The Law Firm "YUST" consulted RUSNANO on a transaction with Rosatom, aimed at the implementation of a joint project: commencement of production of a new class of nanostructural electrotechnical wires.

OJSC “RUSNANO” and OJSC “TVEL” (a venture of the state corporation “Rosatom”, which consolidates assets related to the fabrication of nuclear fuel) launch a joint project of fabrication of extra durable nanowires on the base of the designs of OJSC “A.A. Bochvar High-technology Research Institute of Inorganic Materials”. Expected investments are of 1,02 billion roubles. It is planned to supply this production to aerospace and ship building industry. The production may also be used for fabricating scientific equipment, electric miniengines, and for the contact network of high speed railways.

A set of documents on the transaction was signed on August 5, 2011. The documents fixed different aspects of interaction of the project participants: its financing and implementation within the scope of specially created project company – Scientific and Industrial Venture “NANOELECTRO”, tasked with direct fabrication of the production.

Anna Kotova-Smolenskaya, Associate Partner at the Firm, Denis Shumskiy, Advocate at the Firm, Maria Bilyk and Roman Cherlenyak, Lawyers at the Firm, rendered legal support of the transaction from the part of OJSC “RUSNANO”.