Belarusian Economy Ministry to improve performance of glass factories

Within ten days the Belarusian Economy Ministry has to present a draft legal act to enable conditions for the effective operation of glass factories.

Prime Minister of Belarus Mikhail Myasnikovich gave the instruction at the session of the Council of Ministers Presidium on 19 November.  

Measures to improve the operation of Belarusian glass container manufacturers was one of the items on the agenda. “This industry lacks proper organization,” believes the head of government.

At present there are five enterprises of different forms of ownership in Belarus that specialize in making glass containers. These enterprises include enterprises, which are part of the group of companies ATEC, the Gomel-based glass containers factory, Belevrotara Company, and Glass Factory Elizovo, which has been founded by the state (35% of the authorized fund) and the Austrian company ATEC Holding GmbH (65%), the state-run enterprise OAO Grodno Glassworks, and the private enterprise Belstekloprom.

Belarusian Architecture and Construction Minister Anatoly Cherny said that this year all the enterprises have been operating at a loss, with losses getting higher every month. The losses totaled Br102.7 billion in January-August 2013.

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600450 Belarusian Economy Ministry to improve performance of glass factories
Date: 21 November 2013

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