KYIV, April 7 – The Velta group, with titanium-containing ores extraction assets in Novomyrhorod (Kirovohrad region), will build a plant for producing goods in the United States in five to six years.

As the company's President Andriy Brodsky said on Facebook, Velta will continue operating in Ukraine.

"I want to repeat that Velta is not leaving Ukraine anywhere. We have worked and will continue to work in our own state. But! Business is such a thing that if it does not grow, if it does not have sustainable development, then it dies. We are starting preparations for such construction in the United States," the CEO wrote.