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VSMPO-Avisma
VSMPO-AVISMA Corporation () 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 (, or Metal-producing company of Verkhnyaya Salda; and AVISMA for AVIatsionnyye Spetsial'nyye MAterialy or AVIation Special MAterials). History After Rosoboronexport obtained an 66% stake in October 2006 of VSMPO-Avisma, Sergey Chemezov became chairman of VSMPO-AVISMA in November 2006. On 27 December 2007 US Boeing ...
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Titanium Valley
Titanium Valley is a special economic zone in Sverdlovsk Oblast in the Urals Federal District of Russia, which will focus on creating titanium products for the aircraft, automotive, shipbuilding and medical industries. It will be created around the world's largest titanium producer, VSMPO-Avisma. In 2010 the Russian government planned to invest at least 40 billion rubles ($1.29 billion) for the project. History The purpose of the special economic zone, to be located in the city of Verkhnyaya Salda at Sverdlovsk Oblast, Russia, 624763, is to give enterprises the opportunity to develop and produce value added products in the region and bring international partners to the zone. A total of 20 companies will participate in the project, and it is expected to create 20,000 jobs in the city. The participating companies include VSMPO-Avisma, Arvi, SR Systematics, , and United Aircraft Corporation. Companies operating in the zone will enjoy preferential tax treatment, and Governor of Sverd ...
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Mikhail Shelkov
Mikhail Shelkov (born March 30, 1968) is a Russian billionaire and the majority owner of VSMPO-AVISMA, a Russian titanium firm, through his ownership of Industrial Investments LLC. VSMPO stands for VerkhneSaldinskoye Metallurgicheskoye Proizvodstvennoye Ob'yedineniye (, or Metal-producing company of Verkhnyaya Salda; and AVISMA for AVIatsionnyye Spetsial'nyye MAterialy or AVIation Special MAterials). Biography In 2016 Shelkov joined with Rostec to invest in the Oktava factory project, which is located in Tula. In 2018 Shelkov, whose Avisma company "provides landing gear parts for about one third of all Boeing jets", had not been sanctioned in the aftermath of the Annexation of Crimea. In July 2022 ''Reuters'' noted that Shelkov hadn't yet been sanctioned by any Western country. In March 2023 Shelkov had not been sanctioned by the US, EU nor the UK. In August 2023 the SPFU cancelled an auction of InvestAgro LLC, property of Shelkov which it had obtained from the court, becau ...
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Sergey Chemezov
Sergey Viktorovich Chemezov (; born 20 August 1952) is a Russian oligarch and politician who served as CEO of Rostec Corporation, a state-owned defense conglomerate. A former KGB agent and high-ranking general, Chemezov befriended Vladimir Putin when both were stationed in East Germany in the 1980s. In 2007, Putin appointed him as CEO of Rostec. The Pandora Papers leaks revealed that Chemezov and his family maintained a large network of offshore wealth, including a $600 million superyacht. Biography Chemezov was born on 20 August 1952 in the city of Cheremkhovo in Irkutsk Oblast. Chemezov graduated with honours from Irkutsk Institute of National Economy (presently Baikal State University of Economics and Law) in 1975 and then completed his postgraduate education at the Military Academy of the General Staff of the Armed Forces of Russia. Chemezov has a doctorate in economics and is also a professor and full member of the Military Academy. At the Irkutsk Scientific and Researc ...
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International Sanctions During The Russo-Ukrainian War
International sanctions have been imposed against Russia and Crimea during the Russo-Ukrainian War by a large number of countries, including the United States, Canada, the European Union, and international organisations following the Russian annexation of Crimea, which began in late February 2014. Belarus has also been sanctioned for its cooperation with and assistance to Russian armed forces. The sanctions were imposed against individuals, businesses, and officials from Russia and Ukraine. Russia responded with sanctions against several countries, including a total ban on food imports from Australia, Canada, Norway, Japan, the United States, the EU and the United Kingdom. The sanctions contributed to the value's reduction of the Russian ruble and worsened the economic impact of the 2022 Russian invasion of Ukraine. They also caused economic damage to the EU economy, with total losses estimated at €100 billion (). , Russia's finance minister announced that the sancti ...
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Redditch
Redditch is a town and non-metropolitan district with borough status in Worcestershire, England. It is located south of Birmingham, east of Bromsgrove, north-west of Alcester and north-east of Worcester. In 2021, the town had a population of 81,637 and the district had a population of 87,037. In the 1800s, it became a centre for the needle and fishing tackle industry; by the end of the century, 90% of the world's needles were manufactured in the town and its surrounding areas. In the 1960s, it became part of the new town planning movement which included it expanding into neighbouring villages and hamlets surrounding the town. It is the second largest settlement in Worcestershire, after Worcester. History The first recorded mention of Redditch (''La Rededich'', thought to be a reference to the red clay of the nearby River Arrow) is in 1348, the year of the outbreak of the Black Death. During the Middle Ages, it became a centre of needle-making and later prominent industr ...
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Ukraine
Ukraine is a country in Eastern Europe. It is the List of European countries by area, second-largest country in Europe after Russia, which Russia–Ukraine border, borders it to the east and northeast. Ukraine also borders Belarus to the north; Poland and Slovakia to the west; Hungary, Romania and Moldova to the southwest; and the Black Sea and the Sea of Azov to the south and southeast. Kyiv is the nation's capital and List of cities in Ukraine, largest city, followed by Kharkiv, Odesa, and Dnipro. Ukraine's official language is Ukrainian language, Ukrainian. Humans have inhabited Ukraine since 32,000 BC. During the Middle Ages, it was the site of early Slavs, early Slavic expansion and later became a key centre of East Slavs, East Slavic culture under the state of Kievan Rus', which emerged in the 9th century. Kievan Rus' became the largest and most powerful realm in Europe in the 10th and 11th centuries, but gradually disintegrated into rival regional powers before being d ...
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Nikopol, Ukraine
Nikopol (, ) is a city and List of hromadas of Ukraine, municipality (hromada) in Nikopol Raion in the south of Ukraine, on the right bank of the Dnieper, Dnieper River, about 63 km south-east of Kryvyi Rih and 48 km south-west of Zaporizhzhia. Population: Nikopol is the fourth-most populous city in Dnipropetrovsk Oblast. Located on a cape by the Kakhovka reservoir, it is a powerful industrial city with several pipe-producing factories, such as the Interpipe corporation, and steel rolling mills, such as the Nikopol Ferroalloy Plant, factory of ferroalloys, constituting Nikopol metropolitan area. Formerly, the settlement served as one of the Sich, capital cities of the Zaporizhian Sich and was known as one of the main crossings over the Dnieper. General information Renamed by the Russian Empire into Slaviansk and Greek Plan, later Nikopol (after ), the city has a rich preceding history. Between 1638 and 1652, it was the settlement of Mykytyn Rih (, literally ''Mykyt ...
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Yekaterinburg
Yekaterinburg (, ; ), alternatively Romanization of Russian, romanized as Ekaterinburg and formerly known as Sverdlovsk ( ; 1924–1991), is a city and the administrative centre of Sverdlovsk Oblast and the Ural Federal District, Russia. The city is located on the Iset River between the Idel-Ural, Volga-Ural region and Siberia, with a population of roughly 1.5 million residents, up to 2.2 million residents in the urban agglomeration. Yekaterinburg is the list of cities and towns in Russia by population, fourth-largest city in Russia, the largest city in the Ural Federal District, and one of Russia's main cultural and industrial centres. Yekaterinburg has been dubbed the "Third capital of Russia", as it is ranked third by the size of its economy, culture, transportation and tourism. Yekaterinburg was founded on 18 November 1723 and named after the Orthodox name of Catherine I of Russia, Catherine I (born Marta Helena Skowrońska), the wife of Russian Emperor Peter the G ...
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Rolls-Royce Holdings
Rolls-Royce Holdings plc is a British Multinational corporation, multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world's second-largest maker of aircraft engines (after CFM International) and has major businesses in the marine propulsion and Energy industry, energy sectors. Rolls-Royce was the world's 16th largest Arms industry, defence contractor in 2018 when measured by defence revenues. The company is also the world's fourth largest commercial aircraft engine manufacturer, with a 12% market share . Rolls-Royce Holdings plc is listed on the London Stock Exchange, where it is a constituent of the FTSE 100 Index. At the close of London trading on 11 February 2025, the company had a market capitalisation of Pounds sterling, £52.66bn, the 11th-largest of any company with a pr ...
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Интерфакс
Interfax () is a Russian news agency. The agency is owned by Interfax News Agency joint-stock company and is headquartered in Moscow. History As the first non-governmental channel of political and economic information about the USSR, Interfax was formed in September 1989, during Mikhail Gorbachev’s ''perestroika and glasnost'' period, by Mikhail Komissar and his colleagues from international broadcasting station ' Radio Moscow', a part of Soviet Gosteleradio system. Interfax originally used fax machines for text transmission, hence the company name.Михаил Комиссар: задача «Интерфакса» — быть номером один'. — TV-channel ' Russia-24', 9 September 2009. By 1990, Interfax had 100 subscribers and the agency quickly began to attract the attention of conservatives within the government, who attempted to shut down the agency. This saw the agency gain prominence in major western media, a position strengthened by its coverage of ...
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Federal Service For Supervision Of Natural Resources
The Federal Service for Supervision of Natural Resources (Rosprirodnadzor; Russian: Федеральная служба по надзору в сфере природопользования (Росприроднадзор), tr. ''Federal'naya sluzhba po nadzoru v sfere prirodopolzovaniya'') is the Federal Environmental, Industrial and Nuclear Supervision Service of Russia. This regulator is part of the Ministry of Natural Resources of the Russian Federation. History In August 2019, the Minister of Natural Resources of the Russian Federation decreed that Rosprirodnadzor would be shrunk from 89 regional entities into 32 super-regional entities. In September 2019, Rosprirodnadzor and Norilsk Nickel signed an agreement whereby the latter would "automatically meter and monitor pollutant emissions" from "its mining facilities". On 4 June 2020, Rosprirodnadzor declared a state of emergency when 20,000 tonnes of diesel oil had spilled since 29 May from a plant owned by power subsidiar ...
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2022 Russian Invasion Of Ukraine
On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thousands of Casualties of the Russo-Ukrainian War, military casualties and tens of thousands of Ukrainian Attacks on civilians in the Russian invasion of Ukraine, civilian casualties. As of 2025, Russian troops Russian-occupied territories of Ukraine, occupy about 20% of Ukraine. From a population of 41 million, about 8 million Ukrainians had been internally displaced and more than 8.2 million Ukrainian refugee crisis, had fled the country by April 2023, creating Europe's List of largest refugee crises, largest refugee crisis since World War II. In late 2021, Russia Prelude to the Russian invasion of Ukraine, massed troops near Ukraine's borders and December 2021 Russian ultimatum to NATO, issued demands to the Western world, West i ...
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