Belarus, Lithuania, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 01:40
PM says no bad signals as yet from Lithuanian companies in Belarus amid strikes
"We have no concrete signals yet, but any economic
disturbance in the neighboring country may have an impact," Skvernelis
told reporters, commenting on the potential economic impact of the ongoing
protests in Belarus. "Belarus is a rather important economic
partner".
"We haven't yet received any signals from Lietuvos
Gelezinkeliai (Lithuanian Railways) and the seaport of Klaipeda, but we're
watching the situation and it's really worrying," he added.
It was reported on Monday that Belaruskali workers were
joining the strike action. The Belarusian potassium fertilizer producer exports
its products via Klaipeda's Biriu Kroviniu Terminalas (Bulk Cargo Terminal,
BKT). Its fertilizers are transported through Lithuania to the port by Lietuvos
Gelezinkeliai.
The state railway operator also transports Belarusian
refineries' oil products to Klaipeda where they are loaded onto ships by
Klaipedos Nafta.
Lithuania's embassy in Minsk has told LETA/BNS that about 600
Lithuanian-owned companies operate in the neighboring country.
The Lithuanian investors include the SBA Group, which owns
large factories, and Vakaru Medienos Grupe (VMG), one of the largest wood
processing and furniture production groups in the Baltics.
Kauno Grudai, Eugesta, Audimas and other Lithuanian
companies have operations in Belarus, too.
Vidmantas Janulevicius, the president of the Lithuanian
Industrialists' Confederation, has told that about 20 Lithuanian-owned
companies have each invested over 5 mln to 10 mln euros in
Belarus.
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