VSMPO-Avisma has a large-scale investment plan for 2020. It will be the first step of a new growth strategy to be carried out until 2026.
Infrastructure and industrial safety will see the largest investments.
In the corporation itself the most will be invested in the modernization of smelting furnaces.
Instead of the disassembled Retec a new plasma furnace will be constructed.
This year the corporation intends to sign the design contract and start assembling the furnace in two years.
The goal of the investment campaign is to have increased output by 30-40% by 2026. (Ukrainian metal)