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[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 |
Website | www |
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]