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2017 February 8   15:48

Severnaya Verf head steps down, USC Board to tap new CEO

United Shipbuilding Corporation (USC) has received resignation notice from Alexey Seleznyov, CEO of St. Petersburg, Russia based Severnaya Verf Shipyard (part of United Shipbuilding Corp., USC), the Corporation press office told IAA PortNews.

The notice will be submitted to the USC Board of Directors for consideration, which then will also make a decision on the future CEO appointment.

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.

OJSC "Severnaya Verf" Shipyard (corporate member of United Shipbuilding Corporation) is a among the leading shipbuilding companies of Russia’s defence industry. The company was founded on November 14, 1912, as "Putilovskaya Shipyard." Since that time the shipyard has built more than 600 warships and commercial vessels including missile cruisers, antiaircraft ships, antisubmarine ships, destroyers, passenger ships, bulk carriers, container carriers, Ro-Ro ships, tugboats, support ships, ferries and floating docks. The shipyard’s backlog of orders currently includes the series of frigates, corvettes and other vessels.

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