RUE "BelVitunipharm" plans to attract an investor during the company's corporatization

March 9, Vitebsk / Sergey Kochetov - BELTA /. A contest to select a founder other than the state for the OJSC, to be established during the transformation of RUPP "BelVitunipharm", will be held on March 21 in Vitebsk. This was reported to a BELTA correspondent by the "Vitebskoblimushchestvo" fund, which is organizing the contest. Potential investors can become holders of a controlling stake in the OJSC being established, provided they fulfill a number of conditions. Thus, the winner of the contest must make a monetary contribution of at least $20,000 when forming the charter capital of the OJSC being established. In addition, within 3 years, the investor's additional contribution to the charter capital of the OJSC must be at least $14 million, as a result of which their share may increase to 53% of the charter capital of the joint-stock company. At the same time, the additional contribution to the charter capital of the OJSC can be made both in cash and in intangible assets in the form of drug production technologies, transferred for 20 years. To participate in the contest, potential investors must submit a package of documents and an application in the prescribed form to the "Vitebskoblimushchestvo" fund by 5:00 PM on March 17. The final registration of contest participants will take place from 11:00 AM to 12:00 PM on March 21. The state enterprise "BelVitunipharm" was established in 2008, and its main activities include the production of pharmaceutical preparations and materials, as well as veterinary drugs, medical instruments, apparatus, and equipment. -0-