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Kvaerner ASA (KVAER.OL)

KVAER.OL on Oslo Stock Exchange

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12 Dec 2017
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UPDATE 1-Russia's USC plans sale of Helsinki shipyard as sanctions bite

HELSINKI/MOSCOW, Dec 12 Russia's state-owned United Shipbuilding Corporation (USC) is looking to sell a majority stake in its Arctech shipyard in Finland as sanctions against the holding company hamper business, the head of the shipyard said on Tuesday.

Russian-owned Helsinki shipyard looks for new investor as sanctions bite

HELSINKI, Dec 12 Russian state-owned United Shipbuilding Corporation (USC) is looking for a new owner for its Arctech Helsinki shipyard as sanctions against the holding company hamper business, the head of the shipyard said on Tuesday.

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