Traded as MCX: VSMO Revenue 1.63 billion USD (2014) Founded 1933 | Key person Mikhail V. Voevodin | |
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Native name ПАО «Корпорация ВСМПО-АВИСМА» Type Public Stock Company (ПAO) Key people Mikhail V. Voevodin (Director general) Products TitaniumAluminumMagnesium Stock price VSMO (MCX) RUB 14,300.00 +350.00 (+2.51%)3 Apr, 6:49 PM GMT+3 - Disclaimer Subsidiaries DKiT Metallurg, Vsmpo-Elektro, Vsmpo-Mebel LLC | ||
vsmpo avisma corporation
VSMPO-AVISMA Corporation (Russian: ВСМПО-АВИСМА), where VSMPO stands for VerkhneSaldinskoye Metallurgicheskoye Proizvodstvennoye Ob'yedineniye (Верхнесалдинское металлургическое производственное объединение, or Metal-producing company of Verkhnyaya Salda; and AVISMA for AVIatsionnyye Spetsial'nyye MAterialy or Aviation Special Materials), is the world's largest titanium producer. Located in Verkhnyaya Salda, Russia, VSMPO-AVISMA also operates facilities in Ukraine, England, Switzerland, Germany and the United States. The company produces titanium, aluminum, magnesium and steel alloys. VSMPO-AVISMA does a great deal of business with aerospace companies around the world, such as Boeing and Airbus.
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On 27 December 2007 US Boeing and VSMPO-AVISMA created a joint venture Ural Boeing Manufacturing and signed a contract on titanium products deliveries until 2015. Boeing planning to invest 27 billion dollars in the production of titanium parts for its needs.
The company is a key organizer of the Titanium Valley project.