Company ANGSTREM was founded in the city of Voronezh in 1991. For the period of 20years it developed from a small manufactory to one of the largest producers and operators of Russian furniture market.

Angstrem is a perch which is equivalent to one tenth of nanometer. Accuracy is a background for success in business, and company’s name testifies to our intention to satisfy the wishes of our clients accurate within an angstrem.

Key stages:

• 1991 – foundation of private enterprise “Angstrem” producing training simulator for infants “Skijack”
• 1992 – production of furniture begins
• 1993 – foundation of the first manufactory for the production of furniture
• 1994 – negotiation of the first delivery contract for Italian, and later on German equipment (produced by concern HOMAG)
• 1995 – bulk delivery of furniture in the regions of Russian Federation and CIS begins
• 1998 – the first chain store “Angstrem” opens in the city of Voronezh
• 1999 – negotiation of delivery contract with the Swedish concern “IKEA”
• 2000 – process of diversification of business begins; purchasing of JSC “Promtekstil”, foundation of enterprise for recycling
• 2001 – representative office in Moscow is opened
• 2002 – starting of agricultural business, collective farms “Zvezda”. “Don” , “Khokholskoye” are purchased
• 2005 —development of regional retail chain; representative offices in Novosibirsk, Saint-Petersburg and Kazakhstan are opened; building of stockbreeding complex JSC “Don”
• 2006 – foundation of factory of soft furniture “Divaldi”
• 2007 – the 2nd factory for production of cabinet furniture is set in operation
• 2009 – factory “Diana” (furniture for kitchens and bathrooms) is included into holding company; national award “Company of the year” in the nomination “For the contribution in the development of the industry”; holding company “Angstrem” enters the group of five leaders of the industry
• 2010 – regional retail chain “Angstrem” is the second largest in Russian Federation; foundation of non-commercial educational project School of effective communications “Repnoye”; 9th place in RBK rating of recognizability of brand names.

Prospects for development:

1. To enter the group of three leaders of Russian furniture producers in 2012.
2. To increase the annual turnover up to 10 billion rubles by the year 2014.
3. To triple the selling spaces of retail chain. To develop format of furniture hypermarket for cities with population size over 800 thousand people, to expand the assortment doubly.
4. To build and to set in operation manufacturing- logistic complex – 60 thousand square meters.
5. To introduce innovative approaches into business, to found Center for development new product in the sphere of designing human habitat. To proceed from production of furniture to designing human habitat – the fringe project involving architectural, building, furniture technologies and innovations.
6. Diversification of business.
7. To continue the development of social sphere:

• To build a hostel;
• To found training center for training of technicians;
• Development of educational project for gifted young people of the city – School of effective communications “Repnoye”;
• Development of the project “Generation Angstrem” – professional training of high school students, including profiled high school – VGLTA; carrier counseling of schoolchildren.
• Enlarging the working area for people with restrict abilities (teams of deaf).