VSMPO-AVISMA

PJSC VSMPO-AVISMA Corporation
Native name
ПАО "Корпорация ВСМПО-АВИСМА"
Company typePublic Joint Stock Company
MCXVSMO
IndustryMetallurgy
Founded1933; 91 years ago (1933)
HeadquartersVerkhnyaya Salda, Russia
Key people
Nikolay K. Melnikov
(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
Websitewww.vsmpo.ru

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. As of February 2022, VSMPO produced 90% of titanium in Russia and exported it to 50 countries all over the globe.[2]

VSMPO is mostly owned by Industrial Investments LLC, whose main owner is the russian billionaire Mikhail Shelkov.[3]

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).[4]

  1. ^ a b c d e "Consolidated Financial Statements for the year ended 31 December 2019" (PDF). VSMPO-AVISMA. 25 March 2020. p. 74. Retrieved 25 March 2020.
  2. ^ "На производстве "ВСМПО-Ависма" произошел инцидент" (in Russian). Kommersant. 14 February 2022. Retrieved 6 March 2022.
  3. ^ "VSMPO-Avisma shareholder closes deal for purchase of Russian assets of Arconic".
  4. ^ Liuhto, Sutyrin, Blanchard 2016.