Formula Karyery (Career Formula), № 1(10) January 2003

RosBusinessConsulting was among the first hundred companies in the European Technology Fast 500 and ranked 72nd. Deloitte Touche Tohmatsu compiles the rating. Its participants are the leaders among the fastest growing companies involved in advanced technologies. European, Israeli, South African and Russian companies compete for being included in the European Technology Fast 500. Not a single Russian company was able to compete with RBC. There are too few companies in Russia, which would have a transparent business and could provide their annual reports for a three-year period. Other requirements of the Europeans were the following. A company should earn revenues from the new technologies it has developed, develop technological products or allocate resources for research in the field of new technologies, operate for at least three years, have a headquarters in Europe, and have an income of at least EUR50,000 in 1999. The shares of a participant company must be listed on one European stock exchange. Another factor, which influenced the ranking, was the growth rate of a company's revenues in percent terms beginning 1999 until 2002. This figure reached 705.04% for RBC. "The floating of shares and the earlier issue of convertible bonds in December 2001 enabled the RBC group to earn $13.280m and $5m respectively," Igor Lanskoy, RBC's Chief Investment Officer, reported. "These resources will be used for creating the first Russian business television, for purchasing IT companies in Russia and for international development".