Mogilev-based Olsa unitary enterprise that specialises in furniture design and production has commissioned a new technological line, head of the company's marketing department Vladimir Shutov told Interfax.
The line that will produce polymer coating was assembled by experts from Germany and Belgium, the source specified.
The new line will enable the company to considerably expand output and improve product quality. According to the source, the line cost the company over BYR 1.75 billion (including purchase of equipment for EUR 555,000).
In January-September 2007 the company produced BYR 16.5 billion worth of goods, or 1% up on the year. The output of consumer goods grew 2.7%. According to the source, consumer goods account for 98% of the company's output. Exports expanded by 13.2% to reach $4.2 million.
The source attributes the growth to an increase in demand for Olsa's goods in Russia and Ukraine and resumption of exports to the Central Asia and the Baltic States.
Russia accounted for 70% of the company's exports in January-September. 20% of the make was sold on the domestic market, the source reported.
Olsa was founded in 1932. It specialises in furniture for dwelling homes, camping, garden, hospitals and schools. The company uses ISO 9001-2000 quality management system.