For the past three years the shipbuilding enterprise has suffering downturn due to the lack of orders and financing. Now Lotus has received several newbuilding orders, the regional government said. Details were not disclosed.
The new head of the company believes Lotus will soon recover as it has been in talks on new shipbuilding projects. "Now we're on the starting position and I am sure that new projects will become the impetus for technological upgrading of the plant," Sergei Terskov said.
Sergei Terskov was born in 1953. From 2005 to 2008 he was Deputy Chairman of the Government of the Astrakhan region – the regional Minister of Industry, Transport and Communications. He was elected the regional parliament member.
Shipyard Lotos was selected by United Shipbuilding Corporation as the key shipbuilding enterprise for revival of river shipbuilding in southern Russia. USC owns 44% of shares in the company, the regional government is a minority shareholder.