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Shipyard appeals against seizing floating nuclear power plant's unit

14:45 19/09/2011

St. PETERSBURG, September 19 - RAPSI. An appeals court will hear on October 18 an appeal filed by a major shipyard against a trial-court decision to seize a power unit belonging to the worlds first floating nuclear power station, according to the court report.

The appeal was accepted on September 16.

The unit construction is currently the Baltiisky Zavod shipyard's only major order placed by a company controlled by the Federal Agency for Atomic Energy.

The United Industrial Corporation is negotiating possibilities of obtaining the shipyard for temporary management to stabilize the situation with the Central Bank.

The nuclear company is also ready to provide loans to the shipyard, which is now experiencing financial difficulties, for building the power unit, Sergey Novikov, the company's PR chief, said. However, he did not specify the possible loan amount.

The Baltiisky Zavod is part of the United Industrial Corporation owned by former Federation Council Deputy Sergey Pugachyov. In addition to building icebreakers and naval ships, the shipyard manufactures power engineering hardware.

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Shipyard appeals against seizing floating nuclear power plant's unit

14:45 19/09/2011 An appeals court will hear on October 18 an appeal filed by a major shipyard against a trial-court decision to seize a power unit belonging to the worlds first floating nuclear power station
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