Rieker
Grodno shoe factory “Neman” increased export by 28,4%
09.09.2011 3170

Grodno shoe factory “Neman” increased export by 28,4%

Grodno shoe factory "Neman" in January-July this year increased exports by 28,4% to $ 523 thousand compared to the same period last year. The agency BELTA writes about this with reference to the words of Alla Zharina, Deputy Director for Marketing and Sales of the enterprise.

The deputy director noted that this year interest in the company's products on the markets of non-CIS countries has revived, while deliveries to Russia have slightly decreased. A small drop in exports to the Russian Federation is explained, according to Alla Zharina, by the presence of significant stocks of Russian shoe-makers since last year. Nevertheless, the largest share of Russia is 65% of the total export of the enterprise. The rest falls on Mongolia (16%), Latvia (14%), Lithuania and Estonia. According to the results of the year, the enterprise should increase exports by 17%.

The company began to supply products to Mongolia this year. Shoes worth $ 83,4 thousand have already been sold to this country. At the end of the year, the factory will supply there (mainly women's shoes) for another $ 100 thousand. However, while shipments to Mongolia are inconsistent, the country is eyeing shoes from the Grodno manufacturer.

In January-July this year, the company produced goods at comparable prices of 23,3 billion Belarusian rubles (96% compared to the same period last year). For seven months 385 thousand pairs of shoes were produced. Half of the products are children's shoes, about 30% are men’s, 20% are women’s. Stocks of finished products of the enterprise as of August 1 amounted to 133% with the norm of 160%.

Revenue from sales of products increased in January-July compared with the same period last year by 57,3% to 38,1 billion Belarusian rubles. Net profit increased by 35,5% to 2,2 billion Belarusian rubles. Profitability of sales increased by 3,7 percentage points to 15,2%. Return on sales increased by 2,4 percentage points to 11,2%. According to the results of seven months, investments in fixed assets amounted to 205 million Belarusian rubles.
Grodno shoe factory "Neman", founded in 1947, produces men's, women's and children's shoes from natural leather and textile materials. The trade marks of the enterprise are “Neman”, “Elefas”, “Lady-N”, “Assol” and “Jumbo”. The factory is part of the Bellegprom concern.

Grodno shoe factory "Neman" in January-July this year increased exports by 28,4% to $ 523 thousand compared to the same last year ...
5
1
Rating

Latest News

Wildberries increased turnover in the 1st half of 2021 by 70%

According to the results of the first half of 2021, the sales turnover of the online retailer Wildberries increased by 70% year-on-year, and amounted to 303 billion rubles. The growth in sales of goods in pieces amounted to 82%, - noted in a press release ...
02.08.2021 53

World Footwear 2021 Yearbook: 2020 has been a tough year for the global footwear industry

2020 was a tough year for the footwear industry, but better than predicted. In 2020, footwear production and exports fell 15,8% and 19%, respectively, according to the Portuguese World Footwear 2021 Yearbook ...
02.08.2021 51

Adidas x Lego has released a new collection of Ultraboost DNA sneakers for adults and kids

The design of the latest sneaker collection created by the adidas and Lego collaboration is firmly associated with the most famous children's designer. Like the previous adidas x Lego collections, the models in this line feature a heel counter with ...
01.08.2021 74

YouTube Shoes Report: what awaits us in August?

In this issue of Shoes Report News we tell: when and where the Euro Shoes exhibition will take place, which brands and from which countries will be exhibitors, eco-trends in the production of shoes, the rise in prices for shoes and clothes, you can now buy wholesale shoes online, wholesale ...
30.07.2021 750

A laboratory for testing labeled goods appeared in Russia

The Association of Retail Companies, the TrekMark company and the operator of the national labeling system, Honest Sign, have opened a laboratory for testing labeling codes on goods. The center appeared on behalf of the Ministry of Industry and Trade on the basis of ...
30.07.2021 251
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning