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
18
May 2026
On 18 May ay the CIPR conference in Nizhniy Nogorod the Tatarstan Deputy Prime Minister Roman Shaykhutdinov, the Rector of the Innopolis University Aleksandr Gasnikpov and the Vice-rector of the University Yevgeny Bobrov will take part at round tables session of the conference.
Experts will discuss the role of Tatarstan and Innopolis as one of the key technological centers of the country and how regional innovative platforms help to solve tasks of the whole Russian industry. A special emphasis will be placed on the digital transformation of the oil and gas sector and how large clusters and scientific and technological centers are becoming drivers of industry change.
16
May 2026
On 16 May, speaking at a meeting in the Government House of the republic held by the regional Prime Minister Aleksey Pesoshin with participation of the Rais (Head) of Tatarstan Rustam Minnikhanov and all municipalities taking part in it via videoconference, the Minister of Agriculture and Food of the republic Marat Zyabbarov reported that the sowing of spring crops is in full swing in the republic with 1m 38 thousand hectares or 61 per cent of the planned have been sown.
14
May 2026
On May 14, on the sidelines of the XVII International Economic Forum “Russia-the Islamic World: KazanForum”, Tatarstan Prime Minister Aleksey Pesoshin and Head of the Federal Service for Accreditation Dmitry Volvach signed an agreement on interaction and cooperation in the development of the halal industry.
On May 14, Prime Minister of Tajikistan Kokhir Rasulzoda, who arrived on a working visit in Kazan to take part in the events of the XVII International Economic Forum “Russia-the Islamic World: KazanForum”, was met by Prime Minister of the republic Aleksey Pesoshin and other officials at the Kazan International Airport.
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