In January-July Chepets Mechanical Works received 1.134 billion rubles of net profits, up by 12% YoY, with earnings up by 3%, to 6.686 billion rubles.
The works has signed a contract with Hermit GmbH for the delivery of titanium products to Europe.
In 5 years the company will supply over 1 thousand tons of titanium valued at 2 billion rubles. (Ukrainian metal)