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The number of unprofitable organizations in the Minsk region decreased by more than a quarter in the I quarter

29.05.2017

 The number of unprofitable organizations in the Minsk region declined by more than 25% in the first quarter of 2017, BelTA learned from the Economy Committee of the Minsk Regional Executive Committee. 315 organizations of the region worked with losses for January-March, "the committee noted." Compared to the same period in 2016, the number of unprofitable organizations decreased by 108 units, or by 25.5%. " According to experts, among the organizations of republican subordination the number of unprofitable decreased from 214 to 140, communal subordination - from 93 to 79, without departmental subordination - from 116 to 96. During this period, the number of unprofitable enterprises in agriculture decreased (by 67 units ), In industry (at 21). With respect to each unprofitable organization, measures are taken to deduce to profitable work with the application of pre-judicial rehabilitation measures.
According to monitoring data, the decrease in the cost of production (works, services) was observed in the organizations of the holding "Myasomolprom" (minus 5.5%), the Housing and Communal Services of the Minsk Region (minus 7%), in many Transport and construction organizations, service organizations, agriculture, as well as flax factories.
The Economic Committee also told that according to the results of the first quarter the profitability of the sold products, goods, works, services by the regional organizations amounted to 10.5%. The profit from sales reached Br504 million and increased by 7% compared to the indicator of January-March last year. Net profit increased 6.1-fold to Br320.4 million.
The volume of gross regional product in the Minsk region for the first quarter totaled Br3 billion. Its growth rate by the same period of 2016 reached 108.9% with a target of 100.9%. 

Written by belta.by