MINSK, 28 April (BelTA) – The Belarusian mechanical engineering company Amkodor increased export by 75% in Q1 2023, BelTA learned from Andrei Yarotsky, Director General of OAO Amkodor, the managing company of the holding company.
Andrei Yarotsky said: “The export growth rate in Q1 2023 totaled 175% as against the previous year, with the output growth rate at 117%. We are now increasing the volume of deliveries. There is demand for vehicles and machines. We are now limited by our manufacturing capacity, this is why we look forward to acquiring equipment and respectively to an increase in our output capacity.”
The public joint-stock company (OAO) Amkodor is the managing company of the holding company Amkodor. The original enterprise was established in 1927. The company consists of 30 legal entities, 22 plants, which produce more than 6,500 marketable products, including over 135 models and modifications of special-purpose and agricultural vehicles and machines. All Amkodor enterprises are integrated into a single technological chain. Each member specializes in manufacturing specific machines, units and assemblies for all enterprises of the company. Amkodor constantly develops new models of machines and vehicles and improves existing ones.