PJSC Pigment was included in the list of backbone organizations of the domestic industry.
The government commission on improving the sustainable development of the Russian economy has approved an updated the list of companies following the meeting on April 17,2020.
Working with organizations included on the list involves the permanent monitoring of their activities.
The purpose of such monitoring is a due time response to critical situations and business support
The list contains 246 organizations selected in 15 different industries. Pigment became one of 39 representatives of the chemical industry. The criteria for inclusion in the list were numerical factors - the number of employees and revenue - as well as additional factors, including the role in the regional economy, the manufacture of strategically important products, and other.
The permanent staff of PJSC Pigment is about 1600 employees, the revenue for 2019 amounted to 8.7 billion rubles. These figures are higher than the minimum values defined as criteria for the chemical industry (the number of employees is at least 1000 people, the revenue is at least 5 billion rubles). It should be noted that the company tops the list of strategic companies of the regional economy, being one of the main employers and taxpayers in Tambov region.
PJSC Pigment is an important link in the Russian industrial market. The customers of the company products represent about 10 industrial sectors. The assortment portfolio of Tambov company includes organic pigments, optical brighteners, sulfamic acid - products that no other manufacturer in Russia makes. PJSC Pigment participates in the state program of import substitution, offering to the domestic market high-quality analogues of imported chemicals for paints and varnishes, pulp and paper, construction and other industries.
Over the past 15 years, PJSC Pigment has shown steady growth. The company makes a stable profit, implements the re-equipment projects, upgrades the environmental safety systems, and fulfills the social obligations. As per company management opinion, the existing base allows looking ahead with optimism. Nevertheless, additional control of the situation and supportive measures from the state, for example, preferential lending and tax preferences, could significantly strengthen the positions not only of specific business units included in the list of strategic organizations, but also of the Russian economy as a whole.