BELARUS NEWS AND ANALYSIS

DATE:

10/09/2010

Belarusneft To Set Up Subsidiary in Poland

Belarusneft plans to open a subsidiary in Poland with authorized capital of 300,000 euros, Ukroil reports, noting the proposal was made by Belneftekhim and approved in principle by the Belarussian government. In resolution number 1271 dated September 2, Belarusneft has been instructed to put 300,000 euros into the authorized capital of Belorusneft-Polska Sp.z î.î.

Belneftekhim, the Belarussian state oil and chemicals concern, is one of the largest industrial enterprises in Belarus. the concern was established in April 1997 and brings together crude production, refining and transport enterprises as well as several chemical and petrochemical companies and design bureaux, repair and construction companies.

Source:

http://www.oilandgaseurasia.com/news/p/0/news/8658


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