Tekhnodinamika wants to become resident of Titanium Valley

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Holding “Tekhnodinamika” and “Titanium Valley” have signed an agreement of intent during the meeting at the industrial exhibition “Innoprom-2015”. Holding plans to start production of titanium products for aircraft in the special economic zone.
The agreement of intent was signed by the head of the Holding Maxim Kuzyuk and CEO of the special economic zone Artemy Kyzlasov. The parties agreed to the project, which will take place in stages.
In the near future technical and economic characteristics of production will be determined and a business plan will be developed. Then “Tekhnodinamika” should get the status of a resident of the special economic zone and proceed with the project.
“Our cooperation with the special economic zone will significantly reduce costs while creating titanium products and reduce the cost of logistics function,” Maxim Kuzyuk, CEO of “Tekhnodinamika” said.

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