Marko company intends to produce every third pair of Belarusian shoes in 2011

February 24, Vitebsk / Diana Kurilo - BELTA /. Joint Limited Liability Company "Marko" intends to produce 4.2 million pairs of shoes in 2011, the company's General Director, member of the Council of the Republic of the National Assembly of Belarus Nikolai Martynov told a BELTA correspondent. According to the concern "Bellesprom", this year shoe factories will increase the production of leather shoes by 9.1% to almost 13 million pairs compared to 2010. Thus, "Marko" will account for almost a third. Last year, three shoe factories, part of LLC "Marko", produced 3.9 million pairs of shoes. The increase in production in 2011 is planned mainly due to OJSC "Krasny Oktyabr". This year, the development of new shoe models in the mid-price segment will begin here. In 2008, "Marko" acquired 83.64% of the company's shares from the state with a nominal value of Br30 for more than Br180.7 million. At that time, "Krasny Oktyabr" produced 26 thousand pairs of shoes. The new owner managed to significantly increase production volumes in two years. Based on last year's results, it exceeded 900 thousand pairs. Moreover, all products are sold both on the domestic market and exported to the Russian Federation. In 2010, 288 jobs were created at "Krasny Oktyabr". The total number of employees is about 1 thousand people. Joint Limited Liability Company "Marko" is one of the largest shoe manufacturers in Belarus. The "Marko" enterprise was founded in 1991. In addition to shoe production, "Marko" is engaged in the production of leather goods and shoe lasts for the country's enterprises. The number of employees at all "Marko" facilities is over 4 thousand people. Three factories are involved in shoe production. In 2010, they produced 3.9 million pairs of shoes. Sales volume amounted to 3.86 million pairs. Half of the manufactured shoes are exported. -0-