KYIV. Sept 26 (Interfax-Ukraine) – Joint venture BelTribo LLC (Belarus) for production of brake pads and linings for road transport, the founders of which are Bila Tserkva Tribo plant (Kyiv region) and one of BelAZ Holding’s enterprises (Belarus), was launched on September 22 and will become the only producer of these goods in Belarus.
“Agree that you do not launch a plant every day. The plant that you sketched, dreamed of, doubted the correct choice … but built it. In two years we will produce goods for $5 million. I am sure that our partnership with BelAZ (the turnover of $1 billion) will be successful. Belarus – industry lives here, there are talks about import substitution, new jobs!” Tribo plant owner Kostiantyn Yefymenko wrote on his Facebook page.
According to information on the website of the Molodechno regional executive committee (Belarus), BelTribo LLC was registered in October 2013. Its founders from the Belarusian side were OJSC Starodorozhsky Mechanical Plant, belonging to BelAZ Holding, with a 26% stake in the charter capital and Bila Tserkva Tribo plant with a 74% stake.
As of September 15, 2017 investments in the creation of BelTribo LLC amounted to $1.8 million.
