VSMPO-AVISMA

VSMPO-AVISMA Corporation
Type Public company
Traded as MCXVSMO
Industry Mining
Metallurgy
Founded 1941
Headquarters Verkhnyaya Salda, Russia
Key people Sergey V. Chemezov (Chairman)
Products Titanium
Aluminum
Magnesium
Steel
Revenue Decrease US$ 977.8 Million (2009)
Website www.vsmpo.ru

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), 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.[1]

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, with Boeing planning to invest 27 billion dollars in Russia over the next 30 years.[2]

The company is a key organizer of the Titanium Valley project.

Related organizations

Subsidiaries

  • CJSC Tube Works VSMPO-AVISMA
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Last modified on 14 May 2013, at 17:25