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Economy
10 July 2020, 10:04

Belarusian Rechitsadrev boosts export to Egypt, United States, Canada

RECHITSA, 10 July (BelTA) - This year OAO Rechitsadrev has boosted export to Egypt, the United States and Canada, Chairman of the House of Representatives Vladimir Andreichenko was reported as he visited the company on 9 July, BelTA has learned.

During the visit the speaker focused on such important topics as production modernization, work amid the pandemic, export diversification, and a strategy for the coming years.

“Time has shown that the decision to upgrade the manufacture, which was made earlier, was the right one. The company is doing well today. More than 120 new jobs have been created. The company employs almost 1,500 people today. The company shows good performance indicators," said Vladimir Andreichenko.

He considers it important that OAO Rechitsadrev operates a full-production cycle. “All that is needed for the production of chipboards, laminated chipboards, plywood is available in the country. The company has launched the production of the goods that were not made in the country before, for example, synthetic resins, and thus can save foreign currency," the speaker said.

More than 85% of the output is bound for export. According to Vladimir Andreichenko, the company should look for new, premium markets without losing the traditional ones.

OAO Rechitsadrev Director General Valery Tuleiko noted that this year the company has diversified markets. “The market has changed both quantitatively and qualitatively. We have started to supply more to Egypt, Canada, the United States. They began to order more. This is the alternative for us," he said.

Due to the pandemic, the company has had to reduce the production volumes. “All in all, the hiatus lasted for a month for us. This has affected production volumes. But we will catch up. Our target is to close 2020 with the same results as last year, without falling behind. Therefore, we are set to step up the production in the remaining months,” Valery Tuleiko noted.

OAO Rechitsadrev is also studying the possibilities of implementing innovative projects, for example, HPL panels. “The project fits into our production concept. We are working out various options. One of them is to add furniture production to out business portfolio,” Valery Tuleiko said.

Vladimir Andreichenko talked to the employees of the company. He also visited OAO SvetlogorskKhimvolokno.

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