Belarus: Malting plant Belsolod announced a tender for equipment suppliers
JSC “Belsolod” announced a tender among suppliers of brewing equipment as it went forwardly on its plans to construct a brewery with an annual capacity of 400,000 hl of beer, The Union of Russian Brewers communicated July 17. As officials from the Belarusian embassy in Moscow sated, the results of the tender will be released in August this year.
The brewery construction will cost almost EUR25 million. Foreign investors are expected to bring their participation to this project. Works on the ground are estimated to begin in 2006-2007.
The feasibility of this project is justified by the presence of Belsolod’s own large malting capacities.
JSC “Belsolod” was established in 1998 on the grounds of Ivanovsk malting plant which begun malting in early 1989. The malting plant implemented the “Golden Stock” in June 2005 allowing the Belarusian government to participate during one year in company’s management.
Belsolod is Belarus largest malt facility. 80% of its production is being currently exported. In 2005, the company produced over 60,000 t of malt. Its aggregate annual capacity is 85,000 t of malt.
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