What Rakhat does

Rakhat (legal name: LOTTE Rakhat Joint-Stock Company, АО «ЛОТТЕ Рахат») is one of Kazakhstan's oldest and largest confectionery manufacturers, founded in 1942 and headquartered in Almaty. The company produces a broad portfolio of confectionery and adjacent food products — including dark, milk, and aerated chocolate, candies, caramel, toffee, wafers, biscuits, marshmallows, marmalade, dragee, chocolate-hazelnut paste, cocoa powder, corn snacks, and beverages — across more than 300 SKUs marketed under the Rakhat brand, the LOTTE co-branded portfolio (Pepero, Koala's March, Chocolate Pie, Milkis, Lets'Be), and sub-brands such as Snatch, Tomiris, iQube, ZooMixx, and Kazakhstanskiy. Production runs from two owned facilities in Almaty and Shymkent, with the Shymkent site dedicated to biscuit and jelly lines; the company is Halal certified (recertified annually through 2026) and holds ISO 9001.

The business is majority-controlled (76%) by South Korea's LOTTE Confectionery, a subsidiary of the LOTTE Group, and Rakhat remains publicly listed on the Kazakhstan Stock Exchange (KASE) under the ticker RAHT. It monetizes through wholesale and retail sales of physical confectionery products — primarily via company-owned brand shops, regional representative offices, wholesale distributors, an owned e-commerce storefront, and export partnerships into Uzbekistan and Russia — with corporate gifting (notably New Year gift sets) as a secondary B2B channel. Revenue, pricing, and detailed financials are not publicly disclosed in the source materials; financial indicators are referenced as hosted on kase.kz. The company maintains an active product launch cadence, a multilingual web presence (Kazakh, Russian, English, Chinese), and recurring participation in international confectionery exhibitions (ISM Cologne, Prodexpo Moscow, WorldFood).

Name

Rakhat

Legal name

Акционерное общество «ЛОТТЕ Рахат» (LOTTE Rakhat Joint-Stock Company)

Website

http://www.rakhat.kz

Company type

Public

Founded year

1942

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

LOTTE Rakhat is a Kazakh confectionery manufacturer (founded 1942, KASE:RAHT) producing 300+ SKUs of chocolate, candies, biscuits, wafers, and snacks at facilities in Almaty and Shymkent, distributing to retail consumers, wholesale buyers, and export markets including Uzbekistan and Russia.

Ownership category

akta.pro rank

Product category

Confectionery Manufacturing

NAICS

Sugar and Confectionery Product Manufacturing (3113), Chocolate and Confectionery Manufacturing (31135), Nonchocolate Confectionery Manufacturing (31134)

SIC

Sugar & Confectionery Products (2060), Bakery Products (2050)

akta.pro primary industry

Chocolate & Candy Snacks Manufacturing (AFAKAIAM)

akta.pro secondary industry

Confectionery, Snacks & Specialty Sweets Wholesale Distribution (CRAOAAAM)

Keywords

• Confectionery manufacturing
• Chocolate production
• Candy products
• Bakery goods
• Halal confectionery

Headquarters

HQ city

Almaty

HQ country

Kazakhstan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales

Revenue model

1. Confectionery Product Sales: Revenue generated from manufacturing and selling a wide range of confectionery products including chocolates, candies, caramel, wafers, biscuits, marshmallows, marmalade, and dragee to retail consumers, wholesale buyers, and international markets.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Rakhat manufactures and distributes a wide range of confectionery and bakery products, including chocolates, candies, caramel, wafers, biscuits, marshmallows, marmalade, and dragee, under the Rakhat brand and the LOTTE brand. The company operates production facilities in Almaty and Shymkent and sells through brand shops, wholesale networks, and international export partnerships.

Product overview

LOTTE Rakhat JSC is a Kazakh confectionery manufacturer producing a diverse portfolio of sweets and snacks. The product range includes: (1) Chocolate products under the Rakhat brand (dark, milk, aerated, with additions) and LOTTE brand (Chocolate Pie, Pepero biscuit sticks, Koala's March cookies); (2) Sugar-free products under the ZERO sub-brand; (3) Candy varieties including glazed fondants, whipped candies (Bird's Milk), praline candies, and candies in artistic boxes for gifting; (4) Gummy products (ZooMixx, iQube marmalade); (5) Wafers and biscuits (Rakhat Bakery, sugar biscuits, stiff biscuits); (6) Caramel and toffee (iris); (7) Marsh-mallow (zefir); (8) Dragee (nuts, fruits in sugar coating); (9) Seasonal New Year gift sets; (10) LOTTE-branded beverages (Milkis carbonated milk drink, Aloe Vera drinks, Lets'Be coffee drinks); (11) Corn snacks (KOKAL KON); (12) Chocolate-hazelnut paste; (13) Industrial cocoa products. The company operates under a joint venture with LOTTE Corporation, integrating both the Kazakh Rakhat brand heritage and Korean LOTTE brand products.

Differentiator

Problem solved

Functional benefit

Brands

• Pepero: LOTTE brand snack sticks/cooking products
• Snatch
• Tomiris
• I♥Rakhat
• ZooMixx
• IQube
• Kazakhstanskiy

Products and services

• LOTTE Rakhat Confectionery Product Range The Rakhat brand confectionery product line including dark, milk, aerated, and specialty chocolates (Almaty Aerated Chocolate, Rakhat with Crispy, PERFECTION Milk Chocolate, Kazakhstanskiy, I♥Rakhat, Tomiris, Rakhat Dark Chocolate 65%/70%/80%, iQube), candies (Sary-Arka, Bird's Milk/Ptiche Moloko), gummies (ZooMixx, iQube marmalade), wafers, caramel, toffee/iris, marsh-mallow/zefir, dragee, chocolate-hazelnut paste, cocoa products, New Year gift sets, and gift boxes for retail consumers.
• LOTTE Branded Confectionery and Beverages LOTTE brand products distributed in Kazakhstan, including Pepero chocolate-coated biscuit sticks (Original, Almond, Choco Filled, White Cookie, Snowy Almond), Koala's March sandwich cookies, Chocolate Pie (original, strawberry, banana, cacao), SNATCH chocolate-covered wafer bars, Crazy Frog bars, KOKAL KON corn snacks, ZERO sugar-free product line (cookies, chocolate pie, gummies), and LOTTE beverages including Milkis carbonated milk drink, Aloe Vera drinks, and Lets'Be coffee beverages.
• Rakhat Industrial Cocoa Products Cocoa butter and industrial cocoa powder supplied for B2B industrial and food manufacturing customers.
• New Year Gift Sets and Corporate Gifts Festive New Year gift sets and themed packaging with characters and designs for gifting, including corporate gifting programs for B2B customers.
• ZERO Sugar-Free Product Line Sugar-free products including cookies, chocolate pie, and gummies under the ZERO sub-brand for health-conscious consumers.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Halal Industry Kazakhstan AssociationcoreStrategic or Co-development PartnerHalal Industry Kazakhstan Association provides Halal certification for Rakhat products, confirming compliance with Islamic dietary standards for chocolate, candies, caramel, biscuits, toffee, waffles, dragee, and chocolate production semi-finished products.
• ArtFuture PlatformminorStrategic or Co-development PartnerPartnership with ArtFuture platform as part of the Qazaqstan Oneri project to support modern art in Kazakhstan. LOTTE Rakhat and ArtFuture opened the doors of the Art Residence to support emerging artists.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• LOTTE Confectionery: LOTTE Confectionery is the 76% parent company of Rakhat and a major South Korean confectionery manufacturer. It is the most direct comparable given it produces similar chocolate, candy, and biscuit products including Pepero, Koala's March, and Chocolate Pie, which Rakhat now distributes in Kazakhstan.
• Roshen: Ukrainian confectionery manufacturer with a wide portfolio of chocolate, caramel, and candy products. Competes in similar Eastern European and CIS markets with a heritage brand and broad SKU offering, making it a regional direct peer.
• Ülker: Turkish confectionery manufacturer producing chocolate, biscuits, cakes, and candy under brands like Ülker, ETi, and Godiva (formerly). Serves as a direct regional peer across CIS and gives Rakhat a benchmark for export-led growth from a similar heritage-brand base.

Broad incumbents

• Mondelez International: Global confectionery giant owning Cadbury, Milka, Toblerone, and Oreo. Operates broadly in the same category and competes in Kazakhstan and CIS markets as an established multinational incumbent.
• Mars, Incorporated: Global confectionery leader with brands like Snickers, M&M's, Twix, and Galaxy. A broad incumbent in the chocolate and confectionery category that competes across Rakhat's regional footprint.
• Ferrero Group: Italian-founded global confectionery company behind Ferrero Rocher, Kinder, Nutella, and Tic Tac. A broad incumbent in chocolate and sugar confectionery with growing presence in CIS markets.
• Nestlé (Confectionery): Global packaged food giant with a significant confectionery portfolio including KitKat, Smarties, and quality street brands. A broad incumbent competing in the same category with growing CIS and Central Asia distribution.
• The Hershey Company: US-based chocolate and confectionery manufacturer with brands like Hershey's, Reese's, and Kisses. A broad incumbent in the chocolate category and a relevant benchmark for Rakhat's premium chocolate ambitions.

Others

• Barry Callebaut: World's largest chocolate and cocoa manufacturer supplying B2B chocolate to confectionery producers. Rakhat sells industrial cocoa products (cocoa butter and powder) for B2B customers, making Barry Callebaut a comparable supplier peer rather than a direct competitor.

Regional players

• Korkunov (Kraft Foods Russia / Mondelez Russia): Russian chocolate brand now part of Mondelez, with strong CIS positioning. Relevant as a regional confectionery peer that operates in Rakhat's export geographies and competes for similar Russian and Central Asian consumer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/pepero.kazakhstan

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rakhat