BELARUS NEWS AND ANALYSIS

DATE:

Feb. 07 2005

Minsk Automobile Works Hits List of 500 Largest European Companies in 2004

Belarus

The Minsk automobile works (MAZ) has been inscribed on the 2004 list of 500 largest European companies. Such rating is annually drawn up by European companies. The Belarusian metallurgical works and the production amalgamation Belaruskaliy were also inscribed on the list.

To find oneself on such a list means that the enterprise is well-known in Europe and it is acknowledged as a producer of technology- and science-intensive goods with constantly increasing output.

In 2005 the MAZ plans to increase the 2004 production volume by 9%. In 2004 the MAZ manufactured 19,712 trucks, in 2003 - 16,856 trucks. Today the enterprise is undergoing a serious renovation. New shops are shortly to be put into operation and the foundry will be newly equipped.

SOURCE:

http://www.harolddoan.com/modules.php?name=News&file=article&sid=722


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