Business news

Lukashenko endorses proposal to establish new tourism regulator in Belarus
According to Nikolai Snopkov, achieving these goals is planned, among other things, through reforming the industry into a true vertical and through cooperation between the state and businesses...

Snopkov: Belarusian government seeks tourism sector reform to increase profits
As BelTA previously reported, one of the key topics was the proposal to transfer tourism regulatory functions from the Sport and Tourism Ministry to the National Tourism Agency...

Amkodor financial recovery plan presented to Lukashenko
The government has submitted a draft decree to the head of state aimed at resolving the crisis at the Amkodor holding company. Commenting on the proposal, Aleksandr Lukashenko stressed that the document must be thoroughly justified and meticulously prepared to avoid repeated amendments or the need for additional state support in the near future...

Belarus’ GDP up by 1.3% in January-July 2025
According to estimates, in January-July 2025 the GDP amounted to Br155.2 billion in current prices, up by 1.3% in comparable prices year-on-year...

Belarus’ grain harvest reaches 7m tonnes
The regional breakdown is the following: Minsk Oblast harvested 1.751 million tonnes, Brest Oblast - 1,608 million tonnes, Grodno Oblast- 1.457 million tonnes, Mogilev Oblast- 913,000 tonnes, Gomel Oblast- 864,000 tonnes, Vitebsk Oblast – 620,000 tonnes...

Industrial performance seen as key to achieving all targets in Belarusian regions
The meeting reviewed the social and economic development results and budget execution for Mogilev Oblast in the first half of 2025, identifying potential growth areas for the regional economy...

Belarus to finalize BelVitunipharm vaccine production project by 2030
By then, the project aims to complete the vaccine production plant, integrate purchased equipment for recombinant veterinary drugs and design a new facility for biotech anticancer drugs based on monoclonal antibodies and nasal vaccines...

Lukashenko suggests framework for joint work of state, private pharmaceutical companies
Aleksandr Lukashenko is convinced that private and state-owned companies can function within a single organizational framework while respecting shared interests. At the same time, he added, the management of this structure should avoid excessive interference in private businesses...

Quarry road scraper from Belarusian BelAZ getting ready for commercial operation
The quarry road scraper represents a new type of quarry vehicles for BelAZ. It expands the lineup of special-purpose vehicles designed to cater to “transport arteries” of mining operations...

Belarus calls for food market stabilization mechanisms in EAEU
He stressed the need to continue removing barriers within the EAEU's internal market...

Preparations for building radioactive waste burial facility in Belarus reviewed
Olga Lugovskaya said: “The entire system of technical requirements for handling radioactive waste has been formed. The common legislative base that stipulates these requirements has been created"...

Over half of farm machinery in Russia’s Nizhny Novgorod Oblast is Belarus-made
In 2024, our bilateral trade exceeded $58 million, with $28.2 million in exports to Belarus (a 15% increase from 2023) and $30 million in imports from Belarus (up 16%)...

Belarus fully meets domestic demand for processed meat products
Following efforts to secure additional pork supplies for industrial processing in 2024, meat processing plants affiliated with the Agriculture and Food Ministry achieved approximately 90% utilization of their production capacity...

Belarus’ grain harvest past 6m tonnes
The regional breakdown is the following: Brest Oblast harvested 1.498 million tonnes, Grodno Oblast 1.264 million tonnes, Minsk Oblast 1.432 million tonnes, Gomel Oblast 732,000 tonnes, Mogilev Oblast 738,000 tonnes, and Vitebsk Oblast 515,000 tonnes...

Belarusian Cement Company builds concrete 3D printer
The construction 3D printer that has been set up at premises of Minsk Plant of Silicate Products is used to pour concrete or mixtures based on concrete and other construction materials layer by layer. The movement trajectory of the printer’s printing head follows the three-dimensional model of the future building or product. Full-sized construction objects, structures, and hardscape elements are produced as a result...

Belarus to develop precious metal coin production
The Gomel-based Kristall jewelry plant has undergone minor updates and minted its first gold coin, named Slavyanka, using Belarusian raw materials. The coin was presented to the head of state on 12 August...

Belarus’ Belneftekhim Concern to expand presence in China
“The petrochemical industry’s priority is to seek new partners while maintaining and expanding its foothold in China and we are steadily making progress,” emphasized Ilya Ikan. “Our enterprises already have successful experience in this direction"...

Golovchenko explains how Belarus’ gold and forex reserves reached a record high
As of 1 August, Belarus’ gold and foreign exchange reserves have for the first time approached the $12 billion mark...

China’s Anhui Province proposes sister-city partnerships, joint projects to Brest Oblast
"We anticipate comprehensive collaboration in automotive and home appliance manufacturing. We are also interested in setting up a warehouse for products manufactured by our companies in the FEZ. Furthermore, we see significant potential to expand humanitarian cooperation, particularly in education and healthcare,” Zhang Yunsheng stated...

PM outlines priorities for Belarus' Hi-Tech Park
HTP educational initiatives formed another key discussion point during the meeting. “Education remains paramount, especially for IT development. We are finalizing several collaborative projects for launch,” the prime minister said...