E-Malt.com News article: Belarus: The State Control Committee suggest using economic levers in respect to Heineken

The State Control Committee of Belarus suggests using economic levers in respect to Heineken Company. The issue was discussed at the government session chaired by the President of Belarus on 10 April to discuss the state and development prospects of the Belarusian brewing industry, BelTA reported.

Chairman of the State Control Committee Alexander Yakobson turned the attention of the participants of the meeting to the operation of Heineken Company in Belarus. He said the company imports big amounts of beer and suffers losses related to loan debts.

According to Alexander Yakobson, only the interference of the State Control Committee made the company start active repayment of debts in the last five months. The company has also failed to honour its commitments to the local authorities in full.

“Today’s goal number one is, with the help of economic levers, to make this foreign company work in Belarus in the economic interests of the state, the business and consumers,” the Chairman of the State Control Committee said.


16 April, 2014