Greek companies are preparing to launch elevator equipment and dairy production in Kazakhstan — part of five Greek investment projects worth a total of $122 million currently under development in the country, infohub.kz reports.
According to Kazakhstan's Ministry of Foreign Affairs, Doppler is working on launching elevator equipment production in Astana, while Desserta Hellas plans to build a dairy plant in Akmola Region.
The joint projects were discussed by Kazakh Deputy Foreign Minister Ardak Zebeshev and Greek Ambassador Antonia Katsourou. Beyond elevators and dairy products, the companies are also considering projects in industrial and household waste processing and solar energy.
"Greek business interest in Kazakhstan is becoming increasingly practical, and now is the time to move from general agreements to concrete economic results. We are ready to support every investor — from the first talks to the launch of an enterprise," Zebeshev said.
Doppler is a Greek elevator manufacturer founded in 2000. Its head office and plant are located in the town of Polikastro. The company produces passenger and freight elevators, car lifts and components, according to its official website. The ministry has not yet specified which products it plans to make in Astana, how much it will invest or when the plant will open.
Desserta Hellas was founded in Greece in 1996. It represents the products of the Austrian dairy cooperative Berglandmilch in Greece, Cyprus and the Balkans. Its range includes milk, fermented dairy products, butter and cheeses. In 2024 the company acquired the cheese maker Doriki and began developing its own production.
The Greek newspaper Kathimerini describes Desserta Hellas as a subsidiary of Berglandmilch. After buying Doriki, it gained a feta plant in Episkopiko, near Ioannina, and a milk collection point in the Andravida area.
In July 2026, Desserta Hellas and Berglandmilch already discussed milk processing and the production of cheeses and yogurts with the Kazakh side. According to Kazakh Invest, several options were considered: own production, a joint venture with local partners, or a gradual shift from supplies to manufacturing in Kazakhstan. The delegation also visited the Astana Өнім farm in Akmola Region.
Nearly 50 companies with Greek capital operate in Kazakhstan. In total, the two countries' cooperation portfolio includes eight investment projects worth $133.5 million.
One of them is already under way: SABO is building three municipal solid waste processing plants in Ust-Kamenogorsk, Semey and Aktobe.
METLEN Energy & Metals is studying the possibility of processing metallurgical waste and extracting copper, zinc, nickel, cobalt and other critical metals from it.
Oil remains the backbone of trade between the two countries. Kazakhstan is Greece's second-largest supplier of crude oil, accounting for about 24% of Greek oil imports.
In 2025, trade between the countries totaled $2.4 billion. In January–July 2026 it reached $1.5 billion — 7% more than in the same period a year earlier.