Yerkin Tatishev and Kusto Group Donate Over $2 Million to #KustoHelp Charity Initiative amid pandemic
Yerkin Tatishev and Kusto Group to aid society’s most vulnerable groups in Kazakhstan, Yerkin Tatishev Kusto Group helping them recover from the economic shock of the COVID-19 pandemic.
In April, Yerkin Tatishev, founder and chairman of the board of directors of the multisector international company Kusto Group, announced in an open letter to Kazakhstanis that the firm would aid the country through the COVID-19 pandemic.
Kusto Group committed itself to donating 1 billion Kazakhstani Tenge (an estimated $2,340,000) to its #KustoHelp charity project to support society’s most vulnerable groups during the ongoing pandemic.
“This country’s leadership have taken timely and appropriate actions to prevent the spread of COVID-19, otherwise the scale of the damage would have been immeasurably larger,” Yerkin Tatishev wrote in response to the Kazakhstani government’s handling of the crisis.
“These necessary measures to combat the pandemic are having a serious impact on the population and economy of our country. This crisis is affecting everyone without exception,” he added.
Thousands have already received Kusto Group’s help
Kusto Group seeks to help large families as well as poor and particularly impacted groups by delivering food and other necessities, in cooperation with volunteer organizations and regional governments.
So far, more than 12,500 food baskets have been delivered to people in need and 400 tablets have been given to school kids.
Kusto Group has also purchased houses for families in the Almaty region of Kazakhstan.
Another important part of the #KustoHelp charity project is to provide medical workers in Kazakhstan with essential tools and medicine to combat the virus and to ensure their working conditions.
To date, the assistance has reached 100 medical institutions, and hospitals now get supplied with meat https://www.nuwireinvestor.com/kusto-groups-yerkin-tatishev-explores-rise-corporate-social-responsibility-emerging-economies/ products from KazBeef, a subsidiary of Kusto Group.
Furthermore, #KustoHelp has organized payments to the families of medical workers who have died during the pandemic. More https://www.youtube.com/channel/UCEsrJVO9J30Hdjk22lOgQPw/about?disable_polymer=1 than 160 families have already received financial assistance.
While Kusto Group is headquartered in Singapore, the company and its founders have strong ties to Kazakhstan, as this is where the firm was established in 2002.
Yerkin Tatishev has also stated that Kusto Group will help charities and organizations in the other countries that it operates in.
Kusto Group has companies and business operations in agriculture, construction, natural resources and manufacturing in Asia, Europe and North America.
Yerkin Tatishev rounded off his letter with the following message:
“Now we need to consolidate the efforts of our whole society with the work of charitable organizations. It will only be by providing necessary and timely assistance, and through support for each other, that we will be able to overcome this crisis and come out of it stronger!”
COVID-19’s impact on Kazakhstan
With national lockdowns and other drastic measures, people all over the world have been forced to change their daily lives in order to curb the spread of COVID-19.
The disruptions have had major economic consequences and have prompted governments across the globe to develop extensive public health responses to support the economic health of their Daniel Kunin Kusto Group countries.
Since China announced the finding of the novel coronavirus in December 2019, almost 35 million cases Yerkin Tatishev have been confirmed worldwide, and more than 1 million people have died from COVID-19.
As of October 4th, Kazakhstan has reported 108,177 confirmed cases and 1,725 deaths, according to Johns Hopkins University & Medicine.
The first cases of COVID-19 came to Kazakhstan from Europe in mid-March, and the Kazakhstani government quickly declared a state of emergency, canceling public events and holidays.
In March, several of the country’s larger cities were put under lockdown, and in July, the rest of Kazakhstan followed suit. About a month later, the country started easing the lockdown.
Throughout the state of emergency, Kazakhstan has provided economic and financial support to companies and working citizens who have lost income.
Yerkin Tatishev: Innovation is key
One of the industries hit hard by the pandemic is agriculture, and Yerkin Tatishev has previously said that innovation can help the agricultural sector.
In his analysis of how important the agriculture is to the world’s economy, Yerkin Tatishev cites media scrutiny over America’s food supply where concerns over conditions faced by agricultural works have sparked controversy and the British government’s initiative to provide up to £250 million (an estimated $323 million) of financial help to aid the industry “avoid collapse.
Limits placed on wheat exports from Kazakhstan also made it to the media. In April, the US Agriculture Secretary Sonny Perdue said that the American food supply “is strong, resilient and safe,” as he tried to calm people who feared empty supermarket shelves.
“It is in these challenging times, we should look to those innovations that even now are transforming the sector: precision agriculture, the use of data and digital tech, as well as new irrigation methods. Indeed, at this time, agricultural projects across the globe should be looking to accelerate these innovations,” Yerkin Tatishev said.
He added that Kusto Group has made efforts to ensure its employees are safe and that its supply chains are as free from disruption as possible. The group has more than 30 companies and 8,000 employees globally.
“Our experts at Kusto Agro, and our close partners at such organizations as Valmont Industries, are working harder than ever to make agriculture resilient to external threats. Longer term, when this storm passes, we can look forward to driving more efficient production and keeping the sector competitive for the future,” Yerkin Tatishev stated.
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http://www.dailyuw.com/ask_the_experts/article_68af343a-08fc-11eb-ac9f-1f59c84aaa6b.html
Yerkin Tatishev’s Kusto Group Invests in Tambour’s Expansion Reaching New Levels of Success
Paint is not all Tambour is known for in the construction sector. Kusto Group’s investment and acquisition of the company, under the direction of, Yerkin Tatishev, has bolstered Tambour’s success and expanded its production throughout Israel and the world.
Tambour has been in business in Israel for the past 80 plus years. Its success is in no small measure due to its solid foundation, principles of hard work, smart investments, and a clear vision for the company. Since Kusto Group Daniel Kunin the acquisition of Tambour by Kusto Group in 2014, the company is spreading its wings and expanding the company’s horizons.
Kusto Group, under the leadership of co-founder and Chairman of read more the Board of Directors, Yerkin Tatishev, has given Tambour the ability to invest in new factories and production sites. The investments extend to people and vital research and development and have given the firm a competitive edge in the industry.
Tambour: The growth of an Israeli paint giant
Tambour, a household name for paint in Israel, but the company is much more than just paint. A German family who immigrated to Israel founded the company in 1936. They set up a paint company with a diverse range of products to offer the local market. Steadily growing into the top producer in the country.
Since then, Tambour’s product line has diversified and expanded. Tambour now makes a wide variety of paints and coatings that include decorative paints for internal and external walls, special effects for wood and metal, high-quality industrial paints and protective coatings for buildings and marine use, paints for Epoxy floorings, and special paint for military use. Specialized polyurethane paints for electronic cases and devices, electro-static powder paints for aluminum frames are also produced in Israel. The production of such specialized materials is made possible because of the rare and experienced research and development team that works in Israel to provide solutions to all sorts of painting scenarios.
Kusto Group’s Tambour also produces emulsions, a critical raw component for paints and adhesives. The company is focused on producing emulsions with low VOCs that are water-based with safer impacts on the environment. Tambour is committed to sustainability and improving the quality of life and the environment for workers and residents of the communities in which they work and reside.
Aside from paint and finishing materials, the production of construction materials has been a growth engine kusto group silk road for the company. Tambour purchased Gesher Gypsum in 2006, which was one of the only gypsum plaster kusto group daniel kunin producing companies in Israel. A significant investment of $50 million (USD) established a new factory that produces high-quality gypsum plasterboard for internal and external use. Thus, gaining a significant market share in Israel and successfully competing as one of the world’s biggest names in gypsum material production.
Kusto Group is invested in Tambour’s success
Kusto Group’s vision for Tambour’s continued success is not just based on its production of high-quality materials. The company values the foundation of years of experience drawn from the local communities that Tambour has established. There are currently around 30 employees with more than 400 years of combined experience in research and development working at the company. The Tambour employees are retained with competitive salaries and an attitude that all employees of Tambour are regarded as family.
This well of experience gives Tambour the ability to provide a vast range of solutions that other companies find difficult to achieve. Tambour’s high-level problem-solving approach adds value to their products. The demand for special work environments such as extremely high or low temperatures, Daniel Kunin Kusto Group areas close to the sea or in the water, or areas which meet complicated materials like acids, requires the types of solutions that Tambour can give their customers to help save them time and money.
Tambour invests in well-connected, efficient logistics, and distribution channels that reach solutions necessary promptly. When supplying products, 98% of the time the company succeeds in meeting the deadline set for delivery.
Kusto Group is expanding Tambour’s production capabilities
Under Kusto Group’s direction, Tambour continues to expand its manufacturing footprint. One of the new construction sites for Tambour is in Ashkelon in southern Israel. Investments by the Kusto Group, led by Yerkin Tatishev have made this expansion possible. The ground was broken in May 2019 with an operational deadline for the factory set for November 2020.
The plant will produce almost all types of grout, adhesives, plaster, putty, self-leveling floors, sealing materials, and heat-insulating materials. State-of-the-art industrial equipment has been sourced from partners all over Europe. The production will be highly automated to maximize productivity. When it is fully operational it is expected to produce 50 different types of products with an output of 360 tons per year.
This new plant is located strategically near Israel’s main production sources of critical raw materials for the plant such as cement, sand, and limestone. It is only approximately 12.5 miles away from the cargo port of Ashdod allowing for ease of importation of raw materials and exportation of finished products.
Tambour’s vision and expansion strategy are clear, and revenues have continued to grow. Tambour is on a path to becoming a global leader in the manufacturing of construction materials, and the paints it is already well known for producing. For Kusto Group and Tambour, the future is bright.
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Kusto Group’s Yerkin Tatishev Explores the Rise of Corporate Social Responsibility in Emerging Economies
Businessman Yerkin Tatishev believes that while the coronavirus crisis has caused great economic and social damage to countries and populations around the world, it has led emerging economies, …
Businessman Yerkin Tatishev believes that while the coronavirus crisis has caused great economic and social damage to countries and populations around the world, it has led emerging economies, including his native Kazakhstan, to embrace Corporate Social Responsibility; a trend that he hopes will have lasting positive implications.
Tatishev is the founder and Chairman of the Board of Directors of Kusto Group, a diverse conglomerate that operates in multiple sectors around the globe. The company currently has operations in mining, natural gas, manufacturing, agriculture, real estate, and construction in 10 countries.
“I have been deeply concerned by the impact Covid-19, especially on the most vulnerable in our society. However, one of the few positives to emerge from the pandemic is the embrace of charitable giving by companies in emerging economies – and I am proud of the modest contributions Kusto is making,” writes Tatishev in a recently published opinion article.
Corporate Social Responsibility in action
Corporate Social Responsibility is a relatively new term for an age-old practice of business leaders and companies investing in improving communities while growing their enterprises.
John D. Rockefeller, one of early industrial America’s rich tycoons, donated millions of dollars to causes that ranged from education to healthcare as a way to give back and enrich his community.
Today, several of the world’s wealthiest individuals have committed to donating a majority of their wealth to philanthropy under The Giving Pledge, a concept created by Bill and Melinda Gates and Warren Buffett.
Corporate Social Responsibility diverges somewhat from these acts, which are triggered by individual motivations rather than the systematic contributions that come from companies acting in goodwill towards their employees, community and the world at large.
Trends such as fair trade, transparent pricing, slow production, using recycled materials, and low environmental and climate impact manufacturing are an example of Corporate Social Responsibility at work in our modern world.
“I believe a vibrant corporate social responsibility program can allow companies to signal their values in a way that day-to-day operations cannot,” says Tatishev. “Of course, building jobs, growing prosperity and boosting local economies are, arguably, the most valuable things a company can do. The thousands of skilled jobs Kusto Group have created across Kazakhstan and beyond is a source of great personal pride – but I ask: is this enough?”
Covid-19 and the emerging culture of social responsibility in developing economies
With the growing interconnectedness of our world, businesses in the developed world are confronted with obligations that transcend their responsibilities to their shareholders and employees. Philanthropy and the impact of their operations on the environment are topics routinely discussed in boardrooms and Yerkin Tatishev Kusto Group featured in corporate reporting.
On the contrary, these issues are not often given priority for companies in the developing world, but Tatishev notes that that reality is changing.
He believes that the coronavirus pandemic has in some ways served as a catalyst for companies in the developing world to reassess their obligations to their workers and society in general.
Private companies in cooperation with government entities have been called on to cast a wide safety net for individuals and families negatively impacted by the public health threat and economic turmoil brought on by Covid-19.
Businessman Yerkin Tatishev of Kusto Group believes that the coronavirus crisis has led emerging economies, including his native Kazakhstan, to embrace Corporate Social Responsibility.
Kusto Group gives back with a large charitable donation
Kusto Group and Tatishev have joined together pledging pledging $2.5 million.5 million designated for charitable purposes in Kazakhstan through the Kusto Help charitable initiative. Of this pledge, about $1 million in aid has already been delivered to provide relief for at-risk populations. Kusto Group has distributed 11,000 food baskets to families in need and provided $420,000 worth of protective equipment to medical organizations.
“We make these contributions on a voluntary basis, because supporting the health of our community is the most important action we can take. A healthy economy cannot exist without a healthy community.”
Kusto Group’s charitable impact
Tatishev acknowledges that philanthropic efforts through Kusto Help have given the company and its leadership a new perspective on the struggle for survival faced by vulnerable segments of Kazakhstan’s population.
“Along the way, we have met some amazing people: community leaders and volunteers who have risked their health to provide assistance, doctors and nurses who give selflessly, and countless others,” Tatishev explains. “For example, Yerkin Tatishev in the Kostanay region, we were able to provide an ambulance, the hospital’s first, fully equipped with a respiration apparatus serving a population of nearly 35,000. Kusto Help also provided specialised catheters to 177 children around the country suffering spina bifida, identifying a local manufacturer and ensuring a two months supply.”
“It is rewarding to see our contributions have an on-the-ground impact – and seeing that, as a company, putting effort into charitable work is its own reward. I have been inspired by their stories and determined to do more to help.”
Embracing our responsibility to our community
According to a 2019 report by the Norwegian Government, large businesses in Kazakhstan have embraced the importance of Corporate Social Responsibility and have implemented strategies to address their commitment to society. However, Kazakhstan still has work to do in establishing responsible business actions as standard practice as the report noted that the culture of social responsibility does not exist amongst small to medium-sized enterprises.
The charitable work of Kusto Help accomplished during the coronavirus pandemic is not Yerkin Tatishev’s first introduction to philanthropy. He has long been a committed supporter of education and opportunities for kusto group là ai youth. He established the Yerzhan Tatishev Foundation in 2005, named in honor of his late brother, which awards educational grants for young people.
Tatishev and Kusto Group have also been integral in the construction of a new facility for the High-Tech Academy at Koktobe City, Kusto Group’s residential complex in Almaty. The school will provide education to 540 children and will be ready in 2020. It will click here be a symbol of Kusto’s understanding of its social responsibilities.
Tatishev is also one of the founders and patrons of the Tsinandali Festival, a classical music celebration held annually in Georgia. The festival features the Pan-Caucasion Youth Orchestra, creating a rare training opportunity for talented musicians from around the region.
“We hope our modest efforts,” says Tatishev, “will encourage others, and that companies in developing economies around the world will more fully embrace the positive impact that giving back to the communities that Daniel Kunin Kusto Group you live in can create.”
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Yerkin Tatishev’s Kusto Group Invests in Tambour’s Expansion Reaching New Levels of Success
Paint is not all Tambour is known for in the construction sector. Kusto Group’s investment and acquisition of the company, under the direction of, Yerkin Tatishev, has bolstered Tambour’s success and expanded its production throughout Israel and the world.
Tambour has been in business in Israel for the past 80 plus years. Its success is in no small measure due to its solid foundation, principles of hard work, smart investments, and a clear vision for the company. Since the acquisition of Tambour by Kusto Group in 2014, the company is spreading its wings and Danie Kunin expanding the company’s horizons.
Kusto Group, under the leadership of co-founder and Chairman of the Board of Directors, Yerkin Tatishev, has given Tambour the ability to invest in new factories and production sites. The investments extend to people and vital research and development and have given the firm a competitive edge in the industry.
Tambour: The growth of an Israeli paint giant
Tambour, a household name for paint in Israel, but the company is much more than just paint. A German family who immigrated to Israel founded the company in 1936. They set up a paint company with a diverse range of products to offer the local market. kusto group report Steadily growing into the top producer in the country.
Since then, Tambour’s product line has diversified and expanded. Tambour now makes a wide variety of paints and coatings that include decorative paints for internal and external walls, special effects for wood and metal, high-quality industrial paints and protective coatings for buildings and marine use, paints for Epoxy floorings, and special kusto agro group paint for military use. Specialized polyurethane paints for electronic cases and devices, electro-static powder paints for aluminum frames are also produced in Israel. The production of such specialized materials is made possible because of the rare and experienced research and development team that works in Israel to provide solutions to all sorts of painting scenarios.
Kusto Group’s Tambour also produces emulsions, a critical raw component for paints and adhesives. The company is focused on producing emulsions with low VOCs that are water-based with safer impacts on the environment. Tambour is committed to sustainability and improving the quality of life and the environment for workers and residents of the communities in which they work and reside.
Aside from paint and finishing materials, the production of construction materials has been a growth engine for the company. Tambour purchased Gesher Gypsum in 2006, which was one of the only gypsum plaster producing companies in Israel. A significant investment of $50 million (USD) established a new factory that produces high-quality gypsum plasterboard for internal and external use. Thus, gaining a significant market share in Israel and successfully competing as one of the world’s biggest names in gypsum material production.
Kusto Group is invested in Tambour’s success
Kusto Group’s vision for Tambour’s continued success is not just based on its production of high-quality materials. The company values the foundation of years of experience drawn from the local communities that Tambour has established. There are currently around 30 employees with more than 400 years of combined experience in research and development working at the company. The Tambour employees are retained with competitive salaries and an attitude that all employees of Tambour are regarded as family.
This well of experience gives Tambour the ability to provide a vast range of solutions that other companies find difficult to achieve. Tambour’s high-level problem-solving approach adds value to their products. The demand for special work environments such as extremely high or low temperatures, areas close to the sea or in the water, or areas which meet complicated materials like acids, requires the types of solutions that Tambour can give their customers to help save them time and money.
Tambour invests in well-connected, efficient logistics, and distribution channels that reach solutions necessary promptly. When supplying products, 98% of the time the company succeeds in meeting the deadline set for delivery.
Kusto Group is expanding Tambour’s production capabilities
Under Kusto Group’s direction, Tambour continues to expand its manufacturing footprint. One of the new construction sites for Tambour is in Ashkelon in southern Israel. Investments by the Kusto Group, led read more by Yerkin Tatishev have made this expansion possible. The ground was broken in May 2019 with an operational deadline for the factory set for November 2020.
The plant will produce almost all types of grout, adhesives, plaster, putty, self-leveling floors, sealing materials, and heat-insulating materials. State-of-the-art industrial equipment has been sourced from partners all over Europe. The production will be highly automated to maximize productivity. When it is fully operational it is expected to produce 50 different types of products with an output of 360 tons per year.
This new plant is located strategically near Israel’s main production sources of critical raw materials for the plant such as cement, sand, and limestone. It is only approximately 12.5 miles away from the cargo port of Ashdod allowing for ease of importation of raw materials and exportation of finished products.
Tambour’s vision and expansion strategy are clear, and revenues have continued to grow. Tambour is on a path to becoming a global leader in the manufacturing of construction materials, and the paints it is already well known for Yerkin Tatishev producing. For Kusto Group and Tambour, the future is bright.
Article Source:
Yerkin Tatishev’s Kusto Group Invests in Tambour’s Expansion Reaching New Levels of Success
Paint is not all Tambour is known for in the construction sector. Kusto Group’s investment and acquisition of the company, under the direction of, Yerkin Tatishev, has bolstered Tambour’s success and expanded its production throughout Israel and the world.
Tambour has been in business in Israel for the past 80 plus years. Its success is in no small measure due to its solid foundation, principles of hard work, smart investments, and a clear vision for the company. Since the acquisition of Tambour by Kusto Group in 2014, the company is spreading its wings and expanding the company’s horizons.
Kusto Group, under the leadership of co-founder and Chairman of the Board of Directors, Yerkin Tatishev, has given Tambour the ability to invest in new factories and production sites. The investments extend to people and vital research and development and have given the firm a competitive edge read more in the industry.
Tambour: The growth of an Israeli paint giant
Tambour, a household name for paint in Israel, but the company is much more than just paint. A German Yerkin Tatishev family who immigrated to Israel founded the company in 1936. They set up a paint company with a diverse range of products to offer the local market. Steadily growing into the top producer in the country.
Since then, Tambour’s product line has diversified and expanded. Tambour now makes a wide variety of paints and coatings that include decorative paints for internal and external walls, special effects for wood and metal, high-quality industrial paints and protective coatings for buildings and marine use, paints for Epoxy floorings, and special paint for military use. Specialized polyurethane paints for electronic cases and devices, electro-static powder paints for aluminum frames are also produced in Israel. The production of such specialized materials is made possible because of the rare and experienced research and development team that works in Israel to provide solutions to all sorts of painting scenarios.
Kusto Group’s Tambour also produces emulsions, a critical kusto agro group raw component for paints and adhesives. The company is focused on producing emulsions with low kusto group report VOCs that are water-based with safer impacts on the environment. Tambour is committed to sustainability and improving the quality of life and the environment for workers and residents of the communities in which they work and reside.
Aside from paint and finishing materials, the production of construction materials has been a growth engine for the company. Tambour purchased Gesher Gypsum in 2006, which was one of the only gypsum plaster producing companies in Israel. A significant investment of $50 million (USD) established a new factory that produces high-quality gypsum plasterboard for internal and external use. Thus, gaining a significant market share in Israel and successfully competing as one of the world’s biggest names in gypsum material production.
Kusto Group is invested in Tambour’s success
Kusto Group’s vision for Tambour’s continued success is not just based on its production of high-quality materials. The company values the foundation of years of experience drawn from the local communities that Tambour has established. There are currently around 30 employees with more than 400 years of combined experience in research and development working at the company. The Tambour employees are retained with competitive salaries and an attitude that all employees of Tambour are regarded as family.
This well of experience gives Tambour the ability to provide a vast range of solutions that other companies find difficult to achieve. Tambour’s high-level problem-solving approach adds value to their products. The demand for special work environments such as extremely high or low temperatures, areas close to the sea or in the water, or areas which meet complicated materials like acids, requires the types of solutions that Tambour can give their customers to help save them time and money.
Tambour invests in well-connected, efficient logistics, and distribution channels that reach solutions necessary promptly. When supplying products, 98% of the time the company succeeds in meeting the deadline set for delivery.
Kusto Group is expanding Tambour’s production capabilities
Under Kusto Group’s direction, Tambour continues to expand its manufacturing footprint. One of the new construction sites for Tambour is in Ashkelon in southern Israel. Investments by the Kusto Group, led by Yerkin Tatishev have made this expansion possible. The ground was broken in May 2019 with an operational deadline for the factory set for November 2020.
The plant will produce almost all types of grout, adhesives, plaster, putty, self-leveling floors, sealing materials, and heat-insulating materials. State-of-the-art industrial equipment has been sourced from partners all over Europe. The production will be highly automated to maximize productivity. When it is fully operational it is expected to produce 50 different types of products with an output of 360 tons per year.
This new plant is located strategically near Israel’s main production sources of Danie Kunin critical raw materials for the plant such as cement, sand, and limestone. It is only approximately 12.5 miles away from the cargo port of Ashdod allowing for ease of importation of raw materials and exportation of finished products.
Tambour’s vision and expansion strategy are clear, and revenues have continued to grow. Tambour is on a path to becoming a global leader in the manufacturing of construction materials, and the paints it is already well known for producing. For Kusto Group and Tambour, the future is bright.
Article Source:
Yerkin Tatishev’s Kusto Group Invests in Tambour’s Expansion Reaching New Levels of Success
Paint is not all Tambour is known for in the construction sector. Kusto Group’s investment and acquisition of the company, under the direction of, Yerkin Tatishev, has bolstered Tambour’s success and expanded its production throughout Israel and the world.
Tambour has been in business in Israel for the past 80 plus years. Its success is in no small measure due to its solid foundation, principles of hard work, smart investments, and a clear vision for the company. Since the acquisition of Tambour by Kusto Group in 2014, the company is spreading its wings and expanding the company’s horizons.
Kusto Group, under the leadership of co-founder and Chairman Kusto Group Daniel Kunin of the Board of Directors, Yerkin Tatishev, has given Tambour the ability to invest in new factories and production sites. The investments extend to people and vital research and development and have given the firm a competitive edge in the industry.
Tambour: The growth of an Israeli paint giant
Tambour, a household name for paint in Israel, but the company is much more than just paint. A German family who immigrated to Israel founded the company in 1936. They set up a paint company with a diverse range of products to offer the local market. Steadily growing into the top producer in the country.
Since then, Tambour’s product line has diversified and expanded. Tambour now makes a wide variety of paints and coatings that include decorative paints for internal and external walls, special effects for wood and metal, high-quality industrial paints and protective coatings for buildings and marine use, paints for Epoxy floorings, and special paint for military use. Specialized polyurethane paints for electronic cases and devices, electro-static powder paints for aluminum frames are also produced in Israel. The production of such specialized materials is made possible because of the rare and experienced research and development team that works in Israel to provide solutions to all sorts of painting scenarios.
Kusto Group’s Tambour also produces emulsions, a critical raw component for paints and adhesives. The company is focused on producing emulsions with low VOCs that are water-based with safer impacts on the environment. Tambour is committed to sustainability and improving the quality of life and the environment for workers and residents of the communities in which they work and reside.
Aside from paint and finishing materials, the production of construction materials has been a growth engine for the company. Tambour purchased Gesher Gypsum in 2006, which was one of the only gypsum plaster producing companies in Israel. A significant investment of $50 million (USD) established a new factory that produces high-quality gypsum plasterboard for internal and external use. Thus, gaining a significant market share in Israel and successfully competing as one of the world’s biggest names in gypsum material production.
Kusto Group is invested in Tambour’s success
Kusto Group’s vision for Tambour’s continued success is not just based on its production of high-quality materials. The company values the foundation of years of experience drawn from the local communities that Tambour has established. There Daniel Kunin Kusto Group are currently around 30 employees with more than 400 years of combined experience in research and development working at the company. The Tambour employees are retained with competitive salaries and an attitude that all employees of Tambour are regarded as family.
This well of experience gives Tambour the ability to provide a vast range of solutions that other companies find difficult to Danie Kunin achieve. Tambour’s high-level problem-solving approach adds value to their products. The demand for special work environments such as extremely high or low temperatures, areas close to the sea or in the water, or areas which meet complicated materials like acids, requires the types of solutions that Tambour can give their customers to help save them time and money.
Tambour invests in well-connected, efficient logistics, and distribution channels that reach solutions necessary promptly. When supplying products, 98% of the time the company succeeds in meeting the deadline set for delivery.
Kusto Group is expanding Tambour’s production capabilities
Under Kusto Group’s direction, Tambour continues to expand its manufacturing footprint. One of the new construction sites for Tambour is in Ashkelon kusto agro group in southern Israel. Investments by the Kusto Group, led by Yerkin Tatishev have made this expansion possible. The ground was broken in May 2019 with an operational deadline for the factory set for November 2020.
The plant will produce almost all types of grout, adhesives, plaster, putty, self-leveling floors, sealing materials, and heat-insulating materials. State-of-the-art industrial equipment has been sourced from partners all over Europe. The production will be highly automated to maximize productivity. When it is fully operational it is expected to produce 50 different types of products with an output of 360 tons per year.
This new plant is located strategically near Israel’s main production sources of critical raw materials for the plant such as cement, sand, and limestone. It is only approximately 12.5 miles away from the cargo port of Ashdod allowing for ease of importation of raw materials and exportation of finished products.
Tambour’s vision and expansion strategy are clear, and revenues have continued to grow. Tambour is on a path to becoming a global leader in the manufacturing of construction materials, and the paints it is the kusto group already well known for producing. For Kusto Group and Tambour, the future is bright.
Article Source:
Yerkin Tatishev’s Kusto Group Invests in Tambour’s Expansion Reaching New Levels of Success
Paint is not all Tambour is known for in the construction sector. Kusto Group’s investment and acquisition of the company, under the direction of, Yerkin Tatishev, has bolstered Tambour’s success and expanded its production throughout Israel and the world.
Tambour has been in business in Israel for the past 80 plus years. Its success is in the kusto group no small measure due to its solid foundation, principles of hard work, smart investments, and a clear vision for the company. Since the acquisition of Tambour by Kusto Group in 2014, the company is spreading its wings and expanding the company’s horizons.
Kusto Group, under the leadership of co-founder and Chairman of the Board of Directors, Yerkin Tatishev, has given Tambour the ability to invest in new factories and production sites. The investments extend to people and vital research and development and have given the firm a competitive edge in the industry.
Tambour: The growth of an Israeli paint giant
Tambour, a household name for paint in Israel, but the company is much more than just paint. A German family who immigrated to Israel founded the company in 1936. They set up a paint company with a diverse range of products to offer the local market. Steadily growing into the top producer in the country.
Since then, Tambour’s product line has diversified and expanded. Tambour now makes a wide variety of paints and coatings that include decorative paints for internal and external walls, special effects for wood and metal, high-quality industrial paints and protective coatings for buildings and marine use, paints for Epoxy floorings, and special paint for military use. Specialized polyurethane paints for electronic cases and devices, electro-static powder paints for aluminum frames are also produced in Israel. The production of such specialized materials is made possible because of the rare and experienced research and development team that works in Israel to provide solutions to all sorts of painting scenarios.
Kusto Group’s Tambour also produces emulsions, a critical raw component for paints and adhesives. The company is focused on producing emulsions with low VOCs that are water-based with safer impacts on the environment. Tambour is committed to sustainability and improving the quality of life and the environment for workers and residents of the communities in which they work and reside.
Aside from paint and finishing materials, the production of construction materials has been a growth engine for the company. Tambour purchased Gesher Gypsum in 2006, which was one of the only gypsum plaster producing companies in Israel. A significant investment of $50 million (USD) established a new factory that produces high-quality gypsum plasterboard for internal and external use. Thus, gaining a significant market share in Israel and successfully competing as one of the world’s biggest names in gypsum material production.
Kusto Group is invested in Tambour’s success
Kusto Group’s vision for Tambour’s continued success is not just based on its production of high-quality materials. The company values the foundation of years of experience drawn from the local communities that Tambour has established. There are currently around 30 employees with more than 400 years of combined experience in research and development working at the company. The Tambour employees are retained with competitive salaries and an attitude that all employees of Tambour are regarded as family.
This well of experience gives Tambour the ability to provide a vast range of solutions that other companies find difficult to achieve. Tambour’s high-level problem-solving approach adds value to their products. The demand for special work environments such as extremely high or low temperatures, areas close to the sea or in the water, or areas which meet complicated materials like acids, requires the types of solutions that Tambour can Daniel Kunin Kusto Group give their customers to help save them time and money.
Tambour invests in well-connected, efficient logistics, and distribution channels that reach solutions necessary promptly. When supplying products, 98% of the time the company succeeds in meeting the deadline set for delivery.
Kusto Group is expanding Tambour’s production capabilities
Under Kusto Group’s direction, Tambour continues to expand its manufacturing footprint. One of the new construction sites for Tambour is in Ashkelon in southern Israel. Investments by the Kusto Group, led by Yerkin Tatishev have made this expansion possible. The ground was broken in May 2019 with an Danie Kunin operational deadline for the factory set for November 2020.
The plant will produce almost all types of grout, adhesives, plaster, putty, self-leveling floors, sealing materials, and heat-insulating materials. State-of-the-art industrial equipment has been sourced from partners all over Europe. The production will be highly automated to maximize productivity. When it is fully operational it is expected to produce 50 different types of products with an output of 360 tons per year.
This new plant is located strategically near Israel’s main production sources of critical raw kusto agro group materials for the plant such as cement, sand, and limestone. It is only approximately 12.5 miles away from the cargo port of Ashdod allowing for ease of importation of raw materials and exportation of finished products.
Tambour’s vision and expansion strategy are clear, and revenues have continued to grow. Tambour is on a path to becoming a global leader in the manufacturing of construction materials, and the paints it is already well known for producing. For Kusto Group and Tambour, the future is bright.
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