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20 November 2020, 13:37

Vitebsk plant Monolit praised as good example of public-private partnership

VITEBSK, 20 November (BelTA) - The Vitebsk plant of radio parts Monolit is a good example of cooperation between the state and a private investor, Anatoly Linevich, Belarus President's aide, inspector for Vitebsk Oblast, said as he visited the enterprise, BelTA has learned.

Anatoly Linevich was updated on the development of the plant, got familiar with the manufacturing process and talked to the workers. He said he decided to visit Monolith to learn more about the company, which has not slowed down this difficult year. “The plant is operating steadily in the current conditions. Some companies had seen ties severe, output and revenue decline because of the pandemic. Yet Monolit consistently pays taxes. Workers are satisfied with the conditions and wages. The management does not stand still and invests a lot of efforts into modernization,” Anatoly Linevich noted. He added that the Vitebsk plant is a good example of the coordinated work of the two owners - the state and the private sector.

The company's director Aleksandr Shumakher said that 97% of the output goes to Russia. Its consumer is the military industry. In January-September, the company's net profit exceeded Br3.1 million. “During the coronavirus pandemic our state did not close its borders and the enterprise continued working. The order intake has increased, and the manufacturing output surged by some 50% as against January-September 2020,” the director added. The plant also launched exports to Azerbaijan and India.

Today the plant produces 2 million items of radio parts. With a higher demand, the plant may increase its output to 5 million, switching to a two-shift operation and involving new specialists. Next year Monolit plans to start the production of dielectrics of 10 microns and smaller.

Aleksandr Shumakher also noted that Monolit is the only plant in Belarus that makes capacitors. They are used in any electronics, but domestic companies prefer to buy Chinese capacitors because they are cheap. He also criticized the Belarusian standard in the production of components for the military industry that have grown outdated. They have been in force since Soviet times, and must be updated to meet the present-day requirements. Anatoly Linevich promised assistance to deal with the issues.

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