[citation needed] Located in Verkhnyaya Salda, Russia, VSMPO-AVISMA also operates facilities in Ukraine, England, Switzerland, Germany, United States.
[2] VSMPO is mostly owned by Industrial Investments LLC, whose main owner is the russian billionaire Mikhail Shelkov.
[3] VSMPO stands for VerkhneSaldinskoye Metallurgicheskoye Proizvodstvennoye Ob'yedineniye (Верхнесалдинское металлургическое производственное объединение, or Metal-producing company of Verkhnyaya Salda; and AVISMA for AVIatsionnyye Spetsial'nyye MAterialy or AVIation Special MAterials).
[10] In November 2021, “VSMPO-AVISMA” and Boeing signed an agreement to increase producing capacity of UBM as well as project investment cost of R&D sector.
[citation needed] In November 2021, the Arbitration Court of Sverdlovsk Oblast ordered to the company to pay 651 million roubles for pollution on ground area of 347538 square meters pro rata to Federal Service for Supervision of Natural Resources legal action.