Business materials for 29 November 2023

News

Innovations Today, Progress Tomorrow: Annual "Time of Innovations" Forum to be Held on December 6-7

The annual "Time of Innovations" Forum will be held on December 6-7 at Radisson Resort, Zavidovo. The event will serve as a dialogue platform where leaders of the Russian innovation industry, experts from the banking, investment, IT, and government sectors will reveal current strategies for implementing innovations that contribute to expanding the possibilities of digital business transformation.

News

NANFU: Leading Premium Player Enters the Russian Battery Market

NANFU, according to Nielsen, the No. 1 battery brand in China with a market share of 85%, is introducing its products to the Russian market and aiming for leadership in the segment. In the six pilot months of 2023, NANFU-branded batteries worth 200 million rubles were sold in Russia, according to Sergey Merkulov, General Representative of NANFU in Russia. The company has already invested 60 million rubles in the market. Planned investments for 2024 are estimated at 282 million rubles. At the same time, products worth 1 billion rubles will be sold, according to NANFU's plan.