ERJ staff report (DS)
Minsk - Manuli Rubber Industries is in talks to set up a hose joint venture in Belarus. A press release from the Belarus Telegraph Agency said Manuli is in talks with Legmash, a unit of the Belarusian Steel Works, to set up a joint venture in Belarus to make high-pressure hoses for mechanical engineering.
The release did not give details of capacity or investment, but said, â€œAccording to preliminary calculations, the capacity of the new enterprise will be enough to fully meet the domestic demand and export more than 50% of produce.â€
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Press release from Belarus Telegraph Agency.