Mogilevliftmash UE increased elevator exports by 31.8% in January-October 2007, a company representative told Interfax.
The source attributes the growth to an expansion of exports to the Russian Federation, Azerbaijan, Kazakhstan and Ukraine. This January-October Russia accounted for 69% of the company's exports, the source reported.
Over the period in question Mogilevliftmash produced BYR 216.5 billion worth of goods. Consumer goods output rose by 8.4% to reach BYR 16.7 billion.
Mogilevliftmash produced 5,600 units of elevating equipment of different modifications, the source specified.
The source attributes the rise in production volumes to the upgrade of production facilities. In January-October as much as BYR 16 billion has been tied in fixed capital investments.
The large-scale facility retooling campaign not only facilitated a surge in production and exports, but also made it possible to expand the product range and launch new elevator series. New products account for 30% of the range.
Mogilevliftmash makes a wide range of passenger elevators (400-1,000 kg), cargo elevators (100-5,000 kg), cargo-passenger, hospital and specific elevators. Besides, the enterprise rolls out equipment and components for replacement and modernisation.