ArmInfo."Brestoblimuschestvo" announced the details of the sale of 89.7% of the shares of "Brestsky beer". Previously it is only known that the new owner of the Brest brewery is the Bulgarian "Multigroup Trade", which is part of the Armenian concern Multi Group of businessman Gagik Tsarukyan.
The decision to sell the state-owned stake in Brestsky Pivo was made in order to develop the enterprise. On July 31, the Brest Regional Executive Committee signed an agreement with Multigroup Trade on the purchase and sale of 1? 911? 557 shares of Brest Pivo for 6.6 million rubles. This amount should go to the regional budget within 10 years without indexation of payments. On August 28, the Bulgarian company sent the first payment towards the payment of the price of the shares, which have already been "transferred to the buyer's account", according to the message of Brestoblimuschestvo. In addition, over 10 years, Multigroup Trade must invest at least 25 million rubles in the modernization of production and (or) replenishment of the working capital of Brestsky beer. In 2020 - 2030, the new shareholder of the Brest enterprise is obliged to maintain the number of personnel and the average salary of the plant's employees in Belarusian rubles, no less than it was in 2019. In addition, Multigroup Trade does not have the right to change the main activity of the brewery until January 1, 2031 without the consent of the Brest Regional Executive Committee. Earlier at "Brestskiy piva" they said that "the new owner plans to rebrand the company's products, as well as expand the range of beer, mineral water and soft drinks." In case of non-fulfillment of obligations by the Bulgarian company "the possibility of refusal of the Brest Regional Executive Committee to fulfill the contract unilaterally (without reimbursement of the costs incurred by the buyer) with the subsequent return of the shares to the ownership of the Brest region on a gratuitous basis" is provided, the message of Brestoblimuschestvo says.
As part of the deal, "Multigroup Trade" must also pay off the debts of the Brest enterprise. As of 2019, they were about 10 million rubles. The fact is that since 2014 "Brestskoe pivo" has been undergoing rehabilitation, it is managed by an anti-crisis manager. Currently, the issue of withdrawal of the enterprise from the reorganization procedure is being resolved, for which the terms of a settlement agreement with creditors are being worked out. This document will determine the final amount and the procedure for payment of accounts payable by the enterprise, explained TUT.BY in OJSC "Brests Beer " ("Brestskoe Pivo"). The new owner will then be able to appoint their manager and start a full-time job at the plant.
