In 5 years Chepets Mechanical Works intends to increase revenue 1.7-fold, from 13.5 billion rubles in 2017 to 22.7 billion in 2022.
The most prospective direction is the manufacture of titanium products. According to the experts, by 2022 the company share of the market could reach 30%, with machine-building enterprises its main customers.
Last year an agreement between ChMZ and Hermith GmbH for the delivery of 2 billion rubles worth of rolled titanium was ratified.
In 2017 ChMZ eared over 750 million rubles on titanium sales. (Ukrainian metal)