Russia's Federal property manager's commission OKs inclusion of seven nominees to the USC Board

The Commission for the selection of professional directors chaired by Olga Dergunova, the Deputy Minister of Economic Development of Russia and the head of the Federal Property Management Agency, has shortlisted seven candidates for the Board of Directors of state-owned shipbuilding monopoly JSC United Shipbuilding Corporation (USC), the Commission meeting minutes said.  

The Commission named the following candidates to be elected to the USC Board of Directors: Vladimir Artyakov, Ivan Kamensky, Andrei Klepatch, Vitaly Markelov, Alexey Rakhmanov, Sergei Frank and Andrei Shishkin.

United Shipbuilding Corporation was founded in 2007 as a 100-percent state-owned group of companies consolidating about 70% of domestic shipbuilding industry. UCS currently incorporates three regional shipbuilding centers, nine engineering and design offices and 39 dockyards. The Corp’s largest shipbuilding assets include Kaliningrad-based JSC Yantar Shipyard, JSC Admiralty Shipyards (St. Petersburg), JSC PA Sevmash (Severodvinsk), JSC DVZ Zvezda (Vladivostok). Besides, USC holds a 50% stake in Arctech Helsinki Shipyard, a joint venture with STX Finland Cruise Oy. The Group builds ships for Russian customers and exports its products to 20 countries.