About 80% of companies represented by family business in Kazakhstan

Date: 09:30, 03-06-2014.

Almaty. June 3. KazTAG - About 80% of companies are presented by family business in Kazakhstan, said Yana Isakova, chair of coordination council of family business association.

"According to the internal estimation of the association and data that we have- about 80% of companies in Kazakhstan-are family companies," she said

In her worlds, there is no term "family company" on the legislative level in Kazakhstan.

"Thus, everyone defines himself, (...) it can be a father of a family who owns his business, (...) or a family couple working together," she added.

"I think that family traditions, family business- are in the traditions of Kazakhstan," she concluded.

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