Yantar Baltic Shipbuilding plant
Over a period of six years [1993-1999] a total of three general directors had taken turns at running the Baltic Shipbuilding plant Yantar, which manufactures the most advanced warships. Because of abrupt reduction of the state defence order one third of workers were laid off, and the rest didn't receive their wages for months. In 1997 a new general director, Aleksei Zhirenko, came to Yantar. He made several profitable contracts for building of dry-ships for foreign companies, and the enterprise started three-shift work again. But in September 1999 Aleksei Zhirenko suddenly resigned without explanation.
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Updated Thursday, August 24, 2000 8:50:22 AM