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More Than One Third of Belarusian Enterprises Are Loss-making 11:11, 25/01/2002
In 2001 35.5% of Belarusian manufacturing enterprises of Belarus were loss-making, said Frants Vitko, Chairman of the Belarusian Trade Union Federation at briefing on January 24 in Minsk. It is the worst resilt of the year in the last four your years. As said by F.Vitko, in 1998 there were 16.2% of unprofitable manufacturing enterprises in Belarus, in 1999 – 17.1%, and in 2000 – 23.4%.
According to BTF leader, the solvency of the enterprises in still in a worse state. The tendency over the recent years is also negative: in 1998 there were 31.3% of solvent enterprises, in 1999 – 32.1%, in 2000 – 20.2%; in 2001 - 12,3 %. As Vitko underlined, it means that with all their working money the enterprises would be able to settle only 12.3% of their debts. In case of collecting debts through court the majority of Belarusian enterprises would be ruined.
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