The plant went through both good and bad times over 20 years of existence. There were also times when many doubted whether the enterprise will ever make profit. Today, the plantґs capacities tripled to compare with initial ones, the achievement that was made possible due to the retooling. The profitability rate outstripped 40%, which is one of the best indicators across the country. The company, which employs 15,000 workers, aspires to be called one of the best metallurgical plants in Europe and principle sellers of metal in the world.
Western banks are ready to issue any amount of credits to the plant without asking for additional guarantees. The reputation of the BMZ is a sufficient guaranteeFirst, casting blocks - raw material - were BMZr´s flagship. Nowadays, the enterprise prefers selling ready-made goods. For example, most of Formula-1 pilots have no idea that the tires of their super-expensive fire-balls are reinforced with Zhlobin metal cord. World "Number 1" tire manufacturers, including Michelin, Bridgestone and Continental, have contracts with the BMZ. It is important to note that several years ago the plant bought the rolled wire from Japan, while today the Japanese with their high technologies, world-famous management and outstanding culture of production process choose to buy the ready-made product in Zhlobin.
Against the background of global complaints about dumping, quotas, duties, the European Union and other natural disasters, the BMZ remains the major exporter in Belarus.
Zhlobin metallurgists are known as suppliers of top-class goods.
"People trust us, they like the precision and accuracy of deliveries," Nikolay Andrianov, BMZ director general, said. "My belief is that it is better to produce less, but of better quality."
The enterprise is 100% state-owned and in this case the form of ownership is extremely efficient, which has recently been especially evident. Western banks are ready to issue any amount of credits to the plant without asking for additional guarantees. The reputation of the BMZ is a sufficient guarantee.