Investor Roadmap

Full name of the company

Open Joint Stock Company "Gorynsky Combine of building materials"

Year of establishment

1971

Primary activity

Production of building materials

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

6904100000: Other building bricks, made of ceramics, thickened full-bodied ceramic brick, full-bodied brick and porous block.

Superior body

Brest Regional Executive Committee

General reference and analytical information about the company

Open Joint Stock Company "Gorynsky Combine of Building Materials" was registered by the Stolinsky District Executive Committee on September 10, 2013 in the Unified State Register of Legal Entities and Entrepreneurs with registration number 291161560. The main activity of the combine is the production of wall building materials (the current balance capacity of the production of ceramic bricks is 28.7 million pieces of brick).

Authorized capital size of the company, thousand $

3517

Distribution of shares (by owners)

The state's share is 99.99%.

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

150

Average salary as on the month of filling the form, BYN

870

Type of investment project

Investment projects offered for implementation

Total volume of investments, thousand $

7000

Expected input of an investor, thousand $

2000

Project period

2023-2025

Investor participation form

equity investment, credit financing

Project description

The innovative project "Technical modernization of JSC "Gorynsky KSM" with the reconstruction of the mass preparation site and the introduction of technology for the production of ceramic products with improved operational and consumer characteristics based on clay deposits of the Stolinsky district of the Brest region" includes the modernization of the existing production in the villlage of Rechitsa for production of new products in the Brest region (clinker brick) and improving the quality of products.

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

Clinker brick 8417805000, 8416208000, clinker tile 2710124110. 6904100000: Other building bricks, made of ceramics.

Volume of investments, thousand $

7000

Annual revenues once fully operational (without VAT, thousand $)

1608

Dymanic pay-back period, yrs

10.8

NPV, thousand $

608

IRR, %

1.11

Discount Rate, %

1.85

Potential customer

The main consumers of products are construction companies in the Republic of Belarus concentrated in the Brest region . The planned share of exports in sales is 60%.

Key benefits of the project

To date, the clinker brick market is mainly represented by products of foreign manufacturers, this project contributes to import substitution and satisfaction of existing demand with products of Belarusian production. The unique properties of clays allow us to produce high-quality products.

Level of project development: feasibility study, business-plan (indicating the date of development), pre-investment study, design estimate documentation, construction work in progress etc.

The business plan was developed on December 23, 2022. The implementation of the project involves the modernization of the existing enterprise and production.

Avaliability of land plot for project implementation

Avaliability of land for project realization