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Surikov: Framework agreement reached on “Integral”, Peleng” and MZKT

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Surikov: Framework agreement reached on “Integral”, Peleng” and MZKT

Ambassador of Russia to Belarus Alexander Surikov has told about buying up Belarusian enterprises.

As said by Alexander Surikov, a framework agreement has been reached on MZKT (OAO Minsk Wheel Tractor Plant, Volat trademark), “Integral” and “Peleng”, and now independent evaluation of assets of the plants is carried out, and after that they are to be sold to Russians. He stated that at the press-conference in Minsk on June 11, BelTA reports.

“Framework agreements have been reached regarding the Belarusian companies “Integral”, “Peleng”, and MZKT. An international evaluation of MZKT assets will be performed by 31 July. The evaluation of “Integral” and “Peleng” will be done earlier and all the relevant decisions are taking shape right away,” said Alexander Surikov.

As for Grodno Azot, Alexander Surikov reminded that an auction had been scheduled to sell 25% of the shares plus one share. In his words, Russian companies like EuroChem, Uralchem and other ones are interested in buying the shares. According to the diplomat, selling the shares to a company that extracts natural gas or is affiliated with a gas extractor would be profitable for the Belarusian side.

Russian companies still want to buy the state share of MTS, the Ambassador said.

“The work on MTS goes on, and our companies are taking part as well. The evaluation sum there has been reduced. It is $863 mln, to my mind. Our companies claim an interest there,” the diplomat said.

The competition of potential buyers of the state share (51%) in MTS company, held on February 6 this year, was found nil as there were no applications from investors. Both residents and non-resident of Belarus could take part in the competition.

Earlier the Russian branch of MTS company had been ready to buy a state share of Belarus at $450-500 mln, while in December 2013 it was reported that the initial price was $863 mln. Earlier the price of the state share of the Belarusian MTS cellular operator was $1 bn. The first evaluation was held in 2010. The state share of MTS company was put on auction several times since 2011, but was not sold.

The condition for the sale was a demand to maintain the per cent of the scope of the territory of Belarus where the services are provided, not lower than in the state statistics for the period before the agreement concluded.

The Ambassador has also stated that the sides had not yet come to terms regarding the merger of MAZ and KamAZ.

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