OREANDA-NEWS. July 07, 2014. Saleo Holding Company will purchase shares of enterprises Gidroprovod and Gidromash. This is envisaged by Decree No. 328 “Concerning the development of hydraulic machine-building” which was signed by Belarusian President Alexander Lukashenko.

The document aims to improve the material and technical base of hydraulic equipment manufacturing. Apart from that Saleo will purchase shares of state-owned Gidroprovod (Gomel) and Gidromash (Kobrin).

“The decree will help create modern high-tech production of hydraulic equipment with a high level of production localization, raise the quality of Belarusian equipment, expand the export geography.