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Lukashenko: Preferences in Belarus only to competitive companies

FANIPOL (BelTA) – Belarus will provide preferences only to world-class companies manufacturing high-technology and competitive products, Belarus President Alexander Lukashenko told media after the official opening ceremony of the Stadler Minsk factory in Fanipol on 20 November, BelTA has learned.

“We do not plan or build secondary-level companies. Why do we need companies that make products unpopular on the market? Today's markets are strong and demonstrate serious competition,” the head of state underlined.

According to the President, Switzerland's Stadler Rail Group has been provided with good conditions to set up the manufacturing of modern electric trains in Belarus. The products of this company, well-known for their high quality, are in demand worldwide, including the demanding European markets. The company has recently received a big order from Moscow.

“We create conditions and provide preferences only to world-class factories that manufacture highly competitive products. The Swiss company has come here with its money, its market and new technologies. They know where to sell their products,” the head of state noted. Alexander Lukashenko reiterated the importance of further development of Belkommunmash, the company that gave start to the project.

Belkommunmash is one of the country's biggest companies producing trams, trolleybuses and other municipal vehicles. The President will keep under control the further development of the factory under the patronage of Stadler Minsk.

Representatives of the Swiss company vowed to develop a development concept for Belkommunmash.