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07 September 2022, 10:32

Vice premier: Sanctions have spurred Belarusian companies to focus on import substitution

Piotr Parkhomchik
Piotr Parkhomchik

MINSK, 7 September (BelTA) - The sanctions have spurred companies to work hard on import substitution, Belarusian Deputy Prime Minister Piotr Parkhomchik said during a presentation of Amkodor vehicles on 6 September, BelTA has learned.

“This year Amkodor is celebrating its 95th anniversary and we are marking this day with the company boasting a wide lineup of machines for different purposes. The challenges that unfriendly countries presently pose to Belarus and Russia have spurred and motivated us to work hard on import substitution issues. Amkodor is a vivid example of a company that in a short period of time has managed to mobilize its engineering management corps for creation and development,” Piotr Parkhomchik said.

According to him, sanctions and restrictions are a window of opportunity for strong people who are able to put new models of machinery into production. Amkodor has just such a team. In other industries there are quite a few companies that cope with these challenges, too.

“Our country is successfully coping with external pressure and will continue to do it. Challenges that Belarus and our brotherly Russian people have taken on require consolidation of forces at each workplace, return from each person working at Amkodor as well as other plants and enterprises,” the feputy prime minister stressed.

On 6 September Amkodor presented its new machines in an official ceremony. These are four modifications of the vehicles that rolled off the assembly line in August 2022: Amkodor FL70H forest loader, Amkodor W700C universal loader, Amkodor 2904-01 chipper, Amkodor STS303B hopper-loader. The presentation also included six machines demonstrated as part of the company's 95th anniversary celebration and more than 100 descriptions of import-substituting units and assemblies.

The public joint-stock company (OAO) Amkodor is the managing company of the holding company Amkodor. The original enterprise was established in 1927. Nowadays the company make over 130 models and modifications of the special-purpose and agricultural vehicles. The company consists of 29 legal entities, 22 plants, which produce more than 6,500 marketable products. The number of employees exceeds 7,000. All Amkodor enterprises are integrated into a single technological chain. Each member specializes in production of specific machines, units and assemblies for all enterprises of the company. Amkodor constantly develop new models of machinery and improve the existing ones.

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