President of Tatarstan Rustam Minnikhanov meets “Hayat” holding managers in Turkey

President of Tatarstan Rustam Minnikhanov met with “Hayat” holding managers in Kocaeli (Turkey) on September, 6. Chairman of “Hayat holding” executive board Yahya Kigili, Director - general of “Hayat Kimya” company Avni Kigili, Director - general of “Kastamonu Entegre” Haluk Yildiz and others attended the meeting.

Parties discussed the issues of “Kastamonu Entegre” and “Hayat Kimya” development on the territory of Tatarstan.

We remind that Head of Tatarstan Republic is on one-day working visit in Turkish Republic (September, 6, 2011). Rustam Minnikhanov is accompanied by RT Minister of industry and trade Ravil Zaripov, Director of Department for external relations - Aide to RT President on international issues Iskander Muflikhanov, plenipotentiary of Tatarstan in Turkish Republic Radik Gimatdinov and Chairman of JSC “SEZ “Alabuga” Directors board Timur Shagivaleev.

“Kastamonu Entegre” and “Hayat Kimya” (“Hayat” holding) are residents of special economic zone “Alabuga” (the Republic of Tatarstan). “Kastamonu Entegre” is the leader in the sphere of forest production in Turkey. The company is in the top ten largest companies in Europe in MDF production.

“Hayat Kimya” is the largest enterprise n Turkey which produces general-purpose and sanitary paper goods and household chemistry.

“We appreciate presence of “Kastamonu Entegre” and “Hayat Kimya” in Tatarstan and are ready to support new projects”, - Rustam Minnikhanov stated. By his words, both companies are rapidly developing and have growth prospects.

For information:

“Kastamonu Entegre” company gained the status of resident at a special economic zone “Alabuga” in 2010. The company will be engaged in production of MDF, chipboards and OSB panels faced and not faced with melamine. Volume of output makes 475 000 m³ of MDF panels per year. The resident is an affiliate of Turkish company Kastamonu Integrated Forestry Industry and Trade Inc. – the global leader producing wood-based panels. Investments for project realization make 3,4 bln. roubles.

Design works are finished for now. The resident is on the stage of getting authorization documents to start construction works. The production is to be launched at the beginning of 2013.

Annual turnover of the company makes 550 mln. US dollars (100 mln. dollars go to export of the production to 45 countries all around the world. The company has 7 factories, 4 of them are located in Turkey, 3 – in Eastern Europe (Romania, Bulgaria, Bosnia and Herzegovina).