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Avtokomponenty, Composite Group set up import-substituting company in Belarus

MINSK, 16 December (BelTA) – Avtokomponenty Holding Company in collaboration with the Russian comapny Composite Group is setting up a new import-substituting production in Belarus, Industry Minister of Belarus Dmitry Katerinich said at the permanent seminar for government officials to discuss import substitution on 16 December.

“Avtokomponenty and Russia’s Composite Group are setting up a joint company to produce radiators for the Belarusian automotive equipment,” Dmitry Katerinich said.

Once it is opened the company is believed to meet the domestic needs and export a part of its products.