S Arabian minister invites Russian counterpart to GCC oil ministers meetingBusiness & Economy October 23, 13:42
A family of eight killed in airstrike near Mosul - TVWorld October 23, 13:08
Kiev military launch more than 200 shells, destroy house in DonbassWorld October 23, 11:10
Rescuers evacuate 15 people from house hit by gas explosionSociety & Culture October 23, 11:07
Russian health minister says producing vaccines in Nicaragua is "very profitable"Society & Culture October 23, 7:36
Russia, EU should set up strategic planning committee — former foreign ministerRussian Politics & Diplomacy October 23, 6:07
DPR to raise issue of Ukrainian forces’ shellings in DPR’s south — envoyWorld October 23, 5:06
Georgia’s Orthodox patriarch to visit Moscow to mark Russian patriarch’s 70th birthdaySociety & Culture October 23, 4:21
Iraqi forces enter last settlement on northern approaches to Mosul — mediaWorld October 23, 3:56
YEKATERINBURG, July 27. /TASS/. VSMPO-Avisma corporation continues supplying components to Boeing and Airbus despite sanctions, the company’s Director General Mikhail Voevodin told TASS Monday.
"Boeing and Airbus are the key consumers of titan in global aircraft industry. Sanctions did not affect the production process either from the view point of supplies of raw materials or from the viewpoint of export of products," he said, adding that the company has "long-term contracts and cooperation agreements with all foreign clients."
However, he added, "it would not be correct" to say that sanctions had no effect on the company at all. "Both sanctions and today’s political environment complicates credit lending for Russian companies, which hinders development," he said.
VSMPO-Avisma supplies its products to the markets of 50 countries; it is deeply integrated into the global aerospace industry and is a strategic supplier for many companies. The number of employees of the company amounts to 20,000 people.