The Court of Justice of the European Union (The General Court) has decided to lift sanctions on Belshyna AAT.
The company stated that it does not support the regime of the Belarusian president Alexander Lukashenko.
Belshyna, which is wholly owned by the Belarusian state, is one of the largest tire manufacturers in the world.
The company includes: a large-size tire plant, a mass tire plant, a giant tire plant, a mechanical plant, other units necessary for the organization of production and sales of products, as well as social facilities.
Belshyna was sanctioned by EU for supporting the Lukashenko regime and dismissing employees who protested and went on strike in the wake of the 2020 presidential elections in Belarus.
In court, the company stated that it had not paid dividends to its shareholders between 2018 and 2021.
In addition the company said that two employees were dismissed for unjustified absences during working hours since 20 August 2020, and another employee was dismissed for the same reasons on 20 and 22 August.
