NEWS

Minister of Industry and Trade of Tatarstan Albert Karimov had a meeting with Consul General of Turkey in Kazan İsmet Erikan. The meeting was also attended by Commercial Attaché of the Turkish Consulate General İsmet Özkan.

Welcoming the guests, the Minister noted the successful development of relations between Tatarstan and Turkey. In 2018, foreign trade turnover amounted to more than US$ 300 million, which is an increase of 4% compared to the previous year.

According to the Consul General, “Tatarstan has a separate place in Turkey’s foreign economic relations. Our companies are satisfied with their work and stay in Tatarstan”. He said that Turkish companies that opened their production facilities in Tatarstan had long-term plans for investing in the republic. İsmet Erikan also spoke about other promising areas of cooperation between Tatarstan and Turkey: “We have preferential investment areas: first of all, petrochemicals. However, trade and economic relations between Tatarstan and Turkey should be bilateral, so we invite Tatarstan companies to implement their investment projects in Turkey”.

Minister Karimov said that the bilateral nature of cooperation is a priority for the republic: “In Tatarstan, the International Cooperation and Exports national project is currently underway, which, in particular, provides support for investment projects being implemented abroad”.

Three new projects were added to the investment catalogue of Nizhnekamsk. The business initiatives were discussed within the framework of the 11th Investment Council held with the participation of Nizhnekamsk Mayor Aydar Metshin.

The first project is related to the production of equipment for the construction of industrial enterprises and their overhaul (Iron Industry Company). This is the production of pipe assemblies, and the manufacture of supporting metalworks for overpasses, buildings, and structures.

The second project was presented by an enterprise manufacturing electric appliances for ventilation and smoke exhaust systems (KEMA). Such products will saturate the domestic market with quality goods for the needs of local consumers.

The last project deals with the environmental component: production of packaging from post-consumer waste to replace plastic containers (Aquatar). In the first instance, the company intends to supply its products to egg producers.

As of now, the investment catalogue of the Nizhnekamsk PSEDA features 55 facilities of various kinds with a total investment of RUB 43 billion and 7,500 new jobs. All projects are accompanied and supported by municipal structures.

Based on information by Nizhnekamsk Municipality Council press service

The leading global manufacturer in the woodworking industry – the Turkey-headquartered Kastamonu – celebrates its fifth anniversary in Russia. Since its plant was established in Tatarstan, the company invested US$ 771.8 million in the region.

The Kastamonu plant for the production of MDF, HDF, and laminated flooring opened in Yelabuga in 2014. Over five years, the plant’s production capacity has reached 1.05 million cubic metres of MDF boards and 35 million square metres of laminate per year. The company is a leader in the Russia’s market of flooring in the laminate segment with a share of 20%. Owing to the opened plant, 930 jobs were created directly in the plant, as well as 2,500 jobs in related areas and service industries such as logging, transport, and furniture.

Over the past five years, the company has significantly expanded its product line. The number of decors for laminate flooring increased from 45 in 2014 to 200 in 2019, and the number of decors for Evogloss MDF panels, which were launched in 2015, increased from 34 to 73. In addition, a new collection of Acrylic MDF panels appeared, which is currently represented by 14 decors.

Based on information by Kastamonu press service (AGT Communications Group)

Today, the Ministry of Industry and Trade of Tatarstan hosted a working meeting with the Mechanical Engineering Cluster of Tatarstan, chaired by Deputy Minister Almaz Khusainov.

Cluster representatives told experts of the Ministry of Industry and Trade of Tatarstan about their projects aimed at expanding the geography of supplies, establishing contacts, and promoting their products.

In particular, the KOM Group from Naberezhnye Chelny presented their project of all-terrain vehicles. These vehicles are made of domestic components and are assembled in Naberezhnye Chelny. The company is interested in promoting products on the European market.

OOO KORA is engaged in the production of articles from composite materials on a robotic complex.

Project Manager of Korib Group Vladislav Svidetelev thanked the officials of the Tatarstan Ministry of Industry and Trade for their assistance in establishing contacts with regional and foreign partners, as well as for the invitation to attend the First Caspian Economic Forum in Turkmenistan.

Projects were also presented by the Engineering Club of the Mechanical Engineering Cluster of Tatarstan and Energoprogress Engineering Centre.

Today, the Tatarstan Ministry of Industry and Trade hosted the discussion on the creation of the International Medical Cluster of Tatarstan.

Within the framework of this topic, Minister Karimov and Deputy Minister Savelchev, jointly with State Duma Deputy Ayrat Farrakhov, discussed the issues of the draft Federal Law “On Amendments to the Federal Law No. 160-FZ dated June 29, 2015 “On International Medical Cluster and Amendments to Certain Legislative Acts”.

This project delimits the scope of the city of Moscow and the Moskovskaya Oblast to interact exclusively with residents from OECD countries, and Tatarstan, with residents from the BRICS and SCO countries.

Further on, Albert Karimov also held a meeting with representatives of PharmMedPolis and the ATEM Capital investment fund. The parties discussed issues of bringing residents to the medical industrial park and attracting foreign investment in the medical cluster of Tatarstan.

The creation of the International Medical Cluster on the territory of Tatarstan would expand the availability of effective methods for treating patients by means of traditional medicine, organise the transfer of the best medical practices, localise the production of natural preparations, and would also contribute to the development of medical tourism in Russia and Tatarstan.

Today, the delegation from the Republic of Turkey arrived in the Ministry of Industry and Trade of Tatarstan with a working visit. Members of the delegation include an independent investor Aydın Rıfat Kocabaş, as well as representatives of the SA-RA Group, an industrial group that manufactures power transmission line supports, steel structures for transformer centres, car railings, polygonal supports, and much more.

The working meeting with the Turkish delegation was chaired by Deputy Minister of Industry and Trade of Tatarstan German Lerner. Greeting the guests with a welcoming speech, he noted the interest in expanding mutually beneficial relations between Tatarstan and Turkey, as well as the prospects for increasing mutual trade turnover.

At the meeting, the trade and industrial potential of Tatarstan was presented, after which the parties were able to discuss promising areas for further development of cooperation.

The 2018 foreign trade turnover of Tatarstan with Turkey amounted to about US$ 314 million, which is 4% more than in 2017.

Today, the Ministry of Industry and Trade of Tatarstan held a regular meeting of the working group on organising and coordinating the development of the gas fuel market in Tatarstan and on the conversion of vehicles and agricultural machinery to run on the liquefied natural gas (LNG). The meeting was chaired by Deputy Minister of Industry and Trade of Tatarstan Aleksey Savelchev and attended by representatives of republic’s ministries and agencies, Technopolis Himgrad, Gazprom Transgaz Kazan, KAMAZ, RariTEK, Tatarstan Grid Company, and others.

The participants to the meeting discussed organisational issues of the project “Construction of a Natural Gas Liquefaction Facility and a Network of Cryogenic Filling Stations in Tatarstan”, such as the selection of a construction site, as well as providing it with electricity, gas, and water.

The construction of a natural gas liquefaction facility would ensure reliable supplies of LNG for use as motor fuel in road transport.

An agreement regulating the implementation of this project in more detail is expected to be signed within the St. Petersburg International Economic Forum 2019, which takes place on June 6 to June 8 this year in St. Petersburg.