Luc Jones of Antal Russia wrote in his recent publication: “Russia is not a country where you can just show up and make a quick buck – you need to be in it for the long term. Many have tried and failed, but even more have done extremely well in Russia.” Finnish-Russian economic co-operation has been intensively in the spotlight recently, as the growing Russian market offers plenty of business opportunities for Finnish companies. Though entering the Russian market requires careful planning, and it is vital to get expert advice.
Rules of Innovation Will Change in Moscow in October
Spinverse participated at the Skolkovo Village Start-Up event May 26-28th as an official Conference Sponsor
On March 12th Beneq opened a subsidiary and operations in Saint Petersburg to commercialise its atomic layer deposition technology (ALD) in the Russian market. As part of the overall strategy, the company will sign an agreement to launch a joint laboratory for research and development of industrial applications in ALD with Saint Petersburg State Electrotechnical University (SpbGETU).
Beneq, world-leading provider of thin film coating equipment for research and industry, has on November 1st announced its plans to establish operations in Russia and the CIS following the investment of 25 million euros in Beneq by Rusnano in April, and as a part of its planned expansion into existing and emerging markets. The company’s operations in Russia, both in the fields of research and industrial sales, are projected to exhibit a rapid increase during the coming years, and these customers will be best served by a local organization.
The measurement of chemicals develops with Russian technology
Today in his speech, Mr Pekka Koponen, CEO of Spinverse Ltd, highlighted the importance of co-operation in high-tech and innovation between Finland and Russia, stating: “Nanotechnology, the atomic-level precision in developing new materials, is predicted to be the most fundamental force for new products in all industries. The area is funded by billions per year, Rusnano being one of the largest individual investors globally.”
The miserable state of Finnish growth company funding continues. Even though there has been slight improvement in early stage funding, growth funding still needs to be retrieved from abroad. Stock exchange listings are missing. Could the Helsinki Stock Exchange just be shut down?
Materials for the second FRIAN Partner Day are now available:
New collaboration on developing cost-efficient environmental solutions
Russia-based AgroBioTech LLC and Finnish Luna Clean Tech Oy agreed to collaborate in the area of...
Nanotechnology commercialisation challenges and opportunities arising from cross-border cooperation
The Finnish-Russian Innovation Alliance on Nanotechnology Partner...
Accessing new ways of innovation funding and technology transfer services
On Wednesday, 25th of May 2011 in Lappeenranta, Finland, in the framework of the second EU-Russia Innovation Forum, Spinverse announced that it is seeking partners for the Finnish-Russian Nanotechnology Innovation Alliance project.
Finnish-Russian Innovation Alliance on Nanotechnology announce new members
Five leading universities and research institutes already have joined Finnish-Russian Innovation Alliance on Nanotechnology, adding cutting edge competence to the Alliance on both sides of the Finnish-Russian border.
Spinverse announces the launch of Finnish-Russian Nanotechnology Innovation Alliance
15th March 2011, St. Petersburg: “Nanotechnology is a strong growth sector in both Finland and Russia. Finnish-Russian Nanotechnology Innovation Alliance will bring together leading innovators, global industry leaders and public and private funding agencies for success of both countries. The Alliance will bring more jobs and prosperity by speeding up commercialization of nanotechnology based innovations.”, says Spinverse CEO, Pekka Koponen.
Spinverse’s Managing Director, outlines the possibilities that Russia once again offers for Finnish companies. The long period of silence following the collapse of the Soviet Union – which also plunged the Finnish technology industry into a major crisis – is at an end. The column was originally published in Kauppalehti on 28th February 2011.
Matryoshka going nano?
The first EU-Russia Innovation Forum was held in Lappeenranta, Finland on May 25th -27th 2010. The event, whose attendees included the Prime Ministers of Russia and Finland, featured a keynote presentation on the role of commercialisation in innovation from Spinverse CEO Pekka Koponen.