23.10.2024

Baiterek Holding and CLAAS discuss launching local manufacturing and deepening cooperation in Kazakhstan

On October 22, 2024, Rustam Karagoishin, Chairman of the Board of Baiterek National Management Holding, met with a delegation from CLAAS KGaA GmbH. The meeting focused on furthering the partnership established under agreements signed during the visit of German Federal Chancellor Olaf Scholz to Kazakhstan.

During the discussions, the two parties explored opportunities for launching the production and assembly of CLAAS agricultural machinery in Kazakhstan. This move is expected to improve access to advanced technologies and create new jobs. They also reviewed the terms of machinery supply and financing options through KazAgroFinance, a subsidiary of Baiterek Holding. CLAAS reaffirmed its commitment to a long-term partnership to boost productivity and modernize Kazakhstan’s agricultural sector.

“CLAAS is a key partner in advancing Kazakhstan’s agricultural development. We believe that localizing equipment production and adopting cutting-edge technologies will help modernize our agro-industrial complex. Baiterek Holding will continue supporting Kazakhstani farmers by offering them the most advanced and effective solutions available,” said Rustam Karagoishin.
Both parties concluded the meeting by expressing their commitment to strengthening the partnership, enhancing the development of Kazakhstan’s agro-industrial complex, and increasing the availability of high-tech agricultural equipment for local farmers.

Background information:

CLAAS KGaA GmbH is a global leader in agricultural machinery production, with manufacturing facilities across Europe, Asia, and the Americas, employing over 11,000 people. The company is renowned for its innovative solutions in precision farming and advanced control and monitoring systems, which significantly enhance equipment productivity.