• Sale of shares in ZAO Sivelga owned by BelVEB
Enterprise description
Full name of the company
Sivelga, CJSC
Ownership
Private
Year of establishment
1996
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.
Cost effectiveness and solvency indicators of the company (before project implementation)
Project description
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  • Sale of shares in ZAO Sivelga owned by BelVEB
  • Type of investment project Предлагаемые для реализации инвестиционные проекты
  • Sector Textile, Clothing and Footwear Production (CB)
  • Project period 2019-
  • Investor participation form вхождение в капитал действующего предприятия
  • 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).
    • Full name of the company Sivelga, CJSC
    • Form of ownership Private
    • Year of establishment 1996
    • Primary activity Footwear production
    • Superior body The Belarusian Light Industry Concern
    • Region Minsk
    • District Minsk
    • Address Minsk, Korolya street, 2
    • GPS coordinates 53.90130,27.54623
    • Sale of shares in ZAO Sivelga owned by BelVEB
    • 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.

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

    Footwear

      • Authorized capital size of the company, thousand $ 236
      • Quality of shares issued, pcs 36 125
      • 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%.
      • Government body holding shares The Belarusian Light Industry Concern
      • Revenue, thousand $ 2 558
      • Net profit (net loss), thousand $ 12
      • Solvency ratio (with an indication of statutory values for this type of activity) The coefficient of security of financial liabilities by assets-0.65 (with a standard of not more than 0.85)
      • 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
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