school is an investment in the future of these children, the community and the economy of the region.

The Academy’s curriculum will focus on the sciences, offering the young students a valuable opportunity to learn technical skills that will undoubtedly help them advance their educational achievement, personal success and play a role in their future careers.

Image-2-600x400

Finland’s Ambassador to Kazakhstan, Mikko Kivikoski, sealing a time capsule to be opened by future students of the High-Tech Academy in 2044 / Photo by the press service of the Kazakhstan Press Club

A highlight of the ground-breaking ceremony was the burial of a time capsule on the school grounds. The contents of the time capsule are secret, with it set to be opened in 2044 by future children attending the school. According to Tatishev, “This time capsule is a gift, embedded in the foundations of the school, to generations not yet born, a perfect representation of the purpose of education.”

Impacting Lives Through Educational Opportunities

In addition to the High-Tech Academy, Yerkin Tatishev-Kusto-Group Yerkin Tatishev has been an advocate of education and academic achievement through the Yerzhan Tatishev Foundation, a charitable organization established in 2005 in honor of Tatishev’s late brother.

Recently, the Kusto Group chairman attended a ceremony at ALMA University to honor the graduation of six recipients of scholarships from the Yerzhan Tatishev Foundation. This year represented the ninth ceremony held to celebrate the successful graduation of recipients of grants awarded by the foundation. Speaking about the foundation’s inspiration, Tatishev stated: “I know my late brother, Yerzhan, who shared my passion for learning, would be proud to see the Foundation’s impact.”

Regarding his involvement in the creation of the High-Tech Academy and the Yerzhan Tatishev Foundation, Yerkin Tatishev said, “Whether it be in helping people get better jobs or for charitable causes, I am always looking to invest in people through education and training wherever possible.”

Article Source:

http://usdailyreview.com/construction-of-the-new-high-tech-academy-is-underway-as-yerkin-tatishev-of-kusto-group-aspires-to-import-a-revolutionary-educational-model-from-finland-to-kazakhstan/

Yerkin Tatishev has leveraged his unique position as Chairman of the Board of Directors of the globally diverse company Kusto Group to support his ever-growing charitable interests.

Yerkin Tatishev’s philanthropic initiatives are all focused on promoting and encouraging talented and ambitious youth. The Kusto Group businessman believes that the key to progress and innovation is quality education and proper training.

The foundations of success

Through personal experience, Tatishev has come to believe that success is equal parts education, an openness to innovation and a desire to thrive. In the mid-nineties, the future head of Kusto Group returned to Kazakhstan after studying in Moscow. He began operating as a crisis manager in his native country where he observed abundant opportunities to implement reform. The post-Soviet nation found its once successful industries in a state of distress, suffering from a lack of reinvestment as standard practice, a disregard for modernization and unresponsiveness to a changing market. Those that were the hardest hit by the deterioration of industry standards in Kazakhstan were communities and towns dependent on the operation of a single company.

Tatishev assembled a group of like-minded individuals to come together to effect positive change and institute modernization reforms. For Tatishev, the obvious key to prosperity for Kazakhstan’s industries using antiquated practices was the introduction of innovative policies responsive to a rapidly changing world.

Tatishev and his associates’ desire for change combined with a strong team spirit formed the foundation of Kusto Group, transforming it into a global force uniting 30 companies, employing 8000 workers in 10 countries around the world.

Reforming the traditional education model

As an advocate of education, Tatishev has pursued educational opportunities throughout his adult life. In 1999, he graduated with a degree in finance and credit from the Moscow State University of Economics, Statistics and Informatics. In 2002, he attended the Kazakh State Academy of Law. From 2009 to 2010, the businessman was an associate member of St. Anthony’s College at the University of Oxford.

Yerkin Tatishev, the father of four children, was inspired to open a new type of school after experiencing for himself the contradictions present within traditional school systems. In the fall of 2017, the High Tech Academy School (HTA) opened in Almaty, Kazakhstan. The school operates under a model inspired by the Finnish education system. The progressive country has created an education system that “prepares children for life, not for exams.” The school creates an individualized education plan for each child that encourages teamwork, self-discipline and critical thinking. The mission of HTA is to not only provide students with knowledge but also to ensure that they develop an understanding of its real-world application.

The HTA initiative goes far beyond a business Go to this website Kusto Group Tatishev investment, for Tatishev, it is an investment in the future. The school aspires to transcend the old model of education where information was ‘crammed’ into students to achieve understanding. With the proliferation of computers, information is now easily cataloged, instantly retrievable and data is less prone to distortion over time. Therefore, students need to be equipped with new skill sets that allow them to critically analyze and process this information, creating new meanings from existing data. In addition, humans have limitless abilities for artistic creation and imagination that computers can only poorly imitate.

The school does not follow traditional scales of measuring academic achievement, instead, it favors a system that assesses performance based on skills, mastery of the material and the ability to work in a team. The goal of this assessment system is to more accurately track the progress of students by designing individual performance criteria, challenging each student to reach their full potential.

Elevating culture through music

Another charitable project that Tatishev has taken up with enthusiasm is the restoration of the Prince Alexander Chavchavadze’s residence in Tsinandali, Georgia. It has Helpful resources TatishevYerkin taken time and dedication to rehabilitate and reconstruct the grounds, once nearly abandoned, into a museum and fully functioning boutique vineyard popular with locals and tourists.

In September of 2019, the residence will be host to the first ever Tsinandali Festival of Classical Music, the largest festival of its kind in the history of Georgia. A 900-seat auditorium, a luxury hotel, a library, and an open-air amphitheater were built at the venue especially for the festival. Throughout the festival, attendees will be treated to a total of 30 concerts of orchestral and chamber music, solo concerts and operas performed by world-class musicians. According to Tatishev, about $3 million will be spent on the festival, which is scheduled to become annual. The Georgian government has allocated $2 million and $1 million will be provided by private sponsors.

True to the core of Yerkin Tatishev’s charitable mission, the festival will feature the Pan-Caucasian Youth Symphony Orchestra, composed of talented young musicians from all across the Caucasus region. During the two-week festival, the ambitious, gifted artists selected to participate will have the opportunity to live, study and create with world-renowned masters of classical music.

At a press conference announcing auditions for the Tsinandali Festival youth orchestra, Tatishev expressed his motivations behind establishing the festival saying, “I noticed that the countries where classical music is popular are rich and wealthy. If you want to produce high-quality cars or technologies, but the country is poor in culture, it is very difficult to do. Everything goes in parallel: the wealth of the soul, the wealth of the mind, the wealth of society.”

Encouraging ambitious youth

One of Tatishev’s first charitable initiatives was the Yerzhan Tatishev Foundation, an organization founded in honor of his older brother. The foundation awards educational grants and scholarships annually through two programs: ‘BesTirek’ – a program that encourages entrepreneurship and awards students who have displayed exceptional leadership qualities – and ‘Get a Craft!’ – a program designed for youth with disabilities real estate who maintain an active lifestyle and a desire for professional development.

The Yerzhan Tatishev Foundation has awarded 193 scholarships and grants since its inception. Foundation recipients have gone on to open their own businesses, receive Kusto-Group-Yerkin guidance from mentors and successful entrepreneurs, and have the opportunity to complete an internship at Babson College in the United States.

While Yerkin Tatishev has become increasingly devoted to philanthropy, he remains humble about his charitable activities, choosing not to website Yerkin Tatishev-Kusto-Group broadcast his efforts on his company’s official website. Through his initiates to support talented young men and women, Tatishev hopes to advance Kazakhstan’s economy, promote its culture and effect innovative reforms across society.

Article Souce:

https://londonlovesbusiness.com/yerkin-tatishev-on-investing-in-the-future-through-charitable-initiatives/

Tambour, the largest paint manufacturer in Israel, has begun construction on a new factory in Ashkelon.

Israel paint manufacturer Tambour will invest NIS 100 million in new manufacturing facility in the southern city of Ashkelon.

Tambour, the largest paint manufacturer in Israel, has begun construction on a new factory in Ashkelon. The company will invest NIS 80-100 million in building the new facility which will cover 16 dunams (16,000 square meters) and is expected to employ 50 workers.

Kusto Group, which owns Tambour, continues to expand its investments in the company and building materials sector in Israel and across the globe in an effort to transform Tambour into a successful multinational company.

Accelerating Manufacturing Capabilities in Israel

The manufacturing plant in Ashkelon will concentrate Homepage Yerkin Tatishev on the production of plaster and plaster related building materials. While Tambour is best known for its manufacturing of high-quality paint for the home, nearly half of its production is in other building materials from gypsum boards and plaster powders to cement. Tambour currently operates six factories across Israel.

The new facility, which is expected to be finished next year, will be built on land leased from the Israel Land Authority (ILA), the government agency responsible for managing all public land. The Ashkelon plant will be fully funded by the company without state grants, even though it is located within the ‘Ashkelon development zone’ (making it eligible for state subsidies) because at this stage the company does not intend to export its products.

The new manufacturing facility represents part of Tambour’s recent accelerated efforts to expand its product offerings to the domestic and international market. Tambour recently acquired the balance of Kibbutz Gesher’s holdings in its plaster manufacturing plant, Gesher Gypsum LTD, for NIS 16.5 million making it the sole shareholder in the company. The Gesher plant is one of the largest manufacturers of construction products in Israel.

Kusto Group: Robust International Portfolio

Kusto Group is a Singapore-based, diverse multinational corporation which operates in natural resources and energy, construction and building materials, agricultural and real estate sectors. Kusto purchased Tambour five years ago from the Azrieli Group Yerkin Tatishev-Kusto-Group for NIS 500 million after competing in a bidding war with the Israeli investment fund Apax Partners.

After the acquisition of Tambour, Kusto Group appointed one of its partners, Max Streib, to relocate to Israel and oversee the company’s transition. Streb was recently replaced as Tambour’s CEO Kusto-Group-Yerkin by Israeli Micha Sharir, who formerly served as Tambour’s CFO.

Kusto Group specializes in the investment in and operation of multinational industrial companies. Under the leadership of founder and chairman Yerkin Tatishev, the growing company currently operates in 11 countries across Europe and Asia. The pillar of the company’s portfolio is its oil and gas division, KazPetrol, located in Kazakhstan. Kusto Group’s agricultural divisions, KustoAgro and KazBeef, operate in Kazakhstan and Ukraine and produce ag products for both local and international markets.

The company also invests in real estate and development projects in several countries across Europe and Asia. In Vietnam, Kusto Group has established itself as a regional leader in construction, building materials and real estate development. The company attributes its global success to its adherence Discover more Yerkin Tatishev to a Kusto Group Tatishev set of core values and its entrepreneurial roots.

Kusto Group Invests in Tambour’s Global Expansion

The acquisition of Tambour has been integral to the expansion of Kusto Groups’ construction materials division. With over 80 years of experience and a reputation for high-quality products, Tambour products are exported and sold in more than twenty countries across the Mediterranean region, Europe, Africa, South East Asia and the Americas. Their innovative and environmentally sustainable production methods make Tambour a leader in the industry. According to Tatishev, “Just as Kusto Group is symbolic of Kazakh entrepreneurialism, Tambour represents Israeli creativity and excellence.”

Kusto Group has continued to expand its investment in Tambour in order to broaden its operations globally. According to the company’s website, “Kusto has seized the opportunity to take a much-loved local brand and position it on the world stage, turning it into a global champion.”

As part of this effort to transform Tambour into a multinational brand, in 2018, the company purchased the Italian color company Colorificio Zetagi, the company responsible for painting the Juventus football stadium in Turin, for €7 million. Colorificio Zetagi is currently valued at €15 million and has 56 employees. The purchase of the Italian company represents Tambour’s first acquisition outside of Israel. Zetagi specializes in manufacturing oil, gas and woodwork products, opening new opportunities for Tambour to extend its product lineup.

Tambour’s superior products, manufacturing techniques, geographic location, and history make it a prominent asset to Kusto Group’s global holdings. The company’s recent acquisitions and the construction of the new Ashkelon factory indicate a bright future for the Israeli paint company.

Article Source:

https://www.jpost.com/Special-Content/Kusto-Group-division-continues-rapid-expansion-with-new-Ashkelon-factory-586024

Tambour, the largest paint manufacturer in Israel, has begun construction on a new factory in Ashkelon.

Israel paint manufacturer Tambour will invest NIS 100 million astanatimes.com/2018/04/hiring-us-forensic-experts-in-tokmadi-case-was-yerkin-tatishevs-idea/ in new manufacturing facility in the southern city of Ashkelon.

Tambour, the largest paint manufacturer in Israel, has begun construction on a new factory in Ashkelon. The company will invest NIS 80-100 million in building the new facility which will cover 16 dunams (16,000 square meters) and is expected to employ 50 workers.

Kusto Group, which owns Tambour, continues to expand its investments in the company and building materials sector in Israel and across the globe in an effort to transform Tambour into a successful multinational company.

Accelerating Manufacturing Capabilities in Israel

The manufacturing plant in Ashkelon will concentrate on the production of plaster and plaster related building materials. While Tambour is best known for its manufacturing of high-quality paint for the home, nearly half of its production is in other building materials from gypsum boards and plaster powders to cement. Tambour currently operates six factories across Israel.

The new facility, which is expected to be finished next year, will be built on land leased from the Israel Land Authority (ILA), the government agency responsible for managing all public land. The Ashkelon plant will be fully funded by the company without state grants, even though it is located within the ‘Ashkelon development zone’ (making it eligible for state subsidies) because at this stage the company does not intend to export its products.

The new manufacturing facility represents part of Tambour’s recent accelerated efforts to expand its product offerings to the domestic and international market. Tambour recently acquired the balance of Kibbutz Gesher’s holdings in its plaster manufacturing plant, Gesher Gypsum LTD, for NIS 16.5 million making it the sole shareholder in the company. The Gesher plant is one of the largest manufacturers of construction products in Israel.

Kusto Group: Robust International Portfolio

Kusto Group is a Singapore-based, diverse multinational corporation which operates in natural resources and energy, construction and building materials, agricultural and real estate sectors. Kusto purchased Tambour five years ago from the Azrieli Group for NIS Yerkin Tatishev-Kusto-Group 500 million after competing in a bidding war with the Israeli investment fund Apax Partners.

After the acquisition of Tambour, Kusto Group appointed one of its partners, Max Streib, to relocate to Israel and oversee the company’s transition. Streb was recently replaced as Tambour’s CEO by Israeli Micha Sharir, who formerly served as Tambour’s CFO.

Kusto Group specializes in the investment in and operation of multinational industrial companies. Under the leadership of t2conline.com/businessman-yerkin-tatishev-finally-justice-is-served-as-criminal-fraudster-is-convicted-of-murder/ founder and chairman Yerkin Tatishev, the growing company currently operates in 11 countries across Europe and Asia. The pillar of the company’s portfolio is its oil and gas division, KazPetrol, located in Kazakhstan. Kusto Group’s agricultural divisions, KustoAgro and KazBeef, operate in Kazakhstan and Ukraine and produce ag products for both local Kusto Group Tatishev and international markets.

The company also invests in real estate and development projects in several countries across Europe and Asia. In Vietnam, Kusto Group has established itself as a regional leader in construction, building materials and real estate development. The company attributes its global success to its adherence to a set of core values and its entrepreneurial roots.

Kusto Group Invests in Tambour’s Global Expansion

The acquisition of Tambour has been integral to the expansion of Kusto Groups’ construction materials division. With over 80 years of experience and a reputation for high-quality products, Tambour products are exported and sold in more than twenty countries bmda.net/BMDA/documents/13th-bmda-annual-conference/may-program-business-solutions-from-leading-organizations across the Mediterranean region, Europe, Africa, South East Asia and the Americas. Their innovative and environmentally sustainable production methods make Tambour a leader in the industry. According to Tatishev, “Just as Kusto Group is symbolic of Kazakh entrepreneurialism, Tambour represents Israeli creativity and excellence.”

Kusto Group has continued to expand its investment in Tambour in order to broaden its operations globally. According to the company’s website, “Kusto has seized the opportunity to take a much-loved local brand and position it on the world stage, turning it into a global champion.”

As part of this effort to transform Tambour into a multinational brand, in 2018, the company purchased the Italian color company Colorificio Zetagi, the company responsible for painting the Juventus football stadium in Turin, for €7 million. Colorificio Zetagi is currently valued at €15 million and has 56 employees. The purchase of the Italian company represents Tambour’s first acquisition outside of Israel. Zetagi specializes in manufacturing oil, gas and woodwork products, opening new opportunities for Tambour to extend its product lineup.

Tambour’s superior products, manufacturing techniques, geographic location, and history make it a prominent asset to Kusto Group’s global holdings. The company’s recent acquisitions and the construction of the new Ashkelon factory indicate a bright future for the Israeli paint company.

Article Source:

https://www.jpost.com/Special-Content/Kusto-Group-division-continues-rapid-expansion-with-new-Ashkelon-factory-586024

Paint giant Tambour, a division of Kusto Group, completed the $5.5m purchase of Geves Gesher, Israel’s largest domestic plaster manufacturer

Tambour Ltd, a subsidiary of Yerkin Tatishev’s Singaporean holding company, Kusto Group, finalized its acquisition of Israeli plaster manufacturer, Geves Gesher Ltd. in March 2019 for US 5,5 million dollars.

Founded 80 years http://www.bryconrealty.com ago along the banks of the Jordan River, Kibbutz Gesher is home to Geves Gesher Ltd., manufacturer of Israel’s top-selling industrial plaster. Operating since 1950, the factory produces gypsum-based Yerkin Tatishev-Kusto-Group plaster products for the Israeli construction industry.

Tambour is now so much more

Established in 1936, Tambour first became a household name for paint. Today the company offers the largest range of industry solutions in Israel, from paint all the way to aviation. A pioneer of the Israeli construction industry, Tambour’s story is part of the history and growth of Israel. Over the years Tambour has developed a diverse and reliable range of products, earning its place as Israel’s leading company in the market. Today, Tambour is owned by Yerkin Tatishev’s Kusto Group, a diversified industrial sector holding company that operates around the world. Tambour products, from paint, powders and glues, to unique materials for aviation, rail, and shipping, can be found the world over, with branches from America to Africa.

Tambour’s takeover of Geves Gesher came around the same time as the company’s acquisition of Italian paint manufacturer Zegati. Both were sensible moves for Tambour, as the company aims to extend and solidify its operations outside of Israel. As Tambour CEO, Micha Scharir, noted in an interview with Jerusalem Post recently, the acquisition of Geves Gesher is another step forward in establishing the company as a leader in and outside of Israel.

Moving on up

Tambour purchased Geves Gesher in two phases: first, in 2006, by acquiring 51% ownership through payment of US$1 million; then in 2019, through payment of an additional US$4,5 million to seal full ownership.[1] Since the first phase of purchase in 2006, Geves Gesher reported a 400% increase in profitability, further testament to the market leadership of Tambour and Kusto Group.[2] With advanced laboratories, Tambour also continues to invest heavily in research and development dedicated to advancing Israel and new technologies.

Kusto Group founder, Yerkin Tatishev, is the visionary behind all this. In 1998, he gathered a group of like-minded friends to embark on a series of projects aimed at transforming state mining assets in the former Soviet Union, starting with his home country of Kazakhstan, where he was born in 1976. Yerkin saw that the lessons he learned during those challenging times could be applied to something much greater, and in 2002, he founded Kusto Group. The company specializes in investment diversification across various business sectors, investing in real estate, construction, and building materials.[3] In 2014, Yerkin pioneered the acquisition of Tambour, Israel’s leading paint company, marking the first time Kusto invested in a well-established local company, a fact he proudly boasts on Kusto’s company check here Kusto Group Tatishev website.[4] Then, this year, he finalized acquisition of Geves Gesher under Tambour.

Painting the picture

Yerkin, as many like him, has realized the potential in investing in Israel, the world’s start-up nation, and taking Israeli ingenuity to the global market. With branches and stores in Asia, Africa, America, and Europe, Tambour’s foothold is already vast, and will surely grow under Yerkin’s vision and guidance, now incorporating Geves Gesher. Despite the often grossly negative media coverage the country receives, Yerkin was never deterred from investing in Israel website Yerkin Tatishev-Kusto-Group and Israeli companies and appreciated the global possibilities.

Israel’s paint and materials industries are about as old as the country, and due to the many challenges she faced since her foundation, manufacturers had to get creative, hence “the start-up nation”. Israelis had to find solutions and progression within their own borders, developing products that could withstand the country’s desert climate and compete with global standards. It is therefore no surprise that something Click here for info as simple as paint ultimately became a global go-to. In 1990, Tambour became a public company traded on the Tel Aviv Stock Exchange, and in 2008, opened the country’s largest industry advisory store, Tambour House, located in Bnei Brak.

Within Israel, Tambour employs over 1000 staff across all ethnicities, minorities, even those with disabilities, while Geves Gesher employs 25 more. Now falling under the ownership of Tambour, Geves Gesher will expand and open up even more employment opportunities to Israelis. Every year, Tambour donates thousands of liters of paint, materials, and resources to communities in need and partakes in cross-country volunteer programs, a corporate responsibility that is now upheld by all branches worldwide.[5] It is easy to see why Geves Gesher and Tambour were no-brainer acquisitions for Kusto Group, and why Yerkin Tatishev is so proud of it. There can only be good things in both companies’ global futures under his and Kusto’s expert direction.

Article Source:

http://www.israelnationalnews.com/News/News.aspx/261479

Paint giant Tambour, a division of Kusto Group, completed the $5.5m purchase of Geves Gesher, Israel’s largest domestic plaster manufacturer

Tambour Ltd, a subsidiary of Yerkin Tatishev’s Singaporean holding company, Kusto Group, finalized its acquisition of Israeli plaster manufacturer, Geves Gesher Ltd. in March 2019 for US 5,5 million dollars.

Founded 80 years ago along the banks of the Jordan River, Kibbutz Gesher is home to Geves Gesher Ltd., manufacturer of Israel’s top-selling industrial plaster. Operating since 1950, the factory produces gypsum-based plaster products for the Israeli construction industry.

Tambour is now so much more

Established in 1936, Tambour first became a household name for paint. Today the company offers the largest range of industry solutions in Israel, from paint all the way to aviation. A pioneer of the Israeli construction industry, Tambour’s story is part of the history and growth of Israel. Over the years Tambour has developed a diverse and reliable range of products, earning its place as Israel’s leading company in the market. Today, Tambour is owned by Yerkin Tatishev’s Kusto Group, a diversified industrial sector holding company that operates around the world. Tambour products, from paint, powders and glues, to unique materials for aviation, rail, and shipping, can be found the world over, with branches from America to Africa.

Tambour’s takeover of Geves Gesher came around the same time as the company’s acquisition of Italian paint manufacturer Zegati. Both were sensible moves for Tambour, as the company aims to extend and solidify its operations outside of Israel. As Tambour CEO, Micha Scharir, noted in an interview with Jerusalem Post recently, the acquisition of Geves Gesher is another step forward in establishing the company as a Click for info Kusto-Group-Yerkin leader in and outside of Israel.

Moving on up

Tambour purchased Geves Gesher in two phases: first, in 2006, by acquiring 51% ownership through payment of US$1 million; then in 2019, through payment of an additional US$4,5 million to seal full ownership.[1] Since the first phase of purchase in 2006, Geves Gesher reported a 400% increase in profitability, further testament to the market leadership of Tambour and Kusto Group.[2] With advanced laboratories, Tambour also continues to invest heavily in research and development dedicated to advancing Israel and new technologies.

Kusto Group founder, Yerkin Tatishev, is the visionary behind all this. In 1998, he gathered a group of like-minded friends to embark on a series of projects aimed at transforming state mining assets in the former Soviet Union, starting with his home country of Kazakhstan, where he was born in 1976. Yerkin saw that the lessons he learned during Find more info those challenging times could be applied to something much greater, and in 2002, he founded Kusto Group. The company specializes in investment diversification across various business sectors, investing in real estate, construction, and building materials.[3] In 2014, Yerkin pioneered the acquisition of Tambour, Israel’s leading paint company, marking the first time Kusto invested in a well-established local company, a fact he proudly boasts on Kusto’s company website.[4] Then, this year, he finalized acquisition of Geves Gesher under Tambour.

Painting the picture

Yerkin, as many like him, has realized the potential in investing in https://astanatimes.com Israel, the world’s start-up nation, and taking Israeli ingenuity to the global market. With branches and stores in Asia, Africa, America, and Europe, Tambour’s foothold is already vast, and will surely grow under Yerkin’s vision and guidance, now incorporating Geves Gesher. Despite the often grossly negative media coverage the country receives, Yerkin was never deterred from investing in Israel and Yerkin Tatishev Israeli companies and appreciated the global follow this link TatishevYerkin possibilities.

Israel’s paint and materials industries are about as old as the country, and due to the many challenges she faced since her foundation, manufacturers had to get creative, hence “the start-up nation”. Israelis had to find solutions and progression within their own borders, developing products that could withstand the country’s desert climate and compete with global standards. It is therefore no surprise that something as simple as paint ultimately became a global go-to. In 1990, Tambour became a public company traded on the Tel Aviv Stock Exchange, and in 2008, opened the country’s largest industry advisory store, Tambour House, located in Bnei Brak.

Within Israel, Tambour employs over 1000 staff across all ethnicities, minorities, even those with disabilities, while Geves Gesher employs 25 more. Now falling under the ownership of Tambour, Geves Gesher will expand and open up even more employment opportunities to Israelis. Every year, Tambour donates thousands of liters of paint, materials, and resources to communities in need and partakes in cross-country volunteer programs, a corporate responsibility that is now upheld by all branches worldwide.[5] It is easy to see why Geves Gesher and Tambour were no-brainer acquisitions for Kusto Group, and why Yerkin Tatishev is so proud of it. There can only be good things in both companies’ global futures under his and Kusto’s expert direction.

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