Grodno authorities put up for auction state-owned shake in Grodno Cannery for Br4.118m
<p> MINSK, Apr 22 - PrimePress. The State Property Committee of the Grodno Regional Executive Committee has put for auction the entire state-owned stake in Grodno Cannery OJSC at the starting price of Br4.118 million ($1.585 million at the rate of the National Bank of Belarus). </p> <p> </p> <p> The auction is due on May 18, 2021, the starting price has been reduced by 20%. </p> <p> </p> <p> Under the terms of the tender, the winner is obliged to contribute at least Br5 million ($1.924 million, $1 - $2.598) to the authorized capital of the enterprise within five years to implement an investment project for the reconstruction of the building for food production with technical re-equipment. The investor will also have to maintain the core business profile of the cannery during this period. </p> <p> </p> <p> After the expiry of the five-year term, the investor may change the profile of the enterprise with the consent of the Grodno Regional Executive Committee, but must retain at least 50 jobs at the enterprise within two years. </p> <p> </p> <p> Grodno Cannery OJSC is one of the largest producers of canned fruit and berry products in Belarus. End </p> <p> </p>
2021-04-23
Primepress
Grodno authorities put up for auction state-owned shake in Grodno Cannery for Br4.118m
MINSK, Apr 22 - PrimePress. The State Property Committee of the Grodno Regional Executive Committee has put for auction the entire state-owned stake in Grodno Cannery OJSC at the starting price of Br4.118 million ($1.585 million at the rate of the National Bank of Belarus).
The auction is due on May 18, 2021, the starting price has been reduced by 20%.
Under the terms of the tender, the winner is obliged to contribute at least Br5 million ($1.924 million, $1 - $2.598) to the authorized capital of the enterprise within five years to implement an investment project for the reconstruction of the building for food production with technical re-equipment. The investor will also have to maintain the core business profile of the cannery during this period.
After the expiry of the five-year term, the investor may change the profile of the enterprise with the consent of the Grodno Regional Executive Committee, but must retain at least 50 jobs at the enterprise within two years.
Grodno Cannery OJSC is one of the largest producers of canned fruit and berry products in Belarus. End