United Shipbuilding Corporation

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United Shipbuilding Corporation (Russian: Объединённая судостроительная корпорация) is an open joint stock company in Russia which unites shipbuilding, repair and maintenance subsidiaries in western and northern Russia, and in the country's Far East, to streamline civilian shipbuilding using military facilities. The corporation was established by a series of Presidential Decrees signed by President Vladimir Putin. According to the decree, the corporation has 3 subsidiaries: the Western Shipbuilding Center in St. Petersburg, the Northern Shipbuilding and Maintenance Center in Severodvinsk and the Far Eastern Shipbuilding and Maintenance Center in Vladivostok. The state owns 100% of the shares.

United Shipbuilding Corporation also has a 50% stake in Arctech Helsinki Shipyard, a joint venture with STX Finland Cruise Oy.[1]

On June 2012 Andrei Dyachkov was appointed to its president.[2] On May 21, 2013 Russian President Putin told that Vladimir Shmakov will be appointed as a new president of the corporation next week.

On 29 July 2014, company has been added to the Financial Sanctions List - Specially Designated Nationals List [3][4] by the U.S. Department of the Treasury as defined by the Executive Order 13661 [5] related to Russia involvement in conflict in Ukraine.

USC owns the Zvezda shipyard.[6]

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