OREANDA-NEWS. TATNFFT Company was again awarded a large cup and a diploma of the Society of Inventors and Innovators of the Republic of Tatarstan based on rge results of 2016. Small cups and diplomas of the Republic of Tatarstan’s section of the Society of Inventors and Innovators for the achievements in inventive and rationalizing activities were awarded to NGDU «Elkhovneft» and the Bugulma Mechanical Plant of PJSC TATNEFT.

25 employees of PJSC TATNEFT were awarded with memorial sign «Excellent worker of invention and rationalization».

Welcoming the participants of the forum, Nail Ibragimov, Deputy General Director for Production - Chief Engineer of PJSC TATNEFT, pointed out that the search and implementation of innovative technologies and equipment is the only way to achieve the strategic goals set for the Company.

There is a serious potential at TATNEFT for increasing the effectiveness of using the intellectual property.

The Company is one of the leaders of the Republic of Tatarstan and the whole Russia in the field of innovative development. The share of patents received by the Joint-Stock Company among enterprises of the Republic of Tatarstan accounts for more than 70 percent. Annually, TATNEFT registers more than 200 patents for inventions, utility models and computer programs. The Company received a total of 233 protection documents in 2016. In addition the Company also ensures legal protection of the Company’ engineering developments abroad. At present, Tatneft has 21 foreign patents and six applications for inventions outside of Russia have been filed. The economic effect of using the results of innovative activities in the Republic increased 1.5 times compared with 2015.