Investor Roadmap

Full name of the company

Sivelga, CJSC

Primary activity

Footwear production

Products, services description (detailed, indicating CN FEA code)

Footwear

Superior body

The Belarusian Light Industry Concern

General reference and analytical information about the company

The company specializes in the production of model and everyday men's and women's shoes, as well as adolescent shoes made of genuine leather.

Authorized capital size of the company, thousand $

235.9

Distribution of shares (by owners)

OJSC Bank Belveb - 25,002%, JSC Luch - management company of the holding "Obuv -" Luch " - 65,855%, JSC "Minsk leather production Association" - 9,143%.

Revenue, thousand $

2558.4

Net profit (net loss), thousand $

12,6

Current liquidity ratio

1.42

Working capital financed by equity to total assets ratio

0.29

Number of employees as on the month of filling the form, people

434

Type of investment project

Investment projects offered for implementation

Project period

2019-

Investor participation form

equity investment

Project description

CJSC Sivelga occupies one of the leading positions in the footwear industry of Belarus along with such enterprises as JSC JV Otiko, JV Belvest LLC, JV Marko, JV Sanmarko, JSC Grodno Shoe factory Neman, etc. The company accounts for about 5.5% of footwear production in the Republic. Shoe company "sivelga" was established as a limited liability company on April 30, 1996. Participants of the company were: Minsk footwear open joint stock company " Luch "and the Belarusian-Italian joint venture Amico. Shoe company was established and registered on may 5, 1996. Sivelga" is an enterprise specializing in the production of model and everyday men's and women's shoes, as well as adolescent shoes made of genuine leather.

The nomenclature of the product to be produced with indication of the CN FEA code

Footwear

Potential customer

Republic of Belarus, the EAEU member States

Key benefits of the project

Continuous development of production, its expansion and strengthening is provided. We are working on forecasting, creating and constantly updating the assortment, establishing relationships with customers, and implementing a balanced credit and financial policy. In the first half of 2007, the company completed the implementation of the quality management system according to ISO 9000 international standards in the National system of the Republic of Belarus, and in September 2007 it successfully passed certification with a certificate of compliance with the state standard of the Republic of Belarus. As of 30.09.2018, it is a participant (founder) in the authorized funds of four legal entities of the Republic of Belarus (JSC TD Luch-M, branch "MHD" of JSC Belinvestbank, LLC Belsoleta, LLC Solinsta) and one legal entity of Kazakhstan (LLP SAMHAT).