Lukashenka sells “Motavela” for 24 million dollars

It has become known that the sales contract of “Motavela” was signed today.  “Interfax” informed about it.
99.27% of the shares that belonged to the state have been sold to an Austrian company “АТЕС Holding GmbH”.

Let us remind you that Alyaksandr Lukashenka signed an order about selling “Motavela” for about 24 million USD on condition of guaranteed 20 million USD investments in the enterprise on July 26.

The President ordered the government to sign a contract with the buyer till September 1. It was noted that the plant was to keep its specialization and trade mark according to the contract.

Furthermore, the Austrian company takes the 18 billion 300 million USD debt of the state upon itself.

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