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News Minister requests more money for Belarusian plants

Minister requests more money for Belarusian plants

Written by Global Cement staff 08 August 2017
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Belarus: The construction ministry has asked Alyaksandr Lukashenka to provide a fresh portion of government aid to Belarus’ three cement plants. Minister Anatol Chorny confirmed this on 7 August 2017, adding that the government was also considering selling stakes in the companies to investors that ‘could take over the financial burden.’ Chorny explained that the companies were struggling because of the need to pay off massive loans taken out to cover modernisation projects several years ago.

Last modified on 09 August 2017
Published in Global Cement News
Tagged under
  • Belarus
  • Expansion
  • GCW314

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