OREANDA-NEWS. February 21, 2011. During the conference of labor collective the managers of Open Society TAHEKO have reported of the execution of the production plans, collective agreement conditions for 2010 and a current state of affairs, and also have informed the staff of immediate prospects of development of the company.

58,7 bln roubles have been disbursed for the Project financing in 2010, total from the beginning of the construction JSC Tatneft secured financing of 184,4 bln roubles. The General Director of Open Joint Stock Company TANECO, Mr. Hamza Bagmanov emphasized that every month during the performance of civil and erection works enormous volumes of capital investments were allocated, stage by stage the industrial facilities were commissioned allowing in 2011 to start commercial operation.. The accounting period for the collective staff was taken in severe conditions, they faced and managed all targets put by a management of the Republic and JSC Tatneft, the major hereof was – production of the first products of the Refinery: naphtha and process fuel of the export grade.

All achievements have appeared to be possible thanks to professionalism of TANECO employees who are turning out to be the main capital of the enterprise. In this connection the collective life, labor safety and wages, amenities and resurrection to health are constantly in the focus of corporate social policy of Open Joint Stock Company Tatneft. For performance of all sections of the collective agreement in 2010 87,7 million roubles were disbursed. Not a single social category was beyond the collective concern: workers, pensioners, graduates – all took advantage of the provided grace and privileges.

To form a team-oriented collective and to strengthen corporate spirit, TANEKO carried out challenging activities for development of industrial, creative and sports potential of workers.

After summarizing, the collective agreement countersigning for 2011 has taken place. The agreement has been accepted in compliance with strategy of development of JSC Tatneft, and OJSC TANECO, has reinforced best traditions of the social partnership which have been developed at oil production and refining industry workers.