The new plant MSLR in Vladimir will produce circuit boards for electronic devices, especially light-emitting diodes that require heat dissipation.
The launch of new production is the first result of cooperation between RUSNANO and Israeli hi-tech companies with the direct involvement of the venture fund created by the Russian Venture Company.
The total project budget is 868 million rubles, including $120 million of Rusnano.
The company will initially produce 10,000 panels a month, which as an example is enough to produce more than one million LED lamps.