Projects with RUSNANO’s Participation Win in Two Categories of the RBC Award

17 December 2019

Two projects from RUSNANO’s investment portfolio won one of the most authoritative awards of the Russian business community, the RBC Award. The names of the winners were announced at the solemn ceremony on December 16.

Yury Koropachinsky, President of OCSiAl RUSNANO portfolio company, became the winner in the Visionary category. He was nominated for the creation of a unique additive: graphene nanotubes. In 2019, OCSiAl was estimated at $1 bln and included in the official lists of unicorn companies, according to CBInsights and Crunchbase. The company is rapidly increasing production, which reached 65 tons per year in 2019, and plans to launch the first phase of the world’s largest plant for the synthesis of graphene nanotubes in Luxembourg in 2022. OCSiAl’s revenue doubles annually and, according to experts in the field of nanotechnology, demand for graphene nanotubes is expected to grow rapidly in the near future due to its use in FMCG products. OCSiAl controls 90% of the world market, and its clients include global automakers, electronics market leaders and large chemical concerns.

Andrey Yudnikov, CEO of cloud video surveillance and video analytics service Ivideon, was selected as the winner in the Startuper category. In October 2018, the project attracted $8 mln from the Rusnano Sistema SICAR venture fund, created jointly by JSFC Sistema and RUSNANO, and the Skolkovo Ventures Industrial Foundation, created with the participation of RVC. The Ivideon solution for remote control and business efficiency attracted 4.1 mln users in more than 100 countries. In 2019, under the leadership of Andrey Yudnikov, the company launched Russia’s first face recognition service in the Ivideon Faces cloud. With this innovative product, the company expects to take up about 50% of the domestic cloud video surveillance market for business. The product is focused on retail, HoReCa, banks, services as well as offices and open spaces. The service does not require the installation of local complex and expensive equipment; cloud technology opens access to analytics from any device around the world with access to the Internet.

For five years, the RBC Award has been a vivid reflection of the development of Russian business. This year, 96 people were nominated for the award in six categories: Manager, Entrepreneur, Startuper, Investor, Visionary, and Social Manager. Candidates were nominated by expert councils and the RBC audience; they included those who achieved the most outstanding and exemplary results in business and management in 2019. The experts chose the most original, notable and inspiring personalities of Russian business from the long list. The quality of voting and compliance of the selection process was ensured by the independent observer of the award: EY.

Additional information

Reference

RUSNANO Joint-Stock Company was founded in March 2011 through reorganization of state corporation Russian Corporation of Nanotechnologies. JSC RUSNANO contributes to implementation of the state policy on the development of the nanotechnology industry by investing directly and through investment funds of nanotechnology in financially effective high-technology projects providing the development of new production facilities in the Russian Federation. Its primary investment focus is in electronics, optoelectronics and telecommunications, healthcare and biotechnology, metallurgy and metalwork, energy, mechanical engineering and instrument making, construction and industrial materials, chemicals and petrochemicals. 100 percent of RUSNANO’s shares are state owned. Thanks to RUSNANO’s investments, there are currently 115 factories and R&D Centers opened in 37 regions in Russia. JSC RUSNANO has profit for the last 5 years.

Management of assets of RUSNANO JSC is carried out by Limited Liability Company established in December 2013, RUSNANO Management Company. Anatoly Chubais is the Chairman of its Executive Board.

Work to establish nanotechnology infrastructure and carry out educational programs is fulfilled by RUSNANO’s Fund for Infrastructure and Educational Programs, which was also established during the reorganization of the Russian Corporation of Nanotechnologies.