Mozyr Oil refinery share value will be raised from Br1,000 to Br2 million.

       The issue was considered at a special meeting of the company’s shareholders. The shareholders took a decision to increase the authorized fund of Mozyr Oil refinery two thousand times.
The fund will be increased by the company’s own resources. “Thus, the authorized fund will be brought in balance with the company’s assets,” the company explained adding that it was a long-simmering issue.
Besides, the shareholders decided in favor of amendments to the Mozyr Oil Refinery charter and approval of its new wording.
      The decisions taken at the shareholders’ meeting will be shortly registered with the Mozyr oblast executive committee and the securities department of the Finance Ministry. After that they will come into force.