"Orshaagroprommash" will direct over Br1.5 billion to fixed capital in 2010.

May 18, Vitebsk / Olga Bogacheva - BELTA /. OJSC "Orshaagroprommash" will invest over Br1.5 billion in fixed assets in 2010, the chief engineer of the enterprise, Alexander Shchebletsov, told a BELTA correspondent. In January-April, the enterprise invested over Br600 million in the renewal of fixed assets. With these funds, a special air-plasma cutting unit with numerical program control, five semi-automatic welding machines, and five boilers running on local fuels, which will be installed in separate production areas, were purchased. By the end of the year, the enterprise plans to purchase a 5 m wide and 250 t capacity sheet bending press, guillotine shears, and other technological equipment for the production of agricultural machinery. This will require about Br1 billion. The modernization of the technological park will allow "Orshaagroprommash" to reduce its depreciation rate to 70%, as well as increase production output and improve its quality, added Alexander Shchebletsov. In January-March, the enterprise produced goods worth Br2.5 billion, which is 57.4% more than in the same period of 2009. Exports increased by 26.7%. Deliveries were made to Russia. Labor productivity at the end of the first quarter increased by 22.3%. OJSC "Orshaagroprommash" specializes in the production of agricultural machinery. The average number of employees is 267 people. -0-