Over the next four weeks, Rusneftegaz is to host a series of events for all of our staff across the globe to mark our 25th anniversary, which is being celebrated for the duration of this calendar year. Although the date commemorating twenty-five years since our incorporation does not occur in July, our management decided that it should be observed during summer to maximize the chance of good weather, thus enabling certain proceedings to be hosted outside. Taking this into account, every member of our workforce was invited to vote for their preferred activity to recognize this significant occasion, and therefore each individual shift has been allocated a fund to hold their own celebration this month. As a result, the type of festivities that are to be held ranges in both scope and size, with some opting to honor our quarter-century with celebratory drinks, whereas other groups have elected to have an evening at a bowling alley. Following this announcement, our Deputy Chief Executive Officer, Aleksandr Filyurin, gave this statement:  

“I am delighted to be part of our 25th anniversary celebrations. This has been planned for a long time, and it is great that our plans are finally coming to fruition. At the end of the day, this is a very significant milestone for Rusneftegaz, not many companies get to mark twenty-five years in business, especially in an industry like this where mergers and acquisitions are relatively common. Now, I have only been here for the last nine years of that, but we have managed to keep the company on track regardless of what has gone on in the outside world. You have to remember that Rusneftegaz has withstood a lot over this time, be that the financial crisis, a worldwide pandemic, geopolitical instability, you get the idea. It has been a turbulent time without doubt, but we have managed to survive it all and continue to get stronger. Now, we have a lot in our favor, we have staff that have the capacity to go above and beyond expectations, never mind the fact that we continue to innovate and expand where others do not. 

Where our competitors have only focused on data and efficiency, we have always seen the bigger picture, and I think that is perhaps our greatest strength of all. I would like to thank all of those that have helped us reach this anniversary, from the staff on the ground, to those right at the very top. We have all, as a collective, made this happen. I, for one, am very proud to be here, and I am very optimistic for the future, and I hope that all my colleagues here are too. I think I say that every time I give one of these statements, but it is always true. I always wonder if this is the greatest era in our history, but I continue to be amazed by how this company continues to grow and expand. Quite frankly, there is no doubt in my mind that Rusneftegaz has an amazing future ahead, and I hope that I can stay here to see it.”   

Although our anniversary celebrations will last until the end of this year, we plan to hold a gala dinner in Moscow at the end of this month to mark the occasion and honor the achievements we have recorded since this company was founded in 1999. Attendees are set to include a number of distinguished guests, amongst them our board of directors and key stakeholders, in addition to a selection of managers and executives who have previously worked in notable roles within our organization. We have also invited and paid the expenses for all the staff who been associated with this business from its inception twenty-five years ago, in conjunction with a plethora of other employees who have served Rusneftegaz with distinction during this timeframe. On the night itself, we are set to distribute a variety of awards and commendations to these individuals to thank and reward them for their service to us, whilst also remembering many of their former colleagues who have been unable to attend this event.    

To mark this momentous occasion, we can also announce that we have commissioned a number of large celebration cakes in the shape of our new logo, which was updated last month. We intend to apportion as many slices amongst our personnel as possible, together with an assortment of memorabilia produced for our 25th anniversary. We can similarly confirm our intention to compile a compendium of images and videos associated with Rusneftegaz and our business during the past quarter-century, with this compilation to go on display for the first time at the aforementioned gala dinner. To facilitate this, we are requesting that anyone who has ever been affiliated with this enterprise to submit any digital records in their possession to form part of this collection via email. This will ultimately serve as a comprehensive record of our corporate history, and our eventual emergence as a billion-dollar global corporation. Any inquiries in relation to these events, or to offer any photographs to us, should contact our company via the usual channels at the earliest opportunity.

With Rusneftegaz marking our 25th anniversary this year, we are delighted to announce that we will be unveiling a major rebranding of our corporate identity on 3 June. The final design was presented to the board of directors, who were ultimately responsible for and approved these changes, at our annual general meeting in April. Our executive leadership believes that such a momentous milestone is the perfect opportunity to redefine our image, not only in the immediate term, but also for the future. As a rapidly growing enterprise, we aspired to make our logo and colors wholly unique to our organization, particularly after it was noted that our red and black scheme was somewhat similar to those of our competitors within this industry. In response to this announcement, our Deputy Chief Executive Officer, Aleksandr Filyurin, issued the following statement: 

“I am incredibly happy with the changes that are due to be made. The board and I have been considering making this change for a long time, and to finally see it come to fruition is amazing. I would like to put on record my thanks to everyone who worked hard to make this happen. We are obviously not a major design agency, but it looks as if it was designed by one. This change is very important for us, as it is an opportunity to refresh our brand so that it better reflects the type of company we are. We are a company with strong values and major aspirations, and we need a logo that reflects that strength. I hope that this rebrand marks the dawn of a new era for Rusneftegaz, one where we are even more successful than we are already.” 

As the first update to our image since 2014, the revised branding itself has been designed to signify our dynamism as an enterprise, with our new insignia intended to make a striking impression against its background. Our color scheme will also be changed to be brighter and bolder, with the muted palette from before abandoned in favor of bright orange and a tonal black. Whilst our current logo is a modernized version of its immediate precursor, our next mark is an entirely new creation, only paying homage to its predecessors. It has been created internally by our staff, in consultation with external partners, and is scheduled to be fully launched over the coming months. This includes, but is not limited to, any necessary adjustments to uniforms, which will be provided to affected employees at no cost. Any queries regarding this bulletin from our personnel should be directed to their manager, and any other inquiries may be submitted by email or telephone. We necessitate your cooperation and understanding as these developments take effect.

As we mark the 25^th anniversary since this company was founded, Rusneftegaz held our annual general meeting on 5 April in Moscow, attended by a plethora of delegates from every corner of the world. Not only did this include all our executive leadership, but also a number of key stakeholders and managers, each of whom made proactive contributions to the discussions that were held at the event itself. This included productive talks pertaining to our next research and development plan, due to be reviewed early next year, in addition to our corporate investment strategy, which is similarly expected to be revised in due course. While this element of the conference constituted the vast majority of time in these conventions, the disclosure of our consolidated financial statements for 2023 served as the highlight of the assembly, where our organization unveiled record revenues from our activities during the twelve-month period.  

Such fiscal results were audited pursuant to all relevant laws and prepared in full compliance with International Financial Reporting Standards, otherwise known as IFRS. At the conclusion of the yearly congress, all proposed resolutions were passed unanimously, including motions to approve the aforementioned financial statements and the corresponding director’s report. It was likewise resolved to maintain the board of directors and audit committee as each is currently composed, in conjunction with retaining the services of the current auditor. It was also mutually agreed that once again a dividend will not be paid this year, with the consensus amongst the quorum being that our corporation should continue its existing practice of reinvesting earned profits to maximize long-term growth and to ultimately expedite the expansion process. At the end of the event, our Deputy Chief Executive Officer, Aleksandr Filyurin, gave the following statement:  

“I think that first and foremost the board and I should place on record our thanks to everyone here who has done so much to make the past year such a big success. A lot is going right here despite what is going on around us now, and there are a lot of people here that can take credit for that, and I hope that they know who they are. Breaking records in what is supposed to be a hard time to do business is an utterly enormous achievement, especially when you look around us and see that a lot of our competitors are struggling at the same time as we are doing really well. Now, it is obviously a very important time for us too; heading into a 25^th anniversary year is a big deal, and we are going to mark the occasion. I am not going to pretend that I don’t know what we have planned, but I think you are going to have to wait a little while longer before I can tell you anything. There is a lot to look forward to here at the moment, and I am sure that it is going to continue for a long time yet.”  

Overall, our rapid rate of fiscal growth over the past few years did not abate in the last twelve months, with our corporation once again recording record revenues and profits in 2023. At this point in time, our trade in commodities is now the largest element of our business, composing the bulk of our turnover in spite of the ongoing challenges that our company faces externally. Although it is difficult to project how the geopolitical situation may evolve over the course of the next year, we believe that these conditions are unlikely to change significantly within this timeframe, and thus it is doubtful that our firm will be overly impacted. However, due to the continuing volatility in global commodity prices and the potential for political actions against both the Russian Federation and the oil and gas industry, there shall always be a substantial degree of uncertainty in our forecasts.  

That said, our latest projections for this current year foresee our organization surpassing these previous totals, with the success that has seen Rusneftegaz develop so rapidly since the beginning of the decade set to continue into the foreseeable future. The scale of this growth is unprecedented in our corporate history, and as a result, our management is keen to capitalize on the progress of our international commodity trading arm, which has been the main catalyst of this enlargement. Therefore, we recently disclosed our intention to increase the scope of this area of our business by starting to deal in agrochemicals, such as urea and ammonia. Previously, our enterprise had been solely focused upon exchanging crude oil and refined products, ultimately to great accomplishment, although we do not anticipate developing this sector of our operations much further. Instead, we intend to improve our market share in the goods we do sell, rather than seeking to expand our remit. 

In spite of this, our leadership cannot rule out the prospect of further expansion entirely, with ambition being innate and fundamental to the core philosophy of Rusneftegaz throughout our history. This is no more acute as we begin to mark our 25^th anniversary year, a considerable milestone for us and a time to reflect upon what we have accomplished during this timeframe. We plan to hold a major celebration of this notable achievement over the coming months, with additional details to be announced in due course. As this is such a significant event, we are hoping to include all our employees in these festivities regardless of their location or schedule, some of whom have worked for us for the entire span of time. Although it should be noted that despite the fact that this is a monumental occasion for us, we are wholly optimistic that there will be many more similar celebrations of our triumphs yet to come. Any queries pertaining to the subjects mentioned may be submitted via email or telephone in haste. We necessitate your cooperation and understanding with this matter.

Following the announcement last month that our organization intends to increase its capacity to trade fertilizers and other agricultural products, Rusneftegaz can disclose that we have appointed Vladimir Korobeynikov as our first Director of Agrochemical Trading. This new position will oversee the creation of a new subdivision within our enterprise, whilst simultaneously providing us with the key insights required to ensure that our plans are a success. Although this is not expected to become the largest segment of our wider commercial operations, our management believe that there is a significant opportunity to expand into this industry and capitalize upon an expanding new market. In response to this appointment, Korobeynikov gave this statement: 

“I am delighted to have been appointed to this role. Igor has been extremely open with me, sharing his knowledge with me, and importantly his bold and ambitious goals for the future. I am attracted to the project, to build a business with a clear focus to become a leader in the fertilizer industry. We will do the best we can and aim to move forward in this area as fast as we can. I look forward to meeting the other staff here and all the other people associated with Rusneftegaz over the next couple of months.” 

Korobeynikov will commence his new role in September, when he will work under the stewardship of our Director of Trading, Dmitri Kozhevnikov, who has served in this role for almost five years. In the immediate term, the incoming member of our team will bear responsibility for implementing the final preparations before our agrochemical marketing capacity increases later this year. This includes not only exercising oversight in relation to the acquisition and construction of the key infrastructure necessary to ensure this scheme is viable, but also establishing relationships with new partners across the globe that ultimately have the competences to guarantee the delivery of such products to our customers. He will similarly construct and manage a roster of personnel whom have the capability to work in unison with the wider department led by the Director of Trading to facilitate and expedite this growth. Following these developments, Kozhevnikov remarked: 

“I am very pleased to announce that Vladimir will be joining us from this summer onwards. His arrival marks an important step forward for our organization, as we continue to strengthen our team with individuals of exceptional caliber. Vladimir brings with him an impressive wealth of experience, having held senior leadership roles for some of the most recognizable and innovative companies in the world, and will bring a strong vision and an insightful approach to the day-to-day running of this operation. I am confident in his abilities and wish him well.” 

In the longer term, the incoming director is expected to leverage his previous experience trading agrochemicals with corporations from every corner of the world, ultimately building global connections that will be both useful and lucrative for us as we commence business in this sphere. As someone with intricate knowledge of this trade, Korobeynikov has been appointed to this role on the basis of his extensive contact within this industry, and our management is optimistic that he will be able to attract a plethora of customers to us as he has done so for his existing employers. This includes potential clients in both North America and Europe, where he has worked extensively for a wide range of companies in a long and distinguished career. Any subsequent updates in relation to these operations will be provided in due course, and any vacancies that are to arise in the months ahead will be duly advertised on both this website, and via our local partners, at the relevant time. We necessitate your cooperation and understanding regarding this developing matter.