OREANDA-NEWS. The Government of Belarus has provided security for credit facilities provided by Belarusbank and Belinvestbank for eight woodworking companies, in accordance with government resolution #950 of November 1, 2013.

The credits are denominated in Belarusian rubles and euros.

The government security covers the loan balance as of November 1, 2013, which stands at €96.449 million and Br93.992 billion (USD 10.183 million).

The credit resources were provided for production upgrade at Gomeldrev, Ivatsevichidrev, Mozyr DOK, Rechitsadrev, FanDOK.