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23 January 2018, 14:35

Belarus industry ministry's companies post 20% increase in exports

MINSK, 23 January (BelTA) – The exports of the companies affiliated with Belarus' Industry Ministry surged by 20% in 2017, Deputy Industry Minister Sergei Gunko told a press conference on 23 January, BelTA informs.

“For us, 2017 was quite a success. Our output went up by 14%, the exports grew by 20%,” Sergei Gunko said.

The ministry's structure comprises its own scientific organizations apart from the enterprises, he added. “There are 14 accredited laboratories. They come up with developments which are then applied by our biggest plants. OAO BelAZ is in the lead in manufacturing innovative products which account for over 50% in the total volume of sales,” the deputy minister remarked.

OAO BelAZ is the managing company of the holding company BelAZ, the world's top manufacturer of haul trucks with a large carrying capacity and an extremely large carrying capacity as well as other heavy transport equipment used in the mining industry and the civil engineering industry. Over the course of 70 years the company has made over 500 various modifications of haul trucks and special-purpose vehicles.

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