SBA Furniture Factory in Belarus – 20 mln. loan in euros | Business

The vice president of the SBA, Egidijus Valentinavicius, says that the capacity of the plant will double

"We hope that after the development of Mebelain, the production capacity will double and that the sales The euro banknote is cited by E. Valentinavicius

The EBRD loan has been granted for 7 years

For 14 million euros.A factory built in 2013 and open in the area Mogilev Oblast's free economic, in 2013, manufactures hull furniture, they are exported to European countries and Russia.Last year, the factory business turnover reached 20 million Euro – 38.7% More than in 2016.

In 2010, the EBRD factory allocated 5 million litas to construction.