OREANDA-NEWS. Tirus International SA was incorporated on June 30, 2007 as a wholly-owned subsidiary of VSMPO - AVISMA Corporation. The office of the Company is located in Lausanne, Switzerland, reported the press-centre of VSMPO - AVISMA.

Tirus International SA will perform hands-on coordination of the activities of the foreign trading companies of VSMPO - AVISMA in the international markets.

The main tasks which the Swiss company will be accomplishing are to ensure a flexible response to the changes of the condition of various markets, prompt redirection of flows of commodities, management of ending inventories at the foreign warehouses of the Group, as well as direct distribution of the Corporation’s products in the European region. Such single and agreed marketing policy will allow to increase the strategic competitive advantages of the Corporation.

Dirk Mansfeldt, General Manager of another wholly-owned subsidiary of VSMPO - AVISMA Corporation - VSMPO - Tirus, GmbH, has been also named General Manager of Tirus International SA.