TAIF Group in mass-media

back to list


Prime Minister of RT: Prerequisites for further sustainable development of Kazanorgsintez OJSC created


Ildar Khalikov took part in the Annual General Meeting of Kazanorgsintez OJSC’s Shareholders.

For Kazanorgsintez OJSC, 2011 performance results and the investment policy implemented by the company over the last three years provide a serious platform for feeling confidence in its good prospects, the Prime Minister of RT Ildar Khalikov believes. Today the head of the Republic’s Government took part in the Annual General Meeting of Kazanorgsintez OJSC’s Shareholders, where the company’s operational results for the past year were summarized.

A report about 2011 performance results was presented by the General Director, Kazanorgsintez OJSC, Farid Minigulov. He noticed that the preceding year was a success for the company. Net profit equaled to RUB 473.3 million. Sales volume amounted to RUB 37 billion, having exceeded the year-on-year result by 9.8 per cent. Sales profit made up RUB 4.2 billion that is by RUB 129 million more than it was in the previous year. At the same time, net profit decreased by RUB 686 million and amounted to RUB 437 million. According to the General Director, an adverse impact on this index resulted from commissioning work performed at E-500 ethylene unit as well as from exchange differences. The company timely and in full makes payments to all-level budgets and payroll, F. Minigulov stated. The average salary rose by 10 per cent in the company if compared to 2010, having exceeded RUB 24 thousands.



80, Pushkina Str.,
420015 Kazan, Republic of Tatarstan, Russia

Tel.: +7 (843) 277-94-02
Fax: +7 (843) 277-94-03