Russia's VSMPO seeks tax breaks for titanium project

Newswire

By Vlasta Demyanenko MOSCOW, May 29 (Reuters) - The world's top titanium maker, Russia's VSMPO-Avisma , will take part in a tender in June to secure tax breaks for a project involving major foreign firms, a government official said on Monday. The project, called Titanium Valley, involves building 11 workshops to manufacture titanium products on an area of 5-10 square km (2-4 square miles) near VSMPO's main base in Verkhnaya Salda, a town in the Sverdlovsk region in the Ural mountains. ...

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