70th anniversary of the Great Victory

GOMEL, 15 April (BelTA) -Representatives of the foreign enterprises that make part of the distribution network of the Belarusian Steel Works (BMZ trademark) will plant trees in the alley in honor of the 70th anniversary of the Great Victory, spokesman for the company Alexander Olesik told BelTA.

The event will take place during a meeting of the distribution network representatives to review the Q1 2015 performance. The maple alley will be laid down in front of the BMZ administration headquarters. It will be a tribute to all veterans who fought for peace and who made the modern achievements of BMZ and its business partners possible. The first 17 maple trees will be planted by BMZ executives and representatives of the enterprises of the distribution network that represent BMZ abroad. BMZ plans to expand the alley in the future: the right to plant new trees will be given to business partners, dignitaries and chief executives of the enterprises of the holding company.

The BMZ commodity network comprises four joint ventures (in Austria, Germany, China and the United States), three trading houses (two in Russia and one in Lithuania) and 10 distributors. In January-March 2015, approximately 60% of the plant's products were sold through these companies.

In Q1 2015, BMZ’s top 5 consumers were: Russia (21.1%), Poland (15.8%) and Germany (14.4%), Lithuania (12.0%), and the United States (8.5%). BMZ prioritizes the European market (62.9% of sales), the CIS market (21.1%), and the American (9.6%).

Founded in 1984, the public joint-stock company OAO Belarusian Steel Works is the Management Company of the Belarusian Metallurgical Holding Company. The enterprise specializes in cast bars, profiled iron, rolled steel, reinforcing bars, metal cord, wire for high-pressure hoses and other kinds of wire. BMZ exports over 80% of the output and employs almost 12,000 people.