Kapski: BATE helps enterprises with interest-free loans
FC BATE helps plants from the holding headed by BATE ltd. BATE CEO Anatol Kapski announced it on BT.
“It is too expensive to get credits in banks now. That is why we are helping the holding (Autakampanenty is the holding where BATE is the leading company, – Euroradio’s note). Nobody is speaking about it. Whenever it is necessary to pay debts or whenever money is needed, the football club helps plants and we have not made any money on it.”
The holding cannot boast about the economic situation because the holding ‘suffered major losses’ last year, Kapski added.
“The production in the holding takes a long time to make profit. They buy raw materials, produce details and sell them. Sometimes the raw materials cost more than the details. This is a real problem and I think that we can change this situation.”
There are 11 enterprises in the holding Autakampanenty – the leading company BATE ltd, Barysau plant Autahidrauzmatsnyalnik, Hrodna Belkard and others are among them.
