Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Rusnano to Improve Efficiency Ahead of IPO
28.01.2013 09:20
Rusnano to Improve Efficiency Ahead of IPO
Photo Credit: http://mpkm.org

Rusnano, Russia’s major state investment fund, is enforcing a rigorous redundancy program in a move to cut down on its administration costs.


      
Its head Anatoly Chubais told Vedomosti daily that his aim is to bring down management costs from 2.5 to 1-1.5 percent to match the standards of the world’s leading investment institutions.

      
In 2012, the corporation downsized some 15 percent of its staff, mainly in the back office, he said. 

      
Rusnano was set up in 2007 as a state investment corporation and transformed into a joint stock company in 2011. Now the institution worth  getting ready to an IPO.

      

 




Author: Mikhail Vesely

Tags: Rusnano Russian startups investment in Russia Anatoly Chubais  

Next Previous


You might also find interesting:

Mass Production of Aurus Cars will be Launched
23.01.2019
Vkontakte Launched New Service for Businessmen
31.10.2018
1 - the Most Popular Russian Franchise
23.04.2019
The Most Popular Online Services for Entrepreneurs
25.04.2019
A Special Tax Regime for Foreign Companies will be Introduced on the Russian Islands
24.08.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Mercedes-Benz Fashion Week Russia  Musicals in Moscow  Russian Avant-Garde  Russian tourists  Moscow  Russian winter  St. Petersburg  Russian journalists  Russian tourism  Russian Cinema  Russian business  Dmitry Peskov  Bolshoi Theatre  contract  Russian travel destinations  River taxi   Nikolay Suyetin  Russian regions  Russian women  Krayinvestbank   Kyshtym  Alisher Usmanov  travel to Russia  Oleg Mavromati  Kuznetsky Alatau  Nonconformism  Omsk  Multimedia Art Museum  Lipetsk Region  ExoMars 2016  5th Moscow Biennale  Russian retail industry  Costa Concordia liner crash  airports  Exhibitions in Moscow  Glassware  Burial Grounds  Rostov  AvtoVAZ   Embargo  Russian businessmen  Russian space exploration  Russian political parties  Moscow-St. Petersburg trains  Alexander Sergeev  Sakhalin  Kaliningrad  Festivals in Moscow  European Championship 2016  Kizhi 


Travel Blogs
Top Traveling Sites