Business news

27 Jun 2018

Belarus president pleased with cooperation with Russian Sberbank
"Once again I thank you for investing in Belarus, lending money to our economy -- $4 billion is a respectable sum"...

27 Jun 2018

Grodno Airport hopes to lure European low-cost airlines
He emphasized that he means European low-cost airlines, like AirBaltic, for example. Talks are underway not only with low-cost carriers. “There is a protocol of intentions, some documents have been signed, including with Polish companies”...

27 Jun 2018

Belarus expects to receive Chinese credit rating by end of summer
Thus, Belarus will able to float its bonds in the financial market of China. “We hope that the rating will be assigned somewhere by the end of summer”...

27 Jun 2018

Belarus’ central bank’s refinancing rate down to 10% per annum
As of today the refinancing rate has been reduced from 10.5% to 10% per annum. The rates on standing facilities and bilateral liquidity support operations have gone down from 11.75% to 11.5% per annum...

26 Jun 2018

Belarus to scale up machinery exports to Indonesia
Indonesia became the fourth most important market for Belarusian potassium chloride after China, Brazil and India. The share of the domestic potassium chloride in the aggregate import of the country is estimated at about 20%...

26 Jun 2018

Rail transport manufacturer Stadler Minsk to double output capacity by year end
"We will start the full cycle for producing five-car trains for Norway in September. As many as 16 trains will be made before summer 2019. This year we will also start working on double-deck six-car trains for Hungary. There are plans to ship a total of 40 cars"...

26 Jun 2018

Call for understandable indicators to measure effectiveness of Belarusian civil engineering industry
"Increasing the export of construction services and diversifying them are vital directions in the development of the civil engineering industry"...

26 Jun 2018

Mogilev Oblast starts exporting to 8 new countries
In January-April 2018 local companies entered the markets of the Dominican Republic, Congo, Kenya, Republic of Korea, Macedonia, Nigeria, Oman and Syria. All in all, Mogilev Oblast exports to 76 countries worldwide...

25 Jun 2018

Minsk tourist attractions showcased in Lyon
The pavilion also presented tourist attractions and cultural legacy of Minsk. Master classes in national arts and crafts were held...

25 Jun 2018

Belarusian IT industry expected to gain 7-10% per annum
"We intend to secure growth above the world’s, which makes up some 3.9% per annum but in 2021-2025 we need growth as high as 6-7% so that we could hit the GDP of at least $100 billion by the end of 2025"...

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