Board session of OAO “Tatneft” held in Almetievsk

On February 26 Tatarstan President Rustam Minnikhanov held a Board session of OAO “Tatneft” on results of budget performance in January, approval of March budget, and work of the Department of internal audit in Almetievsk (Tatarstan).

Experts of the Department of internal audit carried out 11 planned audit inspections of financial and economic activity, and took part in implementation of nonscheduled projects, such as development of material and technical support strategy, and analysis of hotline activity.

Moreover, realisation of the third stage of resource saving programme, the strategy of product portfolio and sales of company’s tyre products were discussed at the session.

The strategy of product portfolio is aimed at creation of new brands, price re-launch of current brands, and improvement of the current marketing and sales structure.

Members of the Board also discussed holding of annual shareholders’ meeting by results of work in 2013.