According to Mr. Alexandrov, United Shipbuilding Corporation (USC) is trying to optimize its shipyards cost whose profitability currently stands at 15% and below.
Admiralteysky Verfy (part of Western Center of Shipbuilding of United Shipbuilding Corporation), the oldest Russian shipbuilder, was founded back in 1704. The Shipyard specializes in submarines construction. To date, the Company has built more than 300 submarines (including 41 with nuclear power engines), 68 deep and underwater vessels.