“A decision was made to incorporate the open joint-stock companies Gomel Machine Tool Units Plant, StankoGomel and Vistan into MTZ Holding. During the first half of 2023, these companies will become part of our holding company, which will allow us to produce machine tools specifically to our needs,” the press service informed.
The heads of the enterprises were instructed to step up investment and innovation efforts in order to raise manufacturing standards up to the world level and in order to significantly increase their output for the sake of satisfying the demand of the Union State of Belarus and Russia in full.