BELARUS NEWS AND ANALYSIS

DATE:

16/06/2008

Minsk Plant of Wheeled Tractors substantially increased production of equipment for oil and gas industry

The Minsk Plant of Wheeled Tractors (MZKT) has built more than 300 equipment units over the five months of the current year, which is 1,7 times more than in the previous year. The manufactured equipment includes 289 motor vehicles, 24 trailers and semistrailers. In January-March, the plant manufactured 9,191 billion rubles worth of products, which is 137% as compared to the same period the year before. In January-May 2008, the investments of MZKT in production reached $6,3 million, which is a seven fold increase from the same period of the previous year. The national production company, Minsk Plant of Wheeled Tractors is a state-owned company and is managed by the State Defense Industry Committee of the Republic of Belarus. The company focuses on manufacturing of heavy duty on-highway and off-highway vehicles, trailers and special chassis to carry oilfield and construction equipment. The company is the leading manufacturer of special multiaxle wheeled chassis for Arctic conditions and rough terrain. It was founded in 1991 on the basis of the Minsk Vehicle Plant.

Source:

http://www.oil-gas.biz/new/990000746/

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