The government has proposed not to change the composition of the Board of Directors of RUSNANO

The government has proposed a new Board of Directors of JSC “Rosnano”, according to the website of the Cabinet. It is different from the current composition follows from the information on the website “RUSNANO”.

So, to the governing body of the state-owned company nominated by the current Chairman of the Board of Directors, Deputy Prime Minister Arkady Dvorkovich, the head of “RUSNANO” Anatoly Chubais, businessman Viktor Vekselberg, Minister of industry and trade Denis Manturov, Deputy Finance Minister Andrei Ivanov, and others.

In 2015 a group of “RUSNANO”, JSC “RUSNANO” and the criminal code “Rosnano” for the second year in a row was profitable. Its net profit has more than doubled from 8.2 billion rubles to 16.82 billion. According to Chubais, the main contributors to the profit growth were an increase in the fair value of the Fund’s portfolio and selling the assets. The value of the assets of the group grew by 18.6% to 227,7 bn and evaluation of the investment portfolio increased by 23%, to more than 138 billion RUB for the first three months of 2016, the net loss of JSC “Rosnano” amounted to 4.8 billion rubles, which is almost 13 times more than in the same period last year.

JSC RUSNANO was established in March 2011 as a result of reorganization of the Russian Corporation of nanotechnologies. The sole owner of a Corporation is the state.