Despite the fact that Mogilev managed to reach most of the vital economic and social targets in January-September 2007, the administration of the city is dissatisfied with its economic performance, Vice Mayor Oleg Litenkov reported.
According to the source, the industrial output of the city rose by 12.6% on the year in January-September 2007, consumer goods production increased by 8.3% and export grew 29.1%. Retail trade expanded by 13.2%, and the sale of for-fee services grew 12.8%.
The average salary totalled BYR 700,200 in January-September, or 2% up on the year. The return on goods and services rose by 1.7% to reach 84%.
The number of unprofitable companies shrank to 24 (6.1%).
At the same time, the city's export target growth in January-September was 15.8%, while actual growth made only 4.8%. The city also failed to reach the investment attraction target (7.7% against 37%).
Besides, some Mogilev-based enterprises (such as Vyasnyanka CJSC and the ice-cream factory) failed to hit their production growth targets.