Denis Manturov elected as Chairman of United Shipbuilding Corporation’s

On September 15, the Board of Directors of United Shipbuilding Corporation (USC OJSC) elected Denis Manturov, RF Minister of Industry and Trade, as USC BoD Chairman, the Ministry’s press center says.

The meeting was also attended by RF President’s Assistant Igor Levitin, First Deputy Chairman of RF Government’s Marine Board Sergei Shishkarev, USC President Aleksei Rakhmanov.

United Shipbuilding Corporation (USC OJSC) is the largest shipbuilding company in Russia. It was set up in 2007 with 100% federal ownership. The holding comprises 60 companies and organizations (major shipbuilding and shiprepairing companies as well as leading design bureaus). Currently, USC consolidates about 80% of the domestic shipbuilding complex. The Russian market is the main focus of the state corporation though it also exports its products to 20 countries worldwide.