One of the largest Baltic wood product groups suspends business in Belarus
After stopping the construction of a new plant in Vitebsk, one of the largest wood and furniture production groups in the Baltics, the VMG Group suspended all its business in Belarus. "Yes, we have stopped all our business in Belarus: the Mogilev plant has been shut down earlier, workers have been sent to downtime, and we have decided to suspend further construction in Vitebsk," said Egidijus Mockus, CEO of VMG Group. He did not want to reveal what is planned to be done with the group's assets in Belarus: "We are still ...
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