Kurmangazy Business Center
61a Kurmangazy Street
5th Floor
050000, Almaty

Map and directions


55/16 Mangilik El Avenue
Block C 3.1, 3rd floor, Office Nos. 325-326
Nur-Sultan 010000

Map and directions

Maksim Grekov is 'a real expert in the nuts and bolts of Kazakh law and he translates that into very commercial advice'. He focuses on project financing and restructuring mandates.

Clients praise his problem-solving skills, one saying: 'In my experience, any problem that comes up in a deal is never a problem when Maksim is involved; he'll always find a solution'.

Chambers Asia Pacific, 2017

Maksim Grekov

Maksim Grekov

Of Counsel
+7 727 355 0530

Maksim Grekov is Of Counsel in the Almaty office. He focuses on M&A and corporate as well as banking and finance, including debt and equity capital markets, derivatives and other financial products.


  • A CONSORTIUM OF BANKS on a USD 1.5 billion loan to Kazakhstan National Welfare Fund "Samruk-Kazyna" for a acquisition of 50% of KazMunaiGas' shares in KMG Kashagan B.V., a shareholder in the project to develop the giant Kashagan oil field in the Kazakhstan sector of the Caspian Sea
  • KAZ MINERALS PLC on a USD 300 million credit facility from the Development Bank of Kazakhstan to finance the completion of the Aktogay project, KAZ Minerals' second major growth project
  • A CONSORTIUM OF MAJORITY SHAREHOLDERS on the buy-out of the minority shareholders in ENRC, a major Kazakhstan metal production conglomerate*
  • CITIGROUP, SBERBANK CIB, VTB CAPITAL and HALYK FINANCE on a USD 400 million Eurobond offering of Nostrum Oil & Gas Finance B.V. guaranteed by Zhaikmunai LLP, a major independent Kazakhstan oil & gas production company
  • UNDERWRITERS on the pioneer IPO of KCell JSC, a major Kazakhstan telecommunications company*

*Experience prior to joining Kinstellar.


    • 1992 – 1996: Adilet Higher Law School, Almaty, Bachelor of Law (Distinction)
    • 1982 – 1990: Novosibirsk State University, Novosibirsk, Russia, B.Sc. in Physics


    English, Russian



    • Rehabilitation in Kazakhstan: A Renewed Path for Business in Trouble, Emerging Markets Restructuring Journal No. 1, spring 2016 (co-author)
    • Equity Capital Markets in Kazakhstan: Regulatory Overview, Practical Law, September 2015 (co-author)
    • Kazakhstan’s New Arbitration Law – Uncertainties About the Choice of International Arbitration, October Oil & Gas Issue of Investors' Voice, 2016 (co-authored with Joel Benjamin)
    • Several publications in BNA International Reports on Kazakhstan capital markets/derivatives developments
    • International Law Office (www.internationallawoffice.com, online newsletters), quarterly updates to Kazakhstan Capital Markets and Derivatives Sections, 2004 - 2007