History of the Company

History of establishment

In compliance with the Resolution of the Government of the Republic of Kazakhstan dated December 11, 1997 No. 1750 «On Establishment of Republican State Enterprise «Kedentransservice», RSE «Kedentransservice» was established on the right of economic management for the implementation of customs support of goods and vehicles. The Customs Committee of the Ministry of Finance of the Republic of Kazakhstan was determined as the state administration body of RSE «Kedentransservice», as well as the body performing the functions of the subject of state ownership in relation to it.

In accordance with the Order of the Ministry of Transport, Communications and Tourism of the Republic of Kazakhstan No. 2461 dated May 26, 1999 «On the transfer of property of the RSE «Kazakhstan Temir Zholy» in RSE «Kedentransservice», RSE «Kedentransservice» transferred cargo yards in the amount of 21 units. In connection with the reorganization of the Ministry of Finance of the Republic of Kazakhstan pursuant to Decree No. 4114 of the President of the Republic of Kazakhstan dated October 12, 1998, the Customs Committee was transferred to the newly established Ministry of State Revenues of the Republic of Kazakhstan.

Under Resolution No. 864 of the Government of the Republic of Kazakhstan dated June 26, 1999 «On the Transformation of Republican State Enterprise «Kedentransservice»», RSE «Kedentransservice» was reorganised into «Kedentransservice» CJSC.

Taking into account the requirements of the Law of the Republic of Kazakhstan dated May 13, 2003 No. 415 «On Joint Stock Companies», «Kedentransservice» CJSC was re-registered as «Kedentransservice» JSC on 15 June 2004.

History of development

In March 2011, an important event in the history of «Kedentransservice» JSC occurred: in accordance with the Agreement between JSC «National Company «Kazakhstan Temir Zholy» and PJSC «TransContainer» on cooperation on the basis of a joint venture No. 80-AO dated March 17, 2011 (hereinafter – the Agreement), PJSC «TransContainer», the leading container operator of Russian Railways, became the shareholder of 67% of the shares of «Kedentransservice» JSC, while JSC «National Company «Kazakhstan Temir Zholy» retained the remaining 33% of shares. On December 23, 2013, as part of the Agreement between PJSC «TransContainer» and JSC «National Company «Kazakhstan Temir Zholy», the acquisition of a 17% stake in «Logistic System Management B.V.» was completed.

On October 28, 2016, Logistic System Management B.V. became the sole shareholder of «Kedentransservice» JSC. The composition of shareholders of «Logistic System Management B.V.» was as follows: — PJSC «TransContainer» — 50%; — JSC «National Company «Kazakhstan Temir Zholy» — 50%.

In 2017, the organisational structure of the branch network was reorganised. The tasks of the reorganization were aimed at improving customer focus, and as a result, improving the quality of services provided to customers, decentralizing certain functions and forming a system of tariff discounts.

In 2018, arrangements were made to buy back 50% of the shares of Logistic System Management B.V. previously owned by PJSC «TransContainer». On 26 November 2019, PJSC «TransContainer» and JSC «National Company «Kazakhstan Temir Zholy» concluded an agreement on the purchase and sale of 50% of the share capital of Logistic System Management B.V. On 22 May 2020, re-registration of shares of Logistic System Management B.V. was carried out, as a result of which JSC «National Company «Kazakhstan Temir Zholy» became the sole shareholder of «Kedentransservice» JSC.

Today «Kedentransservice» JSC is the leading operator of logistics terminals in the Republic of Kazakhstan, present in the transport and logistics services market. The company has assets and competence in the field of terminal cargo handling, as well as provides services for the transshipment of cargo imported from China at the «Dostyk» and «Altynkol» border stations. Kedentransservice JSC has an extensive geographical network, including a representative office in Urumqi (PRC), 11 branches and 1 subsidiary company, Transport Holding of Kazakhstan LLP.