Modernisation of Joint Stock Company « Minsk Bearing Plant »

А. Description of the project potential

А1. Project name:
Modernisation of Joint Stock Company « Minsk Bearing Plant »
(a) Short name:
Modernisation of Joint Stock Company « Minsk Bearing Plant »
(b) Full name:
Modernisation of Joint Stock Company « Minsk Bearing Plant »
(c) Brief description:
Equipping of the basic production facilities with new modern equipment in order to provide bearing production.
А2. Project status:
Stage of investigation
A3. Participating organizations and their roles (contact persons, telephone, fax, e-mail, Internet page):
Joint Stock Company « Minsk Bearing Plant », Labusov Alexander Fedorovich, General director,
phone (+375-17) 295-10-52; fax (+375-17) 296-29-79; e-mail: mpz@mpz.com.by
А4. Project description (approaches, objectives, components, results, stages, terms, general financing, advantages, influence on transient economic processes etc.):
The investment project provides modernization of basic manufacture of enterprise. Purchase of the modern special precision process equipment with NC for replacement of physically worn out and obsolete equipment is planned.
А4а. Total cost of the project (million US dollars):
69,6
А5. Preconditions / history / general program / associated or similar projects:
The factory was established in 1948. The first bearing was assembled in 1951. Joint Stock Company «Minsk Bearing Plant » produces more than 800 standard sizes of bearings with diameter from 10 up to 980мм, weight from 20g up to 880kgs, 28 constructive versions.
А6. Brief description of influence on an environment:
Does not render harmful influence on an environment.
А7. Possible obstacles / problems / risk degree:
The most essential risk influencing realization of the project - increase in the prices at raw materials.
А8. Implementation period / project payback period (years):
4 / 7
А9. Branch accessory of the project:
Mechanical engineering
 
В. Items of capital expenses (total investments necessary for implementation of the project):
В1. Physical components: В2. Capital investments (million US dollars):
Carrying out of research work on inspection of forge shop 0,03
Purchase of the equipment 61,17
Design of shop layout, start-up, building and assembly jobs for new equipment 8,4
Total: 69,6
В3. Sub-projects on placement: В4. Project cost (million US dollars):
   
  
С. Capital according to the origin source, available with the organizers of the project (proprietors, co-partners, sponsors):
С1. Type of sources (grants, investments, equity participation / property etc.): С2. Sum ((million US dollars):
Equity 15,1
Direct investments 54,5
 
D. Demanded investments, missing funds:
D1. Necessary financing, required type of financial participation:
The required equipment is necessary to be financed.
D2. Financing sources: D3. Type of the financial tool: D4. Sum (million US dollars):
Investor Direct investments 54,5
D5. Financial institutions involved in the project implementation:
 
Е. Demand (consumers) and incomes:
Е1. Type of consumers, volumes, prices, incomes, estimated benefit/savings:
The basic consumers of bearings are the large enterprises of machine-building, metallurgical, mining, power industries. Sales: domestic market -35%, export -65%.
Е2. Financing sources: ЕЗ. Incomes (sales) (million US dollars:
Sales income (2010-2020 г.) 689,5
 
F. Operating and working costs:
F1. Constituents of costs, depreciation policy, organization of production etc.:
For realization of the project the factory has necessary production premises, engineering networks and communications. Construction of new buildings and premises is not required.
F2. Expenses (2009-2019): F3. Amount (millions USD):
Material expenses 330
Personnel expenses 214
Amortization 64
Others 42
TOTAL 650
 
G. Net profit:
G1. Net profit amount: G2. Amount (millions USD):
Profit 39,5
 
Н. Source of the information on the project:
H1. The form is filled (name, position):
Barmah Stepan Stepanovich, production manager
Н2. The organization (name and address):
“JSC «Minsk Bearing Plant», 2, Zhilunovich Str., Minsk, 220026
НЗ. Phone / fax / E-mail:
Phone (+375-17) 295-10-52; fax (+375-17) 296-29-79; e-mail: mpz@mpz.com.by
Н4. Date:
March, 2010
Н5. Departmental identity of the project:
Ministry of Industry of the Republic of Belarus