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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of February 6, 2024 No. 87

About measures for realization by the organizations woodworking and pulp and paper industry of investment projects in 2024

Based on the Law of the Republic of Belarus of December 27, 2023 No. 328-Z "About the republican budget for 2024", presidential decrees of the Republic of Belarus of October 18, 2007 "About some measures for development of the woodworking industry", of August 30, 2012 No. 391 "About construction of the plant on production of sulphatic bleached cellulose", of October 1, 2012 No. 449 "About some questions of production organization of coated and uncoated types of cardboard", of May 7, 2014 No. 216 "About creation of production on release of paper basis for decorative facing materials", of June 24, 2015 No. 257 "About some questions of acquisition of assets of the banks created when crediting the organizations of the woodworking industry, and refining of limit of internal public debt" Council of Ministers of the Republic of Belarus DECIDES: No. 529

1. To the Ministry of Finance in 2024 at the expense of the means of the republican budget provided on other questions in the field of the industry, constructions and architecture to provide compensation (payment) of part of interest for using the loans granted to the organizations woodworking and pulp and paper industry for implementation of investment projects and replenishment of current assets and also parts of expenses on repayment of the loans (loans) granted for compensation of insurance commissions of authorized insurance agencies in case of attraction of the credits (loans) of foreign banks (the non-bank credit and financial organizations) and external state loans (credits) according to appendix.

2. Compensation (payment) of percent is made by the Ministry of Finance within the means of the republican budget provided on these purposes in 2024.

3. Received (released) according to this resolution funds are allocated by the organizations specified in appendix, in 2024-2025 on replenishment of own current assets.

4. Conditions of rendering the state support to open joint stock companies "Borisovdrev", "Ivatsevichdrev", "Svetlogorsk Pulp and Board Mill", "Managing company of Belarusian Wall-paper holding and to the republican unitary enterprise "Plant of Newsprint" the conditions determined in presidential decrees of the Republic of Belarus of October 18, 2007 No. 529, of August 30, 2012 No. 391, of October 1, 2012 No. 449, of May 7, 2014 No. 216 are.

5. Confer the personal responsibility for accomplishment of the conditions specified in item 4 of this resolution on the corresponding heads of the organizations determined in appendix, the head of Ivatsevichdrev open joint stock company in addition regarding Borisovdrev open joint stock company, the chairman of the Belarusian production and trade concern forest woodworking and pulp and paper industry and the Deputy prime minister of the Republic of Belarus according to distribution of obligations.

6. To concern Belarusian production trade forest, woodworking and pulp and paper industry together with the State committee on property till April 1, 2025 to introduce in accordance with the established procedure drafts of legal acts about increase in share of the Republic of Belarus in authorized capitals of the organizations (except open joint stock company "Managing company of Belarusian Wall-paper holding) specified in appendix, at the amounts of the state support given them according to Item 1 of this resolution.

7. This resolution becomes effective after its official publication and extends the action to the relations which arose since January 1, 2024.

Prime Minister of the Republic of Belarus

R. Golovchenko

 

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of February 6, 2024 No. 87

The list of the loans granted to the organizations woodworking and pulp and paper industry

Name of the organization

Name of regulatory legal act

Name of the creditor

Date and agreement number (credit agreement, credit agreement)

Credit amount

Size

compensations of percent *

interest payments *

compensations of part of expenses on repayment of the loans (loans) granted for compensation of insurance commissions of authorized insurance agencies in case of attraction of the credits (loans) of foreign banks (the non-bank credit and financial organizations) and external state loans (credits) **

1

2

3

4

5

6

7

8

1. JSC Borisovdrev

the paragraph the fourth subitem 14.2 of Item 14 of the Presidential decree of the Republic of Belarus of October 18, 2007 No. 529, the paragraph third subitem 2.3 of Item 2 of the Presidential decree of the Republic of Belarus of June 24, 2015 No. 257

Ministry of Finance

of July 17, 2009 No. 345-90090/09

24 100 950 euros

50 percent of expenses

2. JSC Ivatsevichdrev

the paragraph of the sixth of subitem 14.2 of Item 14 of the Presidential decree of the Republic of Belarus of October 18, 2007 No. 529

JSC ASB Belarusbank

of January 21, 2010 No. 1110030110

7 172 119 euros

90 percent of rate on the credit

of March 2, 2010 No. 1110180310

5 985 000 euros

"

of June 7, 2010 No. 1110350610

686 017, 1 euros

"

of December 9, 2010 No. 1110551210

6 979 668, 7 euros

"

of January 4, 2011 No. 1110010111

2 083 736, 6 euros

"

of March 31, 2011 No. 1110230311

1 075 310, 2 euros

"

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