OREANDA-NEWS. April 8, 2011. The Belarusian mechanical engineering company Gomselmash exported USD 84.6 million worth of commodities in January-March 2011, 3.2% up on the same period of last year.

The company shipped the bulk of its exports to Russia (over 80% of the total). In Q1 2011 the company rather vigorously shipped harvester assembly sets to joint ventures in Kazakhstan and China. Sales of Belarusian machines in Ukraine improved a lot in comparison with 2010.

Foreign currency proceeds nearly quadrupled in comparison with January-March 2010 as some customers started paying for the machines delivered last year. The process has been spurred by the sides’ ability to come up with mutually beneficial forms of payments and the unwillingness of Gomselmash’s partners to run into problems when signing new contracts.

According to the source, the next three months will be rather tense. Gomselmash will have to fulfill export contracts for the delivery of grain harvesters as many regions of Russia and Ukraine start a cereals harvesting campaign in July. There are plans to deliver harvester assembly sets to China. Those harvesters are designed to harvest ear corn. The joint venture will have to produce at least 1,000 machines before the harvesting campaign starts. Gomselmash is also supposed to supply around 2,000 forage and grain harvesters to the home market.

Founded in 1978, the Gomselmash manufacturing corporation stems from the Gomselmash plant, which was established in 1930. The company is one of the largest manufacturers of agricultural equipment in the CIS and Europe. Gomselmash offers self-propelled and towed harvesters, mowing crushers, grain harvesters, mounted mower-shredders, potato and beet harvesters.