VSMPO-AVISMA

VSMPO-Avisma summed up its financial results of the first quarter of 2020

In the first quarter of 2020, VSMPO-Avisma corporation made the net loss under RAS in the amount of 8.108 billion rubles against 6.996 billion rubl

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VSMPO-Avisma corrects its production program due to lower orders from aircraft manufacturers

Because of the coronavirus pandemic, air traffic has decreased by 90%, the need for new aircraft has fallen on the market, and repairs have been sh

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Russian company Avisma exports titanium through Ukraine in circumvention of sanctions

Russian VSMPO-Avisma sells titanium sponge to the Ukraine through Estonian companies with subsequent re-export to the United States, bypassing Ukra

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Profit of VSMPO-Avisma corporation increased by 31.3% in 2019

According to the company 's reports, in 2019, the VSMPO-Avisma's profit under IFRS increased by 31.3% year-on-year to $321.02 million.

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In 2019, VSMPO-Avisma’s net profit under RAS increased by 24%

In 2019, the VSMPO-Avisma’s revenue under RAS increased by 1.2% and amounted to 90.13 billion rubles. The profit from sales decreased by 25% to 23.81 billion rubles.

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VSMPO-Avisma plans to increase production of titanium products in 2020 by 8%

VSMPO-Avisma corporation plans to increase production of titanium products in 2020 by 8% to about 38 thousand tons, said it’s general director Mikhail Voevodin.

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VSMPO-Avisma’s shareholders approve dividends in the amount of 884.6 rubles per share

During an extraordinary general meeting, shareholders of VSMPO-Avisma approved dividends for the first six months of 2019 in the amount of 884.6 rubles per share, as it follows from the company&#39

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How difficulties of Boeing jeopardizes business of Russian metallurgists

The Russian metallurgical company VSMPO-Avisma has got into a difficult situation because of Boeing. The American aircraft builder buys titanium from VSMPO-Avisma.

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VSMPO-Avisma’s profit in the first half of the year increased by 25.5%

In the first six months of 2019, the VSMPO-Avisma’s profit under IAS increased by 25.5% to $ 210.33 million, as it follows from to the company's statements.

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Dividends of VSMPO-Avisma can be 884.6 per share

Board of Directors of VSMPO-Avisma has recommended that extraordinary general meeting of the company's shareholders approve dividends for the first six months of 2019 in the amount of 884.6 rub

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