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Leonid Melamed, head of the state-controlled Rosnanotekh corporation
Photo: Dmitry Dukhanin
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Feb. 05, 2008
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Russia Eyes 4 Percent of Nanotech Market
The nanotech enterprises of Russia will cover 4 percent of the global market in the following seven to eight years, vowed Leonid Melamed, who heads the state-controlled Rosnanotekh corporation.
“The task has been set clearly – 4 percent of the global market in 2015. It’s those 4 trillion rubles that are to be generated by that date on aggregate,” Melamed told reporters during the press conference held in Interfax Tuesday.

Roughly 17 percent of the product will be made by using nanotechnology by 2014, Melamed announced, specifying that, nowadays, the composite materials produced by using nanotechnology account for roughly 40 percent of Boeing’s aviation product.

“In Russia, the material has been created, which is two-times more durable than the steel and four times lighter than it,” the official pointed out. At the same time, Melamed went on, Russia is behind other leading nations in terms of private investments in nanotechnology. In the United States, for instance, some $3 billion was injected in nanotechnology in 2007, while the amount in Russia was just a few dozen million dollars at best.
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