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Rosnano asks for additional capitalization, otherwise the corporation may start selling assets

According to Vedomosti, Rosnano turned to Prime Minister Mikhail Mishustin and Finance Minister Anton Siluanov with a request for additional capitalization. Otherwise, the corporation “Rosnano” may start selling assets.

The source writes that at the moment there is a negotiation process on this issue, but the source does not name the amount of additional capitalization. Additional funds will compensate for the loss of the company’s budget. Also, additional capitalization will allow saving portfolio companies and repaying debts to banks.


Rosnano General Director Sergey Kulikov said earlier that the additional capitalization of Rosnano seems to be “an even more effective scenario than clearing the balance sheet and the actual sale of the property complex in order to close debt obligations.” He stated that the amount of the company’s external debt at the end of 2020 was about 150 billion rubles.

Rosnano was founded in 2011. From the moment of its foundation until December 2020, it was led by Anatoly Chubais. On April 15, the head of Rusnano, Sergei Kulikov, asked the Russian prosecutor general to check the company’s operations during the period when it was led by Chubais. Kulikov claims that in 2016 the size of Rusnano’s liabilities exceeded the value of its assets and the company showed signs of bankruptcy. Chubais resigned from the post of special presidential envoy in March and left Russia

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