The TMA Board meeting chaired by Andrei Pantioukhov was held; and the regular General meeting of the TMA members took place on October 6, 2016. The Board approved the financial plan of the Association for 2017, in accordance with which the TMA members adopted an annual membership fee at the amount of 1,350,000 rubles for the next year.

Moreover, a new member of the Board of the Association was elected during the meeting – Mr. Kamran Charles Vossoughi, the General Director of Michelin Russian Tyre Manufacturing Company LLC. The members of the Association also approved the results of the revision of the TMA accounting reports for 2015.