Vitebsk light industry enterprises earned $37 million from product exports

Light industry enterprises traditionally make a tangible contribution to the development of Vitebsk's industrial complex.

As reported by the Vitebsk City Executive Committee's Economy Department, leading enterprises in textile and garment production include open joint-stock companies "Vitebskiye Kovry" and "Znamya Industrializatsii," communal unitary production enterprise "Vitebchanka," and limited liability company "Bell Bimbo Plus." In footwear and leather goods production, these are closed joint-stock company "Belwest," limited liability company "Management Company of Holding 'Belarusian Leather and Footwear Company 'Marko'," open joint-stock company "Krasny Oktyabr," and unitary enterprises "San Marco" and "Vitma."

Over 7.5 thousand people are employed in the city's light industry enterprises (footwear and leather goods production, garment and textile production). In January-April 2016, their share in the total industrial output at current prices was about 11 percent.

Since the beginning of the year, the value of exports of light industry products from Vitebsk has amounted to over 37 million US dollars, or 24 percent of the city's total export volume. The main sales market is the Russian Federation.

In January-March of the current year, light industry enterprises in the city as a whole generated a net profit of 33.7 billion Belarusian rubles. Revenue per employee amounted to 140.5 million rubles, or 6.8 thousand US dollars in equivalent.

Vitaly SHIENOK, "Vitbichi".