KCM’s subsidiary earns over KZT 300 mln. under diaper production project

Kazyna Capital Management (KCM) made a complete exit from the project for production of baby disposable diapers (Sachiko-Olzha Products LLP) totaling KZT 1.2 bln. with over KZT 300 mln. investment income.

“One of KCM’s Funds - Baiterek Venture Fund - in December 2015 made investment in a unique project for production of baby diapers implemented by the Kazakh investor jointly with Japanese partner. To date, we see that thanks to the Fund’s investment the key partner of the project reached a new level of business development. It made a complete return on investment under the project with a profit for KCM. We believe that the Company will have a great future”, said Almas Agibayev, Chairman of the Management Board of Baiterek Venture Fund JSC.

Sachiko-Olzha Products is the first and the only producer of baby disposable diapers with Sachiko and Nico-Nico trade marks in Kazakhstan. The Company was established to provide domestic and foreign consumers with high-quality Kazakh products produced according to Japanese technologies and Japanese equipment. The Company was launched in July 2013.

The diapers are produced on the modern, high-tech, completely automated line of ZUIKO being the undisputed leader in the supply of equipment for production of baby and adult diapers with a 80% market share in Japan. Maximum output of the domestic plant is 210 mln. of diapers per year.

Currently Sachiko brand is represented in 431 outlets throughout Kazakhstan and 300 in Russia. Raw materials used in production of diapers as well as finished products are tested in accredited laboratories for hygienic safety indicators according to the technical regulations of the Customs Union.


Kazyna Capital Management (KCM) is a fund of private equity funds established in 2007 to promote the sustainable development of the national economy. The Funds of KCM’s family provide capital to companies in various sectors of the economy for further growth and competitiveness enhancement. KCM is among the Companies owned by Baiterek National Management Holding JSC.

Baiterek Venture Fund (BVF) is a Kazakh private equity fund with Kazyna Capital Management JSC as investor. BVF participates in the projects in priority sectors of the national economy by providing equity financing. Fund’s capitalization amounts to KZT 12.7 bln.


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Kazyna Capital Management JSC

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Website: www.kcm-kazyna.kz

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