About Russian Navigation Technologies
Russian Navigation Technologies PLC is the largest developer and manufacturer of the GLONASS/GPS-enabled motor vehicle tracking and control systems in the Russian market and presents a multifunctional intelligent navigation system AutoTracker, which enables comprehensive tracking of traffic and other mobile objects in a real-time mode.
The AutoTracker system optimizes vehicle utilization, automates fleet management, raises drivers’ compliance and ensures control over the state of cargo. The AutoTracker system helps reduce fuel and maintenance costs, rules out vehicle misuse and enhances the investor appeal of the carrier business. As of today, there are over 150,000 vehicles in companies from various industries of the market that are equipped with the AutoTracker system. The Company consists of its own 16 representative offices in Saint Petersburg, Yekaterinburg, Chelyabinsk, Omsk, Noyabrsk, Surgut, Nizhnevartovsk, Tyumen, Perm and other cities of Russia and CIS. Company’s dealership network covers over 50 Russian regions. The total number of dealers reached 95. By 2011 year end, RNT offered services in 25 foreign countries, while the total number of foreign dealers increased to 24.
The Company takes pride in the experience of creating large (about 10,000 transport units) dispatching tracking centers, which is unique for Russia. The users of the AutoTracker system are both public sector enterprises and commercial companies of different sizes: from small and medium to large industry-specific holdings. Among Company’s clients are the leaders of their corresponding industries, such as Tatneft OAO, Bashneft, GazpromNeft, Sibur, TNK-BP, the federal commercial network Magnit, Mosmetrostroy, Cherkizovsky Meat-Processing Factory, PEC (“First Expeditionary Company”), Sberbank of Russia and other. The system is also successfully operated in the state-owned enterprises, for example, Public Roads Administration of Perm, Ecotechprom GUP, Municipal Passenger Transport of Perm, Krasnodar Region Administration and other.
The Company accounts for 28% of the Russian market of vehicle tracking solutions by number of installed units of equipment. In 2011, RNT's consolidated revenue amounted to RUR 664.8 mln, and EBITDA to RUR 87.9 mln. The company’s net profit was up to RUR 67.6 mln in 2011.
On July 7, 2010, RNT launched an IPO on the MICEX Market of Innovations and Investments. The IPO of RNT was lead managed by OTKRYTIYE Investbank and co-lead managed by FINAM Investment Company and Alor Invest. Thus, RNT has become the first Russian venture company to enter IPO.
In 2010, Russian Navigation Technologies, represented by its Director Ivan Nechayev, wasawarded with Zvorykin Award in the “Innovative Product” category.
In 2011, RNT’s success story made its way into the Global Entrepreneurship and the Successful Growth Strategies of Early-Stage Companies Report about the most rapidly growing companies in the world, a presentation of which was held at the World Economic Forum in Davos, and was also included as a business case into the curriculum of the Stanford University and a number of other USA universities’ as an example of successful innovative start-up.
It is for the second year in a row that Russian Navigation Technologies is a technical partner of the St. Petersburg International Economic Forum 2011 and provides GLONASS tracking for the official forum vehicles.
For more detailed information about Russian Navigation Technologies and the AutoTracker system please contact our PR and Marketing Manager, Mnushkina Marya, email@example.com