Cement News tagged under: Krasnaselskbudmateryyaly
Belarus government increases stake in three cement producers29 September 2017, Published under Cement NewsThe Council of Ministers in Belarus has issued a directive providing for an increase in the government’s stake in three cement producers. The government will raise its stakes in Belarussian Cement Plant in Kastsyukovichy and Krychawtsementnashyfer in Krychaw, which are both in the Mahilyow region, as well as Krasnaselskbudmateryyaly in the Vawkavysk district, Hrodna region, according to Belapan news service. The increase will equal the amount of financial support provided to the companies... |
Belarusian government to acquire additional shares07 January 2015, Published under Cement NewsThe Belarusian government will acquire additional stakes in three cement companies in exchange for helping them to repay loans to China’s EximBank. The Council of Ministers has issued a directive that provides for the restructuring of overdue debts to the bank incurred by Belarussian Cement Plant, Krychawtsementnashyfer and Krasnaselskbudmateryyaly as of 1 October 2014. The three cement producers will receive the bailout on condition that they meet their profitability of sales targets f... |
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