VSMPO-AVISMA starts an implementation of enterprise resource planning system based on SAP software

The Board of Directors of VSMPO – AVISMA Corporation approved a decision to implement an enterprise resource planning (ERP) system based on SAP software.
With SAP ERP information system both production plants of the Corporation – VSMPO and AVISMA should be in a position to manage their economic and production functions effectively and efficiently, and should get a reliable, accurate, timely and objective instrument of accounting and reporting.
Today the scale of operations of the Company exceeded the capabilities of information systems used, and introduction of a high quality ERP system is considered as necessary and a high-priority step.
The Company plans to start implementation of the system in August 2007.