Belaz
BELAZ is a Belarusian state-owned manufacturer and the world's largest producer of heavy mining dump trucks, offering 30- to 450-ton payload classes sold primarily to large mining operators and CIS government customers across roughly 80 countries.
- Company typePrivate
- Founded1946
- HeadquartersMinsk, Belarus
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Belaz does
BELAZ (OJSC "BELAZ" – Management Company of Holding "BELAZ-HOLDING") is a Belarusian state-owned manufacturer of heavy mining dump trucks headquartered in Zhodino, Minsk Oblast. Founded in 1946, the company is the world's largest producer of large-payload mining dump trucks, offering 15 payload classes from 30 to 450 tons across more than 500 model modifications, including the record-setting 450-ton BELAZ-75710 listed in the CIS and Europe Records Books. Its product portfolio spans mining dump trucks with hydromechanical and electromechanical transmissions, plus complementary equipment: cross-country trucks, loaders, bulldozers, underground mining vehicles, metallurgical and special-purpose vehicles, railway freight cars, and, since 2023, a 200-ton hydraulic excavator. Recent launches extend into battery-electric (BELAZ-7558E), hybrid (7513M), hydrogen fuel cell, gas-piston, and diesel trolley-truck powertrains, alongside a pilot autonomous unmanned haul-truck program using 5G and AI-based task planning.
BELAZ sells primarily through a global dealer network spanning 80 countries and 34 certified service centers, augmented by direct enterprise sales to large mining operators such as Coal India, Russian mining majors, and CIS government entities. Hardware sales of trucks, spare parts, and components dominate revenue, supplemented by service maintenance, staff training, equipment financing/leasing, and industrial tourism at the Zhodino plant. Pricing is quote-based, tied to payload class, transmission, and configuration. Geographically, more than 50% of supplies historically flow to Russia (~57% average distribution), with Uzbekistan (~11%) and the United Kingdom (~9%) as the next largest markets. The company operates as the parent of BELAZ-HOLDING, which manages wholly owned subsidiaries including Mogilev Automobile Plant (MAZ), OJSC Kuzlitmash, CJSC Mogilev Wagon Works, and OJSC MZOR, with the Belarusian State as ultimate owner.
Belaz firmographics
Firmographics- Name
- Belaz
- Legal name
- OJSC "BELAZ" - Management Company of Holding "BELAZ-HOLDING" (ОАО «БЕЛАЗ» — управляющая компания холдинга «БЕЛАЗ-ХОЛДИНГ»)
- Website
- https://belaz.by
- Company type
- Private
- Founded year
- 1946
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- BELAZ is a Belarusian state-owned manufacturer and the world's largest producer of heavy mining dump trucks, offering 30- to 450-ton payload classes sold primarily to large mining operators and CIS government customers across roughly 80 countries.
- Ownership category
- akta.pro rank
Belaz industry classification
Industry- Product category
- Heavy Mining Equipment
- NAICS
- Mining Machinery and Equipment Manufacturing (333131), Agriculture, Construction, and Mining Machinery Manufacturing (3331), Heavy Duty Truck Manufacturing (33612)
- SIC
- Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Mining & Quarry Haulage Vehicle Manufacturing (Dump Trucks/Haulers) (IMACAFAC)
- akta.pro secondary industries
- Off-Highway Trucks & Haulage Vehicles (IMAHAIAA), Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA), Mining & Underground Vehicles (LHDs, Underground Haul Trucks) (IMAHAIAD)
Keywords
Where Belaz is headquartered
LocationHeadquarters
- HQ city
- Minsk
- HQ country
- Belarus
- HQ region
- Europe
Offices1 record
Markets served
Belaz business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Infrastructure, Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Mining Dump Truck Sales: Primary revenue from manufacturing and selling mining dump trucks with various payload capacities (30-450 tons), transmissions (hydromechanical and electromechanical), and configurations (standard, coal, lightweight bodies)
- Spare Parts and Components: Sales of replacement parts, components, and consumables for BELAZ equipment through dealer network
- Service and Maintenance: Service maintenance, staff training, and technical support through 34 certified service centers globally
- Financing Services: Equipment financing and leasing services offered to customers
- Industrial Tourism: Factory tours and industrial tourism experiences at the Zhodino plant
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Standard equipment configurations |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Belaz product offering
Product offeringCore offering
BELAZ manufactures and sells heavy mining dump trucks with payload capacities from 30 to 450 tons, offered with hydromechanical or electromechanical transmissions. The company also produces related heavy equipment for mining, construction, metallurgical, and special-purpose applications, along with spare parts, lubricants, garage equipment, driving simulators, and global service and financing support.
Product overview
BELAZ (Belarusian Automobile Plant) is the world's largest manufacturer of heavy mining dump trucks. The product portfolio centers on карьерные самосвалы (mining dump trucks) with payload capacities ranging from 30 to 450 tons, utilizing either hydromechanical or electromechanical transmission systems. The core product lines include the 7540/7555 series (30-60 tons, hydromechanical), 7558/7513/7518/7530/7531 series (90-240 tons, electromechanical), and the flagship 75710 with 450-ton capacity. Beyond dump trucks, BELAZ produces cross-country trucks, loaders, bulldozers, underground mining vehicles, metallurgical vehicles, railway freight cars, and special-purpose machines. The ecosystem includes supporting offerings: driving simulators for operator training, BELAZ G-Profi branded lubricants, garage equipment (GARO), and a global service network of 34 certified centers. Recent innovations include electric (7558E), hybrid (7513M), and hydrogen fuel cell variants, plus robotic autonomous truck technology for intelligent mining operations.
Differentiator
Problem solved
Functional benefit
Products and services
- BELAZ-7540 Series Mining Dump Trucks
Quantifiable outcome
- Up to 20% cost reduction and 90-95% safety incident reduction with autonomous haul trucks
- +1 more outcomes
Companies that use Belaz
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Belaz technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
Belaz partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Russia Chukotka Autonomous AreacoreRussia's Chukotka Autonomous Area intends to purchase RUB3 billion worth of Belarusian vehicles, machines, and equipment by 2030. The planned procurement includes MAZ trucks, MTZ tractors, and Amkodor equipment for municipal and mining industry needs. BelAZ dump trucks potentially needed for the Baimka ore zone once its design phase concludes.
- Uzbekistan GovernmentcoreBelarus considering establishing BELAZ mining equipment assembly line in Uzbekistan to partially localize production and transfer technological expertise. Project part of bilateral cooperation strategy covering trade, investments, and joint initiatives. Bilateral trade reached US$855 million in 2025 (34.8% increase).
- Tatarstan RepubliccoreBelAZ signed strategic cooperation agreements with several Tatarstan companies. Minsk Oblast and Tatarstan signed 2026-2027 cooperation plan covering trade, economic, scientific, technical, social, cultural, and humanitarian areas. Trade between regions exceeded $180 million.
- Hi-Tech Park CompanycoreBelAZ partnered with a firm in Belarus Hi-Tech Park to develop autonomous unmanned haul trucks. Partnership creates fully national product combining both hardware and software. Pilot project ongoing in Russia's Republic of Khakassia since 2019.
- Coal IndiacoreBelarus set to supply additional 20 BelAZ mining dump trucks to India under long-term contract. Trucks operating at facilities run by Coal India, India's largest coal producer. Negotiations continuing for tractor assembly plant in India.
- Minsk Tractor Works (MTZ)corePartnership with MTZ for establishing tractor assembly plant in India in cooperation with Belarusian Industry Ministry. Joint initiative to expand Belarusian industrial presence in Indian market.
Scale indicators11 records
Recent moves9 records
Expansion highlights5 records
Belaz competitors and assessment
Company assessmentEmerging players
- Epiroc: Swedish OEM focused on mining and infrastructure equipment, with underground loaders and trucks (e.g., Scooptram ST18) and surface drilling. Comparable to BelAZ's underground LHD product line and a partial overlap in surface mining support equipment.
- SANY: Chinese heavy equipment manufacturer entering ultra-class mining trucks (e.g., SRT95C and larger). Competes with BelAZ on price in emerging markets, and like XCMG is part of the broader Chinese OEM push into CIS and developing-country mining.
Direct peers
- Hitachi Construction Machinery: Produces the EH series of ultra-class mining dump trucks (EH3500ACII, EH4000ACII, EH5000) up to 296 tons. Directly comparable to BelAZ's 90-360 ton offerings for open-pit copper, coal, and iron ore mines.
- Komatsu: Japanese OEM producing ultra-class mining dump trucks (930E, 980E) with industry-leading autonomous haulage (FrontRunner). Directly competes with BelAZ in coal, copper, and iron ore mines globally, and is a benchmark in commercial autonomous mining.
- Liebherr: Swiss-German manufacturer of the T 284 and T 274 ultra-class mining trucks (and the larger T 236 series under development). Competes with BelAZ in the 200-400 ton payload class for hard-rock and oil sands mining customers.
- XCMG: Chinese OEM rapidly expanding in mining trucks (XDE series) with 200-400 ton class offerings. Competes with BelAZ on price in emerging markets and CIS-adjacent geographies, and is the most likely challenger to BelAZ in Russia/CIS post-sanctions.
- Caterpillar: Global leader in mining and construction equipment; competes directly with BelAZ in the ultra-class mining dump truck market (Cat 793, 794, 797 series) for the same open-pit mining operators worldwide. BelAZ competes with Caterpillar in payload capacity (30-450 tons) and dealer/service reach.
- Terex Corporation: Manufactures rigid-frame mining dump trucks (TR100, MT 5500) in the 100-400 ton class. Direct competitor to BelAZ in the mid- and large-class mining truck segment globally, with a meaningful North American customer base.
Broad incumbents
- Volvo Construction Equipment: Swedish OEM in heavy construction and mining equipment, with articulated haulers (A60H) overlapping with BelAZ's cross-country dump trucks. Competes with BelAZ in mid-class mining/construction haulage but does not currently match BelAZ in ultra-class payload capacity.
Regional players
- BelAZ-7548 / Belkommunmash: Belarusian municipal and specialty vehicle manufacturer; part of the broader Belarusian state-owned industrial cluster alongside BelAZ. While not a direct competitor in mining trucks, it represents the regional industrial ecosystem (e.g., MAZ, MTZ) that BelAZ partners with for assembly and supply chain integration.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Belaz social profiles
Digital presenceBelaz financial estimates
Financial estimateRevenue estimate
Valuation estimate
Belaz leadership team
Management profileNumber of profiles
Profiles13 records
Belaz subsidiaries and ownership
Company hierarchySubsidiaries8 records
Belaz funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Belaz M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Belaz
What does Belaz do?
BELAZ manufactures and sells heavy mining dump trucks with payload capacities from 30 to 450 tons, offered with hydromechanical or electromechanical transmissions. The company also produces related heavy equipment for mining, construction, metallurgical, and special-purpose applications, along with spare parts, lubricants, garage equipment, driving simulators, and global service and financing support.
Is Belaz a public or private company?
Belaz is a private company. It is classified as state government owned and is currently operating.
When was Belaz founded?
Belaz was founded in 1946. It employs 5,001 to 10,000 people.
Where is Belaz based?
Belaz is headquartered in Minsk, Belarus, in the Europe region.
How does Belaz make money?
Five revenue lines are on record. Mining Dump Truck Sales are the primary driver. The others are spare Parts and Components, service and Maintenance, financing Services and industrial Tourism.
Who are Belaz's main competitors?
Emerging players on record are Epiroc and SANY. Direct peers are Hitachi Construction Machinery, Komatsu, Liebherr, XCMG, Caterpillar and Terex Corporation. Volvo Construction Equipment is listed as a broad incumbent. BelAZ-7548 / Belkommunmash is listed as a regional player.
Does Belaz have an API?
No public API is recorded for Belaz.
What industry is Belaz in?
Belaz's product category is Heavy Mining Equipment. Its primary akta.pro industry code is IMACAFAC, Mining & Quarry Haulage Vehicle Manufacturing (Dump Trucks/Haulers), with a secondary code of IMAHAIAA, Off-Highway Trucks & Haulage Vehicles. Its NAICS code is 333131 and its SIC code is 3532.