OAO Belarusian Cement Plant shows potential

OAO Belarusian Cement Plant, part of the Belarusian Cement Company, has potential for development. The Belarusian economy minister, Vladimir Zinovsky, made this statement when he visited the plant on Saturday, according to BelTA.

The minister also noted that the business can grow through cost reduction efforts and by introducing new competitive products with a high added value. Mr Zinovsky stated that the stable operation of the company is a factor in the sustainable economic development of the country as a whole.

"There is no doubt that the government will help the company up to a point. But the business model of the company should get better so that it could pay off its debts by generating profits. Everything necessary is already available such as a strong team of engineers, good managers, who clearly understand what they have to do, support from municipal government agencies and competitive products. Belarusian Cement Plant has every chance of becoming an industry leader in the near future," he said.