• 2014 November 20 11:47

    Russian shipbuilders are behind leading global producers, RF Prime Minister says

    Russian shipbuilding companies are behind the leading global producers even on the domestic market RF Prime Minister Dmitry Medvedev said at the meeting on the long-term development programmes of United Aircraft Corporation and United Shipbuilding Corporation. 

    “ The companies that design and build ships and marine technology have been integrated in United Shipbuilding Corporation. We must admit that we are lagging far behind the leading global producers in this sector even on the domestic market, not to mention the global market. This is a very specific and difficult market, and the business itself is difficult too. However, we plan to more than double labour efficiency in the shipbuilding sector by 2030. We also need to increase the share of shipbuilding exports under military-technical cooperation contracts from 10 to 25 percent and the share of civilian products to 22 percent.

    I’d like to add that the prosperity of entire regions depends on the work and development of this sector, primarily the coastal regions where shipyards are mostly located, including our new regions of Sevastopol and Crimea, which need special attention,” Dmitry Medvedev said.

    According to him, the state continues to give them considerable assistance, despite any problems. “”We are also investing in their modernisation to ensure that they have enough contracts. However, these strategic industries need to stand more firmly on their feet, and so their contract portfolios should be diversified as much as possible. We need to develop and extend the amount of civilian products they produce, which is very important even if they do have a lot of defence contracts.

    These ship and aircraft corporations were created for an obvious reason – to consolidate the design and production potential of individual companies, which worked only chaotically in the 1990s, and to preserve, as much as possible, their personnel. On the other hand, we needed to modernise companies and to improve the competitiveness of their products, that is, aircraft and ships,” the Prime Minister noted.


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