OREANDA-NEWS. VSMPO-AVISMA Corporation and Siemens - the world leader in electronics and electrical engineering - intend to develop strategic partnership in implementation of integrated solutions for production facilities automation. Currently, Siemens, together with partners, implements large projects for upgrading of most important production areas of the company - VSMPO press and forging facilities and machining centers. The agreement signed has been prepared following the results of Siemens delegation visit to VSMPO in May, 2013, and calls for enhancement of cooperation between the companies to the extent of further projects implementation.

In addition, the agreement reached implies extension of cooperation in the exchange of experience and implementation of training programs. In particular, it is planned to hold joint technical sessions and new equipment presentations.

The agreement has been signed within the strategic partnership between Siemens and Rostec State Corporation. This year Siemens and a number of companies being part of Rostec State Corporation signed documents on cooperation and partnership.