Support The Moscow Times!

United Shipbuilding Corporation Might Buy Northern Shipyard

United Shipbuilding Corporation might buy 76 percent of Northern Shipyard at a 15 percent discount to the initial auction price,  which stood at $443 million, Vedomosti  reported Wednesday, citing an unidentified person close to the plant's owners.

(Bloomberg)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.