Belvest to invest $ 20 million in business
13.08.2013 7627

Belvest to invest $ 20 million in business

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.

The Belvest company, a Belarusian-Russian joint venture with the German company Salamander, intends to invest $ 20 million in fixed assets by the end ...
5
1
Rating

Latest News

Stuart Weitzman opens Shanghai store at Plaza 66

New York-based premium footwear brand Stuart Weitzman opened a store in a prestigious Shanghai shopping mall and launched a major international campaign in support of its signature model, the 50/50 boot. The store opening featured a new global…
11.09.2026 480

Inventive Retail Group announced the launch of a new loyalty program.

Inventive Retail Group announces the launch of the EGO Privilege Club – a new loyalty program for its customers that unites all restore companies: Samsung Galaxystore, Street Beat, AMAZING RED, Hiker, Mir Kubik, and…
10.09.2026 631

St. Petersburg footwear brand ANKI Team has released sneakers in collaboration with SIBUR.

Local footwear brand ANKI Team released a sneaker collection in collaboration with Kazan-based Russian petrochemical holding company Sibrur. For the footwear brand, the collaboration marks the launch of a series of sneakers dedicated to cities…
09.09.2026 872

The top ten countries by footwear consumption in the world according to APICСAPS

The Portuguese Association of Footwear Components and Leather Goods Manufacturers APICСAPS has compiled a ranking of the leading countries in terms of footwear consumption in 2025…
09.09.2026 794

China has threatened France with retaliatory measures over pressure on Shein and Temu.

China is demanding that France stop implementing a recently passed law targeting ultra-fast fashion companies such as Shein and…
08.09.2026 986
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning