Territory
The territory of the region is 29.1 thousand square meters.

The region has deposits of different mineral resources, including phosphorite which is unique for Belarus. The region has the country’s largest deposits of raw cement (chalk, marl, clay, and cement loam), large deposits of mortar and silicate sands, sand-gravel mixtures, peat, sapropel, mineral water. The eastern part is a place where huge deposits of mineral – rotten stone of high technological properties– are concentrated.

Over 30% of the territory are covered with forests, coniferous forests mainly. South-east of the region is especially woody, more than 50% in certain areas.

Population
More than 1.55 million people live in Mogilev region. Density of the population is 40 people per 1 square kilometer.

Table 1. «The population of area»
Table 2. «Manpower»
Table 3. «Distribution of the population by ownership patterns»

Transport corridors
Mogilev region takes an important place in the Republic of Belarus both by its geographic location and industrial potential. Located in the junction of Russia and the European Union, the region is a connecting link between the West and the East. Important transport communications run across the region.

Economics of the region
At present 268 industrial enterprises are operating in the region.Mogilev Region's industries boosted output 14% in value terms in 2008

Table 4. «Indices of the main social and economic indicators»
Table 5. «The main industrial performances»
Table 6. «Indices of total production volume by branches of industry»
Table 7. «Indices of production volume in agriculture»
Table 8. «The main investments and construction indicators»

Mogilev region is the main manufacturer of tyres, electric engines, rotary pumps, cement, silk fabric, curtain lace, rubber footwear.

Mogilev, Bobruisk, Krichev, Osipovichy are the largest industrial centers of the region.

Chemical and petrochemical industries play the leading part. Share of – Mogilevchimvolokno Public Joint Stock Company and Belshina Public Joint Stock Company , the two largest chemical enterprises, makes more than 25% of the total production output of the region.

In 2008, in the industrial structure of the complex chemistry and petrochemistry is 31,2%, machine building and metal processing - 18,7%, food industry - 18,6% -11,2% electricity, building materials industry - 7,7%, light industry - 4,9%, timber, woodworking and pulp and paper industry - 3% and other industries - 4,6%.

Potential of Mogilevchimvolokno Public Joint Stock Company, the Europe largest enterprise involved in chemical fiber manufacture, has been retained. Due to wide range and quality of products that meets the world highest standards, this enterprise has penetrated the markets of 40 countries of the world, gained reputation of a reliable business partner. It cooperates with 1500 enterprises and companies in Belarus, Russia, Ukraine, Germany, Austria, Czechia, China and other countries. It was decorated with the Golden Star of the International Elimination Commission in Madrid; prestigious international price – Ach of Europe – “for immense contribution to the world business, for high status and professionalism”.

In the 90s, Belpack Joint Belarusian-American Venture was established on Mogilevchimvolokno basis, which is the only manufacturer of edible polyethylene-terephthalat (PET-granular) in Belarus.

Belshina Public Joint Stock Company is one of the Europe largest enterprises that produces more than 200 dimension-types of tyres. The enterprise holds one of the leading positions in production of tyres for heavy haulers (from 25 to 180 tons) that have gained good reputation during their maintenance in mining quarries in all climatic zones. Belshina Public Joint Stock Company was awarded with Ach of Europe international prices for its superiority in corporate image, and the Golden Globe for competition and quality of its products.

Mogilevtransmach Plant, the branch of the Minsk Automobile Plant Production Republican Unitary Enterprise, is a modern highly developed enterprise established on the base of Mogilevtransmach Public Joint Stock Company in February 2005. The Plant manufactures truck cranes, special construction equipment on truck chassis, trailers and semi-trailers for lorries. It operates under conditions of on-going renewal and creation of competitive products using technological know-how.

Electrotechnical engineering of the region is represented by the Mogilev Elektrodvigatel Works, Republican Unitary Enterprise, which is the CIS largest enterprise involved in manufacture of induction motors of different power. Products of this Enterprise are well-known in more than 50 countries. The Enterprise’s high standard was certified by different awards, the International Brilliant Quality Star including.

The Mogilev Strommachina Works, Republican Unitary Enterprise, operates stably, and is currently involved in manufacture of equipment for production of construction materials (more than 400 main types of machines) and consumer goods. More than 30 countries (CIS, France, Germany, India, Hungary, Czechia, Iraq, etc.) use the equipment produced by the Works.

Mogilevliftmach Republican Unitary Enterprise is a specialized enterprise that produces a broad range of elevators. In 1999, it was the first in the country to certify its elevators’ design and manufacture quality system for conformity to STB ISO 9001. Elevators of this enterprise of Mogilev function in all CIS member-states, including Baikonur rocket-extraterrestrial complex, as well as in 12 countries of Europe, Asia, and America.

Mogilev Steel Works Public Joint Stock Company produces steel electric-welded pipes (round and shaped), water- and gas pipes, cast-iron pellets. The main advantage of the enterprise is its constantly renewed range of goods, maximum quality control, maintaining stable ties with the consumers, supply of products in assorted cars within agreed terms at reasonable prices. All these enabled the enterprise to win the markets both in CIS member-states and foreign countries. In December 2004 the enterprise was conferred the rank of the Laureate of the Prize of the Government of the Republic of Belarus for progress in quality.

Mogilev Textile Public Joint Stock Company is the Republican largest textiles manufacturer. It produces a broad range of cloth and knitted fabric, is involved in clothing manufacture. On-going participation in specialized exhibitions, fairs enables to create and exhibit new product samples of high quality and design. Production of this enterprise is supplied to CIS, countries of Europe, Asia and America.

Sopotex Joint Venture is one of the most modern enterprises of the Republic involved in thread and cloth production. It produces cotton, polyester-cotton thread of different gages. Thread quality meets the international standards and is monitored by the unique laboratory equipment by German companies. Moreover, the enterprise produces lining-, waterproof-, garment- fabric, fabric for white goods and working clothes; it sews professional clothes, uniform, working clothes, produces silk fabric and threads. The enterprise supplies its products to CIS, Portugal, Germany, Italy, Poland, Switzerland, Austria, Hungary.

Lenta Public Joint Stock Company is the CIS largest manufacturer of textile small ware and curtains. On-going renewal of the range of goods, using computer facilities for new patterns creation, enables to win new markets, increase deliveries to standing partners, meet demands of the buyers. Annually, up to 60% of curtain cloth patterns, 50% of piece goods, and over 20% of textile fancy goods are renewed. Besides CIS member-sates, the goods are supplied to Poland, Czechia, Baltic countries. Efforts are made to promote such goods to Sweden and Italy. In 2002, the company was honoured with the European Quality Class international prize in the nomination ‘Enterprise of the XX century” for the best quality coefficients.

Mogilev Dairy Factory, Public Joint Stock Company is one of the largest manufacturers of natural dairy products (about 200 types). They are: whole milk products, butter, cheese (soft, semi-soft, hard), casein, iced cheese curd, ice cream, mayonnaise, icing. Quality system for conformity to NASSR and ISO-9000-2001 international standards has been introduced at the enterprise. New types of products are developed. The enterprise sells its products, using a new packing design, new brands such as “The Grandma’s Jug”, “Cheery Grandchildren”, and supply them to all regions of the Republic of Belarus as well as to the regions of the Russian Federation. The Factory’s products were marked off with numerous diplomas of the Republican and international exhibitions and contests. In December 2005, the Factory won the Prize of the Government of the Republic of Belarus for progress in quality, and was presented with the diplomas of winners of two competitions: “The Best Goods of the Republic of Belarus” and “The Best Goods of the Republic of Belarus in the Market of the Russian Federation”.

Foreign economic activities in the region
Foreign trade indices for Mogilev region

Table 9. «The main indices of foreign trade»
Table 10. «Foreign trade with certain countries outside CIS»
Table 11. «Foreign trade of the region with CIS member-countries»

Industrial infrastructure of economics of Mogilev region, its production potentialities considerably exceed demands of the domestic market of the Republic of Belarus. Export supplies make, on average, 30-40% of the total volume of sale of manufactured goods. The main condition of sustainable economic development of the region is subsequent enhancement and development of its export potential.

Advantageous geographical location, modern industrial organizations and communication, transport cross-roads offer unlimited opportunities for fruitful cooperation with the partners both within the country and abroad.

Today foreign economic sector of the region is the most quickly developing part of the economic mechanism of Mogilev region. Its annual foreign trade turnover exceeds one billion US dollars. Within the past years a stable trend of export supplies growth took shape. Positive trade balance is a favourable foreign trade factor in the region.

Commodity composition has not changed considerably within the recent years. Textiles and textile goods (chemical fibres and threads are the main goods), plastic and rubber goods (tyres, polyethylene-terephthalat), machines, equipment and mechanisms (electric engines, elevators, scrapers, bulldozers, pumps), road transport facilities (lorries, trailers and semi-trailers) are exported from the region. Goods of light industry and woodworking, construction materials, foodstuffs make a significant portion of export.

Production of chemical industry, ferrous metals and goods made thereof, resin and rubber goods prevail in structure of import.

Goods with the trade mark of Mogilev’s manufacturers are supplied to more than 90 countries of the world and almost 80 Russian regions.

The years of stay of the Republic within the Soviet Union have determined the main consumers of the region’s products. Even now they dominate in the total volume of export supplies. First of all, they are CIS member-states: Russia, Ukraine, Kazakhstan, Moldova, etc. Germany, Poland, Lithuania, Italy, Latvia, USA are the main trade partners among non CIS states

More than 1000 economic entities are involved in trade outside the region. The largest share in the region’s export falls at Mogilevchimvolokno, Belshina, Mogilev Steel Works, Bobruisk Engineering Plant, Bobruiskagromach, Mogotex, Vyasnyanka, Slavyanka, Belarusresinotechnika, Lenta, oint Stock Companies Mogilevliftmach, Mogilev Elektrodvigatel Works, Mogilev Strommachina Works, Belarusian Cement Works, Krichevcementoshifer – Republican Unitary Enterprises; Belpack, Krovlya, Elizovo Glass Factory – Joint Ventures.

Foreign investments
Inflow of foreign investments in economics of Mogilev region is evident. Favourable tendency toward growth of direct foreign investments in total volume is worth mention.
Representatives of more than 20 states invest in the region annually. Traditionally, investors from Austria, Germany, Italy, Russia, Latvia, USA and other regions show their interest in the enterprises of the region.
The largest share of foreign investments falls at the industrial complex of the region. For the recent two years, over 80% of their total amount have been invested in this branch annually.
A number of new enterprises was created in the region, including the Belarusian Cement Works, Production republican Unitary Enterprise (the largest Belarusian cement producer); Belatmit Foreign Joint Stock Company, Bykhov; Shklov Forest Ltd. Foreign Limited Liability Company; Elizovo Glass Factory, Joint Venture; Klimovichy Sleeper Goods Unitary Enterprise, which increase their production volumes efficiently. Efforts are made for news-print mill establishment in Shklov.
In 2003, Belpack Joint Venture, together with foreign investors, implemented a large investment project with a view to expand output of edible polyethylene-terephthalat. The amount of foreign investments made over USD 13.5 million (with Cyprus as the investor).

Several more investment projects are under implementation with participation of foreign investors. Among them the most important are as follows:

• Engineering re-equipment of production facilities of Elizovo Glass Factory, Joint Venture. The total amount of foreign investments for the entire period from 2002 has made USD 16 million, including USD 6 million of direct investments.
• Modernization of facilities for brewing high-quality beer at “Syabar Brewery Company, JSC, with participation of American capital. The total amount made USD 15 million for 9 months of 2005 alone.

Two investment projects are under implementation at Mogilevchimvolokno Public Joint Stock Company using credit resources to the amount of about Euro 50 million against security of the Government..

Companies with 100% foreign capital are developing successfully, such as Belatmit (Latvia) – the manufacturer of meat products and half-finished products; and Shklov Forest Ltd. (Latvia, USA) involved in woodworking; etc.

Import substitution investment project, started in 2002 by fruit-growing Arnika Ltd Belarusian-Holland-French Company, is under implementation. This is the first project implemented in agriculture of the region.