Belarus government increases stake in three cement producers

The Council of Ministers in Belarus has issued a directive providing for an increase in the government’s stake in three cement producers.

The government will raise its stakes in Belarussian Cement Plant in Kastsyukovichy and Krychawtsementnashyfer in Krychaw, which are both in the Mahilyow region, as well as Krasnaselskbudmateryyaly in the Vawkavysk district, Hrodna region, according to Belapan news service. The increase will equal the amount of financial support provided to the companies last year.