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Experience, partnership, responsibility
1973 Year of foundation
3000 Products
56 100 000 m<sup>2</sup> per year
84% Export

News

22 May 2017

"MOGOTEX" IS THE WINNER OF THE CONTEST "THE BEST EXPORTER OF 2016"

Mogotex JSC became the winner in the nomination "Light Industry" of the contest "The Best Exporter of 2016". The awarding took place in the Palace of the Republic on May 19, 2017.

The annual contest is held by the Belarusian Chamber of Commerce and Industry (BCCI) in cooperation with the state and local authorities, Minsk city administration, the National Academy of Sciences of Belarus, the State Institution “Administration of the High Technology Park” and other authorities. The main goal is to recognize and encourage producers of goods and services that have achieved the highest export performance in their industries.

The winners of the contest in 22 nominations are selected according to the results of financial and economic activity for the last calendar year with respect to four criteria:

total exports in value terms (USD Thousand);

export growth rate to the previous year in value terms;

foreign trade balance (USD Thousand);

volume of exports in value terms per worker (USD).

Mogotex JSC is the biggest textile manufacturer in the Republic of Belarus and the CIS countries. In 2016, the total exports of “Mogotex” in value terms reached US $ 94,282K, the volume of exports per worker - US $ 33,410. The growthto the previous period was 84%. The foreign trade balance was US $ 30,512K.

"The victory in the contest "The Best Exporter of 2016" is very important for us. “Mogotex” has already won the contest twice - in 2014 and 2013. The third victory approves once again that "Mogotex" goes the right way. The company takes regular actions to find new markets and expand the geography of the partnership. The most important task that we face now is to diversify the supplies of our products," said Victor Matievich, General Director of Mogotex JSC.

Today “Mogotex” products are exported to more than 15 countries of the world, including Russia, Kazakhstan, Ukraine, Moldova, Uzbekistan, Lithuania, Germany, Hungary. The percentage of export in overall production is 75%.

The assortment of export products of Mogotex JSC includes fabrics for special clothing and uniforms (30%), lining fabrics (1.5%), decorative fabrics (3%), other fabrics (1.3%), ready-made products (64.2%).

On the foreign markets Mogotex JSC works more through its distribution network: dealers and joint ventures, each of which targets a particular area. Today “Mogotex” has 9 joint ventures: in the Republic of Belarus (1), the Russian Federation (6), Ukraine (1), Lithuania (1); and 13 dealerships: in the Russian Federation (9), Ukraine (1), Kazakhstan (1), Moldova (1), Armenia (1). Mogotex JSC sells up to 60% of the output through the distribution network.



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