Large scale reconstruction of Baltic Shipbuilding Plant “Yantar” will result in creation of a modern and efficient shipyard by 2018. According to the press center of the Kaliningrad Region Government, this was announced at the meeting of Governor Nikolai Tsukanov and Director General of Yantar Shipyard Eduard Yefimov.
The Governor said that construction of ferries for Baltijsk-Ust-Luga line is among possible activities to load the shipyard.
Kaliningrad-based Baltic Shipbuilding Plant “Yantar” (Yantar Shipyard) was founded on July 8,1945 on the basis of a Koenigsberg unit of German’s Schichau Werft. Yantar Shipyard specializes in building and repair of warships and civil boats. Throughout the years the Shipyard has built 160 warships and more than 500 merchant vessels. The Russian Government holds majority stake in the shipbuilding firm through Western Center of Shipbuilding, a subsidiary of state-owned United Shipbuilding Corporation.