The team of OJSC "Lutsk Bearing Plant" is increasing exports of bearings to the CIS market. Regular large batches of products have been sent to the flagships of the automotive industry of the CIS countries - GAZ, KamAZ, MAZ, UAZ, UralAZ. Now the share of exports of Lutsk bearings on this market has increased by approximately 5 percent and amounts to 16.6% of the total volume of tapered bearings used in the CIS countries, and 13.4% of cardan bearings.
"This market was and remains the main consumer of our bearings, to which last year they were sent for a total sum of almost 55.5 million hryvnias," said Volodymyr Tsybulska, general director of OJSC "LPZ". One of the directions for increasing sales of bearings to this market is expanding the range of products sold through the development of new types of bearings. The second direction is increasing the very share of deliveries, in particular, to such enterprises as UAZ and UralAZ. Sales growth is also occurring through the further development of the dealer network in Russia and Belarus and the opening of such networks in Uzbekistan and Kazakhstan.
It is precisely to the CIS countries, and primarily to the Russian Federation, that the most goods from Volyn are currently exported. Last year, products worth more than 21 million US dollars were sent there. It is interesting that in terms of imports as well, Volyn receives the most goods precisely from the CIS countries, from the same Russian Federation.
On the whole, Volyn this year has noticeably increased supplies of goods and services for export. Since the beginning of the year, their volume has amounted to almost 120 million US dollars, which is 20 percent more than last year. Foreign trade operations were carried out by 415 enterprises and almost one hundred entrepreneurs cooperating with foreign partners in almost 60 countries of the world.