Rustam Minnikhanov: Results of work of OAO “Kazanorgsintez” in 2014 raise our hopes

On April 29, at an annual shareholders meeting of OAO “Kazanorgsintez”, Acting Tatarstan President Rustam Minnikhanov said that results of company’s work in 2014 raise our hopes. He noted that earning of the enterprise in 2014 made 54 billion roubles.

Speaking about provision of Kazanorgsintez with raw products, Rustam Minnikhanov said that problems occurred because of the increase in production output. One way to solve the problem is to increase ethane production by Tatneft Oil Company. Also, the contract for 10 years is being prepared for Gasprom.
“Gasprom is our strategic partner. They fulfill all undertaken commitments,” Minnikhanov said.

Director General of OAO “Kazanorgsintez” Farid Minigulov said that net profit of the company made 6.1 billion roubles. Revenues increased by 18 per cent.