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Angstrem (company)

OJSC «Angstrem»
ОАО «Ангстрем»
Industry Electronics
Founded 1963
Headquarters Zelenograd, Moscow, Russia
Key people
Alexander Stanislavovich Dovnar (General Director)
Products Integrated circuits
Revenue Increase 1987 bn roubles (2011)
Increase 19,866 bn rub. (2011)
Number of employees
1571 (2011)
Website http://www.angstrem.ru/

Angstrem Group (Russian: ОАО «Ангстрем», named after angstrom) is a group of Russian companies, one of the largest manufacturers of integrated circuits in Eastern Europe.

The group includes:

Angstrem was founded on June 25, 1963 as NII-336 (Research Institute-336). It was later reorganized into Research Institute of Fine Technology (Russian: НИИ точной технологии, NII tochnoy tekhnologii, NIITT) and "Angstrem" Factory as part of Scientific Production Association "Science Center".

The company, along with Mikron (Moscow, Zelenograd) and "Integral" (Belarus, Minsk), was the main manufacturer of integrated circuits in the Soviet Union.

In 1981 Angstrem was awarded the Order of the October Revolution.

In 1993 NIITT and "Angstrem" Factory were privatized as a single company "Angstrem". Later "Angstrem-M" and "Angstrem-T" were separated into subsidiaries.

The Angstrem-T subsidiary entered a joint venture with the German company (link in German) to produce ICs designed for the production of integrated circuits with topological 0.18 µm. Total investment in the construction of this amounted to about $100 million. However, an additional investment of approximately $100–130 million was invested in the company, primarily for a clean room.

Sergei Veremeyenko acquired control of the three companies in 2004. In June 2008, these companies were transferred to a management company OOO Group Angstrem. In early 2009 50% shares of Angstrem and JSC Angstrem-M owned JSC Coal Trade and JSC "Finance Contract Group controlled by Sergei Veremeyenko", 25% - belongs through the Ruselectronics holding company to the State Corporation Rostec and Russian Federation, 11% - the concern Sitronics, 14% - to minority shareholders. In turn, 100% of the shares of "Angstrem-T" belongs to the companies of "Angstrem" and JSC "Angstrem-M".


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