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In 2012, Vector Marine Electronics, Ltd was commissioned by Department of Shipbuilding and Marine Industry of the Ministry of Industry and Trade of the Russian Federation (Minpromtorg) to conduct business analysis of development and production of fish-finding acoustic equipment at the enterprises and organizations of fishing industry. The detailed analysis showed that none of enterprises is able to realize alone the overall lifecycle of this type of products (i.e. from marketing and design stage to utilization process). To solve the problem of industrial production of fish-finding equipment, in the mid 2014 Vector company's management team initiated the development of the conceptual framework of the regional cluster focused on design and manufacture of scientific and fish-finding acoustic equipment capable to replace import products (headquartered in town of Taganrog).

Prospective members of the cluster: LLC Vector Marine Electronics, OJSC Taganrog Plant "Priboy", CJSC Nelaks, College of Electronics and Electronic Equipment Engineering, Taganrog College of Marine Engineering, Taganrog Interregional Chamber of Commerce and Industry, Center-Invest Bank; Non-commercial partnership "Uniform regional center of innovative development of the Rostov region".

On December 11, 2014 in Rostov-on-Don Vector Marine Electronics and Uniform regional center of innovative development of the Rostov region signed Agreement for cooperation on creation of Marine Engineering Cluster in town of Taganrog.

On January 23, 2015 in Rostov-on-Don was held a strategic session "Priority Guidelines of Cluster Development as the Instrument of Realization of Innovative Policy in Regions. Experts from the Ministry of Economic Development of the Russian Federation, the Moscow Center of innovations commercialization, Deputy Governor of the Rostov region, scientists and business managers took part in the session. The participants were acquainted with presentations of promising projects of clusters, including the Marine Cluster initiated by Vector. Most participants welcomed the idea of cluster development in our region.

It is assumed that in February, 2015 the Government of the Rostov region will approve the "Concept of cluster development of the Rostov region until 2020" among others the project of Marine Engineering Cluster located in Taganrog.

Vector Marine Electronics, Ltd