Economy

Founders of "Conte", the Baiko brothers, expand their agricultural business

Plans include new farms in the Vitebsk region.

Valiantsin Baiko. Photo: grodno-region.gov.by

Grodno businessmen, the Baiko brothers, founders of the "Conte" group, together with the Turov Dairy Industrial Complex (TDIC), which they control, are expanding their agricultural cluster in the Vitebsk region. The main site is the agricultural enterprise "Tarhuny" in the Dokshytsy district. There they aim to increase raw material production, primarily milk, reports Office Life.

"Tarhuny" has issued additional shares worth 40 million Belarusian rubles. TDIC is acquiring the majority: 32.97 million shares for 30 million rubles. "Conte Invest" has purchased almost 11 million shares for 10 million rubles. It now directly owns 46.47% of "Tarhuny's" authorized capital.

Simultaneously, the enterprise is undergoing reorganization. At the extraordinary shareholders' meeting of TDIC in November, they will consider whether to merge the agricultural enterprise "Hniezdziłava-Ahra" with "Tarhuny."

"Tarhuny" is currently one of the largest agricultural producers in the region.

As Office Life reports, the enterprise's plans for 2026-2028 include designing and constructing a full-cycle dairy complex near Kamaysk village and completing a farm in Vetery.

When these facilities become operational, milk production will double. They plan to finance the construction with shareholders' money and loans under state programs for agricultural development.

Investors state that their goal is not just to produce more. They also want the farm to operate more efficiently and plan to pay off its accumulated debts.

The Baiko brothers are following the path of other Belarusian businessmen and investing in the development of territories in the Vitebsk region. Yauhen Baskin's "Servolux" group of companies acquired 10 agricultural enterprises in the Dubrowna district. Nikolai Vorobei was transferred unused land in the Verkhniadzvinsk district. Aliaksandr Mashenski's "Savushkin Product" bought out the property complex of the Polatsk Dairy Industrial Complex. In Vitebsk, the Gorki Food Processing Plant, owned by Aliaksei Sauchuk, is developing production.

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