Russian investment bank Renaissance Capital has received a number of key investment mandates in the Republic of Belarus.
Recently, the Government of Belarus ratified an agreement between Renaissance Capital and Belgospisheprom, the Belarussian state food industry corporation, on providing investment advisory services. The agreement names Renaissance Capital Belgospisheprom's investment agent.
Earlier this month, the Council of Ministers of the Republic of Belarus also named Renaissance its global advisor for attracting investments into the Belarus economy. According to the agreement with the Belarusian government, Renaissance Capital is to represent the interests of the Republic of Belarus in matters related to foreign investments.
Renaissance Capital is also selected to support Belarusian privatization efforts. Earlier this year, Renaissance Capital was appointed Belarus' privatization advisor by the State Property Fund of Belarus.
In December 2009, Renaissance Capital opened a representative office in the Republic of Belarus. The office is staffed locally and supported by Renaissance Capital's investment banking hub in Kiev.