Rustam Minnikhanov takes part in annual shareholders’ meeting of OAO “TAIF”

On April 26 Tatarstan President Rustam Minnikhanov took part in annual shareholders’ meeting of OAO “TAIF”. Results of “TAIF” Group work for 2012 were summarized at the meeting. Company’s Director General Albert Shigabutdinov presented keynote report.

He told about problems faced by the company and pointed out priority issues. Notwithstanding all challenges, the best results for the whole company’s history were achieved in 2012.

Thus, balanced proceeds of “TAIF” Group made 452,2 bln rubles, total net profit – 59,4 bln rubles. 67,6 bln rubles of taxes and charges were paid to all budgets and non-budget funds. 25,7 bln rubles were allocated for implementation of Russian and Tatarstan important strategic investment projects. 6 bln rubles were directed for realization of nature protection measures, 3,4 bln rubles – for labour protection and industrial safety, 10,7 bln rubles – for charity, sponsorship, social and cultural sector, and backing of energy tariffs.

Total amount of investments of “TAIF” Group in social sphere accounted for 36 bln rubles. Annual and accounting reports were approved at annual shareholders’ meeting. Besides, new membership of the Board was elected.

First Deputy Director General of OAO “TAIF” Rustem Sulteev was elected as the Board Chairman.

Press conference for representatives of media companies was held later on the same day. Tatarstan President Rustam Minnikhanov, Director General of OAO “TAIF” Albert Shigabutdinov, and First Deputy Director General of OAO “TAIF” Rustem Sulteev answered journalists’ questions.