Term of Tikhanovsky’s detention is extended
Sergei Tikhanovsky, who was accused in a criminal case of preparing for mass riots, will stay in detention for another three months until the end of February. This was announced by his lawyer Natalya Matskevich. The previous term of arrest expired on November 29.
Sergei Tikhanovsky is the leader of the Country for Life movement and author of the eponymous YouTube channel. He intended to run for president of Belarus, but instead of registration, he was arrested on May 29, 2020. As a result, his wife Svetlana entered the presidential race, who was forced to leave the country after the elections.
Tikhanovsky was charged under two articles of the Criminal Code: organizing actions that grossly violate public order and obstruction of the work of the Central Election Commission.
Recently he was also charged with inciting social hatred, just before the expiration of the term of detention on the previous charges. Tikhanovsky has been in the pre-trial detention center for six months now, and he should have been either released or sent to court. However, the investigating authorities chose a different way. Now the political prisoner has a new charge, which allows continuing to keep him in custody for up to 18 months.
Economist Dmitry Kruk was jailed for 15 days for participating in a march
BEROC expert and member of the Coordination Council Dmitry Kruk was sentenced to 15 days of arrest for participation in a mass event. The classified witness remembered the famous economist by the black jacket and indicated that he was detained on the street where the march was taking place. Kruk insists that there were no mass events nearby and he was detained inside a store.
The economist detained on Sunday, November 29, was charged with violation of the procedure for holding mass events. The protocol states that he took part in an unauthorized street march «in order to publicly express his demand for fair elections.» During the march, he «shouted provocative slogans.»
Dmitry Kruk disagreed with the protocol. According to his version, the arrest took place earlier than stated in the protocol, he was detained inside a store, and not on the street at the address indicated in the protocol, and there were no mass events in this place at that time.
He explained that he was in the area minding his own business. When he saw a chain of security officers with truncheons on the street, he decided to go inside the nearest grocery store to avoid meeting them. Soon the security forces entered the store and began to detain the shopping men.
In conclusion, the lawyer pointed out that the materials of the administrative case didn’t contain sufficient and reliable evidence that would testify to the guilt of Dmitry Kruk. However, the court ruled to detain him for 15 days.
Fabrication of cases against detainees during protest actions has become the new norm in Belarus. Bystanders are often condemned, protocols are not drawn up correctly, and anonymous riot policemen act as witnesses.
In total, according to the police, 313 people were placed in detention for their participation in protest actions last Sunday. According to human rights activists, more than 400 people were detained on November 29 across the country.
Belarusian pharmaceutical companies increased revenue but lost in net profit
Due to the pandemic and the growing demand for medicines and personal protective equipment, Belarusian pharmaceutical companies have increased their revenue. For three quarters of 2020, the revenue of large and medium-sized pharmaceutical companies increased by 17.8% year-on-year to 1.005 billion Belarusian rubles ($390 million).
At the same time, the profit of pharmaceutical companies increased by 59.6% to 266.4 million rubles ($102.9 million), and the profitability of sales was 26.5% (in 2019 it was 19.6%), with almost a third of drug manufacturers having a profitability of more than 30%. For comparison, the average profitability in the economy reached 7.7%.
But the net profit of pharmaceutical companies due to the devaluation of the national currency fell by 17.6% to 99.2 million rubles ($38.3 million). And the losses of unprofitable enterprises increased to 17.1 million rubles ($6.6 million).
According to Belstat, the production of basic pharmaceutical products and pharmaceuticals from January to October increased by 10.6% compared to the same period last year.
Carlsberg wants to buy another package in Alivaria with a huge overpayment
The Swedish company Baltic Beverages Holding, backed by the Danish Carlsberg Group, intends to buy 500 shares of the Belarusian Alivaria Brewing Company OJSC for 2,141 Belarusian rubles ($827.5) per share. This is much more than par.
According to the National Depository, the par value of one share (regardless of whether it is simple or preferred) is 37.66 rubles ($14.56). That is, Baltic Beverages is ready to overpay more than 56 times. At the same time, 500 shares are only about 0.3%.
Carlsberg’s subsidiary was ready to overpay before. The international beer giant is consistently increasing its share in the Belarusian company. It has previously acquired a controlling stake of about 80% or more. This deal has been included in the top 20 largest mergers and acquisitions involving Belarusian companies since the beginning of the 21st century.
At the end of last year, Alivaria showed an increase in revenue by about 15% to almost 190 million rubles ($73.4 million). Annual profit is held at over 20 million rubles ($7.7 million).