The Glubokoye Dairy and Canning Plant invested over Br27 billion in fixed assets in the first quarter.

April 22, Vitebsk / Diana Kurilo - BELTA /. Open Joint Stock Company "Glubokoye Dairy and Canned Goods Plant" invested over Br27 billion in fixed assets in the first quarter, the enterprise informed a BELTA correspondent. Several major investment projects are planned for implementation this year. In particular, the plant intends to purchase a line for the production of sterilized milk in "Tetra-Brik Aseptic" cartons of 0.5-1 l with a capacity of 7 thousand packages per hour, reconstruct the tin can workshop and create a production facility for new types of tin cans, as well as purchase a Polpak machine for filling and packaging viscous liquids in doy-pack bags with a device for attaching a cap in the corner of the bag. The total cost of these technical re-equipment works is estimated at almost Br80 billion. Another investment project will allow the enterprise to generate its own electricity and cover almost half of its production needs, thereby saving considerable funds. For this purpose, the plant intends to purchase and install a cogeneration unit worth Br7.8 billion. To expand the range of products manufactured, Glubokoye Dairy and Canned Goods Plant plans to allocate about Br160 billion this year for the reconstruction of its branch in Braslav. Equipment for the production of hard cheeses, soft cream cheese, and curd creams will be purchased here. In the first quarter of this year, the growth rate of production volumes at the enterprise was 170%, with commodity products produced at current prices worth Br152.8 billion. The OJSC produced 15.8 million conventional cans of dairy preserves, which is 5% more than in the same period last year; the production of whole milk products also increased. In January-March, 26.4 thousand tons of raw materials were processed, and production capacities were utilized at 72%. Innovative products account for 37% of the total production volume. The enterprise supplied 41.4% of its products to foreign markets. The export volume amounted to $7.1 million, which is 9.1% more than in the same period last year. The foreign trade balance is positive and exceeds $4 million. In January-February of this year, the profit from the sale of finished products amounted to Br5.3 billion, and sales profitability increased from 2.7% to 5.4% compared to the same two months last year. Net profit amounted to Br1.2 billion. The labor productivity growth rate in the first quarter of this year compared to the same period last year was 293.8%. OJSC "Glubokoye Dairy and Canned Goods Plant" specializes in the production of dairy preserves, whole milk products, dry whole and skimmed milk, cheeses, and butter. The enterprise was founded in 1972 and reorganized into an OJSC in 1998. -0-