The Russian producer of metal titanium annually purchases several tens of tons of raw materials (ilmenite) from the Ukrainian Vysokogorsky GOK, as well as about 15 thousand tons from its own Demurinsky GOK in the Dnipropetrovsk region. Despite the anti-Russian rhetoric, the Ukrainian government is in no hurry to impose an embargo on the "aggressors".
The State Duma decided to soften the bill on counter-sentences, removing the main controversial items from it and making it completely a framework. Originally proposed measures "caused concern in society", and they decided to refuse.
"Helicopters of Russia" cooperate with foreign companies and hope that counter-forces will not have a negative impact on business. According to the head of the corporation Andrei Boginsky, the authorities should "approach reasonably" to this issue.
Russia will not prohibit the supply of titanium for Boeing and Airbus. VSMPO-Avisma could suffer from this.
Developed by deputies of the State Duma, the bill hits first of all on the Russian population and business.
The titanium producer saw the risk of losing to them a part of the world market due to Russia's sanctions against the US.
Mikhail Shelkov, a former specialist in working with soft currencies in Rosoboronexport, controls the world's largest titanium producer, the VSMPO-Avisma corporation. According to Forbes, his fortune exceeds $ 1 billion.
A former top manager of Rostec is now co-owner of "VSMPO-Avisma" and the largest manufacturer of medicinal substances.
Once again the company is going to pay dividends, while an increase in staff salaries again is rejected.