A Belarusian-Czech joint venture for drying whey has been established in the Vitebsk region

December 31, Vitebsk / Olga Bogacheva - BELTA /. A Belarusian-Czech joint venture for drying whey has been established in the Vitebsk region, Deputy General Director of the Vitebsk Concern "Meat-Dairy Products" Sergey Shinelev told a BELTA correspondent. The joint limited liability company "MolokoVitebsk-Mega" was registered by OJSC "Moloko" (Vitebsk) and the Czech company "Mega". Their shares in the authorized fund are 50% each. The management of the new enterprise has already been formed. Pre-project work is underway to create a production facility with a processing capacity of 500 tons of liquid whey per day. Raw materials will be supplied from the Vitebsk and Orsha regions of the oblast. The required volume of investments for the project implementation is over Br60 billion. The enterprise is planned to be commissioned in 2011. Another whey drying production facility with a processing capacity of 200 tons per day is currently being created at the Verkhnedvinsk butter and cheese factory. After launch, these two enterprises will be able to fully process the entire volume of whey in the oblast. In January-November of the current year, the concern produced products worth Br1.5 trillion, or 115.4% compared to the same period last year. Sales profitability is 3.9%. The export growth rate for January-November was 140% to $231 million. The energy saving indicator is minus 14.4%. The volume of investments for the reporting period reached Br118 billion. The concern includes four meat processing plants and eight dairy industry enterprises. -0-