The Atyrau sanatorium, whose major shareholder is entrepreneur Marat Balgimbayev, nephew of former Kazakh PM Nurlan Balgimbayev, posted a profit of 22.9 million tenge in 2025, down from 96.2 million tenge in 2024, according to the company's published financial statements. This was reported by Qazaqyia.kz citing Kursiv Media.
Revenue rose to 392.1 million tenge from 339.4 million tenge in 2024. The sanatorium sharply reduced income from medical services to 12.1 million tenge in 2025 from 111.3 million tenge in 2024, but revenue from spa treatment increased to 379.96 million tenge from 228.1 million tenge in 2024.
Labor costs rose significantly to 145.6 million tenge from 102.9 million tenge in 2024. The company's uncovered loss at the end of 2025 stood at 77.2 million tenge.
Entrepreneur Marat Balgimbayev appeared on February 20, 2026, on the list of major shareholders of the Atyrau sanatorium, holding 10% or more of shares. Previously, the only major shareholder was DAN-Is-Service.
eGov indicated that the number of shareholders of the Atyrau sanatorium remained unchanged from February 1 and stood at 47 individuals as of February 24. Thus, Marat Balgimbayev increased his stake in the company. However, the company did not disclose the exact size of the new major shareholder's stake or changes in other participants' shares.
The sanatorium complex is located on the banks of the Ural River with an adjacent embankment. The guarded territory of about 3 hectares includes a 5-story residential building, a canteen, a mud therapy clinic, utility rooms, a park with a fountain, walking paths, benches, lighting, a sports ground, and a parking lot.
The co-owners of DAN-Is-Service are listed as Kuanyshkali Toleugaliyev, Sarsembay Murinov (previously listed in open sources as first deputy head of KazTransOil) and Marat Balgimbayev. DAN-Is-Service paid 1.1 million tenge in taxes in 2025 and 2.4 million tenge in 2024.
Marat Balgimbayev is the head of CaspianMetall (production of building steel structures, Atyrau), whose sole owner is Tolegen Balgimbayev. This company paid 81,000 tenge in taxes in 2025 and 162,100 tenge in 2024.
Marat Balgimbayev's uncle, Nurlan Balgimbayev (died in 2015), was Prime Minister of Kazakhstan from 1997 to 1999 and also headed the Ministry of Oil and Gas Industry and the national company Kazakhoil. In 2014, Nurlan Balgimbayev ranked 28th in Forbes' list of most influential businessmen. Forbes named his children Tolegen Balgimbayev and Samal Balgimbayeva as the ex-official's business partners.
In 2024, Tolegen Balgimbayev ranked 75th in Forbes' list of richest Kazakhs with a fortune of $63 million. Besides CaspianMetall, he holds stakes in Konsortium Isker and West Dala, and controls West Oil, Alma East West Group, and AMS-Real Estate.