 Victor Olerskiy, the former deputy Russian transport minister and the former head of Federal Agency of Maritime and River Transportation, has been appointed as the chairman of the board of the new company.The transaction, which included 35 million euro and the ownership of Nevsky Shipyard, was finalized on 20 May.On 16 December 2010, Arctech Helsinki Shipyard received its first order when a contract for two icebreaking platform supply vessels similar to the "SCF Sakhalin", worth US$100 million per ship, was signed with Sovcomflot.