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16 October, Saturday

Ufa   °

Belebey's largest plant is to double production by 2030

Economy/Business

Belebey plant "BelZAN" will double its production by 2030. The Head of Bashkiria, Radiy Khabirov, spoke about modernizing the major domestic auto parts manufacturer in his social media.

"There is 40 kg of fasteners, made by our BelZAN in a passenger car, and 200 kg of them in a truck. Not a single Russian production can not boast of it. In fact, JSC "BelZAN" is the only domestic enterprise capable of providing import substitution in this area," the Head of the Region shared.

According to him, BelZAN is one of the priority investment projects of the republic, and it has big plans.

"The three-year plan allows forecasting 1.2 billion rubles of investments in production itself. Moreover, these are new machines and equipment. It is quite justified calculations that by 2030, production volumes at BelZAN will double, the company's share in the automotive fastener market will grow from the current 36% to 51%, the debt burden will significantly decrease, and the profitability from sales will exceed 10%," Radiy Khabirov says.

The Head of Bashkiria added that 2,920 people worked at BelZAN, and for many residents of Belebey, this was an excellent opportunity to work and earn a living near their homes. He also congratulated the staff on the 50th anniversary of the enterprise and wished them further progress.

/translated by Tatiana Aksyutina
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