The VSMPO-Avisma investment budget to exceed 9 billion roubles.

The VSMPO-Avisma corporation approved the investment program for 2014. "The consolidated investment budget is 9.673 billion roubles. More than 7.5 billion rubles will be developed at the facilities of VSMPO, a little over 2 billion rubles - is the Avisma investment program", - Mikhail Voevodin, CEO VSMPO, stated.

Most of the money at VSMPO will be spent on the completion of the major investment projects, such as the construction of the press, with the force of 4 tons in the forging complex enterprise (workshop number 22), skull furnaces are and the installation of the ring rolling mill.

"There is no workshop in VSMPO, where the new equipment will not appear or will not be upgraded from the old in 2014, but the most solid investments are planned in forging workshops number 21 and number 37", - Mikhail Voevodin stated.