30
Jul 2026
Economy
Economy
Lukashenko demands updated development strategy for 'Horizont' holding
During a meeting, the President stated that the situation in the praised holding is not optimal. Financial and economic performance indicators have declined this year (in the first half, production volume dropped by 5.6%, sales profit by 32%, and sales profitability decreased from 4.6% to 3%). The localization level remains low.
"By the end of the year, an updated development strategy for all holding enterprises with specific export and localization targets is required," Alexander Lukashenko tasked.
"If necessary, involve domestic suppliers from the industrial sector. We cannot ruin this process due to our sluggishness," emphasized the President.