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Manufacturing investment projects in Belarus

Here is a selection of manufacturing investment projects in Belarus.


Company name: BelAZ

Investment Project:
Production plant upgrade.

Company’s profile:
BelAZ manufactures heavy duty trucks for mining, quarrying and construction and is a standard bearer for Belarusian industry. It employs 11,000 people in its sites in Zhodino and Mogilyov.

Project outline:
The company seeks funds to embark on a broad modernisation programme to boost productivity, energy- and material-saving. This will make BelAZ more competitive on the global market and improve after-sales servicing.

The upgrade is designed to help the plant meet ambitious production volume plans for 2012 initially in its trademark quarry dump truck. It also plans to launch a series of new vehicles, including automated dump trucks with a payload capacity of up to 320 tonnes.

Estimated project cost:
US $180 million.

Amount and type of required financing:
US $91.1 million.

Payback on investment:
Loan to be repaid in 2009-2014.

Minsk Bearing Plant (MBP)

Investment Project:
Expanded production capacity at bearing plant.

Project outline:
Minsk Bearing Plant (MBP) is one of the largest producers of roller bearings in the world. MBP’s
bearings are used in agricultural and textile machinery, railway rolling stock, motor vehicles
and the energy industry.

MBP is seeking investment for new production lines to meet the rising demands of home and foreign customers, particularly in emerging markets.

Ownership structure:
Joint stock company.

Estimated project cost:
US $20.2 million.

Amount and type of required financing:
Loan, direct investment.

Payback on investment:
Recoupment of capital investment is estimated
to take 4.5 years.

Contact details:
Petrovich Mikhail Nickolayevich.
JSC ‘Minsk Bearing Plant’, 2 Zhilunovich Str,
Minsk, 220026, Belarus.
Tel: +375 172 95 10 24


Company name: MAZ

Investment Project:
Building a new production facility.

Company profile:
MAZ is one of Belarus’ biggest enterprises, employing 37,000 people producing passenger buses, lorries, trailer buses and crane trucks.

Project outline:
The company plans to build a new bus production facility to boost MAZ’s market position in the passenger bus sector. The new facility is to have 4 conveyer belt production lines.

Ownership structure:
100% state-owned.

Estimated project cost:
US $193.5 million.

Amount and type of required financing:
US $193.5 million. A loan or a stake in the capital. The size of the stake will be considered on merit.

Contact details:
Yushko Oleg Valerjevich, Financial Director
JSC ‘Minsk Automobile Plant’,
2 Socialisticheskaya St, Minsk, Belarus.
Tel: +375 172 17 96 45
Fax: +375 172 17 22 11

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