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Ministry of Industry looking for investors for BATE, Gomselmash and Horizon

The Ministry of Industry is looking for investors for BATE, Gomselmash and Horizon. This information is posted on the ministry's website.

The list of companies, owned by the Republic of Belarus, which shares are offered for sale in 2017, includes 19 companies.

As for JSC BATE",  managing company of Automotive components Holding, JSC management company of Horizon Holding, JSC Gomselmash, it is the question of the sale up to the controlling stake to a strategic investor for specific investment projects as per an individual project of the normative legal act of the State head with the conclusion of an investment agreement.

In addition, the state may sell all the shares owned by Belarus of Grodno sales engineering factory, JSC Torgmash (Baranavichy), David-Gorodok electromechanical Plant, Minsk heating equipment plant, radio engineering and electromechanical factory in Brest, Gomel Plant of measuring equipment and other enterprises.

Source: BelTA