Russian Navy

In 2010 Sevmash will receive 55 mln RUR budgetary appropriations - Putin

03/26/2010

In 2010 Sevmash shipyard will receive 55 mln RUR budgetary appropriations for equipment acquisition, said Russian Prime Minister Vladimir Putin at the meeting with Ilya Mikhalchuk, Governor of Arkhangelsk region.

According to Putin, under military industry development program "Federal Budget-2010 provides appropriation of 55 mln RUR to Sevmash shipyard for equipment acquisition". In addition, Zvezdochka Ship Repair Center will obtain 182 mln RUR, production association Arktika – 74 mln RUR, technical design bureau Onega – 16 mln RUR, JSC Severny Rein – 15 mln RUR, said Putin. He added that Russian government place high emphasis on development of shipbuilding industry.

Source: ITAR-TASS, photo: Sevmash shipyard (krilak.ru)

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