OREANDA-NEWS. December 13, 2012. OJSC Belarusian Metallurgical Plant (BMZ) has reported a net profit of Br100.286 billion (USD 11.757 million) in the first half of 2012, up 60% year on year, the Finance Ministry’s Securities Department said in a half-year report.

BMZ sales proceeds expanded 120% to Br7.571 trillion (USD 887.57 million).

State company Belarusian Metallurgical Plant was launched in 1984. BMZ exports about 85% of its output. Non-CIS countries account for more than 70% of the BMZ’s exports.