April 18, 2014 1:30 PM ET

Capital Markets

Company Overview of Open Joint Stock Company RusNano

Company Overview

RusNano is a private equity and venture capital arm of Russian Federation specializing direct and fund of funds investments. Within direct investments, the firm specializes in private equity and venture capital investments in turnarounds, late venture, emerging growth, and PIPEs. Within fund investments, it focuses on private equity and venture capital funds. The firm prefers to invest in the scientific research sector, solar energy and energy conservation, alternative energy, biomedicine, new materials, metalwork, biotechnology and medicine, electronics and mechanical engineering. It gives priority to projects that will establish new manufacturing facilities or broaden and modernize existin...

10A, Prospect 60-letia Oktyabrya

Moscow,  117036

Russia

Founded in 2007

Phone:

7 495 988 5388

Fax:

7 495 988 5399

Key Executives for Open Joint Stock Company RusNano

Chief Executive Officer
Age: 58
Deputy Chief Executive Officer (Investments) and First Deputy Chairman of the Executive Board
Age: 50
Deputy Chief Executive Officer (Infrastructure); Member of Management Committee and Deputy Chairman of the Executive Board
Deputy Chairman of the Executive Board; Member of Management Committee
Age: 60
Executive Director
Age: 40
Compensation as of Fiscal Year 2013.

Open Joint Stock Company RusNano Key Developments

Rusnano Announces Earnings Results for the Year 2013

Rusnano announced earnings results for the year 2013. For the year, the company boosted sales revenue nearly 50% in 2013 to RUB 9.8 billion. Revenue grew due to Rusnano's full or partial withdrawal from portfolio companies. Net losses narrowed to RUB 23.8 billion, which includes provisions for the impairment of loans and investments.

OJSC Russian Venture Company to Set Up Venture Fund for Energy Projects

OJSC Russian Venture Company (RVC) and partners plan to announce a new venture fund for alternative energy and energy conservation projects in late 2013 - early 2014. Around a year is needed to launch a fund - from the time when decisions are made and the legal documents signed to the first investment. Corporate venture investment is one of the instruments for the development of companies involved in searching for new technology, products and markets through investment in external startup projects. Investor interest in developing alternative energy sources climbed after the government decided to encourage renewable sources of energy on the wholesale market. The government will subsidize renewable energy projects with a high level of localization to 2020. Overall production at the end of the period should reach 5.8 gigawatts. OJSC Rusnano, Renova, OJSC E2, which Kommersant newspaper says is linked to Mikhail Abyzov, have already shown an interest in investing in this sector.

RusNano Expects to Expand Presence in Agribusiness

RusNano expect to expand its presence in the agribusiness sector. Rusnano's projects currently include a project to set up production of proteins from biological feedstock with a total budget of 4 billion rubles. A production facility is now being built in Belgorod Region.

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