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Sibur-RT
«Sibur-RT JSC», formerly known as «TAIF JSC» (''Tatar-American Investment and Finance company''), is a Russian investment holding and oil company, headquartered in Kazan. As of 2008, it processed up to 98% gas and chemical and petrochemical products in the Tatarstan region. By 2015, it incorporated a number of subsidiary companies, including TAIF-Invest, TAIF-ST, TAIF Service, Avers bank, Avers insurance company, TVT and Novy Vek television companies, Karsar and TAIF-Telecom. In 2019, the company was listed among the largest private-owned corporations in Russia. In April 2021, it merged with the Sibur petrochemicals holding. In April 2022, the company changed its name to «Sibur-RT JSC». History Expansion The Tatar-American Investment and Finance company (TAIF) was created on the basis of Kazan Foreign Trade Association, established in 1990 by the government of the Tatar Autonomous Soviet Socialist Republic. While the Trade Association had been assembled to cope with ...
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Sibur
SIBUR (PJSC SIBUR Holding) is a Russian petrochemicals company founded in 1995 and headquartered in Moscow. SIBUR is the largest integrated petrochemicals company in Russia and one of the fastest-growing companies in the global petrochemicals industry. Company purchases hydrocarbons and processes them into plastics, rubbers and other high value added products. The Group sells its petrochemical products on the Russian and international markets in two business segments: Olefins & Polyolefins (polypropylene, polyethylene, BOPP films, etc.) and Plastics, Elastomers & Intermediates (synthetic rubbers, EPS, PET, etc.). SIBUR's petrochemicals business utilises mainly its own feedstock, which is produced by its Midstream segment using by-products purchased from oil and gas companies. The group owns and operates Russia's largest and most extensive integrated midstream asset base for processing and transportation of APG and NGLs , located primarily in Western Siberia, which is the larg ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In ...
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Tatar Autonomous Soviet Socialist Republic
The Tatar Autonomous Soviet Socialist Republic (russian: Татарская Автономная Советская Социалистическая Республика; tt-Cyrl, Татарстан Автономияле Совет Социалистик Республикасы), abbreviated as Tatar ASSR (russian: Татарская АССР; tt-Cyrl, Татарстан АССР) or TASSR (russian: ТАССР; tt-Cyrl, ТАССР) (1920–1990), was an Autonomous Soviet Socialist Republics, autonomous republic of the Russian Soviet Federative Socialist Republic, Russian SFSR. The resolution for its creation was signed on 27 May 1920 and the republic was proclaimed on 25 June 1920. Kazan served as its capital. The territory of the TASSR was a part of Kazan Governorate, Kazan, Simbirsk Governorate, Simbirsk, and Ufa Governorates (''guberniyas'') of the Imperial Russia before the October Revolution of 1917. *1920: Tatar Autonomous Soviet Socialist Republic *1990: Tatar Sovie ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is St ...
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Interest
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs. For example, a customer would usually pay interest to borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the bank plays the role of the borrower. Interes ...
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Moscow Interbank Currency Exchange
The Moscow Interbank Currency Exchange (russian: Московская межбанковская валютная биржа) or MICEX (russian: ММВБ) was a stock exchange that operated in Russia from 1992 to 2011. MICEX was the leading Russian stock exchange and one of the largest universal stock exchanges in Eastern Europe Eastern Europe is a subregion of the European continent. As a largely ambiguous term, it has a wide range of geopolitical, geographical, ethnic, cultural, and socio-economic connotations. The vast majority of the region is covered by Russia, wh .... It merged with the Russian Trading System in 2011, creating Moscow Exchange. MICEX consisted of about 550 participating organizations and members, which traded for their clients. In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (US$754.9 billion), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market. About 239 Russian com ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied b ...
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Neftekamsk
Neftekamsk (russian: Нефтека́мск; ba, Нефтекама, translit=Neftekama) is a city in the Republic of Bashkortostan, Russia, located in the northwest of the republic on the Kama River, from the republic's capital Ufa. It is a large industrial and cultural center of the republic. Population: Etymology The city is named after the Kama River and petroleum (, ''neft'' in Russian). Geography The city's territory borders Krasnokamsky and Yanaulsky Districts. A road network connects the town to Ufa, Birsk, Yanaul, Agidel, Oktyabrsky, Izhevsk, Perm, and Kazan. The nearest railway station for long-distance trains is located in Amzya, away. There is a local train connecting Neftekamsk with Yanaul via Amzya. Neftekamsk Airport serves the city. History It was founded in 1957 after the discovery of an oil field in Krasnokamsky District. Town status was granted to it in 1963. Administrative and municipal status Within the framework of administrative divisions, it is, ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In ...
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Limited Liability Company
A limited liability company (LLC for short) is the United States of America, US-specific form of a private limited company. It is a business structure that can combine the Flow-through entity, pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited li ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entit ...
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Nizhnekamskneftekhim
Nizhnekamskneftekhim (russian: Нижнекамскнефтехим), also known as NKNK, is a large petrochemical company and largest specialized company in Europe headquartered in the city of Nizhnekamsk, Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eigh .... It is the largest producer of synthetic rubber and plastics in Russia. The company was established in 1967, and employs over 17,000 people. External linksNizhnekamskneftekhim homepage (English version)Nizhnekamskneftekhim products(English version)


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