7 February 2006, the Russian Stock Exchange RTS witnessed the highest level of exchange quotation for the shares of “Nizhnekamskneftekhim” INC resulting to the Company’s capitalization upwards of US$ 2bn. The market value of the Company continues to mount steadily which speaks first of all about the efficient activities of the Company’s top managers, meaning successful production, corporative, commercial operations of the Company, and a number of factors contributing in whole to the investment attractiveness of the Company.
Given the Russian specific market economy development internationally, industrial specifics of petrochemical capital-intensive productions facilities, a double capitalization figure reached by the Company already in 2005, all that proves that the Company makes a steady and far-reaching progress both on the domestic and international markets. A product sales income forecast in 2005 totaled around RUR 6.8bn (US$236m), which compared to the year 2004 is 8.9% higher.
To achieve such a significant level of the Company’s capitalization is favored by a distinctly formulated development strategy, its financial and informational transparency, proficient corporative management.
The Board of Management intends so hereafter to keep on with further intensive advancement of the Company, raising confidence level of the investors and gaining capitalization as a whole.