Vitebsk fur garment manufacturer, Krasny Oktyabr respite debts

The Vitebsk Oblast Council of Deputies allowed the two companies of the Belarusian state concern for production and selling of light industrial goods (Bellegprom) to delay the debt payments to the local budgets. These companies are the Vitebsk fur garment manufacturer and the open joint-stock company Krasny Oktyabr, deputy chief of the financial department of the administration in the Vitebsk oblast executive committee Boris Kichanovsky told BelTA. He explained, Decree No 282 of May 19, 2008 “Certain issues of Belarusian state concern for production and selling of light industrial goods” includes 15 companies of the Vitebsk oblast from the list of organizations, which are granted a three-year delay in payment of debts to local budget. The debts of the two companies amounted to Br1.2 billion.