Rustam Minnikhanov: “Bugulma motor pump plant faces positive prospects”
22 July 2013, Monday
On July 22 Tatarstan President Rustam Minnikhanov took part in opening of a new enterprise on producing electric cables for oil production industry at Bugulma motor pump plant.
In 2009 this enterprise was on the verge of bankruptcy. Later on, Tatarstan Investment and Venture Fund purchased the plant and passed it on to a strategic investor represented by Veles Capital.
832 mln rubles were invested in the plant modernization and advanced high-tech equipment was purchased in the period of 2010-2012.
1080 employees currently work at the plant that produces items for the sum of 100 mln rubles.
Rustam Minnikhanov visited the joint enterprise Weatherford Machine Production that was founded in 2013 by an American company Weatherford and OAO “Bugulma motor pump plant”. OAO Rosneft, OAO Bashneft, OAO Tatneft will be main customers of the plant.
Tatarstan President also took part in opening of the enterprise for producing electric cables for oil production industry OOO “Noris”.
Rustam Minnikhanov expressed hope that products of new enterprise will be used at Tatneft and small oil companies in Tatarstan and outside the republic.
On August 13, speaking at a briefing at the Cabinet of Ministers of the republic, Chief Bailiff of the republic Igor Bezuevsky said that the total amount of alimony debts of parents exceeds 2.8 billion roubles in Tatarstan.
Dear Muslims of Tatarstan!
From the bottom of my heart I congratulate you on a blessing holiday of offering sacrifices – Eid-Al-Adha!
This long-awaited day, filled with righteous exaltation, is the culmination of the great pilgrimage of Muslims from all over the world to the holy Mecca, where believers offer the Almighty endless prayers for the path to perfection, repentance and salvation indicated by the prophet Ibrahim and all the faithful. Eid-Al-Adha is a time of spiritual redemption, fraternal unity and good deeds.
On July 30, at the Cabinet of Ministers of the republic, speaking at a briefing on the implementation of the Healthcare and Demography National Projects in Tatarstan, Minister of Healthcare of the republic Marat Sadykov said that Tatarstan will receive about 7 billion roubles until 2021 for the development of the Healthcare National Project.