Rosnano will promote JV with Systematica
Rosnano State Corporation and Systematica Group IT Company are creating a JV to develop radio-frequency identification (RFID) labels.
An RFID is a radio label, a small chip which facilitates identification of goods, including taking inventories at warehouses and retail stores. A sum of 690 million rubles will be invested in the project. The new factory will be located in St. Petersburg.
Leonid Goldenberg, President of the Systematica Group, expects that the RFID chips being produced will allow Russian producers of labels to lower their costs, and the integrators of RFID solutions to find new sales markets.
The Systematica Group includes the following companies: Systematica, AND Project, TopS Business Integrator, Landata Scientific and Technological Centre, and Ensys Technologies. According to official information from Systematica, the owners of the head company, Systematica Holdings Limited, are the offshore companies Jord Group Limited, Top-S Networks Limited and Ola Holdings Limited. 20% of Systematica Holdings Limited belongs to the investment division of Alfa Group – A 1