Open Joint-Stock Company Minsk Margarine Plant
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1 Open Joint-Stock Company Minsk Margarine Plant
2 Brief description of the company Name of the company/ info open Joint-Stock Company Minsk Margarine Plant legal Address: 27 Kozlova St Minsk web-site: Main activity production of margarine products (margarines cooking and confectionery fats); production of mayonnaise; production of ketchup horseradish and mustard. Other activites disposal of waste-soap stock; refining freezing out and deodorization of fats and oils; packing of vegetable oil. Production capacity for production of margarine products tons per year; for production of mayonnaise ketchup horseradish and mustard products tons per year; for production of packed oil tons per year. Personnel 531 employees
3 Ownership Structure Private owners consist of 2 legal entities and individual persons. State 93.8% Private owners 6.2% Authorized Fund = BYR Ordinary shares = Nominal value of 1 share = BYR 100%
4 History The company is included into the List for privatization by the National Agency of Investment and Privatization The Open Joint Stock Company Minsk Margarine Plant was established through transformation of the state margarine plant The plant started the production of mayonnaise The plant is put into operation with design capacity of tons of margarine products per year. Production capacity for margarine products allowed to meet the demand for margarine products not only in Belarus but also in a number of areas of Russia and the Baltic states
5 Financials Official Average Exchange Rate for 2009 USD/BYR 2 792; Official Average Exchange Rate for 2010 USD/BYR 2 978; Official Average Exchange Rate for 2011 USD/BYR Net asset value BYR mn Revenue BYR mn Indicators Year Sales profit BYR mn Net profit BYR mn Sales margins % Receivables BYR mn Payables BYR mn Average wage BYR mn
6 Production At present the Company produces over 70 items of various products many of which include new types. The products of the OJSC 'Minsk Margarine Plant' are available under the trademark Zolotaya Kaplya ( Golden Drop ) with the slogan The housewife s gold reserve. Products (tons) Margarine Mayonnaise Packed vegetable oil Unpacked vegetable oil Ketchup Horseradish Mustard
7 Strengths of the Company KEY ADVANTAGES an advantageous location in the center of Minsk highly-qualified staff natural high-quality products 40% market share for margarine products 28% - for mayonnaise products Minsk AWARDS Diplomas of the Winner of Republican Contest XIII The Product of 2010 Diplomas of the Winner in Russian Oil and Fat Products Quality Contest in Moscow ISO CERTIFICATES STB ISO since 2006 HACCP in the production of mayonnaise products since 2010
8 Personnel Personnel structure by age Personnel structure by gender 19% 23% 12% 11% 13% under % 43% men women 13% 9% and more 531 people presently work in the company. Personnel structure by education Employees structure 25% university degree 29% workers office workers 75% 71%
9 Sales Sales structure % 1 1,8 3, ,2 96, Domestic market Foreign market The Company mainly operates on the domestic market but is increasing its sales abroad Main customers are trade and industrial state and private enterprises Prices of the goods are based on prevailing market prices
10 Investment projects being implemented Investments of the OJSC Minsk Margarine Plant from their own resources in 2011 was aimed at further technical re-equipment of the production with a view to energy saving renovation of wornout equipment for the refining and deodorization of fats and improvement of the product quality. Investment Project Description 1. Reconstruction of the OJSC 'Minsk Margarine Plant' including - purchase and installation of a line of continuous fat refining and winterization with capacity of tons per day - purchase and installation of two vacuum facilities for the preparation of viscous products with capacity of 1 and 2 tons per hour Disbursed investments BYR mn Gas supply for the boiler DKVR 10/ replacing the burner unit including - purchase and installation of burner module and automatic safety
11 Investment projects to be implemented Reconstruction of water recycling = BYR mn Reconstruction of waste treatment facilities = BYR mn Purchase of the equipment for continuous or semicontinuous deodorization of fats with capacity of tons per day = BYR mn 1) Purchase of the equipment for the production of margarine for puff pastry = BYR mn 2) Expansion of the warehouse of finished products = BYR mn
12 Contacts NATIONAL AGENCY OF INVESTMENT AND PRIVATIZATION Address: Bersona str. 14, , Minsk, Republic of Belarus Director Dr. Klevzhits Dmitry Privatization department:
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