Kaspars Kukelis, president of Ekoton+, a company specializing in the production of gas blocks (aerated concrete) for construction companies and the public, received remuneration of 381.7 million tenge for 2025, reports infohub.kz.
In 2024, his remuneration amounted to 255.6 million tenge, thus the total amount of salary and bonuses for the year increased by 1.5 times. Kukelis became head of Ekoton+ on August 7, 2023.
Previously, Kukelis served as CEO of mobile operator Kcell from January 2019 to January 2021. He worked at Kcell from 2008 to 2019: from 2008 to 2013 as director of the marketing department, from 2013 to 2014 as chief commercial officer, and from 2017 to 2019 as chief director and member of the board for the retail segment.
According to the financial statements, Ekoton+ earned a profit of 93.97 million tenge in 2025, while in 2024 profit amounted to 2.1 billion tenge. The company's retained earnings at the end of 2025 reached 6.7 billion tenge.
Ekoton+ is the largest producer of gas blocks in Kazakhstan. The company's revenue in 2025 grew to 16.1 billion tenge from 14.4 billion tenge in 2024. As of July 1, 99% of Ekoton+'s shares are owned by Otau-K, and 1% by Mendigul Doskumbayeva. The sole participant and ultimate beneficiary of Otau-K is Farida Alisherova.
The company's structure includes several subsidiaries: Ekoton-Batys (production and sale of aerated concrete products for house building), Ekoton-Korgalzhyn (extraction and sale of quartz sand), Ekoton-Trans Logistic (transport services), Ekoton Stroy Invest (construction of residential and non-residential buildings, structures and roads, real estate management), Neokhim (production and sale of lime and silicate bricks). Ekoton+ owns 100% stakes in all these companies.
In addition, Ekoton+ has a 50% stake in Ecoton-Shygys (production of wall blocks). Ekoton-Batys owns a 72.924% stake in Ecoton-Sharq (Uzbekistan), and also has branches in Atyrau, Alga and Shymkent, and a representative office in Orenburg (Russia).
Ekoton-Batys extracts construction sand at the Sazdinskoye deposit in Aktobe; the contract expires on December 31, 2028. Ekoton-Batys also has a contract for exploration and extraction of chalk at Sarbulak-1 in the Aktobe region, valid until the end of 2032.
Ekoton-Korgalzhyn extracts sand at site No. 1 of the Korgalzhyn deposit in the Akmola region. Neokhim has a contract for exploration and extraction of sand at the Oktyabrskoye deposit in the Aktobe region, valid until the end of 2032.