Svitanak subcontracts for Valentino, MEXX, Adidas

ORSHA, 7 July (BelTA) – The Orsha-based Svitanak Industrial Trade Company is now subcontracting for Valentino, MEXX, Adidas, BelTA learned from director of the company Lyudmila Kuznetsova. To date the Belarusian sewing company cooperates with more than 60 companies from CIS and non-CIS countries. According to Lyudmila Kuznetsova, before placing orders, foreign brands audit the company to examine its technological level, personnel qualifications and the availability of social guarantees. Fro the last three years the company has invested almost Br1 billion to revamp the production facilities and purchase new equipment. In January-June 2011 the industrial output went up 63.3%, labor productivity increased some 63.3%, the export of services was up 90.6%. The company exported $3.3 million worth of products (up 78.9%). Svitanak posted $1.5 million of foreign trade surplus. The company’s revenues in January-June 2011 made up Br756.4 million. Svitanak offers a wide range of clothes for children. The authorized capital makes up Br2520 million. Partaking in the joint stock company are 951 individuals. The maximal share of one stockholder makes up 0.76% of the authorized capital.

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