Region

The Vitebsk Oblast Executive Committee and BTA Bank (part of BTA Bank, the largest Kazakhstan bank) have signed a cooperation agreement. The document was signed during the VI international investment forum Investments for Development of Business and Provinces, BelTA has learnt. BTA Bank Deputy Chairman of the Board Alexander Titov remarked, the agreement will boost the bank’s cooperation with businesses in the Vitebsk oblast. The first steps have been made. There is a BTA Bank centre of...

The Vitebsk Poultry Plant has launched the industrial hatching unit which will produce 20 million eggs a year. This hatching unit is the biggest in Belarus, BelTA learnt from director of the plant Anna Shareiko. In line with the biosafety requirements, the industrial hatching unit was placed 7 kilometers far from the plant. The specialized equipment was supplied by a Dutch company. The system is fully computerized and automated. The Vitebsk Poultry Plant invested Br10 billion in...

There are plans to privatise 18 municipal companies in the Vitebsk oblast by the end of 2010, BelTA learnt from Pavel Kotikov, Deputy Director of the Vitebsk Territorial Fund Vitebskoblimushchestvo, commenting on the draft oblast privatisation plan, which runs till 2010. The draft plan mainly lists juridical persons of the housing and utilities industry as well as design, trade and local industry enterprises, which employ from 30 to 300 people. The list has been agreed with state...

The administration of the free economic zone (FEZ) Vitebsk has registered two new companies founded by the Belarusian investors. The founders intend to put over ?4 million in the implementation of the projects, BelTA learnt from the FEZ administration. The Eurokirpich Company plans to develop the facing brick production under the dolomite superpressure technology that is yet unmatched in the country. The superpressure process differs from the traditional technologies in low power intensity...

The Vitebsk oblast is expected to complete the transformation of its 15 companies with the total staff of about 1.500 specialists into joint-stock companies before the end of 2008, BelTA learnt from Svetlana Lukashevich, Deputy Director of the Vitebsk territorial fund Vitebskoblimuschestvo. The companies are reformed in compliance with the 2008-2010 plan on transformation into a joint-stock company approved by Resolution No 1021 of July 14, 2008 by the Council of Ministers. Labour...

Almost Br170 billion will be assigned for re-equipment of construction companies of the Vitebsk oblast in 2008-2010, BelTA learnt in the committee for architecture and construction of the Vitebsk Oblast Executive Committee. Construction companies of the region intend to purchase tower cranes, crane trucks, bulldozers, excavators and other construction vehicles (all in all, 757 vehicles). According to specialists, such large-scale renewal of the construction equipment is the most important...