Belarusian oil in transit on the stock EXCHANGE – the Republic

the Interest of Belarusian companies entering the stock market is high. Among the potential newcomers can find the largest companies of this country. According to the “Rzeczpospoliej”, it follows that privatization through the stock EXCHANGE consider, in particular, the oil refinery in Mozyr, oil company Naftan, the largest Belarusian Bank Biełaruśbank and manufacturer of special vehicles BiełAZ.

Over the prospectus of issue of bonds, in cooperation with the Polish broker and a law firm that already runs a large Belarusian company in the field of it sector.

Meeting at the top

Belarusians spoke last week about plans for the appearance on the Polish stock exchange with the representatives of stock EXCHANGES and brokers (brokerage, introducing the company to the stock exchange). The meeting was attended by representatives of the company investment Advisory and Uniter of the Polish-Belarusian chamber of Commerce and industry.

Discussions about a potential debut is the consequences of the autumn meeting at the top. In October representatives of the EXCHANGE, the Polish-Belarusian chamber of Commerce and industry and the Belarusian State University signed in the presence of Deputy Prime Ministers – letter of intent on establishing the Russian-Belarusian Center IPO. In the plans, in particular, the establishment of the centre in Minsk, a wide information campaign for companies, seminars for managers.

Warsaw gateway to the West

Roman Osipov, managing partner of Uniter, emphasizes in an interview with “Rzeczpospolita”, the debut of the interested private companies.

– Belarusian enterprises – private and public – to base their development mainly on Bank loans, increasingly point to the need zdywersyfikowania sources of funding, – said Osipov. – Because we have no developed capital market, Warsaw is the natural choice. Close, between us is not to change culture. Poland exchange is focused on medium – sized companies and those in Belarus can offer more. Our government recently gave a clear signal that it wants to attract foreign capital. In conjunction with local brokers we want to emerge the best company that may IPO, he adds.

– the Belarusian economy is open, the company’s bolder witnesses in Europe and in the world. A good example is the IT industry and the company Wargaming, which released the popular game “World of Tanks”, – emphasizes Mikhail Kowalczewski, Chairman of Mercurius DM, which participated in the negotiations. – The Belarusian economy in recent years is going through hard times, but that drops sharply, often has a tendency to rapid reflection. In Poland large-scale privatization has been limited, and companies from Belarus have a great potential for growth. Such investments, of course, are risky, but also give the chance to receive higher yields, he concludes.

– the IMF Experts expect the acceleration of reform of state enterprises and the introduction of laws that facilitate the functioning of the enterprise. This is a huge opportunity and simultaneously a challenge for GPW – says Maria Zaleski, President of the stock EXCHANGE.

Interest GWP

Biełaruśbank – largest Bank in Belarus, in 99 percent. controlled by the state. Its assets reached $ 12 billion (35 per cent. values

the Belarusian banking sector). Has over 6.5 million retail customers and more than 80 thousand. corporate clients.

oil refinery Mozyr – its production capacity reaches 12 million tons of oil. Package 42.6%. has the Russian company Slavneft. The rest of the shares indirectly and directly controlled by the government.

Naftan – strength processing about 10 million tons of oil that could compete with the Polish LOTOS”. The government controls 99.8 percent. of its shares.

BieŁAZ is one of the world’s largest manufacturers of specialized vehicles, in particular trucks for mining and construction equipment.

Opinion

Marcin kaszuba | CEO of the stock EXCHANGE

Belarus has a great potential to slowly improve its macroeconomic situation. Belarusian partners want to learn from the experience of Polish transformation, they see the role I played in it stock Exchange.

70%. Belarusian enterprises of the state. Potential recruits we are also in the private sector. We are in talks with players from the IT sector, but also the engineering industry or fuel and energy complex. We tried to choose the beads. If market conditions are favorable, the first debut of the Belarusian companies should be held later this year.