Wednesday, July 06, 2011

$1Bln in Deals at Maritime Show


Industry and Trade Minister Viktor Khristenko estimated the total value of contracts signed during the Fifth International Maritime Defense Show (IMDS) held in St. Petersburg last week at more than $1 billion.

The IMDS ran from Wednesday through Sunday at Lenexpo.

In total, 409 expositions were presented, mainly by Russian manufacturers and developers, as well as 71 foreign companies from 29 different countries. Russia was represented at the event by large-scale manufacturing companies such as Obyedinennaya Sudostroitelnaya Korporatsiya (United Shipbuilding Corporation; OSK), Rosoboronexport and Rostekhnologii.

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