ANNOUNCED AS TEMPORARYNo
Bailout (capital injection or equity participation)
On 3 June 2013, the Council of Ministers of the Republic of Belarus (according to Resolution Nr. 441) agreed to two capital injections for the management company of the export-oriented holding «Belorusskie oboi». The first capital injection in 2013 shall have a value of USD 23,963,000 in 2013. The second injection in 2014 will add a further USD 12,500,000.
The purpose of the state's cash contribution is to finance an infrastructure project of the company in its architectural documentation preparation and construction phases. The main export markets of the holding «Belorusskie oboi» are: Russia, Kazakhstan, Ukraine, Georgia, Uzbekistan, Bulgaria, Moldova, Turkmenistan, Mongolia, Lithuania, Kyrgyzstan, Latvia, Azerbaijan, Poland.
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