Sredne-Nevsky, Aveva Signs Contract

February 18, 2009

Aveva (LSE:AVV), the leading supplier of engineering IT systems for the plant and marine industries announced the signing of a $1.3m contract with Sredne-Nevsky Shipbuilding Plant (SNSP), Russia.

Aveva solutions were selected because they are able to coordinate and manage data so that project costs and time can be minimized. The shipyard is able to quickly produce design and production documentation that will reduce construction time and increase accuracy in both hull production and outfitting construction. Using Aveva solutions also cuts down construction costs by more effectively managing the pre-assembly production documentation for each step of the building process.

SNSP, situated near St Petersburg in Russia, offers a wide range of services in shipbuilding, modernization and repair of ships and related constructions made of aluminium, steel and fibreglass. Both defence and civil orders are handled by SNSP: the former including minesweepers, missile boats and the topsides of corvettes; the latter, tugboats, fireboats and floating fuel stations.

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