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Andrei Kobyakov: Financial improvement is foreseen for 35 agricultural organizations

How to restore paying capacity and deal with creditors. The fate of problematic agricultural organizations was discussed in the Council of Ministers on October 10.

The results of the realizations of corresponding decrees of the President were discussed in particular. These decrees determine plants, which could be financially improved through prejudicial procedures, and organizations, which got into the judicial order sector- bankruptcy. Nevertheless, such organizations weren’t liquidated. They were reorganized. As a result, the paying capacity was restored by three dozen of agricultural organizations in six months, and more than 1oo improved their financial figures.

Andrei Kobyakov, Prime Minister of the Republic of Belarus:
Financial improvement of 3 agricultural organizations is foreseen. Considering the specifics of agricultural production, Decree No. 253 foresees a range of benefits and preferences on restructure of insolvent organizations, and a range of stimulating mechanisms for attracting investors and efficient owners, in order to prejudicially improve these organizations.

Andrei Kobyakov: Financial improvement is foreseen for 35 agricultural organizations