The Ukrainian Metal

Russia: VSMPO-Avisma exports to EU up in 2017

In 2017 VSMPO-Avisma share of exports to Europe increased to 47%.

The corporation revenue dropped because of the ruble strengthening, to 72.4 billion rubles.

Net profit reached 19.1 billion rubles, and EBITDA – 29.1 billion rubles.

Titanium sales grew by 14%, to 28.8 thousand tons.

Exports growth totaled 26%, with European countries accounting for 47%, and USA – 44%. In 2016 the shares were 38% and 48% respectively. (Ukrainian metal)

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