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2009 September 22   12:27

Krasnoye Sormovo shipyard buys out 100% of Volgo-Caspian Design Bureau

Krasnoye Sormovo shipyard (Nizhni Novgorod, MNP Group) has bought out 100% of shares of Volgo-Caspian Design Bureau, the Group informs. Before September 21, Krasnoye Sormovo shipyard had no share in the authorized capital of Volgo-Caspian Design Bureau.

MNP group (Marine and Oil Projects) is an international company managing projects in shipbuilding and engineering of offshore drilling platforms. MNP Group incorporates Russian leading shipyards.

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