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Result of the meeting of supervisory board of OJSC “Byelorussian Steel Works – management company of “Byelorussian Metallurgic Company” holding”

The meeting of Supervisory Board ofOpen Joint-Stock Company "Byelorussian Steel Works - management company of "Byelorussian Metallurgical Company" holding", chaired by the Minister of Industry of the Republic of Belarus Pyotr Parkhomchik, was held on February 17, 2022, where the results of organization's work in 2021 were considered and tasks for 2022 were determined.

Based on the results of 2021, OJSC “BSW” achieved all key performance indicators.Steel production amounted to 2.4 million tons.The company received revenue in the amount of 1.8 billion US dollars, the volume of exports - 1.4 billion US dollars (growth rate - 145.6%).The geography of BSW export deliveries includes 53 countries.A positive return on sales and profit margin were ensured.

According to the business plan for the socio-economic development of the organization for 2022, there is a forecast to receive the revenue in the amount of 2.0 billion US dollars (including export - 1.6 billion US dollars). The growth rate of exports is forecasted at the level of112.0%.