Name: Organization (modernization) of production on the basis of CJSC "Mogilev sewing company" Vesnyanka "

-Address: ZAO Vesnyanka, 212030 Mogilev Region, Mogilev, Leninskaya Street, 91

-Coordinates: 53.912064, 30.347429

 

Situational scheme:

 

1

 

Layout scheme:

 

2

 

Photograph of the main building:

3

1. General information about the company

Full name of the company

Closed joint-stock company "Mogilev sewing company" Viasnyanka "                  

 

Industry

Light industry

Foundation date

1.07.1929

 

Shareholders

1,038 shareholders:

1,035 - individuals (76.9%)

         3 - legal entities (23.1%, including 0.163% on the balance sheet of the company)

Location, site of the enterprise

Address: 212030, Mogilev st. Leninskaya d. 91 Website: www. vyasnyanka. by

 

 

2. Information on the activities of the enterprise and products

      The main activity of ZAO Viasnyanka is:

14130 - manufacture of other outerwear;

14199 - manufacture of other types of clothing and accessories; not included in other groupings;

46410 - wholesale of textiles;

46421 - wholesale of clothing;

47710 - retail sale of clothing in specialized stores.

The share of main types of activity in total revenue is 97.2%.

      Other activities carried out by the enterprise:

          15200 - manufacture of footwear;

          47820 - Retail sale of clothing, footwear and textiles in tents, kiosks and markets;

          52100 - storage and warehousing;

          68200 - lease of own and leased property.

The share of other types of products in total revenue is 2.8%.

2) Characteristics of the products:

 CJSC Viasnyanka is the largest producer of women's and men's outerwear, a costume and dress group for women. The company has implemented and operates the quality management system STB ISO 9001-2009.

3) The production capacity of the enterprise with a single-shift work schedule makes it possible to produce 133 thousand pieces per year.

Characteristics of the markets for the products

1. The closed joint-stock company "Mogilev sewing company" Viasnyanka "is the largest producer of women's and men's outerwear. The main products produced under the brand name "Viasnyanka": coats, women's short coats from woolen and mixed fabrics; jackets, women's raincoats made of synthetic fabric; coats, short coats, men's jackets from woolen and mixed fabrics; jackets, suits, skirts, trousers for women and adolescents from woolen, linen, cotton and synthetic fabrics. The company produces garments under its own brand "Viasnyanka", and also provides clothing production services on a give-and-take basis.

4. Human Resources

1. Average number of employees, 341 people.

2. The average monthly wage is 378.3 rubles or 194 US dollars

5. Financial indicators of the economic activity of the enterprise (thousand US dollars)

1. Selected indicators of the balance sheet:

Balance, thousand US dollars

01.01.2015

01.01.2016

01.01.2017

Basic assets

3720

2440

2338

Total non-current assets

3743

2458

2397

Inventory

1113

308

330

Trade and other receivables

93

150

230

Total current assets

1250

485

628

TOTAL ASSETS

4994

2943

3025

Total shareholders' equity

2174

922

837

Total long-term liabilities

78

50

0

Loans

1326

745

875

Trade and other payables

1308

1176

1218

Total current liabilities

2742

1971

2187

Total liabilities

2821

2021

2187

TOTAL LIABILITIES

4994

2943

3025

 

2. Selective indicators of the profit and loss account

 

Profit and loss account, thousand US dollars

2014

2015

2016

Revenues

2716

1494

1365

Cost price

3325

1553

1082

Gross profit

-609

-58

283

Operating profit

-208

95

10

Financial expenses

1289

407

148

Profit before taxation

-2125

-523

-139

Income tax expense

 

 

 

Net income /loss

-2125

-523

-139

EBITDA (earnings before interest, taxes and depreciation)

-2125

-523

-139

Profitability on net profit,%

-64

-34

-13

Additional financial indicators:

Net asset value

2174

922

837

Dividends on shares held by the Republic of Belarus

0

0

0

 

3. Indicators of the company's solvency

 

Coefficients of Solvency

Coefficient value

on 01.01.2017

The normative value of the coefficient

current ratio (K1)

0,29

К1= 1,3

the ratio of own circulating assets (K2)

-2,48

К2=0,2

asset security ratio (K3)

0,72

К3≤0,85

 

 

 

 

 

 

6. Information on capital buildings (buildings, structures) and isolated premises and land plots

- In the property of the enterprise there are premises of administrative, industrial, warehouse purpose of 1966-1986 built, located at the address: ul. Leninsky, 91 total area of 27131.6 square meters. m.

- In permanent use of the enterprise there are land plots on Leninskaya St., 91 and Kedrovaya Street with an area of 1,8111 ha and 0.2561 ha, respectively.

7. Description of the project:

         ZAO "Viasnyanka" offers for consideration the proposal to find and enter a potential profile investor in the share capital of CJSC Viasnyanka. The essence of the proposal is investment in the form of financial investments (financial assistance in the form of direct investments (loans)) from 3 million US dollars for the removal of the creditor load (more than 2 million US dollars), settlement with creditors and entering into an amicable agreement, changing the nomenclature and the range of products, increasing the share of own products in total production to more than 50%. Possible options:

- investments to create a new enterprise based on the company's assets;

- Issue of own product under the investor's trademark;

- entry into fixed assets upon withdrawal from bankruptcy;

- other ways of development at the investor's suggestion.