Company Strategy,Mission and Vission

According to the Development Strategy of LLC Yukatex Oil until 2025, the mission of LLC Yukatex Oil is to ensure maximum benefits for the Republic of Komi from participation in the development of the national oil-and-gas sector, which includes ensuring sustainable development. Adhering to the sustainable development principles, LLC Yukatex Oil is striving to boost the value of the LLC Yukatex Oil Company, increase the return on investment, and to deliver high-quality products and services.

Mission

  • Stabilization of domestic oil products market of the Republic of Komi by means of marketing of oil products through the extensive marketing channels.
  • Development as a competitive, high performance innovation and technological downstream company;
  • Ensuring of oil refining capacity and production of high-quality oil products

Vision

  • LLC Yukatex Oil a high performance innovation and technological downstream unit of LLC Yukatex Oil, who holds streamlined oil refining assets and extensive channels for the marketing of oil products, Republic of Komi's leader in the field of refining and sales of oil products.

Strategic goals

  • Improvement of operational processes efficiency through the introduction and implementation of new technologies and new manufacturing plants;
  • Bringing oil refinery's business process management to the level of leading peers in the industry;
  • Regulation of social-labor relationships on the basis of social partnership;
  • Achieving stabilizing share in the oil products retail market of 32% by 2022;
  • Improvement of innovative and technological development management system;
  • Increase in oil refining capacity and efficiency, and quality of output;
  • Ensuring of safety in the workplace and reduction of environmental risks.
  • Improvement of personnel policy and human resource development;
  • Development of extensive channels for oil products marketing;