The National Agency of Investment and Privatization in cooperation with the Embassy of the Republic of Belarus in China organized the visit of the «Harbin Bearing Group» company and «Harbin Investment Corporation» to the Republic of Belarus on May 10 – 13, 2015.
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«Harbin Bearing Group» company was founded in April, 2000. It was one of the 156 main state projects within the first Five-Year Plan. The company is one of the three leading companies in the bearing industry with the main focus on the manufacture of large and small precision bearings.
Precision bearings manufactured by “Harbin bearing group” occupy a key position in the aviation, aerospace and rail transport in China.
In 2014, the production volume reached 500 mln yuan, the amount of production amounted to 2.8 mln of sets, sales income — 260 mln yuan.
Top management of Chinese companies «Harbin Bearing Group» and «Harbin Investment Corporation" is exploring the possibility of future cooperation with Belarus in the framework of long-term investment and export projects in the field of bearings production in the Republic of Belarus.
During the visit, there were held negotiations with the direction of JSC «Minsk Bearing Plant", where the parties discussed promising areas of cooperation, including the issues of establishing a joint venture in Industrial park «Great stone» basing on production capacity of JSC «Minsk Bearing Plant».
In addition, during the visit to JSC «Minsk Bearing Plant" the Chinese delegation got acquainted with the process of production of various kinds of bearings and visited the Belarusian company’s museum.