Russian shipyards require technological modernization, President Dmitry Medvedev said according to Interfax.
"That is the key to innovation and energy efficiency," Medvedev said at a conference on premises of the Sevmash shipyard on Thursday.
The conference was dedicated to the development of submarine forces of the Russian Navy.
Sevmash will need more investment in its development, the president said.
It is also necessary to optimize production expenditure, he noted.
"We need to learn how to control production costs, otherwise we will unable to sell ships in Russia and abroad," Medvedev said.