The document was signed by Sergey Gorkov, Director General - Chairman of the Board of Rosgeo, and Michail Oseyevskiy, President of Rostelecom.

The agreement stipulates a wide range of areas for cooperation, including implementation of a unified policy for development of digital economy in Russia, introduction of digital technologies in operating activities of the parties, arrangement of conferences, seminars and presentations, as well as preparation and release of scientific, informative and other publications.

"Our company is now actively changing its technological landscape: we build a unified network space that allows to connect the technology services to the field crews working in the most remote areas, we automate the entire stack of the Holding business processes, introduce systems for the live monitoring and recording of production functions. All changes are aimed at improving the operational efficiency of geological exploration. With that in mind we are clearly heading to introduction of national technological solutions. The strategic partner in the ongoing digital transformation is Rostelecom, which expert and technological capabilities allow us to resolve the most complicated tasks, including the main goal - to create a fully functional national digital geological data processing platform", said Sergey Gorkov, Director General of RosGeo.

Rostelecom has considerable resources, experience and state-of-art developments for implementation of projects on introduction of the digital economy elements. We are prepared to provide the ready-made digital tools and solutions primarily associated with introduction of modern technologies for data collecting, storing and processing, which will help quickly turn into a unified system of digital economy", said Michail Oseyevskiy, President of Rostelecom.

REFERENCE

RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields. RosGeo is a fully state-owned company.

Rostelecom is the largest in Russia integrated provider of digital services and solutions, which is present in all market segments and covers millions of households, public and private organizations.

The company holds a leading position in the market of high-speed Internet access services and pay-TV. The number of subscribers of broadband services exceeds 13.5 million, the number of Rostelecom pay-TV users attains 10.8 million, of this number more than 6.2 million - IPTV. A subsidiary of Rostelecom, the operator Tele2 Russia is a major player in the mobile communication market, which jointly with Rostelecom renders the services for over 46.6 million subscribers, it is a leader in terms of the NPS (Net Promoter Score) index, i.e. people, who are ready to recommend the company services.

Rostelecom is a leader of telecommunication market for Russian public authorities and corporate users at all levels.

The company is a recognized technology leader in innovative solutions in the area of e-government, cybersecurity, data processing centers and cloud computing, biometrics, health, education, utility services.