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RT-Business Development

Company

RT-Business Development (RT-RB) is an investment company that manages financial and industrial groups and holdings in the interests of Rostec Group of Companies.

Owners:
Rostec (state corporation)

Assets

Owners

+ RT-Business Development (RT-RB)

RT-RB implements the corporation's strategy to increase the capitalization of commercial high-tech, resource and related infrastructure projects. RT-Business Development was established in 2014 and is a 100% subsidiary of Rostec Group of Companies. The management structure of RT-RB is based on the best global practices of corporate management of investment projects.

History

2021: Buy a stake in drone service developer Fly Drone

July 23, 2021 it became known about the purchase by Rostec of a stake in Fly Drone. This is evidenced by the data of SPARK-Interfax. More details here.

2016

Transfer of "Rusinformexport" control to NDT

In December 2016, RT-Business Development informed TAdviser that Rostec State Corporation approved the transfer of the asset management of Rusinformexport LLC from RT-Business Development LLC to the direct management of National Center for Informatization LLC. This decision was preceded by a conflict between the general director of Rusinformexport and the sponsor of the project - the head of SoftsoundIgor Borovikov. More details here.

Creation of Rusinformexport to export IT solutions with the money of Igor Borovikov

On June 8, 2016, Rostec State Corporation announced the creation of a separate structure through its RT-Business Development investment holding, which will be responsible for exporting Russian IT solutions to the global market. The new company was called Rusinformexport LLC.

It will promote unique digital products at the international level, which will, in particular, attract additional foreign exchange financing to the high-tech segment of the Russian economy, Rostec said. More details here.

Rostec has created a new structure to promote Russian digital products on the international market

Agreement with China CYTS Industrial Development to establish a fund for investments in Russian projects

In early June 2016, RT-Business Development agreed with China CYTS Industrial Development to create a fund for investments in Russian projects in the field of IT and high technology.[1]