Revenue at VSMPO-AVISMA increased by 27%
24.05.2013 — News
Between January and March of 2013 revenues from the core businesses of VSMPO-AVISMA Corporation, OJSC amounted to 10.24 billion rubles, which is 27% more than during the same period last year.
The corporation’s press office told RusBusinessNews that this increase was due to a 2% rise in shipments of titanium and magnesium products, a change in the sales structure, and a 13% jump in the factory sales price.
In the first quarter of 2013, labor productivity at VSMPO-AVISMA also improved, amounting to 529,000 rubles per person. This is 19% higher than during the same period in 2012.
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