Angstrem (company)


Angstrem JSC is a corporation involved in the design and manufacturing of electronic products and semiconductors.

History

Angstrem was founded on June 25, 1963, as NII-336. It was later reorganized into Research Institute of Fine Technology and "Angstrem" Factory as part of Scientific Production Association "Science Center".
The company, along with Mikron and "Integral", was the main manufacturer of integrated circuits in the Soviet Union.
In 1981 Angstrem was awarded the Order of the October Revolution.

Post-Soviet

In 1993 NIITT and "Angstrem" Factory were privatized as a single company "Angstrem".
The Angstrem-T subsidiary entered a joint venture with the German company :de:M+W Group|M+W Zander 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 percent shares of Angstrem and JSC Angstrem-M owned JSC Coal Trade and JSC "Finance Contract Group controlled by Sergei Veremeyenko", 25 percent - belongs through the Ruselectronics holding company to the State Corporation Rostec and Russian Federation, 11 percent - the concern Sitronics, 14 percent - to minority shareholders.
In August 2009, it was reported that Veremeyenko planned to transfer its stake in OAO "Angstrem", JSC "Angstrem-M", "Renaissance Capital", Federal Property Management Agency and Management "Angstrem" in exchange for a promissory note debt, which is estimated at 200 million rubles.

Current prospects

In June 2012, JSC "Russian electronics" increased its stake in OAO "Angstrem" up to 31 percent.

Products