BelGee to ex­pand into new re­gions

China Daily (Hong Kong) - - BUSINESS -

Be­laru­sian-Chi­nese car­maker BelGee is con­sid­er­ing in­creas­ing its ca­pac­ity and ex­pand­ing into new mar­kets in East­ern Europe and the Eurasian Eco­nomic Union. The com­pany’s Act­ing Di­rec­tor Gen­eral Gennady Svider­sky said the joint ven­ture ex­pects to ex­port one third of its out­put to mar­kets in neigh­bor­ing coun­tries such as Ukraine, Lithua­nia and Latvia by 2020. Ne­go­ti­a­tions have also been held with Moldova and Kaza­khstan. The com­pany has pro­duced about 5,000 cars since the be­gin­ning of the year. About 3,000 were sold in Rus­sia and 1,800 in Be­larus.

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