Russia's state arms trader set to increase share in world’s largest titanium company

Russia's state arms trader set to increase share in world’s largest titanium company
Rosoboronexport is set to become the controlling stakeholder in Russia’s VSMPO-Avisma. Vladislav Tetyukin, the VSMPO-Avisma Director, says he's selling a 26 percent stake in the company to Rosoboronexport.

The arms trader already has a stake in the company – and Tetyukin's shares would increase it to nearly 70%.