Business news

MINSK, 19 January (BelTA) - Belorusskie Oboi Holding Company of Bellesbumprom Concern increased the export of paper and cardboard 1.8 times to 8,600 tonnes in 2015, BelTA learned from the press service of Bellesbumprom.

OAO Belorusskie Oboi, the managing company of the concern, exported over $6 million worth of products in 2015. The company’s export went up 44% over 2014. In physical terms, the export of paper and cardboard soared by more than 80% to 8,600 tonnes,” the representative of the concern said.

The press release of the press service reads that Russia and Poland were the major importers of paper and cardboard ($4 million and $1.3 million respectively). Besides, the company exported its products to Lithuania, Ukraine, Armenia, Kazakhstan, Moldova, and Latvia. “The main exporter was Dobrush Paper Factory Geroy Truda which modernized its paper machine in 2014. As a result, the factory managed to expand the lineup of products and double the output. The factory is currently implementing one more investment project to build a facility to produce multilayer coated and uncoated cardboard with the annual capacity of 200,000 tonnes. This project will be implemented in 2016-2017,” the representative of Bellesbumprom stressed.

According to Bellesbumprom, the production of coated and uncoated cardboards will help reduce the import of these products from the CIS countries and Europe, and ensure the growth of export.

Belorusskie Oboi Holding Company includes four enterprises: Gomeloboi, Minsk Wallpaper Factory, the branch of Dobrush Paper Factory Geroy Truda, and the branch of Belkarton. They offer a wide range of industrial paper and cardboard, wallpapers, office paper, paper blocks and other products. OAO Belorusskie Oboi is part of Bellesbumprom Concern.