Business news

The growth rate of BelAZ’ export to the CIS states (except for Russia) reached 231.9%, with the growth rate of export to Russia at 191.3%. The growth rate of non-CIS export hit 151.7%. The top five customer countries (in physical terms) included Russia, Uzbekistan, Zimbabwe, Kazakhstan, and Ukraine. Major non-CIS customers are Morocco, Bosnia and Herzegovina, and Angola.

BelAZ products were shipped to 28 countries across the globe. The total volume of shipments exceeded the figure registered in the entire year of 2016 by roughly one third in money terms.

The company’s output growth rate in current prices reached 190.7% as against January-October 2016.

The total carrying capacity of sold haul trucks was nearly doubled — from 43,700 tonnes to 83,000 tonnes, with the average carrying capacity per truck up from 89 tonnes to 113 tonnes. The larger figures are attributed to a considerable increase in the shipment of trucks with the carrying capacity of 90 tonnes and up: nearly two times up (in terms of units of equipment) from January-October 2016 and 174 vehicles up from the entire year of 2016.

The public joint-stock company (OAO) BelAZ is the managing company of the holding company BelAZ. BelAZ is the world’s top manufacturer of haul trucks with a large carrying capacity and an extremely large carrying capacity as well as other heavy transport equipment used in the mining industry and the civil engineering industry.