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.
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.
Press center of TAIF JSC
Acting Head, Press Center TAIF JSC
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