LAC Holding Zrt. and ТОО „International Business Center” (hereafter referred to as IBC) agreed that IBC buys 34% stake in L.A.C Kazahstan “Vengerskiy Torgoviy Dom” (Hungarian Trade House), which was so far 100% owned by LAC Holding Zrt. The official agreement was signed by Laszlo Horvath, owner of LAC Holding Zrt. and Vassilyeva Yekaterina Lvovna, CEO of IBC on 20th of June in Astana.
Currently IBC is the most influential investor company in Kazakhstan which has interests in oil industry, hospitality, construction industry and securities markets. As a new direction, they would like to attend agricultural projects, that is why it’s beneficial for them, that L.A.C Kazahstan “Vengerskiy Torgoviy Dom” has been working on a number of agricultural projects in Kazakhstan.
As a result of the partnership, the Hungarian agricultural projects in Kazakhstan may obtain significant financing and acceleration, which will further strengthen business and economic co-operation and friendship between Hungary and Kazakhstan.