NEWS

One of Europe’s largest investment banks Credit Suisse could offer a scope of financial services to companies in Tatarstan. The statement was made at a meeting between bank officials and Tatarstan President Rustam Minnikhanov.The meeting took place at the Kazan Kremlin and was attended by the Credit Suisse Chief Executive in Europe, Middle East and Africa Fawzi Kyriakos-Saad, Credit Suisse Managing Director in Kazakhstan Antanas Petrosius and Credit Suisse Russia Vice-President Max Kushner. Tatarstan was at the meeting represented by the Energy Minister Ilshat Fardiev, Economy Minister Midkhat Shagiakhmetov, TAIF General Director Albert Shigabutdinov, Ak Bars Bank Board Chairman Robert Musin and Svyazinvestneftekhim General Director Valery Sorokin.Fawzi Kyriakos-Saad said Credit Suisse specialised in investment banking, private banking and asset management. The company’s personnel are over 49 thousand.

RT President R.N.Minnikhanov signed the Law of the Republic of Tatarstan “On fixing the rate of living wage of a pensioner in the Republic of Tatarstan for 2011 to define the size of federal social extra payment to pension”. The size of living wage of a pensioner in the Republic of Tatarstan for 2011 has been fixed in the amount of 3992 roubles. Text of the Law will be officially published in mass media.

RT President Rustam Minnikhanov has met with Ambassador Extraordinary and Plenipotentiary of People’s Democratic Republic of Algeria to RF Smile Shergi. The meeting was held in RT Cabinet. “Lately we have put much emphasis on Islamic world. We have good relations with countries and international organizations of Islamic world”, - Rustam Minnikhanov noted. By his words, visit of Algerian Ambassador to Tatarstan will facilitate strengthening of two-sided cooperation.

Audit of forming tariffs for housing and communal services is to be conducted in every municipal region of Tatarstan. This was announced today by acting prime minister of republic Ravil Muratov at the meeting in RT Cabinet. Results of first revisions have been summed up at the meeting. Ravil Muratov put much emphasis on creating competitive environment in the sphere of management for housing fund. At the same time, acting prime minister supposes that in case of increasing the number of managing companies costs will go up.

November, 13. Russia, Japan and China signed trilateral agreement on constructing plant for producing fertilizers in Mendeleevsk in presence of RF President Dmitry Medvedev and RT President Rustam Minnikhanov in Yokohama. Total cost of the project makes 1 bln. dollars.The contract signed between Tatarstan company “Ammony” and consortium of companies Mitsubishi Heavy Industries, Ltd (MHI) (Japan), Sojitz Corporation Ltd (Japan), China National Chemical Engineering Group Corp (China) includes all stages of construction process (design, deliveries, construction).According to information at official site of Sojitz company, such a full course is rather unusual for project on the territory of Russia.

November 12, Tatarstan President Rustam Minnikhanov is on a visit to Yokohama, Japan together with the Russian delegation in the framework of Russian President Dmitry Medvedev’s participation in the APEC summit.Asia-Pacific Economic Cooperation, or APEC, was established in 1989 to further enhance economic growth and prosperity for the region and to strengthen the Asia-Pacific community.APEC is the only inter governmental grouping in the world operating on the basis of non-binding commitments, open dialogue and equal respect for the views of all participants. Unlike the WTO or other multilateral trade bodies, APEC has no treaty obligations required of its participants. Decisions made within APEC are reached by consensus and commitments are undertaken on a voluntary basis.

By the end of 2010 502 000 m² of housing should be commissioned in Tatarstan for realization of yearly plan. Such data have been given today at the meeting in RT Cabinet held by RT first vice-premier Ravil Muratov.First deputy minister of construction, architecture and housing Rauzil Khaziev informed that the whole volume of housing to be constructed in 2010 is the share of social mortgage program. More than 270 000 m² are to be commissioned in Kazan. By words of Rauzil Khaziev housing construction in Kazan is being implemented according to fixed schedule. Financing is being realized by submitted applications and presented documents.

A meeting on realizing the project of 4th heat source in Kazan has been held today with participation of RT President Rustam Minnikhanov. Heads of republican ministries and departments, Kazan mayor’s office and officials of the companies that are taking part in project implementation attended the meeting. Among them were M+W Group, Bertsch, Siemens Energy, PB Berlin Projekte GMBH, Hitachi Power Europe GmbH и FORTUM. The project was presented by M+W Group, general contractor of future heat station. It implies two gas turbines of Siemens production with capacity of 47 MW and two boiler-utilizers.

On November 10, President of Finland Tarja Halonen accompanied by President of Tatarstan Rustam Minnikhanov visited IT Park in Kazan. Deputy Prime Minister - Minister of Information and Communications of Tatarstan Nikolay Nikiforov acquainted Her Excellency with achievements of the republic in the field of IT technologies.In the IT Park, the President of Finland visited the Centre for Information Technologies of the Republic of Tatarstan. Nikolay Nikiforov described the GLONASS+112 project being implemented in the republic and acquainted the head of Finland with the work of the Regional Centre for Space Services and the Call Centre.