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16-01-2019 995 Views

Sales proceeds of «Byelorussian metallurgical company» holding exceeded $2 billion

According to operational data, revenue of the enterprises included into   Belarusian metallurgical company holding exceeded $2 billion. This figure was achieved in 11 months and 12 days of 2018, which is the best result in the history of the holding existence.

In January-November revenue growth rate of Belarusian metallurgical company is about 134% compared to the same period of 2017. Undoubtedly, main bulk — over 70% — creates BSW, managing company of the holding. Leading position with it share of JSC "Belvtorchermet" and JSC "Beltsvetmet" with their unitary enterprises, JSC "Rechitsa hardware plant" and JSC "Mogilev metallurgical plant". At each of these enterprises in the current year there is an increase in revenue from 123 to 158% compared to the same period in 2017. The greatest growth of that indicator (+58.9%) was achieved by Mogilev metallurgical plant, where in 2016 an investment project on production of rough axes was implemented. For 11 months of the current year JSC "MMP" sold 16 432 pcs of axes, more than 80% of that product was exported to Russia, Ukraine, Bulgaria and the Czech Republic.

   In general, growth of revenue from sales of products, goods, works and services of the enterprises-participants of the holding "BMC" had a positive impact on the active work on the mobilization of internal reserves, increase in sales volumes in real terms, increase in sales efficiency and rise in prices for products.

   «Byelorussian metallurgical company» holding was established in 2012. Nowadays it includes 22 enterprises located in all regions of the Republic of Belarus.