Business news

PM: Belarus’ GDP growth remains strong in January-September 2023
"In January-September 2023, GDP grew by 3.5% as the recovery dynamics remained in place in the main industries. In September the GDP went up by 6.2% (in annual terms). All regions made a contribution to GDP growth," Roman Golovchenko said...

Belarus’ vegetable harvest reaches 182,000 tonnes
Corn was harvested from 243,700 hectares of land. Some 2,021,300 tonnes of corn kernels were threshed, with the yields averaging 82.9 centners per hectare. Some 22,841,900 tonnes of corn for silage were cropped so far...

Belarus signs new contracts to supply peat to China
Agreements on cooperation with Chinese companies were reached by the Vitebsk Oblast natural gas provider Vitebskoblgaz on the sidelines of China International Import Expo running in Shanghai from 5 to 10 November...

Belarusian Belgospishcheprom reports progress in import-substitution effort
"Every year our enterprises increase the output of such goods, thereby reducing the foreign exchange burden on the economy of our country and saturating the market with high-quality products"...

Belarus, Russia’s St. Petersburg show interest in expanding cooperation
One of Belarus’ largest image projects in St. Petersburg should be the construction of a multi-brand center for the sale of Belarusian machinery...

Belarus’ food export in 2023 to match last year’s figures
He recalled that last year Belarus exported $8.3 billion worth of food products and agricultural raw materials...

Belarusian agricultural machinery maker Gomselmash to make 3,500 self-propelled machines in 2024
In January-September 2023 the company’s profitability of sales totaled 13.1% while the target was set at 8.2%. The output of industrial goods in effective prices exceeded the figure registered in January-September 2022 by 51.2%...

Prodexpo 2023 kicks off in Minsk
"Our products are recognizable and in demand. I hope that Belarusian enterprises will be able to sign good supply contracts during the event"...

Lukashenko discusses bill regulating passenger transportation
He noted that the draft decree was developed by the government in collaboration with the State Control Committee and the State Security Committee...

Over 4.8m tonnes of sugar beet harvested in Belarus
Belarus removed 4,805,400 tonnes of sugar beet from 98,700 hectares, with the yields standing at 487 centners per hectare. Belarus harvested a total of 181,200 tonnes of vegetables. The yield is 317.4 centners per hectare...

Belarus’ ambassador discusses prospects for joint ventures in Russia’s Magadan Oblast
According to him, trial deliveries of Mozyrsol salt, certain types of furniture and equipment to Magadan Oblast have already started...

Mogilev Oblast presents export potential before Russian, Chinese partners in Moscow
"Today we once again presented Mogilev Oblast’s economic potential. Close attention was paid to the investment potential. A separate presentation of the free economic zone Mogilev also took place. FEZ Mogilev is ready to suggest new projects to our partners"...

Aleinik: Türkiye pledges to help Belarus get restrictions on fertilizers lifted
“We reaffirmed our commitment to promoting this topic on international platforms and developing our cooperation in the bilateral format. Today Belarus meets 80% of Türkiye's demand for fertilizers,” Sergei Aleinik said...

Belarus’ foreign trade surplus at $371m in September 2023
Belarus’ foreign trade surplus in goods and services amounted to $371 million in September 2023. The export of goods and services was estimated at $4.22 billion, the import at $3.85 billion...

Belarus’ vegetable harvest reaches 179,000 tonnes
As of 13 November, Belarus harvested 9,434,100 tonnes of grain, including rapeseed. Corn was harvested from 241,400 hectares of land. Some 2,000,800 tonnes of corn kernels were threshed, with the yields averaging 82.9 centners per hectare. Some 22,815,700 tonnes of corn for silage were cropped so far...

Belarus, Türkiye to reach record-high trade by year end
“In the past two years our trade has exceeded $1 billion, but this year we expect to reach the record-high figures. According to the Turkish statistics, the trade amounted to $1.6 billion in January-October 2023,” Sergei Aleinik said...

PM: Belarus needs to maximize return on investments in R&D
"We need to work on the efficiency of scientific and technical activities. Now we assess it as satisfactory," the Belarusian head of government said...

Cuban PM discusses promising areas of cooperation with Belarusian MTZ
The prime minister of Cuba was interested in the Belarus 622 small-size tractor and Belarus 1523.3 general-purpose tractor...

Belarus harvests over 174,000 tonnes of vegetables
Belarus removed 4,639,600 tonnes of sugar beet from 94,600 hectares, with the yields standing at 485.7 centners per hectare...

Belarus’ PM visits Minsk City Technopark
Electric units for vehicles, space technology, smart city elements, transportation control systems, including the metro, medical and veterinary products, equipment for processing oilseeds, automatic warehouses and cash registers - these and many other areas are developed in the technopark...