Saidulla Kozhabayev, the founder of the Alageum Electric group of companies, shareholder and chairman of the Supervisory Board, was recognized as the “Businessman of the Year” by Forbes Kazakhstan magazine.

In 2022, the group showed a growth of 40%, bringing the annual turnover to $407 million, and became the largest manufacturer of transformer equipment in the post-Soviet space. The company also entered the European market by supplying electrical equipment to Hungary.

Read more in the January issue of Forbes Kazakhstan.