Aequitas

Kazakhstan

Analysis

Overview

Aequitas remains a top-tier choice for local counsel, specialising in banking and finance, labour and employment, M&A, natural resources and environmental law. The firm has been expanding in healthcare and pharmaceuticals, gaining recognition for specialist areas such as insurance, media and customs, while also venturing into bitcoin and cryptocurrency. Managing partner Olga Chentsova is a key contact. Recent team changes include the addition in 2023 of associates Kristina Mychka, focusing on dispute resolution and tax law, and Dianna Ten, specialising in labour and employment, migration law and healthcare. However, the firm saw the departure of partner Ardak Idayatova and associate Farukh Iminov from its dispute resolution practice in early 2024.

Client feedback

"They know the Kazakhstan market very well; they are very detailed and concrete." – Corporate and M&A

Tair Kulteleev

"Very detailed and structured. Very professional and super communicative."

General business law

Work highlights

Advised a syndicate of lenders, including the European Bank for Reconstruction and Development, Islamic Development Bank and Eurasian Development Bank, on Kazakhstan's first concession project of special significance. The project involves the construction and operation of the Big Almaty Ring Road, a major toll road infrastructure development. This landmark transaction marks a significant milestone in Kazakhstan's infrastructure and public-private partnership landscape, setting a precedent for future large-scale concession projects in the country.

Key clients

Alkor Kazakhstan, Ore Mining Technologies, TotalEnergies Marketing Kazakhstan