In the first quarter of 2009, net profit of Yantar shipyard (Kaliningrad) totaled RUR 106.390 mln against RUR 119.322 mln of loss in the same period of the previous year, the company states.
In the reported period, the company’s earnings increased almost 4.4 times to RUR 33.996 mln.
Shipyard "Yantar" was established on the base of the Konigsberg branch of Schichau Werft in 1945. Today "Yantar" is a modern and dynamically developing enterprise having wide experience in building and repair of vessels and ships of different classes and purposes. The shipyard has developed wide range of production directions: Commercial Shipbuilding, Naval Shipbuilding, Metal Structures Manufacturing, Shiprepair and Conversion, Shipbuilding from Aluminium Alloys, Mechanical Engineering Production. "Yantar" is the only Russian shipyard, which is situated in the South-East part of the Baltic region in the nearness of the largest industrial centers of Europe.
All news