VSMPO-AVISMA

PJSC VSMPO-AVISMA Corporation
Native name
ПАО "Корпорация ВСМПО-АВИСМА"
Company typePublic Joint Stock Company
MCX: VSMO
IndustryMetallurgy
Founded1933 (1933)
HeadquartersVerkhnyaya Salda, Russia
Key people
Nikolay K. Melnikov
(Acting General Director)
ProductsTitanium
Aluminum
Magnesium
Revenue$1.63 billion (2019)
$361 million (2019)
$321 million (2019)
Total assets$5.52 billion (2019)
Total equity$2.94 billion (2019)
Number of employees
19 353
Websitewww.vsmpo.ru

VSMPO-AVISMA Corporation (Russian: ВСМПО-АВИСМА) is the world's largest titanium producer. Located in Verkhnyaya Salda, Russia, VSMPO-AVISMA also operates facilities in Ukraine, England, Switzerland, Germany, United States. The company produces titanium, aluminum, magnesium and steel alloys. VSMPO-AVISMA does a great deal of business with aerospace companies around the world. As of February 2022, VSMPO produced 90% of titanium in Russia and exported it to 50 countries all over the globe.

VSMPO is mostly owned by Industrial Investments LLC, whose main owner is the russian billionaire Mikhail Shelkov.

VSMPO stands for VerkhneSaldinskoye Metallurgicheskoye Proizvodstvennoye Ob'yedineniye (Верхнесалдинское металлургическое производственное объединение, or Metal-producing company of Verkhnyaya Salda; and AVISMA for AVIatsionnyye Spetsial'nyye MAterialy or AVIation Special MAterials).