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May 2007

Tatarstan in the capital markets


Tatarstan is the most progressive Russian region after Moscow and St Petersburg in attracting foreign portfolio investors, with a successful record in attracting loan financing, Eurobond financing, and equity investment. And the republic is only going to become a bigger presence on the international capital markets as a new raft of IPOs is prepared, with a potential deal volume of over $4 billion.




Tatarstan: A unique republic, A unique investment opportunity
What investors say about investing in Tatarstan
Q&A: Rustam Minnikhanov
Tatarstan: supporting innovative start-ups
Tatarstan in the capital markets
Tatar banks expand with help of western capital
Tatarstan’s consumer boom
Taking Tatarstan’s petrochemical resources into the future
Tatarstan’s new Special Economic Zone Alabuga
Tatarstan’s thousands of years of culture
Kazan: home to some of the best sports facilities in Russia

The Republic’s biggest company, Tatneft, already has long experience of international equity markets, having listed on the LSE back in 1996, in one of the first full listings done by a Russian company outside of Russia. Its share price then was $1; it had risen to $420 by 2005. "It’s a unique story in terms of its capitalization growth", says Tatneft’s general director, Shafagat Takhautdinov.

Other companies from Tatarstan are now preparing to follow Tatneft’s lead into...


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