11/11/2026
- Who We Are
- Sustainable development
Get a consultation!
A delegation from the Baiterek National Investment Holding, led by Chairman of the Management Board Rustam Karagoishin, continued its working visit to Spain.
The business agenda for the second day began with a visit to SEDECAL, a Spanish developer and manufacturer of X-ray diagnostic equipment. The delegation toured the company’s production facilities. Potential cooperation focuses on developing the manufacturing of medical equipment in Kazakhstan, including collaboration with the Kazakh enterprise AktobeRontgen.
The production of baby food was discussed during a meeting with Alberto Jiménez, CEO and co-founder of Smileat, and Pablo Pedrejon, a partner at the investment fund Seaya. Smileat specializes in organic baby food. The Kazakh side proposed establishing a facility in Kazakhstan with a phased localization of production for fruit and vegetable purees, meat-and-vegetable products, and infant cereals.
During a meeting with Andrés Fernández, CEO of Zendal, the parties explored the possibility of localizing the production of veterinary vaccines and biological preparations. This Spanish biopharmaceutical group develops and manufactures products for human and animal health, and its veterinary vaccines are already available on the Kazakh market.
Modern construction technologies were the focus of discussions with Manuel Marrama, CEO of Stalart. The company specializes in the production of lightweight steel frames and prefabricated structural components. The talks covered the potential for establishing such production in Kazakhstan and applying these technologies to the construction of residential, commercial, and social infrastructure. As a first step, the parties proposed a pilot project—either a residential or social facility—to subsequently evaluate the potential for scaling up operations.
A meeting was also held with representatives of the company Cosentino. This Spanish group is a global manufacturer of innovative surfaces for architecture and design, known for its brands Silestone and Dekton. The parties discussed potential areas of cooperation regarding modern construction and finishing materials.
Financial aspects of the partnership were addressed during a meeting with BBVA Managing Director Iván Posa. BBVA (Banco Bilbao Vizcaya Argentaria) is an international banking group with a strong focus on corporate and investment services. Promising areas for collaboration include financing the supply of Spanish equipment, the joint financing of large-scale investment projects, and cooperation within capital markets.
Efforts in these areas are aimed at developing high value-added manufacturing in Kazakhstan, adopting new technologies, and strengthening the capabilities of local enterprises. Further development of these initiatives will help define project parameters and identify appropriate support instruments provided by the Baiterek Holding group of companies.