Russian Head of General Staff Gerasimov hands award weapon to Syrian generalMilitary & Defense August 19, 9:10
German politician says Crimea should to be recognized as part of RussiaWorld August 19, 6:22
Russian Emergencies Ministry carries out over 430 humanitarian missions abroad since 1993Society & Culture August 19, 6:18
Olympic diving champion Zakharov to carry Russia’s flag at opening ceremony of UniversiadeSport August 19, 4:11
New defense attorney to be appointed in former Ukrainian president’s high treason caseWorld August 19, 4:04
Mayor says Izmir International Fair homage to memory of late Russian ambassadorWorld August 19, 3:59
Putin, Medvedev emphasize need to restore cultural facilities in CrimeaSociety & Culture August 19, 3:43
El Pais: all four suspects in Barcelona terror attack shot deadWorld August 19, 3:36
Foreign Ministry speaker Zakharova very passionate about her dollhouseRussian Politics & Diplomacy August 18, 23:01
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.