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Sorainen Advises on Engine-Building Joint Venture in Belarus

Sorainen Advises on Engine-Building Joint Venture in Belarus

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Sorainen Belarus is advising Geely International Corporation on the implementation of a joint venture with the Borisov Automotive and Tractor Electrical Equipment Plant. 

The project — which Sorainen described as "one of the largest recent foreign investment projects in Belarus" — involves the production of engines equipped with transmission for Geely passenger cars. The Borisov Engine Plant joint venture was established on August 31, 2017 and was registered as a Minsk FEZ resident on December 1, 2017. The total investment is expected to exceed EUR 500 million.

Previouslu, Sorainen Belarus supported Geely International Corporation with the implementation of a passenger car assembly investment project.

The Sorainen team in the Borisov JV matter included Partner Maksim Salahub, Senior Associate Viktoryia Mikhnevich, and other lawyers.

 

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