OREANDA-NEWS. November 26, 2012. The net profit of the state-owned Belarusian company OJSC Belaruskali grew 80% on the year in January-June 2012 to Br4.396 trillion, which makes an equivalent of USD 513.551 million, according to the accounting balance sheet published by the producer.

Belaruskali’s revenues reached 10.019 trillion rubles in H1 2012 (USD 1.17 billion, up 90% on year).

The state-owned Belarusian company OJSC Belaruskali is one of the world’s largest manufacturers of potash fertilizers, employing about 18,590 personnel. It operates the Starobinskoye potash salts deposit and comprises four mine groups, auxiliary shops and support units.

Belaruskali controls 16% of the world’s potash fertilizer market.

The government of Belarus assessed the 100% stake in state-owned OJSC Belaruskali at USD 30 billion.