Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Republic of Sakha (Yakutia) to become a Co-Investor for RUSNANO and ONEXIM Group Project through OJSC Republican Investment Company

Abstract:
During a meeting at the St. Petersburg Economic Forum, Anatoly Chubais, RUSNANO CEO, and Vyacheslav Shtyrov, President of Republic of Sakha (Yakutia), decided to include OJSC Republican Investment Company (RIC) as a co-investor for the project titled Solid-State Lighting: New Generation of Environmentally Friendly and Energy Efficient Nanotechnology-Based Lighting.

Republic of Sakha (Yakutia) to become a Co-Investor for RUSNANO and ONEXIM Group Project through OJSC Republican Investment Company

St. Petersburg, Russia | Posted on June 8th, 2009

This project was approved by RUSNANO Supervisory Council in late 2008. Initially, RUSNANO, ONEXIM, and Yalamov Ural Optical and Mechanical Plant (UOMP) were expected to act as co-investors. Since UOMP would have failed to meet the original project completion date, RUSNANO and ONEXIM Group decided to invite RIC as a project co-investor. The Company has committed to provide 626.34 million rubles for project co-financing.

During the meeting, Anatoly Chubais and Vyacheslav Shtyrov decided to continue co-investing in nanotechnology projects, including those to be located in Yakutia. The parties also addresses future cooperation in venture funds foundation and in training personnel in the Research and Education Center of the Ammosov Yakutsk State University, and discussed government procurement of nanotechnology-based products for Northern Regions and the Far East.

As a result of the meeting, Anatoly Chubais, RUSNANO CEO, and Alexander Fedotov, RIC Director General, inked an agreement on cooperation between RUSNANO and OJSC Republican Investment Company (RIC).

OJSC Republican Investment Company (RIC) was founded in 2005 under the Resolution of the Sakha (Yakutia) Government. RIC is one of the largest companies in the Republic of Sakha (Yakutia), its equity capital being 35.2 billion rubles. The Company makes investments into the construction of Berkakit-Tommot-Yakutsk railway under the federal global program pursuing a joint interest of the Russian Federation and the Republic of Sakha (Yakutia) in setting up a unified reliable transportation system in the North-East Region. RIC's activities include financing such programs as installation of gas service in towns and villages, capital construction and renewal of motor roads, power supply facilities, housing, and social facilities in the Republic of Sakha (Yakutia).

####

About RUSNANO
The Russian Corporation of Nanotechnologies (RUSNANO) was established in 2007 by the Federal law 139-FZ to enable Government policy in the field of Nanotechnology.

To accomplish this task, RUSNANO co-invests in nanotechnology industry projects that have high commercial potential or social benefit. Early-stage investment by RUSNANO lowers the risk of its investment partners from the private sector.

RUSNANO participates in building nanotechnology infrastructure, which includes the nanotechnology centers of excellence, business incubators and early stage investment funds. RUSNANO provides scientific and educational programs that are required for its investment projects to succeed, and also supports the popularization of nanoscience and nanotechnology. RUSNANO selects promising spheres for investment based on longer-term foresight created by the leading Russian and world experts.

To assist the Russian nanotechnology industry advance to the global market and strengthening of its international links RUSNANO develops partnerships with the leading nanotechnology centers in the world and organizes the annual Nanotechnology International Forum in Russia.

For more information, please click here

Contacts:
Postal address:
Nametkina Street, 12A, Moscow, Russia 117420.

Contacts:
P.: +7 495 5424444
F.: +7 495 5424434

Copyright © RUSNANO

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

Light and matter merge in quantum coupling: Rice University physicists probe photon-electron interactions in vacuum cavity experiments August 24th, 2016

New microchip demonstrates efficiency and scalable design: Increased power and slashed energy consumption for data centers August 24th, 2016

Tunneling nanotubes between neurons enable the spread of Parkinson's disease via lysosomes August 24th, 2016

Products

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Abalonyx launches Reduced Graphene Oxide Product: Abalonyx has successfully scaled up production of thermally reduced graphene oxide (rGO) in its Tofte, Norway, production facility. This product is now offered to customers in Kg-quantities May 10th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 14th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 10th, 2016

Investments/IPO's/Splits

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

Announcements

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

Light and matter merge in quantum coupling: Rice University physicists probe photon-electron interactions in vacuum cavity experiments August 24th, 2016

New microchip demonstrates efficiency and scalable design: Increased power and slashed energy consumption for data centers August 24th, 2016

Tunneling nanotubes between neurons enable the spread of Parkinson's disease via lysosomes August 24th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic