NEWS


27
May 2013
Monday
On May 27 at a meeting with heads of small oil companies chaired by Tatarstan President Rustam Minnikhanov results of work for the 1st quarter of 2013 and prospects of further development were considered. 

Opening the meeting, Rustam Minnikhanov noted that slackening in the rate of economic growth and Russia’s joining the WTO undermined country’s economy. In particular, decline in demand for oil and chemical produce had a negative impact on oil industry. Therefore, Tatarstan budget revenues considerably reduced in the first quarter of 2013. 

Rustam Minnikhanov continued that notwithstanding such situation some of Tatarstan oil companies were able to mobilize inner resources and achieved good results. However, we worry about negative results of certain small oil companies, he said. 

According to Director General of ZAO “Nefteconsortium” Fanis Valiev, small oil companies produced 1639 thousand tons of oil that exceeds planned rates by 3 per cent. At the same time, fall in global oil prices in rise in Mineral Extraction Tax had a negative impact on financial and economic indexes of oil companies and resulted in considerable decline in profits. 
On May 27 at a Board session of OAO “Tatneft” chaired by Tatarstan President Rustam Minnikhanov results of budget execution and company’s financial activity for the 1st quarter of the current year have been considered, and June budget has been approved. 
Thus, 6, 42 mln tons of oil have been produced at Tatneft oilfields. 
Participants of the session discussed oil production plans and geo-technical measures for 2014-2015. Currently, the company carries out development of 84 oilfields. According to “Miller & Lenz” estimates, for 2012 oil reserves make 869,2 mln tons. 
Results of revision of Tatneft financial and economic activity conducted by ZAO “Energy Consulting/Audit” for 2012 and annual report were presented to members of the Board. 

The financial system of the Republic of Tatarstan dates back to 1920.

According to the Decree of the All-Russian Central Executive Committee "On the Tatar Autonomous Soviet Socialist Republic" to manage the affairs of the Autonomous Republic, 10 national commissioners were approved on May 27, 1920. The decision to establish the Commissioner of Finance of the Republic (Tatnarkomfin) was adopted on the same day, which was due to the paramount importance of money, finance and other cost categories in the national economy of the young republic.


25
May 2013
Saturday

Today in Kazan Kremlin finished motocross "From the Kremlin to the Kremlin. Preserving the world's historical and cultural heritage of UNESCO. " Bikers were greeted by President of Tatarstan Rustam Minnikhanov and Minister of Finance of the Russian Federation Anton Siluanov at the finish line.

Motocross from Moscow to Kazan was organized by BMW. Taking the start of May 23, 2013 at the walls of the Moscow Kremlin, it covered the cities of the Golden Ring of Russia: Vladimir and Nizhny Novgorod, as well as the pearl of the Volga region - the city of Cheboksary and Kazan. The participants were journalists known motocross magazin, as well as customers of BMW, many of them take part in a rally the second year in a row. A total of 97 persons started the run.

Last year run was held on the territory of Ukraine, the main site of action was Odessa. This year, in anticipation of the Universiade rally route has been traced to Kazan.

Start of the run, held in the form of a fascinating quest, preceded by a parade of motorcycles through the main streets of Moscow. Throughout the rally participants called at various historical sites in Tatarstan such a place was chosen island Svijazhsk.

To welcome the rally participantsTatarstan President Rustam Minnikhanov and Finance Minister Anton Siluanov arrived on BMW motorcycles from Sviyazhsk.

A solemn event “Izge Bolgar zhieny” (translated from Tatar as “The meeting in holy Bolgar”) dated to 1124th anniversary of official adoption of Islam in Volga Bulgaria was held in Bolgar (the Republic of Tatarstan) on May 25. 

Thousands of people including participants of 4th Forum of Tatar Muslim figures, chairmen of Muslim spiritual departments took part in the event. 

Honoured guests were Tatarstan President Rustam Minnikhanov, State Counselor Mintimer Shaimiev, first Vice-Premier Ravil Muratov, Deputy Chairman of State Council Rimma Ratnikova, Chairman of the Central Muslim Spiritual Directorate Talgat Tadzhuddin, Chairman of the Russian Muftis Council Ravil hazrat Gainutdin, and Chairman of Tatarstan Muslim Spiritual Department Kamil hazrat Samigullin. 

24
May 2013
Friday
On May 24 at a meeting of Tatarstan President Rustam Minnikhanov with Director General of a Singapore company Radiance Hospitality Group Yew Poh Leong company’s plans on opening the University of Hotel Management and Hospitality on the territory of “Smart City Kazan” were discussed. 

The investment intention about participation of Radiance Hospitality Group in “Smart City Kazan” project was signed in March 2013 during the visit of Tatarstan delegation to Malaysia. Radiance Hospitality Group, the first resident of “Smart City Kazan”, will invest in construction of a transit hotel for 140 places, an apartment hotel and the University of Hotel Management and Hospitality.

Company’s Director General Yew Poh Leong has already held some meetings and negotiations concerning project implementation. He noted that company’s specialists saw that training of professionals in hotel business is necessary for Tatarstan. Therefore, they decided to open the university. 

23
May 2013
Thursday
Prime Minister of the Republic of Tatarstan Ildar Khalikov chaired a meeting of the Board of Directors of JSC "Setevaya kompaniya" today at the Cabinet of Ministers of the Republic of Tatarstan. Annual report  of JSC "Setevaya kompaniya" for 2012 was reviewed and pre-approved at the meeting. The Company's auditor for the 2013 financial year candidacy was also approved. A decision of the Annual General Meeting of Shareholders of JSC "Setevaya kompaniya" on 27 June 2013, as well as decisions on procedural matters related to the calling and holding of the annual general meeting of shareholders were made.
On May 22 upon his arrival in Ufa for participation in the forum “Big chemistry” Tatarstan President Rustam Minnikhanov was met by Bashkortostan Vice-Premier Dmitry Sharonov and Permanent Representative of Tatarstan in Bashkortostan Albert Maksyutov. 

Just upon arrival Rustam Minnikhanov went to the Central Spiritual Muslim Board of Russia. The excursion around the historical residence of the Board since 1863 was organised for Rustam Minnikhanov. 

The map of the Islamic world and the project of the Islamic Academy made of crystal ware were presented to Rustam Minnikhanov in the central hall.

On May 23 Rustam Minnikhanov will take part in opening of 3d International forum “Big chemistry” and a meeting chaired by Plenipotentiary of the Russian President in Volga Federal District Mikhail Babich "Volga gas and petrochemical cluster - the engine of VFD growth". 
Finance Ministry sees no obstacles to the transfer of functions to administer insurance contributions from extra-budgetary funds to the Federal Tax Service, Finance Minister Anton Siluanov.

Increasing excise taxes on gasoline in Russia over the next three years will not lead to an increase in wholesale prices - the Minister of Finance Anton Siluanov.

"We in the government have decided that we will raise the excise tax rates by low rates, smoother, less severe impact on the price of gasoline would be. We believe that it will take without the price increase," - said Siluanov, introducing draft guidelines of the tax policy of the Russian Federation for 2014 -2016 years at a meeting of an open government.


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