On June 7, TAIF and Schneider Electric signed an additional Strategic Cooperation Agreement on the sidelines of the St. Petersburg International Economic Forum. The document was signed by Albert Shigabutdinov, Director General, TAIF JSC and Johan Vanderplaetse, Senior Vice President, President, Schneider Electric in Russia and CIS. The signing ceremony was attended by the President of Tatarstan Rustam Minnikhanov.

Within the framework of the TAIF Group's Strategic Development Program for the period up to 2030, the Group's enterprises are actively working on projects that are of priority importance for the economy of the Republic of Tatarstan and the Russian Federation. For their implementation, TAIF Group's enterprises actively introduce new technologies and innovative solutions, using the best engineering know-hows, conduct large-scale modernization of the existing production facilities, and perform a huge amount of new construction. All this allows the Group's companies to implement large-scale projects that are unparalleled in Russia and unique in the world.

Schneider Electric seeks to participate in the large-scale investment projects implemented by TAIF Group's companies. Mutually beneficial cooperation opens up new prospects and opportunities in the field of petrochemicals, oil refining and energy. Enjoying rich experience in this sector and possessing modern technologies, Schneider Electric will contribute to the introduction of its most advanced developments and technical innovations at the companies of TAIF Group.

The signing of this Agreement became another step in the cooperation between the companies started in 2017 in the field of supply and commissioning of the equipment produced by Schneider Electric. The document signed today is aimed to promote the development of long-term relationships between partners in the field of digital transformation in the companies of TAIF Group and in the Republic of Tatarstan, including the development of educational programs, the supply of modern digital solutions, equipment, components and spare parts produced by Schneider Electric, and also sets out corporate discounts for the companies of TAIF Group.

Schneider Electric's equipment has already been installed and is widely operated by Nizhnekamskneftekhim PJSC, Kazanorgsintez PJSC, by the branches of TGC-16 JSC, TAIF-NK AZS LLC, at TAIF JSC's social facilities, as well as in the offices and business centers of the company.

In addition, the companies intend to continue the implementation of joint projects in the field of energy, automation of technological processes and integrated accounting of resources, the introduction of modern electrical equipment for power supply systems of industrial enterprises, and energy-saving technologies.

"Tatarstan is one of the leading regions in the introduction of innovative technologies, and it is a great privilege for Schneider Electric to cooperate with one of its key companies — TAIF Group, which enables us to introduce and develop solutions that really enhance the efficiency of companies," says Johan Vanderplaetse, Senior Vice President, President, Schneider Electric in Russia and CIS.

"On the back of the global digitalization of the world economy and industry, leading positions in the competitive environment are taken by the companies that not only keep up with the times, but also are able to look into the future. TAIF Group is always aimed at implementing new efficient technologies, so we are actively implementing the best, most advanced process and technical solutions of the world at our production sites. Therefore, the choice of Schneider Electric as a partner is absolutely reasonable and logical. Schneider Electric is a company with a long and rich history, it has been operating in Russia since the end of the 19th century. TAIF Group and Schneider Electric have long years of fruitful cooperation. Our companies are interested in solutions in the field of power distribution and automation of production processes for the construction or revamp of new plants. Here we can mention also a relatively new area — information security of automated process control systems," said Albert Shigabutdinov, Director General, TAIF JSC.

Fact sheet:

TAIF is one of the major industrial and investment companies in Russia, which has significant assets and a strong production potential, flexible management and a high level of governance. TAIF Group consisting of 43 subsidiaries and affiliated companies operates in various fields with the following core business areas: oil and gas processing, petrochemicals and power engineering, telecommunications, construction industry, investment and services. All the businesses are closely interrelated in terms of economics, engineering, technology and management.

Contact information

Press center of TAIF JSC
Leonid Kozlovsky
Acting Head, Press Center TAIF JSC
Tel.+7 (843)277-94-48

Information provided by Schneider Electric
Schneider Electric is at the forefront of digital transformation in energy management and automation for homes, buildings, data centers, infrastructure and industry.

The company’s presence in more than 100 countries makes Schneider Electric the undisputed leader in power management (low and medium voltage, uninterrupted power supply) and automation systems. We offer efficient integrated solutions combining energy management, automation and software.

The Schneider Electric ecosystem includes the largest network of partners, integrators and developers; we collaborate to deliver real-time control and operational efficiency on the basis of the open platform of Schneider Electric solutions.

We believe that unique experts and partners make Schneider a great company and that our commitment to innovation, diversity and sustainability ensures that life is on everywhere, for everyone and at every moment. At Schneider Electric, we call it Life Is On.

Thanks to our technology, life is on everywhere, for everyone and at every moment. Our solutions help customers manage energy and processes in the safest, most reliable, efficient and environmentally friendly way. Schneider Electric’s technologies, software and services improve the way our customers manage and automate their operations: whether we are talking about the simplest switches or complex industrial systems. Our connected technologies reshape industries, transform cities and enrich lives.



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