Belvest, a joint Belarusian-Russian venture with the German company Salamander, intends to invest $ 20 million in fixed assets by the end of the year.
These funds will be used to expand the distribution network, including abroad, and the creation of production units in small towns of the Vitebsk region. The first such enterprise for cutting and assembling blanks for shoe upper this fall will begin its work in the regional center Beshenkovichi.
In Belarus, for the first half of this year, sales through the company distribution network increased by 10,5%. Soon Belvest will open its first store in Lida.