Taif Holding: the main one in Tatarstan, noticeable in Russian analytics. "TAIF" is the largest industrial and investment company of Tatarstan Group of companies TAIF composition of enterprises
— Tell us about your most significant projects.
— Kazanorgsintez (KOS) is completing the first stage of modernization and is starting the second stage, which will increase sales of commercial products to 120 billion rubles. in year. This will require $3.5 billion, another $5 billion is planned to be invested in Nizhnekamskneftekhim (NKNK), which will allow it to increase the output of marketable products to 160 billion rubles. per year (55 billion rubles in 2007 - Vedomosti), TAIF-NK is working to increase the depth of oil refining to 99%. The cost of the TAIF-NK program is estimated at $2.5 billion. In the field of petrochemicals and oil refining, by 2015 we should reach more than 420 billion rubles. commercial products per year.
In the social sphere, we plan to invest $500 million in the construction of a cultural and recreational complex near Kazan on the banks of the Volga. The project provides for the possibility of holding various world-class conferences in the new complex.
There is also a project to create a modern town with new houses, private schools and sports facilities in the KOS area.
- For what? After all, the WWTP is located within the city.
— The KOS development program involves high-tech production. It should employ highly paid employees who need to be provided with comfortable living and social conditions. Now there is not enough housing. Gazprom and AFK Sistema are expected to participate in this project. The fact is that development for Sistema is one of its core areas, and Gazprom has many enterprises in the North, and a significant number of employees retire before they reach the age of 50. It costs a lot more to build houses there, so it would be more profitable for Gazprom to move them here. The project is under development. The total investment in projects for the development of social infrastructure and industrial logistics is estimated at $2 billion.
— How does TAIF intend to develop other business segments?
— Another project is the development of the TNV television company. The President [Mintimer Shaimiev] set the task of making it a federal-scale television company. TNV will operate 24 hours a day and can be watched on satellite television all over the world. Part of the broadcast is in the Tatar language, and already there are a lot of people who want to watch it. I myself was surprised when I found out how many people understood Tatar.
— Is this a profitable project?
— Investments in this project are estimated at $300 million. Now TNV is not a loss-making project, but its content is fully used by government services for mass communications. You can't expect much profit in this format. But if you increase the volume of broadcasting, advertising and create your own licensed films, then income will increase.
— You chose an additional issue of its shares as one of the ways to finance the investment program of NKNK, but it was blocked by the Federal Service for Financial Markets (FSFM). Have you managed to lift this ban yet?
— NKNKH has been suing over this issue for the second year. In my opinion, the legislation in this area is interpreted very ambiguously. Initially, the FFMS protest was caused by the fact that we intended to place new KOS shares among shareholders at market prices. The service did not register the additional issue, saying that we want to dilute the shares of minority shareholders. When we decided to issue NKNK at par, the Federal Financial Markets Service blocked this decision as well. We need clarity on this issue. Without solving it, it is impossible to develop a strategic development program on a global scale in a timely manner, especially at an accelerated pace. Our experts believe that both options are legal.
We rush through the empty streets of Saturday Kazan like the wind. A shiny black Mercedes S-Class dashes through turns, the traffic cops just turn around: the registration numbers of the limousine command respect from them. Rocking on the back sofa made of beige leather and looking at the houses flying past through dully tinted windows, I remember a Soviet joke: “I don’t know who’s in the car, but Brezhnev himself is driving it!” In this case, the driver is one of the richest residents of Tatarstan, the head and co-owner of the TAIF group, the largest private company in the republic, Albert Shigabutdinov. The customs in Kazan are complex, and it’s difficult for a stranger to figure it out at first: on the one hand, a co-owner of a company valued at billions of dollars can’t live without a black Mercedes, on the other hand, it is considered right to behave as modestly as possible, so on weekends Shigabutdinov lets the driver go and gets behind the wheel myself.
Is private business in Russia withering away under state pressure? It depends on how private it is. Meet the TAIF Group, with annual revenue of 292 billion rubles, occupying second place in the ranking of the largest non-public companies in Russia according to Forbes. The group is one of the pillars of the economy of Tatarstan. It includes two giant chemical plants, the only oil refinery in the republic, a network of gas stations, commercial real estate in Kazan, and several television channels. TAIF accounts for every fifth ruble of Tatarstan’s GRP. The turnover of its enterprises has doubled over the past three years. And here’s one more detail: one of the largest shareholders and a member of the board of directors of TAIF is Radik Shaimiev, the son of the President of Tatarstan.
According to the official version, the TAIF investment company was created on the basis of the Kazan foreign trade association, established by the city executive committee of the capital of the Tatar Autonomous Soviet Socialist Republic in 1990. There was a time of total shortage, and the Union authorities allowed the leadership of cities with a population of over a million to switch to partial self-sufficiency in consumer goods, creating authorized foreign trade structures. The first transactions of the Kazan association were not striking in scale: forty containers of cigarettes, 15,000 tons of sugar, 14 containers of children's clothing from China, recalls Albert Shigabutdinov.
Shigabutdinov made a quick career as a supplier back in the USSR. Having gained organizational skills in the construction teams of the Kazan Aviation Institute and having worked at the department, he left for the position of deputy director for supply and construction of one of the state farms: he had to feed the family that had already appeared. After a couple of years, I had to change jobs - during an inspection, a shortage of 36,000 rubles was revealed. “The money issued for workwear had to be spent on vodka for machine operators,” explains the head of TAIF. The shortfall was covered, but he quit. At the next place, in Kazan Raipishchetorg, an unpleasant story also happened with a shortage. Shigabutdinov changed jobs again. Perestroika found him in the position of deputy director for supplies of the republican division of the USSR Ministry of Fisheries.
“Albert is a clever country guy, in the late 1980s he was quite famous: he could get anything - from “boiled” jeans to paint,” says Irek Murtazin, press secretary of Tatarstan President Mintimer Shaimiev in 1999–2002. In Kazan, Shigabutdinov was able to truly develop his skills. In addition to food and cigarettes, he began importing office equipment, computers, and furniture. And the really big deals began when Shigabutdinov’s structure was integrated into barter chains between the largest enterprises of Tatarstan - KamAZ, Nizhnekamskshina and Tatneft.
This is how many people did business in the early 1990s. However, special rules were in effect on the territory of Tatarstan, which adopted the Declaration of Sovereignty. The agreement on the division of powers between Russia and Tatarstan gave almost all industry into the ownership of the republic (with the exception of the military-industrial complex and some objects of natural monopolies). The oil company Tatneft, the energy company Tatenergo, chemical enterprises - all these giants that formed the backbone of the republican economy were at the disposal of the local authorities. “And it acted simultaneously as a legal entity that directly owns key enterprises, and as a ruling clan that privatized the economy in its own interests,” says Rostislav Turovsky, director of the regional studies department of the Center for Political Technologies, political scientist.
“Privatization began in 1994. We (the team that worked in the Kazan association - Forbes) by that time had authority in the republic. We were asked to help,” recalls Shigabutdinov. On April 11, 1995, the government of Tatarstan created the investment company Tatar-American Investments and Finance (TAIF), which was tasked with preparing the privatization of the republic’s largest enterprises. “Tatar-American” - because the New York company NKS Trading contributed $10 million to the authorized capital of TAIF. Behind it, according to Shigabutdinov, were Kazan’s trading partners from among Soviet emigrants. A small part of TAIF shares was given to the managers of Kazan, 36% was received by NKS Trading, and the government of Tatarstan took the controlling stake. In return, it transferred to the new structure for management small (5-10%) stakes in key republican enterprises - Tatneft, Kazanorgsintez, Nizhnekamskshina, Nizhnekamskneftekhim, etc.
The newly created structure began to earn money in several directions at once. The TAIF-invest company, part of the group, received a brokerage license and began operations on stock exchanges, at the same time the group established the first registrar company and depository in the republic. “We needed to promote the shares of our enterprises so that they would become liquid,” explains Shigabutdinov. TAIF continued to act as an intermediary in the processing and export of products of republican enterprises, and organized commodity loans for the village. Profits from transactions on the stock market and trading operations were invested in large investment projects in the republic - in particular, in the creation of a local cellular operator. By 1998, TAIF had its own corporate network of the AMPS standard with 5,000 numbers - some of them were sold to third-party subscribers who paid $5 per minute of conversation that seems unthinkable today. This brought serious income, and by 2000, having invested about $80 million, TAIF created a nationwide cellular communication network. In 2003, after the investments paid off, TAIF-Telcom was sold to MTS for $120 million.
True, at the time of this transaction, the controlling stake in the mobile operator TAIF PSC no longer belonged. The owner of 51% of the shares of TAIF-Telcom was NIRA-Export LLC. Nothing connected this company with TAIF, but it is connected with the leadership of Tatarstan in the most direct way: among its co-owners are the sons of the President of Tatarstan Radik and Airat Shaimiev.
“Smart, reasonable, tough. Not a head, but a computer,” says Irek Murtazin about Radik Shaimiev. Now Murtazin is in disgrace, and until 2003, as the press secretary of the President of Tatarstan, he was privy to all the secrets of the local elite. Thrown from the republican Olympus with a scandal, Murtazin immediately began to furiously denounce the existing order in the republic. The conflict between yesterday's apparatchik and the all-powerful head of Tatarstan reached its peak a year ago, when Murtazin announced Shaimiev's death on his blog. The President of the Republic filed a libel suit against his former press secretary, and later added “incitement of social hatred.” You can't expect Murtazin to treat the president's family well, but he talks about Radik with some respect. For example, he says that at the age of 18 he himself came to the military registration and enlistment office to be drafted, although his father, then the first deputy chairman of the Council of Ministers of the Tatar Autonomous Soviet Socialist Republic, would have easily provided him with an exemption from military service. Having served in the special forces, Radik and now, at 44 years old, have a good command of hand-to-hand combat techniques, plus he and his brother were involved in motorsports at a professional level. In 2003, Radik Shaimiev’s crew won the European Autocross Championship, and on one of the tracks in the Czech Republic there is a loop called the “Shaimievs’ turn” - both brothers “turned over” there in different years.
Sports hobbies did not prevent the son of the president of the republic from having a reputation as a serious businessman in Kazan by the time TAIF was created, says Murtazin. He worked as the general director of NIRA-export. Many in the republic believe that the “ra” in the name of this company is “Radik”, and the “ni” is “Nikola”, the son of the Austrian businessman Stanislav Koprivitsa, a friend of Mintimer Shaimiev. Since 1992, NIRA has exported oil and petroleum products from Tatarstan - up to 2 million tons per year; in the prices of those years, this volume can be estimated at approximately $300–400 million.
Only in 2006, in the TAIF investment memorandum, the brothers Airat and Radik Shaimiev were named not only as managers, but also as co-owners of NIRA-export LLC. This company then owned about 19% of TAIF PSC, and Radik Shaimiev owned another 5% of TAIF directly. Now, according to TAIF's audited reporting, Radik Shaimiev controls 11.5% of the group's shares.
The “mystery of birth” of TAIF has not been revealed in official documents. Who was behind the American NKS Trading, which acted as a partner of the Tatarstan government in creating TAIF? Shigabutdinov insists: entrepreneurs from the USA, whose shares were later bought out by the current shareholders of TAIF. “I have repeatedly heard the version that NKS Trading was founded by Radik Mintimerovich and “invested” oil money pumped through NIRA-export into TAIF,” Murtazin objects. Radik Shaimiev refused to answer questions from Forbes. It is only known that from the date of official registration of TAIF in 1996 to the present day, Radik Shaimiev has been listed as its chief adviser to the general director, and in the late 1990s he headed the board of directors.
It is now reliably known that TAIF is connected with the presidential family, but 10 years ago there were only rumors about it. TAIF gave every reason for rumors. In 1996, the group undertook to build the largest entertainment center in the city, “Pyramid,” opposite the Kazan Kremlin. The authorities of the republic supported the initiative. The construction was financed as follows: TAIF was allowed to export 1 million tons of oil from the republic (half for export, half to other constituent entities of the Federation). Oil was shipped by Tatneft at a fixed price. At the same time, oil workers received bills of exchange, not real money. TAIF was exempt from all taxes in the part that goes to the regional budget. Construction was carried out using the generated income. When Pyramid was put into operation in 2002, Shigabutdinov said that investments in the project amounted to $40 million. The construction of Pyramid using money from the export of republican oil coincided with big changes in the fate of TAIF. If in the 1990s the controlling stake in the group was owned by the republic, then by 2002 it completely came under the control of private owners.
“Vladimir Putin comes to power, a power vertical is created, and [the authorities of Tatarstan] have to adapt to new conditions,” Rostislav Turovsky from the Center for Political Technologies explains the logic of events. In 2001, Mintimer Shaimiev won his third presidential election. Within a year after the elections, the Ministry of Land and Property Relations of Tatarstan was replaced in the register of TAIF shareholders by three companies controlled by the Shaimiev, Shigabutdinov and Sulteev families (Chairman of the Board of Directors of TAIF Rustem Sulteev has been working with Albert Shigabutdinov since the days of Kazan). The company does not disclose what the transaction amount was and what assets TAIF owned at the time of its privatization. Albert Shigabutdinov only says that the company's financial position after the 1998 crisis was precarious. The fact is that one of TAIF’s largest projects in the 1990s was participation in the construction of an oil refinery in Neftekamsk. While implementing its part of the project, TAIF got into debt. The total amount of debt exceeded $500 million, the company was actually bankrupt. Then the government of the republic decided to withdraw from the shareholders. This is all that Albert Shigabutdinov tells about the circumstances of the privatization of TAIF.
Having transformed from a state company to a private one, TAIF did not slow down the rate of asset expansion. The next acquisition was the Nizhnekamsk oil refinery. Back in 1997, the republican authorities decided to reconstruct this enterprise so that it could produce high-octane gasoline. A complex scheme was built: the plant transferred equipment to TAIF that was subject to modernization, TAIF received oil from Tatneft, processed it on rented equipment into straight-run gasoline and sold it to the plant itself. It was assumed that reconstruction would be carried out with the proceeds. The reconstruction actually took place, but at the same time the plant was heavily in debt to TAIF. A series of proceedings followed in arbitration courts, which was reached by Mintimer Shaimiev: in June 2005, the Security Council of Tatarstan decided to transfer the entire production complex of the plant to TAIF.
“The Republican Security Council decided to transfer the plant to a private company controlled by the president’s son!” - Irek Murtazin is indignant. TAIF invested about $1.8 billion in the construction of the refinery, says Albert Shigabutdinov. Be that as it may, TAIF gained control over one of the largest enterprises in the republic with annual revenue of $3.5 billion.
Now petrochemistry is a key area of TAIF's activity; it brings the company about 75% of revenue. In addition to the Nizhnekamsk Refinery, the group includes two more petrochemical giants - Kazanorgsintez and Nizhnekamskneftekhim. Albert Shigabutdinov claims that the shares of these enterprises were purchased “from the market,” but refuses to say how much their acquisition cost.
In addition to petrochemicals, TAIF is involved in construction; the group owns a network of several dozen gas stations and two television companies. We have our own bank and customs broker. But TAIF never left the republic. “I started to coordinate obtaining a license in Russia, but I saw this... I need to drop everything and do this,” says Shigabutdinov about the attempt to develop cellular communications outside the republic. Outside of Tatarstan, TAIF faced an aggressive environment where companies with equally powerful administrative resources operated.
For a decade and a half, the key enterprises of one of the richest Russian regions, carefully protected by local authorities from outside businessmen, ended up being owned by a company whose sphere of interests is strictly limited to the borders of the republic and which belongs to several influential local families, including the family of the president of the republic himself. “Corrupt merging of interests between the leadership of the republic and the leadership of TAIF!” - Irek Murtazin is indignant. The “special path” bore fruit - a significant part of the income earned by the regional oil and petrochemical industries was invested here. “Fencing in sometimes helps,” says Natalya Zubarevich, regional program director at the Independent Institute for Social Policy. The TAIF Group really invests a lot in enterprises of the republic - after all, these are its own enterprises. For example, Kazanorgsintez, over the five years that it has been under the control of TAIF, has increased revenue from $400 million to $940 million, and not only due to successful market conditions: TAIF launched several large-scale projects at the enterprise to modernize and increase capacity. Other enterprises of the group developed at a similar pace.
The volume of industrial production in Tatarstan at the end of 2008 amounted to 128% of the 1990 level. This is one of the best indicators among all regions of the country. In the Russian Federation as a whole, this figure was only 90%. The rapid pace of development of Tatarstan could be explained by the presence in the republic, unlike many other subjects of the Federation, of a developed oil production and chemical industry, whose products are successfully exported. However, the neighboring Samara region also has oil and its processing capacity. However, in 2008, industrial production reached only 105.2% of the 1990 level.
However, the period of prosperity did not last forever. TAIF’s “economic miracle” was based on massive borrowing. The result is the group's high debt load. For example, Kazanorgsintez has a debt/revenue ratio of 1.4. The average for Russian petrochemical enterprises is 0.6. By the beginning of the crisis, the group's total debt reached 60 billion rubles. “In the case of Kazanorgsintez, they were faced with the fact that some capacities are ready, some have not been launched, and the market has fallen,” says Promsvyazbank analyst Dmitry Monastyrshin.
In May, Kazanorgsintez defaulted on some of its obligations. TAIF had to hire investment bank Morgan Stanley to develop terms for restructuring its debts. Western banks agreed to the proposed conditions, but the Russian ones - VTB and Sberbank - demanded to convert the debt into a share in the capital of the plant. “VTB is the instigator of all these cases! Why not take advantage of the situation and take the plant?” - Shigabutdinov is indignant. According to him, he is not against selling Kazanorgsintez (after all, TAIF is an investment company), but only to someone who undertakes to fulfill the planned investment program, according to which 116 billion rubles should be invested in the plant by 2016. The program was presented during the visit of Deputy Prime Minister Igor Shuvalov to the plant by Mintimer Shaimiev himself, so this obligation looks like an obligation not of the group, but of the president of the republic himself. “If the president sees that there are no guarantees for the implementation of the program, he will live out his life! He'll hang you alive!" - says Shigabutdinov.
How long will the company enjoy high patronage? “Mintimer Shaimiev has already received one extension of his powers, but not two. It seems like he’s leaving next year,” says Rostislav Turovsky. When asked by Forbes whether TAIF faces “dekulakization” after the change of power in the republic, Albert Shigabutdinov confidently answers: “There will be no change of power. There may be a change in the leadership of the government. But the economic and political foundations will remain.”
The names of the shareholders and ultimate beneficiaries became known after the decision of the Moscow Arbitration Court dated November 23, 2017 on the claim of TAIF PSC against the interregional tax inspectorate was published. TAIF demanded that the decision to prosecute for committing a tax offense be invalidated.
As of December 2014, legal entities owned 92,623,500 ordinary shares of TAIF. The remaining 42,376,500 shares belonged to individuals.
19.9% of the shares belonged to Vulcan LLC and Transport LLC. Since 2017, T2 LLC has become the legal successor of Vulcan; the company belongs to the Chairman of the Board of Directors of TAIF Rustem Sulteev and his wife Lidia Sulteeva. “Vulcan” is headed by Ildar Valeev.
Transport is owned by the general director of the holding, Albert Shigabutdinov, and his son Timur Shigabutdinov. The company is headed by another son of the general director of TAIF, Ruslan Shigabutdinov.
The owners of 8.02% and 8.01% of TAIF shares as of December 2014 were AS LLC and Prominvest LLC. The owner and general director of the first is Albert Shigabutdinov, Prominvest belongs to Rustem Sulteev.
4.5% of TAIF shares were owned by VTNPO Kazan LLC. It belongs to the holding’s deputy general director for petrochemicals and oil refining, Vladimir Presnyakov.
The owner of 2.42% of shares is MKB Avers LLC (the old name of Avers Bank). Among its beneficiaries are Radik Shaimiev, Albert Shigabutdinov and Rustem Sulteev.
1.02% of the shares belonged to the Austrian company Micopex Export–import Gmbh. According to the AS file, she is associated with entrepreneurs Nikola Koprivica and Mirjana Dikanovic-Koprivica. Koprivitsa, according to the Kazan publication Business Online, is the son of a businessman, with whom the first president of Tatarstan and Shigabutdinov built a number of large industrial and civil facilities in the late 1990s and early 2000s.
As for individuals, there were six of them among the holding’s shareholders at the end of 2014. Among them are Radik Shaimiev (11.46%) and Airat Shaimiev (11.45%). Also the owners of the shares were TAIF Deputy General Director for Economics and Finance Guzelia Safina (4.5%) and the granddaughter of the State Councilor of Tatarstan Mintimer Shaimiev - Kamil Shaimieva (2%). Nikola Koprivica and Mirjana Dikanovic-Koprivica each owned 0.99% of the shares.
There is no information about shareholders on the group's website. Spark-Interfax reports only on the shares of Radik Shaimiev, AS LLC and Guzelia Safina.
) - TAIF Group of Companies was ordered to pay 40 million rubles in tax debt that arose due to compensation to shareholders for the fall of the ruble in 2014, Kommersant reports.
TAIF PSC was unable to challenge the prosecution for tax violations in the amount of 40 million rubles in two courts - the Moscow Arbitration Court and the Ninth Arbitration Court of Appeal. Of this amount, 28.9 million rubles. The income tax debt for 2014 is 5.3 million rubles. – penalties, 5.8 million rubles. - fine.
The debt arose due to the fact that four shareholders of TAIF - Cypriot companies Garidakia Investments Limited (owned 4.95% of shares), Conningsby Limited (3.06%), Dermixco Limited (3.07%) and Etimi Investments Limited (4. 95%) - dividends for 2013 were paid only in December 2014, when the euro/ruble exchange rate increased almost 1.5 times. Then TAIF transferred EUR6.88 million to them, using the exchange rate as of June 26, 2014. Otherwise, at the current exchange rate, the payments would be 4.75 million euros. As a result, the amount of deductions in rubles amounted to 332 million rubles, of which 144.7 million rubles. TAIF formalized it as compensation for “lost profits” of shareholders, and 11.9 million rubles. - as interest for the use of other people's funds. At the same time, TAIF showed these transactions in the reporting as expenses that reduce the tax base for profit for 2014 in the amount of 144.7 million rubles. The Federal Tax Service qualified the company's actions as an understatement of the base and assessed additional tax.
The court upheld this decision. He also noted that there were no grounds for recalculating dividends based on the euro exchange rate, since payments to shareholders in TAIF are provided in Russian rubles. The compensation, according to the court, put some shareholders in an advantageous position over others. In addition, as stated in the decision of the Moscow Arbitration Court, “there are strong grounds for the conclusion” that the beneficiaries are connected with the top management of TAIF and they “deliberately took advantage of the situation of the growth of the euro in 2014 in order to obtain larger payments from the company with minimal tax consequences."
Based on the results of 2013, TAIF shareholders decided to accrue dividends totaling 2.1 billion rubles. based on 15.45 rubles. per share. According to court materials, as of May 20, 2014, VNPO Kazan LLC, Deputy General Director of TAIF Vladimir Presnyakov, owned 4.5% of the shares of TAIF, Vulcan LLC (owners - first deputy general director of TAIF Rustem Sulteev and Lidiya Sulteeva) - 19.9 %, Transport LLC (General Director of TAIF Albert Shigabutdinov, his sons Ruslan and Timur Shigabutdinov, Rustem Sulteev) - 19.9%, Deputy General Director of TAIF Guzelia Safina - 4.5%, Airat Shaimiev (son of the first president of Tatarstan) - 11 .45%, his brother Radik Shaimiev - 11.46%, Radik Shaimiev's daughter Kamilya Shaimieva - 2%. Also among the shareholders in 2014 were the NPO CJSC National Settlement Depository (the beneficiary of the package is Sergey Porotsky) - 4.84% , Avers Bank (beneficiaries - father and sons Shigabutdinovs, Mrs. Safina, Vladimir Presnyakov, Radik Shaimiev, Rustem Sulteev, and chief accountant of TAIF PSC Olga Ignatovskaya) - 2.42%. In addition, minority stakes belonged to Micopex Export- import Gmbh (Austria) - 1.02%, Djikanovic-Koprivica Mirjana (Austria) 0.99%, Koprivica Nikola (Austria) - 0.99%.
Earlier, on February 12, TAIF subsidiary Telecom Management LLC increased its stake in Kazanorgsintez PJSC by 0.22% to 53.93%. At the same time, the block of ordinary shares increased by 0.24%, to 56.32%. At the same time, Telecom Management LLC increased its share in the authorized capital of Nizhnekamskneftekhim from 50.94% to 55.82%, and the share of ordinary shares from 52.37% to 58.94%.
The TAIF Group of Companies is the largest non-public diversified holding in Russia with a wide diversification of existing assets and powerful production potential. The priority area of activity of TAIF PSC is the sphere of oil and gas refining and petrochemicals. In the field of oil and gas refining, chemistry and petrochemistry (energy), the structures of the TAIF group include 34 companies, including PJSC Nizhnekamskneftekhim.
Russia, KazanAlbert Shigabutdinov (CEO)
Chemistry, petrochemistry, oil refining
▲ RUB 434 billion (2011, IFRS)
▲ RUB 67.3 billion
▲ RUB 42.5 billion (2011, IFRS)
Over 45 thousand
TAIF Group of Companies (GC "TAIF") is a large Russian holding that controls 96% of the chemical, petrochemical and oil and gas refining industries of Tatarstan. The company's headquarters are located in Kazan.
Owners and management
11.4% of the company belongs to the son of the former President of Tatarstan Mintimer Shaimiev, Radik Shaimiev, 4.5% - to Deputy General Director of TAIF Guzelia Safina, the remaining shareholders are not disclosed.
General Director - Albert Kashafovich Shigabutdinov.
Activity
The group controls the following large enterprises, which together provide more than 90% of the output of the chemical, petrochemical and oil and gas refining industries of Tatarstan:
Group structure
| Chemistry, petrochemistry and oil and gas refining |
Investments and finance | Telecommunications and mass media | Services, trade | Construction |
|---|---|---|---|---|
| TAIF-NK | TAIF-Invest | TV and radio company "New Century" | Karsar LLC | LLC "TAIF-ST" |
| PJSC "Nizhnekamskneftekhim" | Telecom Management | JSC House Kekina | LLC "PSO "KAZAN" | |
| OJSC Kazanorgsintez | TAIF-Finance | LLC "Kamgesstroy" | ||
| JSC "Chemical Plant named after L. Ya. Karpov" | Taintek | OJSC "NMU-3" | ||
| OJSC "TGC-16" | LLC Kazan Silicate Plant wall materials" |
|||
| CJSC "Plant of Reinforced Concrete Structures" |
In addition, TAIF controls Avers Bank, the Tatnefteproduct company, a number of construction organizations, two television and radio companies, nine financial and eight trading companies. She also owns a 3% stake in the oil company Tatneft.
The holding is the general sponsor of the Rubin football club.
Performance indicators
The total number of personnel is over 45 thousand people. The company's revenue in 2007 according to IFRS amounted to 192.1 billion rubles. (including from activities in the field of chemistry, petrochemicals and gas processing - 170 billion rubles), EBITDA - 35 billion rubles, net profit - 21.3 billion rubles.
The company's consolidated revenue for 2009, according to its own data, amounted to 257 billion rubles, profit - 19 billion rubles. According to Forbes magazine estimates for 2012, TAIF is the largest non-public company in Russia.
Write a review about the article "TAIF"
Notes
Links
An excerpt characterizing TAIF
On August 31, Saturday, in the Rostov house everything seemed to be turned upside down. All the doors were opened, all the furniture was taken out or rearranged, mirrors, paintings were removed. There were chests in the rooms, hay, wrapping paper and ropes lying around. The men and servants carrying out things walked with heavy steps along the parquet floor. Men's carts were crowded in the yard, some already topped and hitched, some still empty.
The voices and footsteps of the huge servants and the men who arrived with carts sounded, calling to each other, in the yard and in the house. The Count went somewhere in the morning. The Countess, who had a headache from the bustle and noise, lay in the new sofa with vinegar bandages on her head. Petya was not at home (he went to see a comrade with whom he intended to transfer from the militia to the active army). Sonya was present in the hall during the installation of crystal and porcelain. Natasha was sitting in her ruined room on the floor, between scattered dresses, ribbons, scarves, and, motionless looking at the floor, holding in her hands an old ball gown, the same (already old in fashion) dress that she wore for the first time at the St. Petersburg ball.
Natasha was ashamed to do nothing in the house, while everyone was so busy, and several times in the morning she tried to get down to business; but her soul was not inclined to this matter; but she could not and did not know how to do anything not with all her heart, not with all her strength. She stood over Sonya while laying out the china, wanted to help, but immediately gave up and went to her room to pack her things. At first she was amused by the fact that she was distributing her dresses and ribbons to the maids, but then, when the rest still had to be put to bed, she found it boring.
- Dunyasha, will you put me to bed, my dear? Yes? Yes?
And when Dunyasha willingly promised to do everything for her, Natasha sat down on the floor, took the old ball gown in her hands and thought not at all about what should occupy her now. Natasha was brought out of her reverie by the talk of the girls in the neighboring maid's room and the sounds of their hasty steps from the maid's room to the back porch. Natasha stood up and looked out the window. A huge train of wounded stopped in the street.
Girls, footmen, housekeeper, nanny, cook, coachmen, postilions, kitchen boys stood at the gate, looking at the wounded.
Natasha, throwing a white handkerchief over her hair and holding the ends with both hands, went out into the street.
The former housekeeper, the old woman Mavra Kuzminishna, separated herself from the crowd standing at the gate, and, going up to a cart on which there was a matting wagon, talked to a young pale officer lying in this cart. Natasha moved a few steps and timidly stopped, continuing to hold her handkerchief and listening to what the housekeeper was saying.
- Well, then you don’t have anyone in Moscow? – said Mavra Kuzminishna. - You would be more comfortable somewhere in the apartment... If only you could come to us. The gentlemen are leaving.
“I don’t know if they’ll allow it,” the officer said in a weak voice. “There’s the chief... ask,” and he pointed to the fat major, who was walking back down the street along a row of carts.
Natasha looked into the face of the wounded officer with frightened eyes and immediately went to meet the major.
– Can the wounded stay in our house? – she asked.
The major put his hand to the visor with a smile.
- Whom do you want, mamzel? He said, narrowing his eyes and smiling.
Natasha calmly repeated her question, and her face and whole manner, despite the fact that she continued to hold her handkerchief by the ends, were so serious that the major stopped smiling and, at first thinking, as if asking himself to what extent this was possible, answered her in the affirmative.
