VSMPO and Alcoa signed an agreement

In the Sverdlovsk region discussed the problems and prospects of the development of special economic zones (SEZ) "Titanium Valley". During the event, the signing of an agreement of intent between VSMPO and U.S. company Alcoa. Both companies, which are potential residents of the SEZ "Titanium Valley", are going to invest in a project for the production of aluminum profiles for the joint venture and Siemens "Ekaterinburg" — "Ural Locomotives." At this plant, which is located the UMMC, will be assembling electric Desiro rus ("Swallow").

In addition, during the event were also signed an agreement of intent to implement investment projects with such companies and firms, as Praxair Inc. (USA), SDM (Ekaterinburg), NPP Mashprom Mashproma and the joint venture and the Japanese company Mishima Kosan, Steel Industrial Company (Yekaterinburg), Yaroslavl factory industrial paints "Ural". It is worth recalling that the SEZ "Titanium Valley" is one of the biggest projects of the Sverdlovsk region, which involves the creation of a special economic zone of industrial type, in which the economic conditions are favorable for the national and foreign entrepreneurs. The project involves the construction of modern high-tech enterprises of 50-65, more than 150 billion investment, the creation of more than 13 thousand skilled jobs. SEZ is a federal register of programs aimed at the development of the Urals Federal District until 2020. Created SEZ "Titanium Valley" was in December 2010. Currently registered three SEZ resident "Titanium Valley": the enterprise "Sinersis" Electric Machine Factory, "Stroydizel-composite" company and the Ural Optical factory.

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