Liquidation Of ‘Baranovichidrev’ Started

The Swedish investor of the state-owned enterprise is in prison.

The Economic Court of the Brest Region began proceedings in the case of the company Baranovichidrev. In fact, the process of liquidation. However, this is not the first stage. About 2 years ago, a part of the company's property was already sold.

The building of “Baranovichidrev” was bought by a private Belarusian company. It is not yet known whether they will sell something now, officelife.media writes.

According to the State Register of Bankruptcies, the state’s share in the OJSC is 83%. Previously, Amidullah Nabizada, a Swedish national, promised to invest in the company, but in 2018 he was convicted for fraud.