Registration of Northern, Western and Far Easter Centers of Shipbuilding will be completed in November 2007, RBC quotes Viktor Khristenko, RF Minister of Industry and Energy. Besides, organization transformation of state assets in shipbuilding are also to be completed in November.
According to the Presidential Decree dated March 22, 2007, the open JSC OSK with 100% federal ownership is to be formed in Russia. Three daughter companies of OSK are to be established in St. Petersburg, Severodvinsk and Vladivostok (Open JSC «Western Center of Shipbuilding» (St.-Petersburg), Open JSC «Northern Center of Shipbuilding and Ship Repair» (Severodvinsk, Arkhangelsk region) and Open JSC «Far East Center of Shipbuilding and Ship Repair» (Vladivostok). The authorized capital of OSK is to make RUR 1 billion 98 million 110 thousand.