Baranovichi-Based 558 Aircraft Repair Plant Is Among Top Industrial Enterprises of Both the State Military Industrial Committee and Brest Region

On 9 February, the social and economic results of the work for 2017 were summed up at the meeting of the Baranovichi City Executive Committee. The First Deputy Chairwoman of the Baranovichi Executive Committee, Natalia Fedorova, announced the rating of Baranovichi enterprises for 2017.
558 Aircraft Repair Plant JSC (558 ARP) is at the top of the list among 23 local enterprises on the core indicators (profit, cost-effectiveness, increase in innovative products and exports, cost cutout, as well as standard of wages).
Thus, the enterprise’s share in the Baranovichi industrial production has exceeded 38 %. In addition, the 558 ARP has entered the top five major budget revenue generating enterprises in the Brest Region.
According to Natalia Fedorova, over the past year the enterprise increased the export of services by 65 %, production volumes — by 27%. Revenues per one average employee amounted to 217,000 Belarusian rubles.
Noteworthy is that according to the results of 2017, the 558 ARP has been recognised as the best Goscomvoyenprom company.
To date, the enterprise competes boldly on the world markets both in price and quality of services provided. The plant’s contribution to the export of Goscomvoyenprom defence companies amounted to 20 %, and the efficiency of employees’ work of the 558 ARP was estimated in terms of time at 97 %, in quality — at 99.6 %.
The management of the enterprise pays due attention not only to the issues of increasing profits, but also to the personal interests of its employees.
Not coincidentally, the 558 ARP’s activities in the field of providing favourable working conditions and opportunities for employees’ career development were awarded at “Employer of the Year 2017”, the III annual contest, where the 558 ARP was among the top three employers of Belarus in the regional nomination in the Brest Region.
The selection of candidates for the victory lasted almost half a year. The Internet voting and the work of the expert board allowed the impartial, comprehensive assessment of potential employers in the following criteria: conditions of work; opportunities for training and career development; employment benefits; financial incentives. The most important criteria helped determine the winners.