Belinvestbank put up agricultural farm Falichi for sale, part of the bank holding structure. The company specializes in the production of meat and dairy products; also it is involved in plant growing, targeted at provision of feed to the livestock industry.
The agricultural firm is located in Starye Dorogi district, Minsk region. The total land area of farms is 3 212 hectares, including 3 015 hectares of farmland.
Agricultural farm Falichi was created in August 2004 and in April 2016 was transformed into JSC. The total amount of the bank's investments amounted to about 7.5 million rubles (3.806 million US dollars), due to which the company significantly strengthened the material and technical base.
Today agricultural farm Falichi is a stable operating company, one of the leaders of the agro-industrial complex Starye Dorogi district. In 2014, the economy for the first time in the history of the area was included in the top 100 fastest growing companies of Belarus. The National Business Rating is formed on the basis of four indicators of financial and economic activity — revenues from sales, net profit and losses, productivity and average wages. In 2015, the company broke its own growth rates record.
The economic activity of the agricultural firm provides high production figures and all dairy products of the complexes are oftop-quality.
“Last year we produced 2.5 thousand tons of grain and leguminous crops; the yield was 35.7 centners/ha with the average yield in Starye Dorogi area of 28.6 centners,” noted director of agricultural farm Falichi Andrew Hmurovich. “Gross milk production amounted to 5.7 thousand tons; we produced 471.5 tons of cattle and 202.2 tons of pig products.”
Today, more than three thousand head of cattle account for three thousand hectares of the agricultural land of the enterprise; the number of pigs exceeds two thousand head. The economy continues to grow; the experts are adopting modern methods of work, changing approaches to crop production in compliance with the requirements of climate changes.
“Who wants to earn, will be able to do it,” said the head of Falichey. “The main reserve is always the desire to work. Our team is good, result-oriented, people tend to do more and better. Revenue of the economy for the first half 2016 amounted to 2.1 mln rubles, it is more than 1 million dollars. Profit from constant activity is 0.2 million Belarusian rubles (0.102 million US dollars). Return on sales is 6.4 per cent.”
The authorized capital is 4,749 million rubles (2,410 mln US dollars), which is divided into 47,495,864 common (ordinary) shares with a par value of 0.1 rubles each.
According to an independent evaluation of RUE Institute of property and valuation, the Belinvestbank share in the authorized capital of the company amounts to 9.3 mln rubles (4.72 million US dollars). Currently, the shares of JSC agricultural company Falichi put up for auction of the Belarusian Currency and Stock Exchange.
Get advice on the acquisition of shares in OJSC Belarusian Currency and Stock Exchange you can from the experts of "Belinvestbank". Telephone in case of query about brokerage services on the securities market: 289-36-33, 239-02-96, 239-01-36.