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12 August 2020, 12:40

BelAZ operating in routine mode

Oleg Stepuk
Oleg Stepuk

ZHODINO, 12 August (BelTA) - OAO BelAZ – the management company of the BelAZ Holding is operating in a routine mode, albeit under capacity, acting director general director Oleg Stepuk told the media on 11 August, BelTA has learned.

“Even in these conditions, we are operating steadily shipping products for $32-35 million every month. Production volumes are also in the region of $25-30 million. We balance the production and sales volumes so as not to go into debt and to execute all orders. Wages, taxes, and payments on loans to banks are paid on time,” Oleg Stepuk said.

The company's executives met with the employees to discuss the situation and to prevent the spread of fake news about the operation of the company, to answer questions.

“We see that the situation in the world is not easy. COVID-19 has made things more difficult,” Oleg Stepuk said as he addressed the employees. "Our company is export-oriented - 95% of the output is bound for export. The markets are shrinking. It is becoming more and more difficult to compete. If we allow a hiatus, the markets will not wait for us. Others will take our place,” he noted.

He asked the heads of units to convey this message to all the employees: the company will continue operating in a routine mode. It fulfills its obligations in terms of salary payment and social guarantees.

Because of a decline in production due to objective reasons, the salary has dropped a little. However, the average salary at the company remains at the level of Br1,300. The company also provides an annual bonus to its employees.

“As soon as borders reopen, we will resume cooperation with our partners and salaries will go up,” Oleg Stepuk said.

He also read out an address to all industrial companies of the country calling on their employees to stay strong, to keep spirits up and not to fall prey to manipulators: “We all need to understand that we are one nation. Each of us may have a different viewpoint, but we must express our opinions peacefully, without violence. In a civilized country, all issues must be resolved exclusively through peaceful means. We may have different views on the development of our country, but we will not be able to build anything on hatred and momentary emotions. We are for stability, development and mutual understanding.”

Photos by Maksim Guchek

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