the issue of financial support for USC will be resolved in a few months – Kommersant

Issues of financial support for the United Shipbuilding Corporation (USC) from the state will be resolved before the end of 2023 or at the beginning of the next. This was announced by Deputy Head of the Ministry of Industry and Trade Viktor Yevtukhov following the presentation of the new General Director of USC Andrey Puchkov in St. Petersburg. VTB specialists, to which 100% of USC shares are being transferred to trust management for five years, have already begun an audit of the corporation.

“As for the USC financial recovery program, you know that the program that was adopted three years ago is being implemented now. But, unfortunately, for a number of parameters it is not fulfilled. All issues related to the financial support of the USC from the state will be resolved within a few months – either before the end of this year or at the beginning of the next, ”Mr. Yevtukhov told reporters (quoted by Interfax).

According to him, the new head of USC needs to conduct a full audit of the corporation to get acquainted with the situation, and the key performance indicators of trust management will be recorded in six months. “Now the bank’s specialists are conducting an audit,” the deputy minister said.

After President Vladimir Putin approved the transfer of USC to the trust management of VTB, there were personnel changes in the management of the corporation. Headed August 23 USC, Mr. Puchkov, before joining the corporation, was the first deputy chairman of VTB. Yesterday, August 25, Chairman of the Board of Directors of USC was elected Head of VTB Andrey Kostin.

Kommersant’s sources reported that the reason for the transfer of USC shares to trust management was the failure of the corporation’s financial recovery program.

Read more in the publication “Kommersant” “Ships have entered our banks”.

Maria Fedotova