Rusnano

Rusnano
Company typeJoint-stock company[1]
FoundedMoscow, Russia (2007 (2007))
Headquarters
Key people
Anatoly Chubais
(Chairman of the Executive Board and CEO, 2011 - 2020) Sergey Kulikov
(CEO, from December 2020)
ProductsNanomaterials
Revenue$25.9 million[2] (2017)
$187 million[3] (2018)
−$91 million[2] (2017)
Total assets$2.89 billion[2] (2017)
Total equity$1.63 billion[2] (2017)
Number of employees
470 (2010)[4]
Websiteen.rusnano.com

Rusnano Group (Russian: Роснано АО, lit.'Rosnano plc.') is a Russian state-established and funded company. The Rusnano Group's mission is to create competitive nanotechnology-based industry in Russia. Rusnano invests directly and through indirect funds into all major knowledge-based areas where nanotechnology is widely implemented: electronics, optics, telecom, classic and renewable energy, healthcare and biotechnology, materials and metallurgy, engineering and chemistry.[5][6][7]

In 2020 the government of Russia has merged it with VEB.RF.[8] As of 2017 100% shares of Rusnano were owned by the Russian government.[9]

In 2015 Rusnano had 16 investment projects. It invested into about 97 plants and R&D companies in 37 regions of Russia.[10] In 2016 many such enterprises were either dissolved, bankrupted or repurposed (see. below). In 2016 the company was on the verge of bankruptcy significantly devaluating below the equity levels but managed to recover.[11]

In November 2021 trade of company's securities trade was suspended on Moscow Stock Exchange.[12] The same year the company declared net loss of 120 billions rubles, 20 of which were settled, with the rest making into the mid of 2021.[11][12][13]

In June 2022 the company led by newly appointed Kulikov Sergei (Russian: Куликов Сергей) was again on the verge of insolvency.[11]

In October 2022, the media learned that the government was considering liquidating Rusnano. The company's position worsened after the introduction of international sanctions against Russia. Significant assets are supposed to be transferred to other state corporations. Finance Minister Anton Siluanov addressed President Vladimir Putin with a proposal to disband Rusnano.[14]

In September 2023, Vladimir Putin said that there was a “big financial hole” in Rusnano. A month later, the corporation announced its inability to pay its obligations and the possibility of bankruptcy. At this point, the government had not yet decided whether to save Rusnano.[15][16]

  1. ^ "Интерфакс – Сервер раскрытия информации". E-disclosure.ru. Retrieved 14 August 2017.
  2. ^ a b c d "International Financial Reporting Standards Consolidated Financial Statements and Independent Auditors' Report 31 December 2017" (PDF). Retrieved 28 October 2018.
  3. ^ https://www.rusnano.com/upload/images/normativedocs/ROSNANO_MSFO_2018_RUS.pdf. {{cite web}}: Missing or empty |title= (help)
  4. ^ "Fostering Nanotechnology Innovation in Russia - MIT World". Archived from the original on 2012-03-14. Retrieved 2010-06-24.
  5. ^ О Группе «Роснано»
  6. ^ Основные направления инвестиционной деятельности
  7. ^ АО «Роснано»
  8. ^ ""Роснано" и "Сколково" перейдут под управление ВЭБ.РФ". РБК (in Russian). 23 November 2020. Retrieved 2021-03-17.
  9. ^ Роснано вышла из Новых инструментальных решений с IRR более 26 %
  10. ^ "Встреча с главой "Роснано" Анатолием Чубайсом". Официальный сайт Президента России. 2019-03-19. Retrieved 2019-10-30.
  11. ^ a b c ""Роснано" отдало долг в 20 млрд рублей". secretmag.ru (in Russian). Retrieved 2022-06-21.
  12. ^ a b "Will Rusnano file for bankruptcy ?". rusbankrot.ru. Retrieved 2022-06-21.
  13. ^ "Наследство Чубайса. Как "Роснано" оказалось на пороге банкротства". Газета.Ru (in Russian). Retrieved 2022-06-21.
  14. ^ "В правительстве обсуждают ликвидацию "Роснано"". vedomosti.ru (in Russian). 2022-10-19.
  15. ^ ""Роснано" предупредило о риске банкротства". rbc.ru (in Russian). 2023-10-03.
  16. ^ "Путин не исключил связь отъезда Чубайса с "дырой" в "Роснано"". rbc.ru (in Russian). 2023-09-12.

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