Regions :: Eastern Europe :: Russia
Reports: Belaruskali acquires stake in terminal at Lithuanian port
9:59 AM MDT | April 23, 2013 | Francinia Protti-Alvarez
Potash producer Belaruskali (Solihorsk, Belarus) has acquired a 30% stake in the Lithuania's Port of Klaipeda's bulk terminal, media reports say. Belaruskali will pay up to $30 million for the acquisition, the reports add. Belarus's Prime Minister Mikhail Myasnikovich met with the Klaipeda port authorities on 17 April to discuss potential joint projects, according to a statement from the prime minister's office. The Belarusan government is considering additional investments in Klaipeda through state-owned petrochemical and fertilizer firm Grodno Azot (Grodno...
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