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“Belzarubezhstroi” to invest EUR 18.5 m in construction of the plant producing cement-shaving slabs in Krichev

“Belzarubezhstroi” (Minsk) and SOOO “TsSP BZS” made an investment agreement with Mogilev regional executive committee to realize the investment project “Construction of the cement-shaving slabs plant with the capacity of 60,000 thousand cubic meters a year in Krichev”.


Two companies will invest EUR 18.5 m (about Вr250 b) of their own capital and the borrowed funds to realize the project. The plant is to be constructed within 24 months and create 103 new jobs. The long-term plan supposes to increase the production capacity to 100,000 thousand cubic meters a year.


When the production hits the capacity targets annual tax and other allocations to the budget will make Вr50 b.


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