OREANDA-NEWS. November 11, 2010. President of the Republic of Belarus Alexander Lukashenko signed Decree No 556 'On Introducing Amendments and Additions to Decrees of the President of the Republic of Belarus No 444 dated 13 July 2006 and No 529 dated 18 October 2007' on expanding by 178.9 million euros credit support to the timber processing factories that implement investment projects and providing them with state support via paying interest payments on bank loans during the period when the companies' financial burden is the heaviest (the periods when companies are in the process of utilizing credit funds, or reaching their designed production capacity).

This move will help implement investment projects aimed at building new or upgrading active timber processing companies of the Bellesbumprom concern and will help companies meet their credit and loan pay-off requirements on time.