OREANDA-NEWS. The Government of Belarus has adopted a resolution to provide reimbursement to OJSC Belgaroprombank in 2013-2014 for the losses, which result from the USD 11 million export loan provided by the bank to Schuchin Cheese and Butter Plant, reads a message posted on the government’s legislative web portal.

The losses will be compensated from the central budget, provided the canning plant gets its export risks insured with a state-owned insurance company.

Established in 1969, Schuchin Cheese and Butter Plant produces different kinds of hard and soft cheese, butter and whole milk products.