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Defense Minister to Chair Shipbuilding Corp.
The Russian Federal Property Management Agency (Rosimushchestvo) has nominated Defense Minister Anatoly Serdyukov to be chairman of the board of the United Shipbuilding Corp., which is now being formed. The final decision on the choice of board chairman for the company rests with Russian President Vladimir Putin. It is already known that presidential advisor on military technology Alexander Burutin will be the company's general director.
First Deputy Prime Minister Sergey Ivanov was expected to chair the company's board of directors. Sources say that Ivanov, who is already chairman of the United Aviation Construction Corp., was not interested in the position in the shipbuilding company. Serdyukov was named chairman of the board of the state Khimprom company.
Serdyukov is an appropriate choice to head the new corporation, since at least 85 percent of the Russian shipbuilding industry is devoted to the military. The wholly state-owned company will be based around OAO Nevsky Design and Construction Bureau in St. Petersburg and will have $12 billion in orders. The Western, Southern and Far Eastern shipbuilding and repair centers will be subsidiaries of the corporation.
www.kommersant.com
All the Article in Russian as of July 25, 2007
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