Arctech Helsinki Shipyard Oy
LeaveRussia detail: Suspension
Arctech Helsinki Shipyard was a Finnish shipbuilding company that focused primarily on icebreakers and other icegoing vessels for arctic conditions. Due to the economic sanctions against its Russian owner, the company was forced to transfer its shipbuilding business in Finland to a successor company, Helsinki Shipyard, which was then sold to a private Russian owner.
Decision trail
Decision date 16/08/2024 · Reference ↗
Regulators continue to remove economically significant organizations from foreign jurisdictions. Thus, the Ministry of Industry and Trade filed a lawsuit against the Finnish Arctech Helsinki Shipyard Oy, which owns 49% of the Nevsky Shipyard (SSZ), which may be related to the suspension of the foreign company's rights. As a result, the direct owner will probably be the United Shipbuilding Corporation, which manages the asset. Considering the Nevsky Shipyard's order portfolio with a high share of government orders, optimization of the ownership structure is logical, experts say.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — suspended · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
Upgrade to Professional