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, 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.
Native name | ПАО "Корпорация ВСМПО-АВИСМА" |
|---|---|
| Company type | Public Joint Stock Company |
| MCX: VSMO | |
| Industry | Metallurgy |
| Founded | 1933 |
| Headquarters | Verkhnyaya Salda, Russia |
Key people | Nikolay K. Melnikov (Acting General Director) |
| Products | Titanium Aluminum Magnesium |
| Revenue | $1.63 billion (2019) |
| $361 million (2019) | |
| $321 million (2019) | |
| Total assets | $5.52 billion (2019) |
| Total equity | $2.94 billion (2019) |
Number of employees | 19 353 |
| Website | www |
VSMPO is mostly owned by Industrial Investments LLC, whose main owner is the russian billionaire Mikhail Shelkov. As of February 2022, VSMPO produced 90% of titanium in Russia and exported it to 50 countries all over the globe.
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).