December 12, 2017, the winners of the sixth annual National rating of Russian fast-growing high-tech companies “TechUp Rating -2017” were unveiled. LLC “INGEOSERVICE” was announced the winner in 4 categories.
TechUp Rating-2017, organized by RVC, is compiled in partnership with PwC, the Association of innovative regions of Russia and Higher School of Economics National Research University. The most successful participants were sorted out in the following categories: TOP 5 large companies with revenues of 2 billion rubles up to 30 billion rubles; TOP 5 middle-sized companies – with revenue of 800 million up to 2 billion rubles; TOP 5 small companies – revenue up to 800 million rubles; TOP 15 fast growing companies – with revenue growth, TOP 15 innovative companies that produce high-tech products, as well as spend a certain percentage of the turnover on R & D, TOP 15 companies in terms of export volume.
LLC “INGEOSERVICE” was announced the winner in 4 categories:
- TOP 5 companies in the category of “Middle-sized business”
- TOP 10 innovative companies
- TOP 10 companies with high export potential
- TOP 10 fastest growing companies
Private high-tech companies younger than 4 years can participate in TechUp Rating, they should demonstrate average annual revenue growth of at least 10% -20% over the last 5 years, with revenue of the previous year of 100 million up to 30 billion rubles. R & D expenditure of the company should be not less than 5% in the last three years, and expenditure on technological innovation – not less than 10%. The share of new or significantly improved products should be not less than 20-30% of the total revenue of the company.
“Our company applied for the rating for the first time, and the high score suggests that we are on the right track. LLC “INGEOSERVICE” pays great attention to R & D and innovation in the field of high-tech geological-geophysical services. We regularly hold meetings of the scientific and technical board develop our own software, improve production processes,” comments Director General of “INGEOSERVICE” Andrey Lukashov.