OREANDA-NEWS. December 1, 2011. The State Committee on Property Management sold a 99% state-owned stake in Pukhovichi food combine (Maryina Gorka, Minsk Region) to Morozprodukt Ltd (Maryina Gorka, Minsk Region) at an auction held November 10, 2011, the committee reports.

The investor shall pay for the 99% state-owned stake Br12.573 billion (USD 1.421 million at the central bank’s rate).

The deal is expected to be finalized by December 1, 2012.

Pukhovichi food combine, established in 1926, specialized in fruit wine production.