(Reuters) - "You know that I have signed a decree forming a new company
on the basis of the two existing ones -- Sovcomflot and
Novoship," Putin was quoted by RIA Novosti news agency as
telling Sovcomflot's Director General Sergei Frank.
Russia has been seeking to merge Sovcomflot and Novoship
for several years, in line with the Kremlin's
strategy of enhancing control over the strategic energy sector
by creating mighty state giants.
Read more at Reuters.com Mergers News
on the basis of the two existing ones -- Sovcomflot and
Novoship," Putin was quoted by RIA Novosti news agency as
telling Sovcomflot's Director General Sergei Frank.
Russia has been seeking to merge Sovcomflot and Novoship
for several years, in line with the Kremlin's
strategy of enhancing control over the strategic energy sector
by creating mighty state giants.
Read more at Reuters.com Mergers News
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