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.
Tatarstan President's Press Office
Share:
LATEST NEWS
24
December 2025
On 24 December Tatarstan Prime Minister Aleksey Pesoshin took part in a charity action “The Christmas Tree of Wishes” held during the 17th session of the State Council of the republic of the seventh convocation.
The Head of the Government of the republic will fulfill wishes of five-year old Landysh who dreams of a guitar, 13-year old Zariva who will get a smart speaker, eight-year old Leyla dreaming of a bike and 16-year old Evelina who will be given an e-book.
20
December 2025
On 20 December, speaking at a meeting held by the Rais (Head) of Tatarstan Rustam Minnikhanov in the Government House of the republic with participation of the regional Prime Minister Aleksey Pesoshin and all municipalities taking part in it via videoconference, the First Deputy Minister of Construction, Architecture and House Utilities Sector of the republic Damir Shaydullin informed that huge work in capital overhaul of 713 social and cultural facilities have been completed in the republic with the total cost of work of 15bn rubles.
On 20 December, in his address on the occasion of the Russian Security Bodies Officers Day, Tatarstan Prime Minister Aleksey Pesoshin congratulated employees and old stagers of the service with their professional holiday and wrote: “
Throughout the history of our state, security agencies have stood guard over national interests of Russia and protected the sovereignty and territorial integrity of the country. Your high professionalism, courage and dedication to duty are a reliable shield against external and internal threats.
15
December 2025
On 15 December, speaking at a meeting of the competition committee of the regional public competition “The Manager of the Year” about its results in 2025, Tatarstan Prime Minister Aleksey Pesoshin said that the list of 155 participants (nominees), who are heads of enterprises and organizations from various industries and sectors of the economy, for the competition was formed based on recommendations from regional ministries and departments, city and district municipalities, employers' associations and the Federation of Trade Unions of the republic.
SUBSCRIBE FOR NEWS
Address: Kazan, Ploschad Svobody, 1, 420060
Phone:
+7 (843) 264-77-74
E-Mail: prav@tatar.ru
All content on this site is licensed under
Creative Commons Attribution 4.0 International
If you see a mistake,
please select the word or sentence and press CTRL+ENTER