VSMPO-Avisma is carrying out repairs of the etching rooms in press, pipe and bar-rolling shops. The cost of the project is estimated at 40 million rubles. Additional equipment is assembled in the shop No. 3 with 2 etching rooms. The rooms will have a system to measure harmful gases in the air. When the tolerance…
VSMPO-Avisma Corporation has signed several long-term agreements with Rolls-Royce for the period up to 2026. Terms and conditions of all agreements differ from each other. According to the terms of new agreements VSMPO-Avisma shall deliver rings, blisks and fan disks to Rolls-Royce for new jet engines. The expected revenue from the agreements will potentially exceed…
In 2017 VSMPO-Avisma has spent over 20 million rubles on the repair of its own railroad. According to the group, the manufacturing sites in Verkhyaya Salda are connected by some 40 km of railroad ways. 5 railroad cars have already delivered materials and spare parts. (Ukrainian metal)
In January-June VSMPO-Avisma produced 14.2 thousand tons of titanium, up by 20.4% YoY. At the same time, because of the drop of the exchange rate, the company earnings decreased by 0.4%, to 36.232 billion rubles, and its net profits by 35.6%, to 8.793 billion rubles. The strengthening of the ruble resulted in the decrease in…
VSMPO-Avisma and OAK-Zakupki LLC have concluded long-term contracts on delivery of aluminum and titanium products for major Russian aviation industry enterprises. Avisma will be supplying aluminum alloys wares till 2019 and titanium alloys wares by 2020. All the metal will be delivered to the United Aircraft Building Corporation, which includes among others Sukhoi and Irkut…
In 2017 VSMPO-Avisma intends to keep earnings on the previous year level – 76 billion rubles. Sales are expected to increase by 15.8%, to 28.3 thousand tons. The strengthening of the ruble negatively affects the ruble reports, the ruble equivalent of exports decreases, and that’s some 70% of all earnings. (Ukrainian metal)
In January-March VSMPO-Avisma received 5.07 billion rubles of net profits, down by 34% YoY. Earnings totaled 17.9 billion rubles, down by 3%. The company accounts receivable increased to 20.1 billion rubles, while accounts payable dropped to 6.46 billion rubles. (Ukrainian metal)
In 2016 VSMPO-Avisma received 25.4 billion rubles of profits, up by 9 billion rubles YoY. The corporation revenue totaled 89.4 billion rubles, up by 13.4% YoY. The net cash flow reached 35.7 billion rubles as opposed to 27.9 billion rubles in 2015. (Ukrainian metal)