The Postavy dairy plant will direct Br36 billion to fixed capital in 2011.

February 25, Vitebsk / Olga Bogacheva - BELTA /. JSC "Postavy Dairy Plant" plans to invest Br36 billion in its fixed capital in 2011, the enterprise informed a BELTA correspondent. The main project for the current year, for which design and estimate documentation is currently being developed, will be the construction of a new cheese production facility with a capacity of 20 tons per day and an investment volume of over Br30 billion. An additional workshop, approximately 50 m x 100 m in size, will be located on a free site within the enterprise's territory. Construction work is planned to commence at the end of the first - beginning of the second half of the year. The Postavy Dairy Plant intends to commission the facility in 2012. The project implementation will allow the enterprise to create new jobs and take a leading position in the Vitebsk region in the production of hard cheeses. Another important project for the plant and Postavy as a whole is the reconstruction of water treatment facilities. The first stage of this investment project, with a total cost of Br10 billion, will be implemented this year. It includes the execution of all necessary construction and installation works. The commissioning of equipment for biological and chemical water treatment with a capacity of 450 cubic meters per day and the completion of the reconstruction are scheduled for 2012. In addition, the enterprise will allocate a small amount of funds in 2011 for the modernization of the cold supply system, the reconstruction of the administrative building, and current repairs. In 2010, the plant produced products worth Br59 billion, or 103.2% compared to the previous year. The profitability of sales was 4.1%. Products worth $7.2 million were exported to Russia, Kazakhstan, the USA, Singapore, Poland, and Germany. The share of exports in the total sales volume was 30%. The energy saving indicator reached minus 20.5% against a target of minus 12%. The enterprise specializes in the production of cheeses, whole milk products, and casein; it also produces ice cream and mayonnaise – more than 40 product names in total. The whole milk product group includes over 20 types. The total number of employees is over 280 people. -0-