Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International

Wikipedia Affiliate Button

Home > Press > Sistema signs cooperation agreement for innovation programmes

Abstract:
Sistema JSFC ("Sistema" or the "Group") (LSE: SSA), the largest diversified public financial corporation in Russia and the CIS, today announces that it has signed a non-binding agreement with the State Atomic Energy Corporation Rosatom and the Rusnano Foundation for Infrastructure and Educational Programmes to jointly develop a cluster for R&D and manufacturing, which will be based at the Sarov technology park. The agreement was signed at the Rusnanotech 2011 International Nanotechnology Forum.

Sistema signs cooperation agreement for innovation programmes

Moscow, Russia | Posted on October 26th, 2011

The aim of the high-technology cluster is to develop an innovation hub, which will offer FSUE RFNC-VNIIEF (the Russian Federal Nuclear Centre), Rosatom, Sistema's subsidiaries and Rusnano project companies an advantageous base from which they can develop and implement various innovative projects. The centre's general initiatives will include:

- National high-tech innovation projects;

- Raising private capital for on-going projects which will complement state funding;

- Providing workplaces for nuclear specialists and enable them to make efficient use of facilities made available by the FSUE RFNC-VNIIEF;

- Providing workplaces for young technology professionals and reducing the outflow of high-skilled labour from Russian industries involved in advanced technologies; and

- Developing a large innovation centre, which will be based at Sarov technology park (located at Satis, Diveyevo district, Nizhny Novgorod region).

The agreement will enable each party to cooperate in a mutually beneficial manner in the following fields of technology:

- Strategic information and nuclear technologies, including the creation of supercomputers and custom software;

- Space technologies, including telecommunication technologies;

- Energy efficient and energy saving technologies, including the development of advanced integrated systems;

- Nanotechnologies and the development of products which contain nanotechnology materials.

####

About Sistema JSFC
Sistema is the largest diversified public financial corporation in Russia and the CIS, which invests in and is a major shareholder of companies serving over 100 million customers in the sectors of telecommunications, high technology, oil and energy, radars and aerospace, banking, retail, mass-media, tourism and healthcare services. Founded in 1993, the company reported revenues of US$ 9.0 billion for the second quarter of 2011, and total assets of US$ 46.6 billion as at June 30, 2011. Sistema’s global depository receipts are listed under the symbol “SSA” on the London Stock Exchange. Sistema’s ordinary shares are listed under the symbol “AFKS” on the RTS Stock Exchange, under the symbol “AFKC” on the MICEX Stock Exchange, and under the symbol “SIST” on the Moscow Stock Exchange (MSE). Sistema was ranked number 342 in the 2010 edition of the Fortune Global 500 list.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Sistema. You can identify forward looking statements by terms such as “expect,” “believe,” “anticipate,” “estimate,” “intend,” “will,” “could,” “may” or “might” the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. In addition, there is no assurance that the new contracts entered into by our subsidiaries referenced above will be completed on the terms contained therein or at all. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to Sistema and its operations.

This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities of JSFC Sistema and/or any of its subsidiaries and affiliated companies, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto, nor does it constitute a recommendation regarding the shares or securities of JSFC Sistema and/or any of its subsidiaries and affiliated companies.

Short Name: JSFC Sistema
Category Code: MSC
Sequence Number: 296215
Time of Receipt (offset from UTC): 20111026T153843+0100

For more information, please click here

Contacts:
Investor Relations
Evgeniy Chuikov
Tel.: +7 (495) 692 1100


Public Relations
Vsevolod Sementsov
Tel: +7 (495) 730 1705

Copyright © Business Wire

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

Drilling speed increased by 20% – yet another upgrade in the oil & gas sector made possible by graphene nanotubes January 15th, 2019

Chirality in 'real-time' January 14th, 2019

New materials could help improve the performance of perovskite solar cells January 11th, 2019

Media invited to open meeting on the future of quantum technology held at RIT Jan. 23-25: Leaders from NASA, NSF, NIST and Sandia National Laboratory to attend January 11th, 2019

Materials/Metamaterials

Drilling speed increased by 20% – yet another upgrade in the oil & gas sector made possible by graphene nanotubes January 15th, 2019

2D materials may enable electric vehicles to get 500 miles on a single charge January 11th, 2019

New materials could help improve the performance of perovskite solar cells January 11th, 2019

Spintronics 'miracle material' put to the test: Physicists build devices using mineral perovskite January 11th, 2019

Announcements

Drilling speed increased by 20% – yet another upgrade in the oil & gas sector made possible by graphene nanotubes January 15th, 2019

Chirality in 'real-time' January 14th, 2019

Spintronics 'miracle material' put to the test: Physicists build devices using mineral perovskite January 11th, 2019

Cartilage could be key to safe 'structural batteries' January 11th, 2019

Energy

Drilling speed increased by 20% – yet another upgrade in the oil & gas sector made possible by graphene nanotubes January 15th, 2019

New materials could help improve the performance of perovskite solar cells January 11th, 2019

Physicists uncover new competing state of matter in superconducting material January 4th, 2019

Revealing hidden spin: Unlocking new paths toward high-temperature superconductors: Berkeley Lab researchers uncover insights into superconductivity, leading potentially to more efficient power transmission January 4th, 2019

Aerospace/Space

Superfluidity: what is it and why does it matter? December 20th, 2018

Three CEA Projects Awarded European Research Council Synergy Grants November 26th, 2018

'Smart skin' simplifies spotting strain in structures: Rice U. invention can use fluorescing carbon nanotubes to reveal stress in aircraft, structures November 15th, 2018

Epoxy compound gets a graphene bump: Rice scientists combine graphene foam, epoxy into tough, conductive composite November 14th, 2018

Events/Classes

Media invited to open meeting on the future of quantum technology held at RIT Jan. 23-25: Leaders from NASA, NSF, NIST and Sandia National Laboratory to attend January 11th, 2019

Nanometrics to Participate in the 21st Annual Needham Growth Conference January 7th, 2019

CEA-Leti’s RRAM-based TCAM Circuits Meet Requirements of Multicore Neuromorphic Processors December 5th, 2018

CEA-Leti Moves 3D Sequential Integration Closer to Commercialization: Paper Presented at IEDM 2018 Describes Breakthroughs in Six Process Steps December 3rd, 2018

Alliances/Trade associations/Partnerships/Distributorships

Oxford Instruments participates in the launch of the European Quantum Technology Flagship Programme ‘QMiCS’ December 13th, 2018

Elliot Scientific now representing Raman Imaging specialists WITec in the UK and Eire - Unique correlative analysis in one instrument: Raman/AFM, Raman/SNOM December 10th, 2018

CEA-Leti and Silvaco to Develop GAA SPICE Compact Models for Circuit Design and Technology Co-optimization: Project Combines CEA-Leti’s Compact Modeling Expertise And Silvaco’s Extensive Experience in SPICE Compact Model Integration and Extraction December 3rd, 2018

An important step towards completely secure quantum communication networks November 30th, 2018

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



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project