Azat Shamsuarov no longer at Lukoil as of late May

MOSCOW. Oct 6 (Interfax) - Former first deputy CEO of Lukoil Azat Shamsuarov left the group on May 30, 2025, the company's press service reported.

Shamsuarov had been in the role since June 2020. Prior to this, he was the senior deputy CEO for oil and gas production in Russia.

As reported, Shamsuarov's new company plans to build a factory costing 2.8 billion rubles. Bashkortostan's investment committee has already approved the initiative of Moscow-based JSC Ecopromstroy to build the factory, which will produce autoclaved aerated concrete and dry cement mixes. The new factory is expected to be built in the Alga special economic zone in the Sterlitamak district and will have an annual capacity of 400,000 cubic meters of concrete. Commissioning is scheduled for 2027. According to the Unified State Register of Legal Entities (USRLE), Ecopromstroy was registered in September 2025 as a company primarily producing concrete for use in construction. The director and owner of the company is Azat Shamsuarov, who founded a subsidiary, EPS Alga LLC, in Bashkortostan's Sterlitamak district in order to implement the project. He is also the CEO of EPS Alga.

Shamsuarov was born in 1963 in Sterlitamak. He began working at companies from the Lukoil group in the late 1990s and became an executive in 2001.