Business news

MOGILEV, 8 November (BelTA) – Bobruisk-based Belshina has started supplies to Kuwait, Cameroon and Oman, BelTA learned from Belshina Director General Aleksei Yakovlev.

“We have managed to enter new markets thanks to the company’s active policy on the diversification of exports. The first batches of tires to these countries are small. We hope, however, to increase and expand the assortment of the export and long-term cooperation,” the director general said.

The company has resumed tire supplies to France. In January-October 2017 tires for agricultural equipment were sold through its commodity distribution network in the country. “The EU countries are a big and promising market for us. It is gradually opening up for the company thanks to the quality of our tires today,” Alexei Yakovlev emphasized.

In January-October 2017, the company also increased the supply of tires to Sudan, the Philippines, and Cuba. For example, almost 80% of the products shipped to Cuba are tires for agricultural machinery. Cargo tires place second accounting for 14% of the company’s total exports. Export of tires also considerably increased to Sudan (more than 4 times).

The Belarusian tire factory was founded in 1972. It was converted into the public joint-stock company (OAO) Belshina in 2002. Belshina is one of Europe’s top tire makers. The company offers over 350 standard sizes and models of tires. The company trades with over 75 countries. The main domestic consumers include Belarus’ largest enterprises such as BelAZ, MAZ, MTZ, MZKT, Gomselmash, and Amkodor.