Russian shipbuilding corporation to have high sales

Sales of the Russian united shipbuilding corporation are projected to exceed $10bn per year, Boris Aleshin, the head of the Federal Agency for Industry, told journalists today according to RBC. He pointed out that the forecast was ambitious and optimistic. Therefore, sales growth should reach $2bn-$3bn per year by 2020. Aleshin also said that sales of all Russian shipbuilding companies amounted to RUR190bn (approx. USD7.37bn) in 2005.