From Russia & India Report
''Defense orders still form the backbone of the city's economy, with two-thirds of its population employed at two shipbuilding plants that struggled through the collapse of the Soviet Union.
But thanks to global warming, thawing of the Arctic ice and the world's appetite for oil, Sevmash, Russia's only producer of nuclear submarines for the Navy, and Zvyozdochka, which does submarine maintenance, might get a new lease on life soon. The government is discussing a plan to create a technology hub in the northern city to explore the Arctic's offshore hydrocarbon deposits, which are believed to have huge oil and gas reserves.''
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