The Belarusian mechanical engineering company Amkodor will raise its output by 65-70% in 2016 over 2015, the press service of the enterprise quoted Amkodor’s Deputy Director General for Economy and Finance Yelena Maximova as saying.
“We have shown very good results in 2016. As against 2015, the industrial output went up by 65-70%. We ensure the targeted level of sales profitability and have the net profit at the end of the year. It is not big, but very important for us after two years of negative dynamics”, Yelena Maximova remarked.
The holding company needs to move in the same direction in 2017.
“Only the industrial output will help us ensure the long-term stabilization of the financial standing and continue our development”, the deputy director general explained.
She stressed that in 2017 the enterprise will be focused on the fulfillment of all current and new tasks. These are the efforts to penetrate new sales markets, improve the commodity distribution network on existing markets with a view to harmonizing the positions of equipment manufacturers and dealers, and expand the presence of the holding company’s products on these markets. Plans have been made to implement new innovative projects to launch the production of competitive equipment and components, reduce the production costs. (BelTA/Business World Magazine)