Russia Will Consolidate its Shipbuilding Industry
Russia's shipbuilding industry has launched a sweeping modernization program. President Vladimir Putin has signed decrees setting up a United Shipbuilding Corporation (known by its Russian initials, OSK) to consolidate large federal companies engaged in shipbuilding. Within the next few months, three regional subholdings will be formed. One of them - the Western Center - will unite shipbuilding companies in St. Petersburg and Kaliningrad. The Northern Center will take care of all Severodvinsk plants in the Arkhangelsk Region, and the Far Eastern Center will bring together companies located in Komsomolsk-on-Amur, Vladivostok and Nakhodka.
Putin Vows to Sign Ordinance on United Shipbuilding Corp.
President Vladimir Putin has said that he will sign a decree on the establishment of the United Shipbuilding Corporation on Wednesday. First Deputy Prime Minister Sergei Ivanov said at a Monday meeting of the Cabinet that the entire government and specific ministries had approved the document but it still needed approval by the prime minister. Source: Interfax
Putin Orders the Creation of State Shipbuilding Champion
President Vladimir Putin ordered the government and the Industry and Energy Ministry to prepare a draft decree on setting up a state-controlled shipbuilding compan, Moscow Times reported. Shipbuilding is one of the three industries that the government wants to develop as part of its drive to diversify the economy away from oil and gas exports -- a bid spearheaded by First Deputy Prime Minister Sergei Ivanov. The other two sectors are the aircraft-building and space industries. The decree should be completed within the week, Putin said at Monday's Cabinet meeting. Putin added that Ivanov would supervise the creation of the company. An Industry and Energy Ministry spokeswoman said Monday that she was unaware of any prospective candidates to head the company.
Three Shipbuilding Holdings to be Established in Russia
At least three shipbuilding holdings will be established in Russia, Deputy Prime Minister, Defense Minister Sergei Ivanov. He said at President Vladimir Putin’s meeting with the government on Monday that he was ready to submit concrete proposals on Wednesday. He also said that he would meet Industry and Energy Minister Viktor Khristenko over this matter on Tuesday. Source: ITAR
