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14 January, 14:18

What problem does russia have with building shipyards in the north

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  1. 14 January, 16:49
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    The main problem that Russia has with the building shipyards in the north is the reduction of the military orders that were one of the main markets for this industry.

    Explanation:

    The military orders by the defense department have been reduced from a 60% of production to a 5-10% only. This fact has caused that the industry of shipbuilders, have to look for new opportunities in the market, and discover the way to get new buyers. This has been a hard task due to all the competition around the world. Nevertheless, the Russian shipyard building industry is searching for a new way to implement technologies and advances that can make a difference in the market to attract new customers since they have all the necessary tools to continue in the process.
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