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United Shipbuilding Corporation to Be Officially Registered

Maritime Activity Reports, Inc.

July 2, 2007

The RF President's advisor on the military and technical policy Alexander Burutin announced that United Shipbuilding Corporation will be registered not later than July 22 in Saint-Petersburg. Besides, the company's strategy up to 2020 will be opened to public in July-August this year. The strategy will focus on the development of civil ship building. One of the primary objectives of the United Shipbuilding Corporation is to increase the capitalization of assets. Source: FIS

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