Bankruptcy proceedings

In accordance with the Law of the Republic of Belarus “On Economic Insolvency (Bankruptcy)”, the system of measures for the bankruptcy of an enterprise involves a number of procedures. The bankruptcy procedure is an event applied in relation to the enterprise – the debtor. The main purpose of these measures is to resolve property disputes […]

Timber Industry Complex

The timber industry complex (LPK) includes forestry, harvesting, mechanical processing and chemical processing of wood. The timber industry complex of Belarus includes more5 thousand enterprises (in 1990 there were less than 4 thousand of them), and about 4000 of them are large and medium-sized, consisting on an independent balance sheet. The enterprises of the timber […]