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Open Joint-Stock Company Medplast

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Page 1: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

Open Joint-Stock Company

“Medplast”

Page 2: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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

Page 3: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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

Page 4: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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)

Page 5: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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.

Page 6: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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

Page 7: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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

Page 8: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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

Page 9: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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

Page 10: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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.

Page 11: Open Joint-Stock Company Medplast · Other plastic products 152 214 230 . ... registration certificate and certificate of conformity of the Russian Federation . ... The main market

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

[email protected]

Privatization department:

+375 17 200 05 49

[email protected]