The Far Eastern Shipbuilding and Ship Repair Center (FESRC, JSC), a part of the Rosneft Oil Company Group, comprises the key ship repair and ship construction businesses inside the Far Eastern Federal District.
As part of its activities FESRC, being a single executive body, supervises the operation of its controlled companies that carry out the Pacific Fleet ship repairs, retrofitting, and maintenance, and commercial shipbuilding projects.
Consolidating management under a single organization helps to achieve a better use of the available resources, prevent redundancy in the production processes, and coordinate efficiently, thus raising profitability of the core businesses in the yards.
The Far Eastern Shipbuilding and Ship Repair Center operation is grounded in the current Russian shipbuilding development strategy.
Its key focus is to establish a shipbuilding business cluster in the Russian Far East and implement the Zvezda Shipbuilding Complex anchor project as tasked by the Russian President.
Meanwhile, the repair, maintenance, and retrofit of the Pacific Fleet warships remain the FESRC’s absolute priority. It prioritizes efforts for gaining and leveraging yard management expertise and streamlining communication processes between its companies.