JSC United Shipbuilding Corporation (USC;
Russian: Объединённая судостроительная корпорация, ОСК) 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.
USC is the 100% owner of
Arctech Helsinki Shipyard, having bought the remaining 50% of the shares from its joint venture partner
STX Finland Cruise Oy.[3] In 2016, the company's revenue amounted to 49 billion rubles.[4]
As of 2021, the corporation constructed up to 80% of ships in Russia.[5]
History
United Shipbuilding Corporation was established in 2007 by a series of
Presidential Decrees signed by
PresidentVladimir Putin.[6] According to the decree, the corporation has 3 subsidiaries: the Western Shipbuilding Center in St. Petersburg (
Admiralty Shipyard), 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.[5]
In June 2012
Andrei Dyachkov was appointed to its president.[7] On May 21, 2013, Russian President Putin said that Vladimir Shmakov would be appointed as a new president of the corporation the following week.[8][9]