Borisovsky Increases Fixed Capital Investment

by 5m Editor
7 November 2008, at 10:18am

BELARUS - Borisovsky meat processing plant is to increase investment by 16% over 9 months.

According to Meat Russia, Borisovsky meat processing plant increased the value of investments attracted to the fixed capital by 16% up to 4.9 billion rubles (BYR) for 9 months of the current year, as Natalia Eroshenko, the Head of the Planning and Economic Department, said to BELTA's reporter.

More than BYR 3 billion were directed for purchase of equipment for abattoir workshop. At present, the reconstruction of pig slaughtering line is continued at the plant. Another BYR 2 billion will be subsidized for technical reequipping of the workshop till the end of the year. About BYR 20 billion of credit resources in total were subsidized for re-equipping and reconstruction of Borisovsky Meat Processing Plant for the last six years. In particular, $9 million were subsidized for reconstruction of two sausage workshops.

The enterprise installs technological equipment of world leading producers from Germany, Switzerland, Poland, Austria and the USA. As for technical equipment, Borisovsky Meat Processing Plant is one of the most state-of-the-art meat processing enterprises of Belarus.

For 10 months of the current year, the enterprise increased product manufacturing output by 17.4% up to BYR 128 billion in comparable prices, and consumer good production output was up by 16.4% up to BYR 133 billion. Sausage product manufacturing output grew by 0.2% to 7,200 tons. Semi-processed product line was significantly expanded, and production volume increased by 25.9% up to 3,641 tons. Meat product manufacturing total output grew by 14.8% up to 15,070 tons.

Exports more than doubled to $11.9 million for 9 months.

Borisovsky Meat Processing Plant was built in 1933 and at present it is one of the largest enterprises of meat processing industry of Belarus. Its monthly manufacturing output of sausage and semi-processed products amounts to 800 and 350 tons, respectively. The meat processingpPlant has outlets in Borisov, Minsk, Zhodino, as well as in some small towns of Minsk region, according to Meat Russia.