Due to the current political situation in the country, Oribalt discontinues its activities in Belarus and close Oribalt Bel LLC
Oribalt discontinues its activities in Belarus
On 9 March 2022, a liquidation process was initiated for Oribalt Bel LLC, a company belonging to the Oribalt Group.
We decided to take this step following the publicly declared support for hostilities in Ukraine by the Belarusian authorities. The members of the Group’s board unanimously decided to take urgent and immediate actions to discontinue the activities of the Group’s company.
The Oribalt executives would like to note that this decision is not related to the employees of the Belarusian company, who have become hostages of their country’s politics.
Oribalt Bel LLC was responsible for the registration, sales and marketing of Oribalt Group’s own brands in the Belarusian market. The products originally destined for the country are now being stored in the Oribalt Vilnius logistics centre and will be sold in the Baltic region.