Azat Hamayev took part at the regular meeting of the Board of directors of PJSC «Tatneft»

The regular meeting of the Board of directors of PJSC «Tatneft» under the chairmanship of the President of the Republic of Tatarstan Rustam Minnikhanov took place in Kazan yesterday.

Results of budget implementation of the company in eight months of 2017 and budgets for October and for the fourth quarter of the current year were considered at the meeting.

The board of directors heard information on totals of financial and economic activities and perspectives of development of the enterprises of the petrochemical unit.

According to the Strategy of development of tyre business, implementation of tyre shall reach the level of 16,2 million pieces a year by 2025, and EBITDA index relatively 2015 shall reach fivefold increase– to 14,5 billion rubles. The main actions for the solution of goals are: implementation of the long-term program of development of the range of the tyre "Viatti" and CMK, extension of material and technical resources of scientific and technological center «Kama», optimization of productions, import substitution, development of a distribution system, extension of a network of retail trade and service centers of "Tyre&Service".

During the meeting information on the strategy of innovative (technological) development of the company is discussed The system of creation of intellectual values is built. in PJSC «Tatneft» – beginning from origin of the idea and finishing it with implementation in production, obtaining security documents and commercialization. Now debugging and increase in system of effectiveness of control of innovative activities, filling of a briefcase of innovative technologies, continues.

Some other questions of activities of PJSC «Tatneft» was also considered on the Board of directors.

Forward-looking statements: the real materials contain certain announcements concerning future events and waitings which are forecasts for the nature. Any announcement in these materials which is not a historic fact is the forward-looking statement and includes the known and unknown risks, uncertainties and other factors which can change the real results, fulfillments and achievements explained in such forecasts. PJSC «Tatneft» does not assume any obligations to update such forecasts for reflection of real results, changes in the assumptions or changes in the factors influencing these announcements.