The chairman of the Samara region Dmitriy Azarov has visited Arkonik SMZ, the largest manufacturer of aluminum semi-finished products in Russia.
The company manufactures unique products – light-alloyed drilling pipes, parts for the newest Russian aircraft MS-21, as well as the first in Russia aluminum hoppers and bridges.
In 2016 the company underwent modernization, the fourth in 50 years. Investments totaled $500 million.
Last year Arkonik SMZ produced 212 thousand tons of metal, and intends to increase output to 220 thousand tons this year.
Investments in 2018 will reach $10 million. (Ukrainian metal)