Nearly Br30 million will be allocated to support Belarusian Steel Works (BMZ trademark), the managing company of the holding company Belarusian Metallurgical Company reported.
The corresponding decree No.100 dated April 3, was posted on the national legal Internet portal on April 5. The remaining balance of the Belarusian national innovation fund, accumulated as of January 1, will be used as a monetary contribution of the Republic of Belarus to the authorized capital of the Belarusian Steel Works. The funds will be used to compensate for the expenses on the investment project to launch the production of rolled steel and build a wire-rod mill. (BelTA/Ukrainian metal)
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