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13 December 2021, 09:11

Belarusian Bellesbumprom's exports to increase by $250m in 2021

MINSK, 13 December (BelTA) - The export of the enterprises affiliated with the Belarusian timber, woodworking, pulp and paper industry concern Bellesbumprom will increase by $250 million as compared to 2020 to reach almost $1 billion by the end of 2021, Bellesbumprom Chairman Mikhail Kasko said in an interview to STV channel on 12 December, BelTA has learned.

“This year the concern will add at least $250 million through exports. We will also increase the number of countries we export to,” Mikhail Kasko said. He added that some 80% of the total output is exported.

According to him, while a number of foreign manufacturers have suspended their activities due to the lockdown, Belarus has not stopped its production. “There was a demand and we satisfied it. We got revenue and used it to pay off the loans to the government,” said Mikhail Kasko. He added that Bellesbumprom's activities aimed not only at getting a foothold in the market but also to take further steps to increase supplies.

According to the Bellesbumprom chairman, Belarus is also implementing several investment projects in the woodworking sector. A German company is setting up a new production of upholstered furniture in Ivatsevichi. A completely new production will be launched by the end of next year.

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