BELARUS’ BARANOVICHI COTTON PRODUCTION AMALGAMATION INVESTS IN MODERNISATION
November 3rd, 2013
MAJOR Belarus textile manufacturer OAO Baranovichi Cotton Production Amalgamation plans to boost its exports through the production improvements it will secure through a projected investment of between USD8 and USD9 million.Ivan Turchak, director general of the state-owned company, told WTiN.com such modernisation will increase its annual production capacity by value from the current USD50 million to USD80-90 million. This would allow it to increase sales to the European Union (EU) market and also to neighbouring counties within the Russia-dominated Commonwealth ...
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