Navigation Links
Russia's Top 50 Fast-Growing High-Tech Companies
Date:11/19/2013

MOSCOW, November 19, 2013 /PRNewswire/ --

The second TechUp ratings for Russia's fast-growing high-tech companies have been published. "TechUp-2013" was organized by RVC in partnership with the Association of Innovative Regions of Russia (AIRR), Vnesheconombank (VEB) and the PwC audit and consulting network.

     (Photo: http://photos.prnewswire.com/prnh/20131118/653603-a )
     (Photo: http://photos.prnewswire.com/prnh/20131118/653603-b )
     (Photo: http://photos.prnewswire.com/prnh/20131118/653603-c )
     (Photo: http://photos.prnewswire.com/prnh/20131118/653603-d )

The rating started in 2012 to determine Russia's most dynamic innovation and technology companies. In 2013, PwC developed the methodology. Companies meeting the following criteria were assessed:

  • revenues of 100 million to 10 billion rubles
  • average annual revenue growth of at least 15%
  • average expenditure on R&D and technology innovation of 2-10% of revenues.

The rating only included companies which exceeded the average performance levels for their respective sectors over the past three years. Further key criteria could include the successful market launch of at least one new product or service based on the company's own intellectual developments or raising at least 30% of revenues from sales, depending on the sector.

Russia's technological development is reflected by the companies represented in the study: 36% of them are ICT companies, 32% work in mechanical, instrument and electrical engineering. Some 18% work in pharmaceuticals and medical devices, 8% are involved in chemistry and environmental protection and 6% represent construction and materials. The rating collected data on more than 100 Russian tech companies.

The companies in the "TechUP-2013" Top-50 have a combined revenue of 67.131 billion rubles and an average growth rate 71.9%. Their collective spend on R&D was 5.644 billion rubles, representing 8.4% of their total revenue. Their expenditure on technological innovations totaled 11.472 billion rubles, or 17.1% of their revenue.

Top-10 largest companies (by revenue)

  • INTERSKOL
  • I.T. Group Co.
  • Armada
  • NIPK ELECTRON СО.
  • Metran Industrial Group
  • PROGNOZ
  • Biocad Biopharmaceutical Company
  • ELAR (Electronic Archive Corp.)
  • GEROPHARM
  • Medical Technologies Ltd.

Top-10 fastest-growing companies (by revenue growth rate)

  • Energy saving automation center
  • Institute of Environmental Design
  • TION
  • Danaflex-Nano
  • SMART SOLUTIONS Software Engineering Company
  • Research and industrial enterprise NIIPAV
  • BARS Group
  • Т8 LLC.
  • Astrafarm pharmacy
  • Open code

Top-10 most innovative companies (by technology level, originality, intellectual property, and investment in R&D).

  • Alawar entertainment
  • SMART SOLUTIONS Software Engineering Company
  • LLC Research & Production Enterprise PRIMA
  • Astrafarm pharmacy LLC.
  • Human Stem Cells Institute
  • Laser Systems Company
  • Speech Technology Center
  • Diakont
  • NIPK ELECTRON СО.
  • ObninskEnergoTech

Detailed information about the rating is available at http://www.ratingtechup.ru/en/rate

Contact information:

Open Joint-Stock Company "RVC"
Yulia Davydova
+7(495)777-01-04 ext. 355
davydova.yv@rusventure.ru 

 



'/>"/>
SOURCE Open Joint-Stock Company “RVC”
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. How butterfly wings can inspire new high-tech surfaces
2. Turning plastic bags into high-tech materials
3. Piqua Compounding Pharmacy Is First Worldwide to Add High-Tech Mixing System to Ensure Accuracy, Efficiency
4. LABS, Inc. Among Colorados Top Private Companies
5. Animal Biotechnology - Technologies, Markets and Companies
6. Gene Therapy - Technologies, Markets and Companies
7. Biomarkers - Technologies, Markets and Companies
8. Hadasit Bio-Holdings Ltd. Reports Significant External Financing for Portfolio Companies
9. At-the-Market Offerings (ATM) of Life Sciences Companies Perform Well in Weak Follow-on Financing Environment of Third Quarter
10. Chandler Chicco Companies Acquires Haas & Health Partner Public Relations and SanCom Creative Communication Solutions, Creating Unrivalled Healthcare Communication Capability in Germany
11. Cytogenetics - Technologies, Markets and Companies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... -- Alex,s Lemonade Stand Foundation (ALSF), a leading national childhood ... state-of-the-art bioinformatics lab, using ,big data, to advance the ... Liz Scott , co-executive director of ALSF and ... Washington, D.C. , hosted by Vice ... of pediatric cancer research and awareness. ...
(Date:6/27/2016)... -- Global demand for enzymes is forecast to grow ... billion.  This market includes enzymes used in industrial ... animal feed, and other markets) and specialty applications ... beverages will remain the largest market for enzymes, ... containing enzymes in developing regions.  These and other ...
(Date:6/27/2016)... - BIOREM Inc. (TSX-V: BRM) ("Biorem" or "the Company") announces ... Clean Technology Fund I, LP and Clean Technology Fund ... venture capital funds which together hold approximately 59% of ... as converted basis), that they have entered into an ... in Biorem to TUS Holdings Co. Ltd. ("TUS") (en.tusholdings.com) ...
(Date:6/27/2016)... SAN DIEGO , June 27, 2016  Sequenom, ... company committed to enabling healthier lives through the development ... Supreme Court of the United States ... Federal courts that the claims of Sequenom,s U.S. Patent ... the patent eligibility criteria established by the Supreme Court,s ...
Breaking Biology Technology:
(Date:6/9/2016)... , June 9, 2016 ... deploy Teleste,s video security solution to ensure the safety of ... during the major tournament Teleste, an ... systems and services, announced today that its video security solution ... to back up public safety across the country. The ...
(Date:6/3/2016)... 2016 Das DOTM ... Nepal hat ein 44 Millionen ... Kennzeichen, einschließlich Personalisierung, Registrierung und IT-Infrastruktur, an ... und Implementierung von Identitätsmanagementlösungen. Zahlreiche renommierte internationale ... teilgenommen, aber Decatur wurde als konformste und ...
(Date:6/2/2016)... --  The Weather Company , an IBM Business (NYSE: ... in which consumers will be able to interact with IBM ... voice or text and receive relevant information about the product ... have long sought an advertising solution that can create a ... and valuable; and can scale across millions of interactions and ...
Breaking Biology News(10 mins):