Baranovichi Cotton Production Association and Orsha Flax Mill will be corporatized in 2010

December 1, Minsk / Tatiana Chumakova - BELTA /. RUPTP "Orsha Linen Mill" and RUP "Baranovichi Cotton Mill" will be corporatized in 2010. This was announced to BELTA correspondent by Vladimir Astrovsky, First Deputy Chairman of the Bellegprom concern. "As for these enterprises, we are expecting serious investors and good projects," he emphasized. Answering the question about new proposals from investors that Bellegprom has received after the recent investment forum held in the republic, Vladimir Ostrovsky said that Turkish, Italian and German companies have shown interest in the concern's enterprises. Next week, specialists from Germany intend to arrive in Belarus to get acquainted with the work of Baranovichi Cotton Mill. This year, three Bellegprom enterprises have been corporatized: Grodno's "Gronitex", Baranovichi's "Baravchanka" and Zhlobin Sewing Factory. The state's share still prevails in "Gronitex". Vladimir Astrovsky said that the Bellegprom concern has planned joint projects with the participation of foreign investors, in particular, for the creation of packaging production at one of the enterprises. However, the global financial and economic crisis is somewhat holding back investors. Nevertheless, the concern expects to begin implementing serious joint projects in 2010. Bellegprom concern is a multi-sectoral industrial complex, including textile, knitwear, sewing, leather, footwear, fur, and textile and haberdashery sub-sectors. Bellegprom accounts for about 80% of the light industry products manufactured in Belarus. Quality systems according to ISO 9000 are certified at more than 70 enterprises, which produce about 99% of Bellegprom's products. The concern employs about 80,000 people. -0-