Shareholders of Belebeyevsk plant "Avtonormal" made a decision not to pay dividends


Shareholders of Belebeyevsk plant "Avtonormal" decided not to pay dividends for 2015. This decision was taken at a general meeting of shareholders.

Net profit of BelZAN in 2015 amounted to 45.69 million rubles. 2.28 million rubles of the net profit for last year will be transferred to the reserve fund of the company, 44.9 million rubles was suggested to be left at the disposal of society.

In 2011 the company declared the dividends of 48.91 million rubles, at the end of 2012 - 18.16 million, according to the results of 2013 - 17.87 million rubles. Shareholders also elected seven members of the Board of Directors, six of whom were in the previous composition of the Board.

In 2016 the plant "Avtonormal" signed more than 50 contracts with traditional consumers of products of JSC "BelZAN" - AVTOVAZ, KAMAZ and other enterprises of automotive components industry. The plant continues to develop new markets. Started in 2015 works on the supply of products to the aviation and defense enterprises are continued also in 2016.