Nail Maganov, General Director of PJSC TATEFT, took part in the ceremony of the President inauguration of the Republic of Tatarstan.

The inauguration ceremony of Rustam Minnikhanov as President of the Republic of Tatarstan took place on the stage of the large concert hall named after Salikh Saidashev in Kazan.

The ceremony was attended by Mikhail Babich, plenipotentiary representative of the Russian President in the Volga Federal District, deputies and members of the Government of the Republic of Tatarstan, heads of ministries and departments, enterprises, representatives of federal authorities, public organizations, heads of subjects of the Russian Federation, as well as representatives of foreign countries. In total, there were over 700 persons who attended the inauguration ceremony.

Laying his hand on the Constitution Rustam Minnikhanov, pronounced the oath text: 'I swear to faithfully serve the people of the Republic of Tatarstan, ensure the rights and freedoms of the citizens of the Republic of Tatarstan, observe the Constitution of the Russian Federation, the Constitution of the Republic of Tatarstan and laws of the Republic of Tatarstan, conscientiously execute my highly entrusted duties of President of the Republic of Tatarstan'.

Joining the congratulations of Rustam Minnikhanov, General Director of PJSC TATNEFT emphasized that results of the previous vote had clearly shown the level of the public confidence in its President. The stability and interethnic accord in the society, improvement of the living standards had been largely made possible by the balanced policy of the Republic of Tatarstan leadership.

According to Nail Maganov Rustam Minnikhanov not only maintained the basic potential generated by Mintimer Shaimiev, first President of the Republic of Tatarstan, but he was able to multiply it, relying on the best national and international practices.

The Joint Stock Company's General Director expressed special thanks for many years of Rustam Minnikhanov's work, as Chairman the Board of Directors of TATNEFT. The Company is steadily increasing the volumes of traditional and high-viscosity oil production today, developing petrochemicals production, increasing the processing capacity of hydrocarbon feedstock at the TANECO Complex yielding highly refined products.

The General Director of PJSC TATNEFT pointed out that the Company counted on innovations, new technologies, science and technology achievements, and was developing in line with the strategy of the Republic, based on the economy diversification, attraction of investments, infrastructure projects, increasing the profitability of existing production facilities and creation of new competitive ones and development of human capital as well.

Concluding his speech, Nail Maganov expressed confidence that the positive changes taking place in the Republic will be continued and the achievements would be enriched.

distributed by