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Republic

11 March 2008

Potential investor intends to invest EUR 7.5mn in Minsk printing company reconstruction

A potential investor intends to invest EUR 7.5 million in the reconstruction of the Yakub Kolas Printing Company, BelTA learnt from Belarusian Information Minister Vladimir Rusakevich. One of the biggest Russian publishers, ACT Moskva, intends to buy a stake in the Yakub Kolas Printing Company. The Russian publishing concern has cooperated with the Belarusian company for many years. ACT Moskva places more than 80% of orders there. Today the production capacities of the Yakub Kolas Printing Company are too big for the Belarusian market. In due time it was one of the biggest printing companies of the Soviet Union, the minister noted.
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