12.12 2012 14:43:50go back
Andrey Shenk quoted on transportation
The Baltic Shipyard (Baltiysky Zavod) and Rosenergoatom have agreed on the completion of the floating nuclear power plant Academician Lomonosov. The contract allows the shipyard to master a new line of business and possibly, come up with the product on the global market.
Investcafe analyst Andrei Shenk deems this scenario quite possible. Should it be the case, the shipyard will need to have its capacity expanded. ‘In any case, this contract shows support on the part of the state and may help the plant improve its creditworthiness and solvency,’ believes the analyst.