VSMPO-AVISMA

VSMPO-AVISMA Corporation (Russian: ВСМПО-АВИСМА) 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.[2]

VSMPO-AVISMA Corporation
Native name
ПАО "Корпорация ВСМПО-АВИСМА"
TypePublic Joint Stock Company
MCX: VSMO
IndustryMetallurgy
Founded1933 (1933)
HeadquartersVerkhnyaya Salda, Russia
Key people
Maxim V. Kuzuk
(Acting General Director)
ProductsTitanium
Aluminum
Magnesium
Revenue$1.63 billion[1] (2019)
$361 million[1] (2019)
$321 million[1] (2019)
Total assets$5.52 billion[1] (2019)
Total equity$2.94 billion[1] (2019)
Number of employees
19 353
ParentRostec
Websitewww.vsmpo.ru

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),

History

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.[3]

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

Subsidiaries

References
  1. "Consolidated Financial Statements for the year ended 31 December 2019" (PDF). VSMPO-AVISMA. 25 March 2020. p. 74. Retrieved 25 March 2020.
  2. http://www.vsmpo.ru/ VSMPO-AVISMA Corporation Index
  3. "Корпорация ВСМПО-АВИСМА". Archived from the original on 21 July 2011. Retrieved 21 July 2011.
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