With headquarters in Tatarstan's capital Kazan, the company was set up in 1995 and it has since turned into a private enterprise with a total of 67 subsidiaries, including several oil refineries, two gas station chains, as well as a number of power plants chemical factories and construction companies. The major rise of the company happened during Russia's privatization in the mid-90s when TAIF became a major shareholder in most of its companies.
