RESIDENT OF SEZ TECHNOPOLIS MOSCOW PLACED BONDS ON THE MOSCOW EXCHANGE FOR 250 MLN RUBLES
The resident of the special economic zone (SEZ) of the capital, B4com Tech, has placed three-year bonds on the Moscow Exchange for a total of 250 million rubles. The funds raised will be used to develop the production of IT and telecommunications equipment as informed by Alexander Prokhorov, Head of the Department for Investment and Industrial policy of Moscow.
“B4com Tech releases routers, cloud software, switches, and personal computers. The securities demand of the manufacturer of innovative equipment for IT and telecom has exceeded the supply. Funds raised as a result of the bonded loan, B4com Tech invests in its production development in SEZ Technopolis Moscow - the purchase of equipment and new inventions, including software”, said the Head of the Department.
The bonds were placed on June 4 available for both legal entities and individuals. The coupon rate on the securities will be 11.25 percent.
About 80 percent of B4com Tech's revenue comes from its key clients - Sberbank, Rostelecom and the United Energy Company. The routers manufactured by the enterprise today account for 60 percent of sales in the Russian market stated Gennady Degtev, CEO of SEZ Technopolis Moscow.
“The bond loan received by B4com Tech will expand its product line and enable the company to take an even more significant share of the market for routers, routers and switches, including through the launch of a series of innovative researches, in which the company invested over 60 million rubles in 2020. By the end of 2021, B4com Tech plans to expand the number of distribution channels to 10 and start exporting them to the CIS countries”, Gennady Degtev added.
The global goal of B4com Tech is to become the Number One Original Design Manufacturer not only in Russia, but also in Europe, that is, to create design, develop and produce a product themselves. Now with the funds raised from bonds on the Moscow Exchange there are all the possibilities for this, declared Oleg Larionov, CEO of B4com Tech.
“Currently, the company continues the creation of innovative products - a new type of router with SD-MAN technology, routers with 5G support and a switch for data centers capable of transmitting a signal at a speed of 100-400 Gbps. All of them are high-opportunity products. We even expect to enter the markets of Singapore, Malaysia, India and Latin America in 2022”, he added.
B4com Tech has been developing and integrating solutions in the field of information technology, telecommunications and data transmission, as well as the production of radio electronic equipment since 2015. The company became a resident of the special economic zone Technopolis Moscow in 2019, and a year later launched a plant with an area of 1000 sq. meters and a capacity of 50 thousand devices per year. B4com Tech owns patents for the SD MAN secure data transmission technology and is included in the Unified Register of Telecommunication Equipment of Russian Origin (TORP) of the Ministry of Industry and Trade of the Russian Federation. In May 2021, the National Credit Ratings Agency assigned B4com Tech a credit rating of ruBBB with a stable outlook.