In 2023, Velta Manufacturing and Commercial Firm LLC received revenue of $35 million, while in 2022 the revenue was higher.
“Our revenue ranges from $30 to $50 million per year,” the company CEO and co-owner Andriy Brodskiy said.
The output target in 2022 was 62% fulfilled and in 2023 – 73%. But since mid-2023, the global titanium market has fallen considerably.
“We are now using our holding company as a trading one, which finances our operation abroad,” Brodskiy added. (Ukrainian metal)