Phisico-technological Institute of Metals and Alloys (up to 1996 has been referred to as Institute of Foundry Problems) of the National Academy of Science of Ukraine was established in 1958. Nowadays it is one of the largest European scientific and technical centers in the fields of foundry, metallurgy and material science.
Two Academicians of the National Academy of Science of Ukraine (NAS), three NAS Corresponding Members, thirty Doctor of Science and over sixty Candidate of Science degree holders are involved in resolving fundamental and applied problems in the Institute.
Through its post-graduate studies department the Institute conducts training of highly qualified scientific experts for the CIS and other countries. Since 1992 the Institute has published "Casting Processes" scientific and technical magazine, and since 1995 - "Metal Studies and Metal Treatment". The Institute is copablisher of "Metal and Foundry in Ukraine" magazine. For many years the Institute maintains close business relations with leading scientific centers, companies and enterprises in Ukraine and board. Nowadays the Institute has contracts for introduction of its technologies with companies in more than 30 countries.