OREANDA-NEWS. May 10, 2012. Companies controlled by Belarus’ Food Industries Concern (Belgospischeprom) reported a 25.3% rise in exports in January-March 2012 to USD 150 million, Belgospischeprom said in a release.

Belarus’ food industries report a USD 43.7 million foreign trade surplus. Imports by Belgospischeprom shrank 68.6% to USD 57.1 million.

The major destination of Belgospischeprom exports in January-February 2012 was the CIS states, which account for 86.9% of the total volume of exports. Russia accounts USD 42.4 million of Belgospischeprom exports.

Exports to other foreign states (13.1% of the total volume) grew 72.2% to USD 12.3 million. In Jan-Feb Belgospischeprom stared exporting hard liquors to Cuba and Vietnam, sugar to Greece, hard liquors and mineral water to Great Britain.

Belgospischeprom companies reported a Br494 billion profit in Jan-Mar 2012, which makes USD 61.366 million at the NBB exchange rate.

The return on sales totalled 19.8%, with over 3 trillion worth products manufactured (USD 375 million).

Belgospischeprom companies’ investment activities shrank 12.1% on the year in Q1 to Br248.9 billion.

Belarus’ Food Industries Concern (Belgospischeprom) was established in 2000 to coordinate the production of liquors, wines, beer, confectionery, sugar, tobaccos and canned vegetables by state-owned companies