Belarusian heavy truck maker BelAZ eager to increase export by 60% in Q1 2021

19:55, 25 March

Photo: BelTA

The Belarusian automobile engineering company BelAZ intends to increase export by 1.6 times in Q1 2021. Belarusian Economy Minister Aleksandr Chervyakov mentioned it at a regular session of the Supervisory Board of OAO BelAZ, the Managing Company of the Holding Company BelAZ, on 25 March, BelTA has learned.

Participants of the session discussed a report by BelAZ Director General Sergei Nikiforovich as well as preliminary results of the company's operation in Q1 2021.

Aleksandr Chervyakov said during the session: “BelAZ has retained its positions on the world market. Demand for the vehicles is steady. The company is increasing deliveries to Russia, the People's Republic of China, India, and other remote countries. In Q1 2021 BelAZ intends to increase export by 1.6 times. The signed delivery contracts will keep the enterprise busy, reduce the stock in storage, and further raise salaries.”

Other materials of «Economics»

Belarus intends to boost agricultural exports to Moscow Oblast via commodity exchange

13:13, 12 February

MAZ to expand use of additive technologies with new 3D printer

11:52, 12 February

Belarusian MAZ to roll out extra-large capacity articulated electrobus in 2026

20:57, 10 February

Snopkov outlines tasks for new head of Great Stone industrial park

11:43, 10 February