The exporter of carpet products obtained support from KazakhExport
Bal Tekstil LLP, the leader in the carpet production in Kazakhstan, has concluded an export credit insurance contract with the EIC “KazakhExport” JSC. The deal amounted to RUB 8 mln. The subject of the contract is insurance of the insurer’s property interests.
Bal Textile is specialized in the production of carpets and carpet products in the South-Kazakhstan Oblast, in the Special Economic Zone “Ontustik”. The enterprise turns out more than 5 mln. sq.m. of products per year. More than 400 distributors of the company operate in the Republic.
New models of machines of the Belgian Brand Van De Wiele are installed on the production lines. In 2015, the Company launched machines to produce polypropylene yarns of HeatSet, BCF and Freeze to manufacture carpet products that allowed it to fully use the capacities of carpet weaving machines. By means of it, the dependence on raw materials was reduced, the assortment and color range of carpet products increased, and the cost of products decreased.
According to Talgat Iskhakhov, the Director of Bal Textile LLP, the main sales markets of the company are Russia, Kyrgyzstan, Tajikistan, Azerbaijan, Great Britain, Germany and France.
We remind that the “export credit insurance” tool by KazakhExport allows the Kazakhstan exporter to receive protection from the risk of non-payment by the importer under the contract providing for the sales of Kazakhstan goods or services on the terms of a delay in payment. To use the tools supporting domestic exporters, please contact the call-center by phone: 8 (727) 250 00 21. You can also find additional information on the website: keg.kz.
