Albert Karimov joined Kazanorgsintez Board of Directors

7 April 2017, Friday

Today, on 7 April 2017, the annual General Meeting of Kazanorgsintez shareholders was held on the results of the company’s performance in 2016. It was attended by Tatarstan President Rustam Minnikhanov, as well as representatives of the ministries and agencies of the Republic of Tatarstan.

The main report on the results of activities in 2016 was delivered by Farid Minigulov, Director General of Kazanorgsintez. He, in particular, noted that the company achieved good financial performance in the past year. In the reporting year, goods were produced in the total amount of RUB 75.2 billion, which is higher by RUB 6.4 billion (or by 9.4%) than the figure of 2015. The index of physical volume was 104.1%. The net profit of Kazanorgsintez in 2016 amounted to RUB 18.17 billion.

Also on this day, a new company’s Board of Directors was elected that comprises Deputy Prime Minister and Minister of Industry and Trade of Tatarstan Albert Karimov. At the suggestion of the Tatarstan President, Ruslan Shigabutdinov was elected Chairman of the Board of Directors.

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