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Sevmash

Sevmash
Industry Shipbuilding
Founded 21 December 1939
Headquarters Severodvinsk, Russia
Products ships, submarines, oil platforms, machinery, metallurgy
Revenue Increase $533.02 million (military production)
Number of employees
26,951 (2009)
Website www.sevmash.ru

JSC PO Sevmash (Russian: ОАО «ПО „Севмаш“», Севмаш, СМП) is a shipbuilding company based in Severodvinsk, a port city on Russia's White Sea. The name 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 2009, the company employed 26,951 people and 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. The next to last nuclear submarine produced at the shipyard is the nuclear-powered attack submarine Severodvinsk, which was launched in 2010 and is currently fitting out. Its completion had been delayed due to financial issues. 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 delivered by Sevmash. There is one other Yasen-class submarine Kazan and one Borei class submarine Vladimir Monomakh currently under construction 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.


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