Arctech Helsinki Shipyard

 

Saving the Finnish subsidiary of USC from sanctions is postponed indefinitely

Business03.08.2018

The deal for the sale of part of the only foreign shipyard USC - Finnish Arctech Helsinki Shipyard - scheduled for July was not held. The terms of the agreement with the Croatian partner of the oligarch Viktor Vekselberg changed at the last moment, and not for the better, and Moscow sent to Helsinki auditors with a large-scale inspection, suspecting fraud.

Sovcomflot fined Finnish shipyard Arctech Helsinki Shipyard for $ 50 million

Business05.02.2018

The shipyard, owned by the United Shipbuilding Corporation, has been experiencing financial crisis for several years already, regularly and monotonously breaks orders.