Revenue of Public stock company VSMPO-AVISMA Corporation for 9 months 2017 decreased by 1.4% to RUB 55.115 billion from RUB 55.89 billion the year before, the company informed. This reported by AK&M.

The lower revenue is primarily attributable to the Russian ruble strengthening and a related reduction in the ruble equivalent of export revenue (the share of exports in January-September 2017 being 67%).

Titanium sales in physical terms increased by 18.6% to 21.7 thousand tonnes from 18.3 thousand tonnes the year before. 

For the 9-month period in 2017, tax payments to budgets of all levels across VSMPO-AVISMA Corporation reached RUB 7,621 million. The company also spent RUB 1,151 million on the fulfillment of social obligations.