open joint-stock company medplast · other plastic products 152 214 230 . ... registration...
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Open Joint-Stock Company
“Medplast”
OJSC “Medplast”
Brief description of the company
• Open Joint-Stock Company “Medplast” (Short name: OJSC “Medplast”)
• Address: 12 Obyezdnaya str., 246051 Gomel, Belarus
• Web-site: www.medplast.by
Name of the company/info
• Production of the single-use syringe Main activity
• Manufacturing of goods used in construction Other activites
• 289 employees Personnel
OJSC “Medplast”
100%
Private owners 0.1%
State
99.9%
Statutory Fund = 4 467 340 350 BYR
Ordinary shares = 29 782 269
Nominal value of 1 share = 150 BYR
Ownership Structure
Private owners consist of
197 individual owners and
1 legal entity
OJSC “Medplast”
History
The plant begins producing plastic products. A plastic shop floor with upright molding
machines, automatic molding machines and hydraulic presses, is established at the plant.
In the same year, the plant masters the production of loudspeakers
It was established in Gomel as a cooperative association ‘Metallobytremont’ with repair
shops for kerosene stoves, bicycles, and watches. The total number of employees is
about 100 people
The company is included into the List for privatization by the National Agency of
Investment and Privatization
The cooperative association is reorganized into the plant of metal consumer products
The plant is transformed and renamed into the Open Joint Stock Company ‘Medplast’
Leased enterprise "Gomel plant of plastic products," transformed into OJSC
"Gomelplast" (order of the Gomel Regional Committee of State Property on October 27,
1999 № 167)
OJSC “Medplast”
Financials
Indicators Year
2009 2010 2011
Net assets value, BYR mn 39 144 48 540 135 338
Revenues from sales of products/work/services, BYR mn 19 712 23 804 45 184
Profit from sales of products/work/services, BYR mn 1 684 3 181 10 332
Net profit, BYR mn 1 968 1 685 4 522
Sales margins, % 8.3 15.4 29.6
Accounts receivable, BYR mn 3 840 4 235 4 738
Accounts payable, BYR mn 2 924 2 127 2 470
Average wages, BYR mn 0.990 1.301 2.040
Official Average Exchange Rate for 2009 USD/BYR – 2 792;
Official Average Exchange Rate for 2010 USD/BYR – 2 978;
Official Average Exchange Rate for 2011 USD/BYR – 4 623.
OJSC “Medplast”
Production
2 shop floors of medical polymers;
Shop floor of consumer goods and plastic waste treatment;
Shop floor of production tools;
Transport shop floor;
Mechanical repair shop floor;
Repair and construction shop floor;
Energy and water supply site.
Medplast OJSC comprises the following production floors:
Products (type) Output (BYR mn)
2009 2010 2011
Single-use injection syringes 16 412
(119 mn pieces)
21 937
(135 mn pieces)
43 230
(142,3 mn pieces)
Other plastic products 152 214 230
OJSC “Medplast”
Strengths of the Company
Gomel
KEY ADVANTAGES
Advantageous location – proximity to
Russia and Ukraine
Leading position at the market
(about 80% in 2011)
LICENCES
• License No. 02040/0529195 to engage in medical activities for 5 years (obtained on May 28, 2009)
ISO CERTIFICATES
• STB ISO 9001-2001 since 2008
• The needles of 2, 5, 10 and 20 ml have a registration certificate and certificate of conformity of the Russian Federation
OJSC “Medplast”
Personnel
61 employees have a university
degree; the number of the management
staff is 41.
289 people presently work in the
company.
0%
13%
23%
11% 8%
12%
17%
16%
Personnel structure by age
under 25
25-30
36-40
41-45
46-50
51-55
56 and more
36%
24%
21%
17%
2%
Personnel structure by education
secondary education
vocational training
higher education
secondary special
basic education
OJSC “Medplast”
Sales
The main market for export sales is Russia.
The major strategic partners on this market
are the company ‘NikKomed’Ltd. and
‘Camelia’Ltd.
Currently the company is partnering with
‘BogMark Ukraine’ Ltd. for the registration,
certification and further distribution of
syringes in Ukraine.
Main customers include:
- health care institutions of different subordination
levels,
- wholesale organizations (TERUE ‘Pharmaciya’
and RDTUE ‘Medtech’).
The traditional market for medical syringes
manufactured by the OJSC ‘Medplast’ is the
Republic of Belarus. The main market for export
sales of OJSC "Medplast" is the Russian
Federation market.
90,6 87,3 97,9
9,4 12,7 2,1
0
20
40
60
80
100
2009 2010 2011
Sales structure, %
Domestic market Foreign market
67,1 73,7 78,26 78,9
32,9 26,3 21,74 21,1
0
20
40
60
80
100
2008 2009 2010 2011
Domestic market share
in syringes sales, %
ОАО "Медпласт" Импортеры шприцов
OJSC “Medplast”
Investment projects
The OJSC “Medplast” continues to implement the investment project “Reconstruction of the general
purpose radio equipment shop floor arranging for production of medical polymers”. The project was
developed by the Republican Unitary Enterprise “Medico-Biological Institute” (RUE “MBI”).
The aim of the project is to provide for import-substituting production of single-use injection
syringes of 2, 5, 10 and 20 ml. The cost of the project is
Stage of the
project Project works
Launch
Complex 1
The reconstruction of the entire 3rd floor, 4th floor with the installation of four injection
molding machines for production of syringes of 2 and 5 ml, additional rooms for technical
equipment on the 1st floor.
Launch
Complex 2
The reconstruction of the entire 2nd floor, installation of four injection molding machines on
the 4th floor for the production of syringes of 10 and 20ml.
Launch
Complex 3
The reconstruction of the existing building of warehouses and the construction site into a
gas sterilization area, the construction of the storage facilities for containers of ethylene
oxide, the reconstruction of the transport passage, the connection of facilities to the
engineering network, reconstruction of the sewerage network, the reconstruction of off-site
electrical networks, the connection of the gas network to the process equipment,
landscaping in the area of the work.
Launch
Complex 4
The reconstruction of the multi-storey building of shop floor of medical polymers No. 1, of
the microbiology laboratory and laundry.
Launch
Complex 5
The reconstruction of storm-water treatment facilities, sewerage networks, improvement of
the factory area.
Launch
Complex 6
The reconstruction of existing production facilities for placing a quarantine warehouse, and
of finished goods warehouse.
OJSC “Medplast”
Contacts
NATIONAL AGENCY OF INVESTMENT AND PRIVATIZATION
Address: Bersona str. 14, 220050, Minsk, Republic of Belarus
Director
Dr. Klevzhits Dmitry
+375 17 200 81 75
+375 29 996 06 23
dmitry_klevzhits@investinbelarus.by
Privatization department:
+375 17 200 05 49
privatization@investinbelarus.by
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