Press Center

Publications for 2005

December 28, 2005, Regnum

North Shipyard sold a destroyer to China

The North Shipyard, Saint-Petersburg, transferred a destroyer 956AM to the Chinese Navy.

November 8, 2005, "Kommersant"

Vyborg Plant Has Headed St.-Petersburg (Peter) Plants

Former General Director of OJSC Vyborg Shipbuilding Plant Sergey Zavyalov Has Headed Shipbuilding Business of UIC.

November 8, 2005, Press Line

Field Camp at the Elegesta Coal Field to Be Built This Year Already

The field camp at the Elegesta coal field will be built this year already.

October 13, 2005, "Kommersant"

Severnaya Verf (Nothern Dock) Has Won the Closed Tender. The company will build the flagship frigate for Russian Navy.

Severnaya Verf has won the tender for construction of the flagship frigate for Russian Nay.

August 15, 2005, "Vedomosti"

Giant Shipbuilder

A giant shipbuilding company will have emerged following the sale of the Baltic Plant to the Unitied Industrial Corporation (UIC).

August 13, 2005, "Kommersant"

Master of the Seas

Yesterday IST Group announced the sale of a 88% stake in the Saint-Petersburg Baltic Plant to the Unitied Industrial Corporation (UIC).

July 26, 2005, "Interfax"

Severnaya Verf slates launching a corvette for the Russian Navy for 2006

Severnaya Verf slates launching a corvette for the Russian Navy for 2006.

July 18, 2005, "Rossiyskaya Gazeta"

New owners linked with the State-run holding

An agreement between Rosoboronexport and Severnaya Verf – another success of new shipyard owners.

June 17, 2005, Vedomosti

Ship Builder Pugachev. Mezhprombank Owner obtained Controlling Interest in Severnaya Verf.

SAINT PETERSBURG — Sergey Pugachev, main owner of Mezhprombank, gained control of one of the largest Russian shipyards, i.e. St. Petersburg-based Severnaya Verf and entered negotiations with IST Group for setting up a holding on the basis of Severnaya Verf and its major competitor, Baltiyski Zavod.

June 16, 2005, Kommersant

MPB restores its Business.

Interfax Agency announced yesterday that shareholders of International Industrial Bank (MPB) registered a management company to take over all its non-banking assets. The bank promised to officially declare setting up a new structure, and to introduce its managers prior to the weekend. As expected, the reorganization will involve sales of part of property including Belye Nochi and Aki-Otyr oil companies.

May 20, 2005, Vedomosti

IST offers Mezhprombank to bury the tomahawks

Having made ship-building market-sharing arrangement with Mezhprombank, IST Group offered the former to jointly operate assets of this industry.

April 28, 2005, Kvadratny Metr

Dwelling for non-wealthy people to be built in Rublevka area

The sought-after Rublevo-Uspenskoye highway vicinity in Moscow suburbs could soon have a whole compound of apartment houses. 700 thousand square meters of dwelling houses are expected to be built by United Industrial Corporation (UIC) that manages assets of Mezhprombank.

April 22, 2005, Kommersant

Severnaya Verf confines itself to civilian orders

As leaked out yesterday, OAO Sovkomflot, ZAO United Industrial Corporation managing industrial assets of Mezhprombank and Ship-Building Yard Severnaya Verf (St Petersburg) signed an agreement of intent providing for building multipurpose bulk carriers and liquid natural gas ships. Speaking at a press-conference, Sergey Frank, head of Sovkomflot, said that during this year the intent could be turned into specific orders. Noteworthy is the fact that the document was signed a week after an agreement reached by owners of Baltiyski Zavod and Severnaya Verf for entrusting the latter exclusively with military orders.

April 12, 2005, Vedomosti

IST leaves Severnaya Verf

Severnaya Verf and Baltiyski Zavod owners i.e. Mezhprombank and IST Group have decided not to confine themselves to division of market. Yesterday, Mezhprombank announced the purchase of 18% of Severnaya Verf shares from IST. Having evaluated this interest as high as USD 10 M, experts believe this transaction to put a period to the war between the two wharves.

April 11, 2005, Vedomosti

Shipyards separated war from peace. Baltiyski Zavod and Severnaya Verf agree to discontinue competition.

Major private Russian wharves i.e. Baltiyski Zavod and Severnaya Verf have finally agreed on dividing spheres of influence. Baltiyski Zavod will devote itself to building civilian vessels, while Severnaya Verf – war ships. Experts believe that this is an only way for avoiding needless competition between Russian plants in the market, the turnover of which could reach USD 2.75 billion in this year.

April 11, 2005, Vedomosti

Access to Stock Exchange is a matter of time

Mezhprombank has proved nearly the latest major bank to single out its industrial assets as an individual structure i.e. United Industrial Corporation (UIC). This occurred in the last summer. At the same time, Mezhprombank was left by its founders and its main owners Tuva’s senator Sergey Pugachev and entrepreneur Sergey Veremeenko.

April 6, 2005, Kommersant - SPb

Ship builders taking measure of each other

Yesterday, Ilya Klebanov, plenipotentiary representative of the President in North-Western territory stated that Severnaya Verf and Baltiyski Zavod may sign an agreement for setting up a joint company. Spokesman of Mezhprombank that owns controlling interest in Severnaya Verf confirmed fact of the negotiations. Thus the idea of a joint shipyard that has been discussed during the recent years proves realizable on the eve of tenders for the Russian Navy frigates and obtaining by Russia a new export order from Indian Navy.

March 21, 2005, Vedomosti

Mezhprombank on Lobnoye Mesto. It will invest USD 250 M into Sredniye Torgovye Ryady Renovation Project.

The long-suffering renovation project of Sredniye Torgovye Ryady (“Middle Mall”) in the Red Square, Moscow will soon be moved out of the dead point. As it became known to Vedomosti, Mezhprombank is about to invest USD 250 M so that to turn old buildings into a trading-hotel complex. The bank has already signed an agreement of intent with Russian President’s administrative affairs office that owns the shopping rows.