The creation of a machine-tool holding is planned in Belarus

March 17, Minsk / Liliya Krapivina - BELTA /. A machine tool holding company is planned to be established in Belarus. Approaches to the creation of this structure, its goals and objectives were discussed today at a working meeting held by the Minister of Industry Dmitry Katerinich at OJSC "Stankostroitelny Zavod "Krasny Borеts" in Orsha, BELTA was informed by the press service of the Ministry of Industry. The meeting was attended by the heads of machine-tool and tool-making enterprises of the industry. The holding company is to include 22 enterprises employing approximately 11.5 thousand people. The minister instructed to work out and prepare a draft regulatory act on the creation of the machine-tool holding company and send it for approval by interested ministries and departments. The creation of the holding company is intended to significantly increase the production of products and export supplies of machine-tool and tool-making enterprises. In the future, by 2015-2016, it is planned to increase the volume of industrial production to more than Br1.2 trillion. At the same time, export supplies of products should reach $200 million. In the total production volume, the share of exports should be at least 50%. The visit of the Minister of Industry to OJSC "Stankozavod "Krasny Borеts" took place as part of a unified information day. A meeting was held between Dmitry Katerinich and the work collective and management of the enterprise. During a conversation with the plant workers, issues of labor stimulation were discussed. The minister instructed the director of the enterprise to consider the possibility of stimulating workers through special bonuses for further retention of engineering personnel at the enterprise during the next shareholders' meeting. Currently, "Krasny Borеts" operates stably, is profitable, and implements social programs. According to the National Statistical Committee, in 2010, the machine-tool and tool-making industry of Belarus produced products worth Br515.5 billion, which amounted to 103.7% compared to the 2009 level. The Orsha machine-tool plant was founded in 1900 and transformed into an open joint-stock company in 2010. It produces universal high-precision grinding equipment for various purposes and automation levels, machine tools according to individual customer drawings, means of small mechanization, and consumer goods. -0-