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11 March 2019, 19:17

State-owned shares of eight Belarusian companies up for grabs

MINSK, 11 March (BelTA) – Auctions to sell minority stakes in eight public joint-stock companies (OAO) will be arranged by the Belarusian Currency and Stock Exchange in 2019, the press service of the State Property Committee of Belarus told BelTA.

The list of shares includes those in Bellegpromproekt, the Bobruisk footwear factory, Promburvod Plant, Minsky Promtransproekt, MinskSortSemOvoshch, Moteks, SUM-96, and TsAUK. The next auction is scheduled for 25 March.

The shares can be bought via authorized traders. If there is only one bidder, it will be able to buy the shares at the initial price plus 5%.

The website of the State Property Committee of Belarus offers information about what the companies do, about their land plots, permanent structures, and solvency indicators. Information on how potential buyers can participate in the auctions is also available.

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