Founded in 1993 as a small financial and economic information agency, RBC is now a public company that has attained undisputed leadership on the business news market, while its RBC brand is one of the most popular ones among the Russian media. The majority of Russian businessmen and entrepreneurs have chosen RBC's primary resource (www.rbc.ru) as their home pages, while major financial organizations have their TVs tuned invariably into RBC TV throughout the day. In 2006, RBC's total business audience on the Internet and television reached 12m people.
RBC has consolidated over 15 business, thematic and entertainment Internet resources, with their total audience numbering some 1.6m unique visitors a day, and over 14m users a month. High quality of RBC's information products and their popularity among target audiences are appealing to both Russian and foreign advertisers, with their total number surging above 2,300.
RBC TV is Russia's first and only business television channel. RBC TV reaches out to more than one third of the country's population. According to independent surveys, its monthly audience has reached virtually 9m viewers, and in terms of average viewing time RBC TV matches that of national channels. The channel cooperates actively with CNBC, CNN and Bloomberg, the world leaders in news broadcasting and distribution of economic information on western markets.
In 2006, RBC seriously expanded to the print media. The company launched the RBC monthly business magazine and the RBC Daily colourful daily business newspaper. Additionally, RBC acquired a 60% stake in the EDI S PRESS Holding publishing house that specialises in interior and design magazines. Its flagship publications - Salon Interior and Idei Vashego Doma are the leaders in this niche.
From 2000 till 2007, the Company had a separate division, which was providing information technology (IT) services and was developing software. It has succeeded and won recognition among its clients and partners in this fast developing segment of the Russian market. For instance, RBC has joined the top ten of Russia's largest software vendors in 2005 based on iOne rating. In 2007 RBC has successfully spun off its IT division, which is now a separate company named OAO Armada.
High-quality corporate governance has remained among RBC's key priorities. Adherence to shareholders' interests, openness and transparency are the key components of the Company's corporate governance policy that underlies all its decisions. RBC has become the first company in contemporary Russia to make an IPO (initial public offering) on the domestic market. RBC's shares are trading on Russia' s largest stock exchanges - MICEX and RTS. Additionally, RBC has the 1-level ADR program with the Bank of New York. ADRs are trading on the over-the-counter market.