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](https://mf.b37mrtl.ru/files/oldfiles/business/russias-state-arms-trader-set-to-increase-share-in-worlds-largest-titanium-company/466e8ea1a0838.si.jpeg)
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%.
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