25 June 2018, Monday, 7:16

Motorcycle And Bicycle Plant To Be Transferred To ‘Great Stone’


The Minsk authorities hope that it will help the plant to get out of the "debt chains".

The municipal authorities in Minsk think about the transfer of the Motorcycle and Bicycle Plant to the Chinese-Belarusian Industrial Park "Great Stone".

Head of the Leninski district administration Piotr Shostak has said this to the agency "Minsk-news".

"We see the future of the Motovelo. The production moved to the Sino-Belarusian Industrial Park "Great Stone", which will help to solve many problems, and most importantly, to preserve the domestic brands, " — he has said.

The head of the district administration has also said that "there is progress for the better" at the Minsk Machine-Tool Plant.

Chairman of the Leninski district administration also believes that there is "a nuance that brings together many of our enterprises."

"All those are the overdue debts on energy carriers and bad credit history. We are working on these issues and will help the business entities to extricate themselves from the debt chains, " — he has said.