4 ECONOMY The Minsk Times Thursday, February 9, 2012 Yet to be Tractor- mastered market generated comparable with that of billions Russia BelAZ sets up joint venture with Indian Enrika Trades & Services to provide maintenance of Dollars services for dump trucks in India Belaz Enrika Mining Minsk Tractor Works enjoys Equipment & Services JV second ‘youth’, having will enable BelAZ to secure a foothold in the attractive and manufactured and sold 59,000 promising Indian market. Ac- vehicles in 2011: 14,536 more cording to the Deputy Head of the Commercial Department than in 2010 for Non-CIS States at BelAZ, Denis Yaskevich, the capacity By Vladimir Yakovlevsky MTZ’s electro-mechanic of the Indian market is com- transmission tractor won parable with Russia: BelAZ’s Almost all the company’s a silver medal for innova- major export destination. manufactures were exported tion at the International Calculations indicate that last year, with total revenue Agritechnica-2011 Fair in over 100 Belarusian dump exceeding $1bn. In all, 57 German Hanover recently. trucks with a lift ing capacity countries purchased Minsk- Unsurprisingly, its sales from 100 to 300 tonnes could made tractors, including market is ever expanding. be shipped to India annually. Sweden, Lithuania, Estonia, Twenty assembly facilities Moreover, joint assembly fa- Germany and France. now operate across 12 coun- cilities may be set up, with An almost identical tries (using Belarusian com- India acting as a springboard trend was observed in 2010, ponents) — proving profi t- for promoting sales to neigh- perhaps due to MTZ’s re- able to all sides. bouring countries. BelAZ has cent attention to innovative Th e Minsk Tractor already concluded a contract design. Its powerful trac- Works is soon to demon- to ship its vehicles to Indone- tors include an experimen- strate its traditional and new sia. tal batch of 355HP vehicles. vehicles at international ex- Last year, BelAZ did not Products meet the strictest hibitions in Greece and Bul- export to India but, in 2012, ecological standards (such garia. Meanwhile, in 2012, it is taking part in a tender to as the 3В eco-standard, at least 65,000 tractors and supply 77 two hundred-tonne which is highly praised by other vehicles will be pro- ARTUR PRUPAS dump trucks to the major coal professionals). duced. ‘Belarus’ tractors supplied to consumers in dozens of countries mining company: Coal India. Further prospects for bilateral co-operation were discussed Promising idea looks as New bus easily in Minsk, during a sitting of the Belarusian-Indian Inter- governmental Commission valuable as precious metal for Co-operation in Economy, placed on rails Trade, Industry, Science and First jewellery holding planned for Belarus Culture. It was co-chaired by By Pavel Dovlatov buses will have been sup- the Indian Minister of State he explains. plied, each resembling a for Commerce and Industry, Analysing the results of A carriage diesel train futuristic tram in design. Jyotiraditya Scindia. Kristall’s work, Mr. Soroko- — a joint project by They can carry 90 passen- voy notes that the company Belkommunmash, gers and may accelerate up has raised its share on the Minsk’s Wagon Repair to 120kmh with minimum Belarusian market from 14 to Plant and a Polish noise, while using three Belshina 20 percent; in turn, Belgran’s holding — is successfully times less fuel than tradi- share has risen to 2 percent undergoing acceptance tional diesel trains. The proposes from just 1. “Our joint in- tests technical characteristics crease has reached 22 percent In coming months, the are impressive. alternative (from 15),” he asserts. “We’ve rail bus should replace long “During tests, the rail signifi cantly strengthened suburban trains on less bus needs to fulfil techni- to imports our market position within a busy sections of the Gomel cal targets: mechanical, single year, while the profi t- and Vitebsk branches of functional, ecological, Bobruisk company ability of our products now Belarusian Railways. The electromagnetic compat- supplies trading network, BELTA exceeds 20 percent.” exact lines haven’t yet been ibility, aerodynamics and inspiring interest among Gomel Kristall produces diamonds Besides expanding its disclosed, as analysis is still ergonomics, not to men- car lovers By Olga Belova that Belarus has joined the presence on the Belarusian being conducted. tion safety factors (includ- Belshina’s original passen- Single Economic Space. “Th e market, Kristall has been By the end of the year, ing fire resistance),” notes ger car tyres are designed for Th e holding’s forma- Belarusian market is more increasing its exports, sell- six similar the press service of Belaru- tough climatic conditions, with tion has already begun, with systematised, lacking illegal ing 8 percent more abroad sian Railways. a vectored tread for added grip Gomel’s Kristall Production imports. Meanwhile, many last year (against 2010); its — even in snow or black ice. Association uniting with products from South-East foreign economic turnover Th e new domestically produced Belgran JSC; Belyuvelir- Asia are being off ered in Rus- exceeded $80m. At present, tyres are perfect for winter torg is also to join, allowing sia under Russian brands,” he the company sells its jewel- travel — including to Western jointly co-ordinated produc- says. He expects these to pen- lery and precious stones to Europe, where metal anti-skid tion, with shared marketing etrate the Belarusian market, Russia, Belgium, Israel and studs are generally illegal. schemes and logistics. Th is so local manufacturers must the USA. Another Bobruisk tyre has should lead to expanded sales be ready for such competi- Not long ago, PM been designed for foreign-made — primarily domestically. tion. “We aim to strengthen Mikhail Myasnikovich vis- cars, for wet or dry weather. Th e Kristall’s General Direc- our position on the domestic ited the company, viewing tread channels water away, re- tor, Ruslan Sorokovoy, notes market by using better de- its development, and learn- ducing the risk of ‘aquaplaning’, that such unions are likely to sign and quality, alongside ing more about the jewel- Bus which looks which can lead to unexpected become more common now certain marketing strategies,” lery holding. like a diesel train skidding on wet roads..