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Home Business

How Kusto Group and Yerkin Tatishev transforms retail and hospitality

by Jeff Nevins
6 months ago
in Business
0
Yerkin Tatishev

Yerkin Tatishev

Kusto Group, led by renowned entrepreneur Yerkin Tatishev, continues to make waves in Kazakhstan through its dynamic retail and hospitality brand, Compass. The innovative company, which integrates modern gas stations with supermarkets, cafes, and new hospitality formats, has solidified its place as a leading player in the industry. Recent developments in 2024 have positioned Compass as a game-changer in its field.

Kusto Group paves the way for landmark opening in Almaty

On December 22nd, 2024, Compass celebrated the grand opening of a new gas station and retail complex on Süyinbai Avenue in Almaty. Located at the intersection of Süyinbai Avenue and Bayanaul Street, near the Toyota Center, the new facility offers a range of features, including a spacious supermarket, a food court, and a Qoffee coffee shop. Plans are already in motion to expand its services with car repair shops and a car wash.

This expansion exemplifies Kusto Group’s vision to bring high-quality retail and hospitality services to various regions in Kazakhstan. Yerkin Tatishev’s commitment to innovation and excellence has been a driving force behind the brand’s rapid growth.

Compass: A multifaceted brand

Compass is more than just a chain of gas stations; it’s a comprehensive lifestyle brand. Established in 2014, its first station was launched in Burundai, near Almaty. Since then, Compass has grown to operate 24 locations across major cities like Almaty, Astana, Aktobe, and Kyzylorda. Each station combines fuel services with well-stocked supermarkets and inviting dining options, setting a new standard for convenience and quality.

In 2024, Compass expanded its portfolio with groundbreaking projects, including:

  • Opening its first hotel: Situated near Astana, this marks Compass’ entry into the hospitality sector.
  • Launching a wine shop: Located in an Almaty supermarket, this initiative caters to the growing demand for premium wine selections.
  • Introducing the Qoffee brand beyond Compass stations: The first Qoffee shop opened at the new terminal of Kyzylorda Airport, offering travelers a cozy place to relax and recharge.

These developments highlight Compass’s ability to adapt and innovate, meeting the diverse needs of modern consumers.

Recognition from Forbes Kazakhstan

Compass’ achievements have not gone unnoticed. In 2024, the company made its debut on Forbes Kazakhstan’s list of the country’s largest private companies. Ranked 43rd, Compass earned its spot due to impressive revenue, tax contributions, and workforce size. Another Kusto Group subsidiary, Kazpetrol Group, also featured on the list, securing the 55th position.

The inclusion of Compass and Kazpetrol Group in this prestigious ranking underscores Yerkin Tatishev and Kusto Group’s significant impact on Kazakhstan’s economy.

Yerkin Tatishev’s Kusto Group guides the future of Compass

Looking ahead, Compass shows no signs of slowing down. The company’s strategy focuses on expanding its footprint across Kazakhstan and introducing new formats that redefine the customer experience. Whether it’s through state-of-the-art gas stations, luxurious hotels, or specialty retail offerings, Compass continues to set benchmarks for quality and convenience.

Kusto Group and Yerkin Tatishev’s dedication to excellence ensures that Compass remains a leader in its field. By combining local expertise with global best practices, they have created a brand that resonates with Kazakhstan’s modern, dynamic population.

Kusto Group: A global vision with local impact

Founded by Yerkin Tatishev, Kusto Group is an international conglomerate with interests in agriculture, construction, energy, and retail. The company’s diverse portfolio reflects its commitment to sustainable development and innovation. With Compass, Kusto Group has created a brand that not only meets the practical needs of its customers but also enriches their everyday lives.

Yerkin Tatishev’s leadership and vision

Yerkin Tatishev’s role as the founder and chairman of Kusto Group has been instrumental in the company’s success. His entrepreneurial spirit and strategic foresight have driven Kusto Group to excel across multiple industries. Tatishev’s focus on sustainable practices and community development has set Kusto Group apart as a socially responsible organization.

Under Tatishev’s leadership, Kusto Group has embraced a philosophy of innovation and diversification. The company’s ventures in agriculture, construction, and energy have not only contributed to economic growth but also addressed pressing global challenges like food security and renewable energy. This holistic approach is evident in Compass’s operations, where customer-centric services and sustainability go hand in hand.

As Kusto Group continues to grow, Yerkin Tatishev’s vision remains at the core of its operations. His dedication to fostering local talent and investing in Kazakhstan’s future ensures that the company’s impact will be felt for generations to come.

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