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Sevmash

JSC PO Sevmash (Russian: ОАО «ПО „Севмаш“», Севмаш) is a Russian joint-stock company (JSC) under the vertically-integrated United Shipbuilding Corporation. The shipbuilding operations of Sevmash is in the port city of Severodvinsk on the White Sea in the Russian Federation.

"Sevmash" is an abbreviation of Severnoye Mashinostroitelnoye Predpriyatie (Северное Машиностроительное Предприятие), i.e. "Northern Machine-Building Enterprise". Sevmash is the largest shipbuilding enterprise in Russia and today the country's only nuclear submarine producer. In 2020, the company employed 30,000 people and as of 2009, its revenue from military production was $533.02 million.

The shipyard's main specialization is manufacturing of ships, submarines and military equipment for the Russian Navy. Sevmash is the only shipyard in Russia producing nuclear submarines. Severodvinsk, the lead vessel of the Yasen-class nuclear-powered cruise missile submarines, was completed in 2010 and commissioned in 2013. The second Borei-class submarine Aleksandr Nevskiy was launched later in 2010 and delivered to the Navy on 23 December 2013, becoming the 130th nuclear-powered submarine produced by Sevmash. The Yasen-class submarine Kazan (commissioned May 2021) and the Borei-class Vladimir Monomakh (commissioned December 2014) were built at the shipyard. In 2003–2005, Sevmash delivered two Project 636 (Kilo class) diesel-electric submarines to foreign customers. As of 2009, the company had an order for a further two Project 636 vessels.

Under a contract for Rosoboronexport, Sevmash conducted repair and modification work on the former Soviet heavy aircraft carrying cruiser Admiral Gorshkov, transforming it into a modern aircraft carrier named INS Vikramaditya for the Indian Navy. The project had been hit by delays and increasing costs,[citation needed] and was finally completed in November 2013.

An increasingly important product line for the shipyard is production for oil and gas fields projects on the Arctic shelf, including oil platforms.[citation needed] The Prirazlomnaya ice-resistant stationary platform designed by the Rubin Marine Equipment Design Bureau and built at the shipyard is the first of its kind in Russia. It is due to start operations in the Pechora Sea. Sevmash has also delivered platforms for foreign companies, such as the marine semi-submerged MOSS CS-50 platform for the Norwegian Moss Mosvold Platforms AS company, which was finished in February 2006. Sevmash has received orders for 3 further platforms of this type. Sevmash is also building a platform for the mid-Barents Sea Shtokman gas field.[citation needed]

The enterprise is also engaged in commercial shipbuilding, and has during the last decade built over 100 vessels, including sea and harbor tugs, mini-bulkers, pontoons, barges and fish farms. It also produces metallurgical equipment and rail transportation items.

Sevmash has a work force of 26,951 people. Based in the city of Severodvinsk in Arkhangelsk Oblast on the White Sea, its facilities occupy an area of more than 300 hectares and it has more than 100 subdivisions. It is the largest shipbuilding enterprise in Russia.[citation needed] Since August, 2007, Sevmash has been headed by Nikolai Yakovlevich Kalistratov.

The company's revenue from military production in 2009 was estimated to be $533.02 million, up from $431.04 million in 2008. Civilian production amounted to 20% of the company's total revenue, and export share of total production was 10%, according to figures published by Centre for Analysis of Strategies and Technologies. The centre ranked Sevmash as the 7th most successful enterprise of the Russian defense industry in 2009, based on a comparison of key financial and operational indicators.

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shipbuilding company in Severodvinsk, Russia
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