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:3/29/2017)... CA, USA (PRWEB) , ... March 29, 2017 , ... ... various regulatory subjects has announced its 3rd Annual Medical Device Summit 2017 venue and ... the Omni Parker House Hotel, in Boston, MA. , The Omni Parker House Hotel, ...
(Date:3/29/2017)... , ... March 29, 2017 , ... ... instrumentation for cell-based assays, disperses a quarterly travel award to noteworthy scientists who ... the company announced that its new round of awards are being given to ...
(Date:3/29/2017)... SAN DIEGO and NEWARK, Del. ... Inc. , a privately-held regenerative medicine company, and ... global materials science company, today announced a collaborative research ... develop novel implantable cell therapy delivery device technologies that ... more than a decade, ViaCyte has been developing innovative ...
(Date:3/29/2017)... The Global Microfluidic Chips Market by Manufacturers, Countries, Type ... study on the existing state of the global Microfluidic Chips industry ... and Asia-Pacific , South ... Africa . ... Browse 172 Tables and Figures, 13 Major Company Profiles, spread ...
Breaking Biology Technology:
(Date:2/28/2017)... , Feb. 28, 2017   Acuant , a ... globally, announces significant enhancements to new and core technologies ... New products include mobile and desktop Acuant FRM TM ... - a real time manual review of identity ... technology provides the fastest and most accurate capture software ...
(Date:2/26/2017)... , Feb. 25, 2017  Securus Technologies, a ... solutions for public safety, investigation, corrections and monitoring, ... and Reentry. "Too often, too many ... and county jails are trying to tackle this ... and friends and family members. While significant steps are ...
(Date:2/21/2017)... , February 21, 2017 Der ... US-Dollar wachsen. Nach einem Gespräch mit mehr als 50 Vertretern ... Hindernisse zu überwinden gilt, um diese Prognose zu realisieren. ... ... die Mobilisierung der finanziellen Mittel für die Biobank, die ...
Breaking Biology News(10 mins):