USC intends to invest 5 billion rubles in the improvement of the plant "Red Sormovo"
“The estimated value of the Red Sormovo package is 3 billion rubles,” explained R. Trotsenko.
Vladimir Lisin (chairman of the board of directors of USC), somewhat earlier said that the corporation plans to increase its stake to the control at the Krasnoye Sormovo plant by the end of this year. Note that at the end of the transaction, the company's share in the corporation will be 51,55%. Today, USC owns approximately 30% of the shares of the Krasnoye Sormovo plant.
In July of this year (2011), USC stated that by September it intends to purchase the shares of the said company, and thus increase its own share to the control (today, they own 33,5%). The estimated value of the transaction, and then was 3 billion rubles. By the way, this money, the corporation was going to borrow from VTB.
It is known that the plant "Red Sormovo" was founded in 1849 year. The company in its name appeared after the privatization of 1994 in the year, then the state enterprise, called the Production Association Krasnoye Sormovo Plant. The founder of the company: the Committee of State Property Management of the Nizhny Novgorod region. Since 2004 of the year (December 1), this company has been a part of the MNE group. The plant manufactures dry cargo vessels, of the river-sea type, tankers (oil tankers), as well as various military products.
The MNP group of companies (offshore and oil and gas projects), is engaged in managing various projects in shipbuilding. This group includes: “Sormovo engineering”, the factory “Red Sormovo”, as well as the Volga-Caspian PKB.
OJSC "OSK" was registered in 2007 year, in St. Petersburg. Shares of the corporation, in the amount of 100%, are in federal ownership. The company includes 3 regional centers: the Northern Ship Repair and Shipbuilding Center (Severodvinsk), the Western Court Center (St. Petersburg), and the Far Eastern Ship Repair and Court Center (Vladivostok). It should be clarified that the corporation plans to establish soon the Southern Ship Repair and Legal Proceedings Center.
Information