Sale of state-owned stake in JSC Pinsk Factory of Small-Scale Mechanisation Equipment
Enterprise and its description
Open Joint Stock Company «Pinsky zavod sredstv maloy mechanizatsii»
Year of establishment1986
Primary activityManufacture of auto-hydraulic lifts, backhoe loaders, high-pressure hoses and other means of mechanization
Products, services description (detailed, indicating CN FEA code)auto-hydraulic lifts - 68%; backhoe loaders - 12%; military products - 16%; high pressure hoses - 0.3%; other products
Authorized capital size of the company, thousand $714
Distribution of shares (by owners)State form - 49,3282 %, legal entities and individuals - 50,6718 %
Revenue, thousand $3103.14
Net profit (net loss), thousand $-152,14
Current liquidity ratio6.28;>1.3
Working capital financed by equity to total assets ratio0.84(>0.2)
Number of employees as on the month of filling the form, people215 people as of December 31, 2021
Average salary as on the month of filling the form, BYN828,6 as of 01.01.2022
Project description
Investment projects offered for implementation
Total volume of investments, thousand $1700
Expected input of an investor, thousand $1700
Project period2022-2025
Investor participation formequity investment
Project descriptionSale by tender of a state-owned block of shares in the amount of 76948 ordinary (ordinary) shares or 49.3282% of the authorized capital of OJSC "Pinsk plant of small-scale mechanization". Terms of sale: investment in the development (modernization) of the enterprise at least 5 million rubles; maintaining jobs; maintaining the main activity for 3 years; the possibility of reprofiling only with the consent of the Pinsk City Executive Committee
The nomenclature of the product to be produced with indication of the CN FEA codeauto-hydraulic lifts; backhoe loaders; military products; high pressure hoses; other products
Volume of investments, thousand $1700
Avaliability of land plot for project implementationAvaliability of land for project realization
Land area, ha9.01
The effect of the investment projectModernization and development of production
© National Agency of Investment and Privatization, 2023
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