Belarusian wool textile manufacturer to get €5m for investment

Belarusian wool textile manufacturer Kamvol is to receive €5m for upgrading its current assets. Belarusian President Alexander Lukashenko made the decision after hearing out a report on the state of the company’s affairs on 4 December, reports the BelTA news agency.

The additional funding will help Kamvol reach output capacity by the end of the first half of 2016.

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