Lukashenko visits "Planar" holding, where prospects for microelectronics development will be discussed

President of Belarus Alexander Lukashenko is visiting the Planar holding company, where the prospects for the development of microelectronics will be discussed, reports BELTA correspondent.

The Head of State will be informed about the financial and economic condition and development prospects of the enterprise, and will also be demonstrated developments of opto-mechanical precision technological equipment built using laser technologies.

The Scientific and Production Holding of Precision Engineering "Planar" was established in 2014. It includes, among others, OJSC "Zavod "Elektronmash"" and "Optoelectronic Systems". Among the main activities of "Planar" is the creation and production of special technological equipment for the manufacture of microelectronic products.

Based on the results of work in 2022, the revenue from sales of products amounted to about Br57.5 million (21% higher than in 2021). Net profit reached almost Br26.4 million (against a target of Br12.2 million). Sales profitability was almost 13%. Last year, "Planar" increased its export volumes by 70%. The average salary at the enterprise increased by almost 23%, and the costs of production decreased by 3%.

The wide range of products manufactured by the holding companies includes not only microelectronic products and electronic equipment, but also medical devices. For example, "Planar" is currently implementing a project to develop technology and master the production of biocompatible material for heart valve endoprostheses.

As reported, in June last year, at the level of the Head of State, the issue of developing the microelectronics sector in Belarus was approached globally. A meeting on this topic was held then. Alexander Lukashenko urged specialists, enterprise management and officials not to confine themselves within national borders. "This will not yield the desired effect," stressed the Belarusian leader. "We need to cooperate not only where we are welcomed with open arms, for example, in Russia, but also where we are not expected – with Americans, Japanese, and so on. If only to see the highest level we are striving for."

"The work must, of course, be carried out in close cooperation with Russia. We do not hide our interest in this regard. Because all the developments we have, scientific and experimental, can only be implemented thanks to timely financing. Russia is ready to finance us in this regard. At least, President Putin and I have discussed this many times and have unequivocally reached this conclusion," said the head of state at a meeting in June 2022.

"Even our scientists, advanced practitioners, are convinced that the so-called market freedom is an empty phrase. There is no market freedom and no market at all. Everyone promotes their interests, defends their interests as much as possible," the head of state noted. "Political pressure and trade wars have escalated into hybrid confrontation. We have to fight for the country's sovereignty and security every day. And in parallel, build up competencies. We can fully rely only on ourselves and friendly countries, such as Russia. Against this background, giving new impetus to the development of the microelectronics industry is more relevant than ever."

"Please consider one thing: now, for you, the microelectronics industry, as well as for other industries, is a chance. Frankly speaking: we are in high demand. We are in high demand, primarily in our fraternal Russia," the Belarusian leader emphasized.

Source: belta.by