Business news

Belarusian sugar refineries export $1.4bn worth of merchandise over seven years
Leonid Zayats said: “The sugar industry is a steady donor that replenishes the country’s budget. It contributed Br115 million last year. Apart from that, Br29 million was transferred to the national development fund"...

Belarus to participate in China International Import Expo in Shanghai in November
Every year from 5 to 10, November Shanghai hosts China International Import Expo, the largest exhibition event in China which is also the largest and most significant exhibition event in the world...

Belarusian Industry Ministry enterprises sign over $250m worth of contracts at Innoprom 2023 expo
As many as 40 documents were signed as a result of the expo, including 24 commercial contracts and 16 strategic documents on cooperation. The top 3 Industry Ministry enterprises in terms of the sum of signed contracts are BelAZ, BMZ, and MAZ...

Belarusian engine manufacturer MMZ’s export over 17% up in H1 2023
The geography of product sales (including spare parts) includes 18 countries: Belarus, Russia, Kazakhstan, Uzbekistan, Azerbaijan, Moldova, Georgia, Czechia, Bulgaria, Germany, Hungary, Lithuania, Pakistan, Poland, Zimbabwe, Mongolia, Togo, and South Africa...

PM: Belarus, Russia’s Kemerovo Oblast need to intensify cooperation
He noted that Kemerovo Oblast is one of the largest buyers of BelAZ dump trucks...

UNDP hailed as important contributor to Belarus’ economic development
"They include the development of small and medium-sized businesses through the promotion of employment and self-employment in small and medium-sized towns, as well as support for economic initiatives, promotion of competitiveness and innovation for inclusive development"...

Development of Belarus-India business contacts discussed
Director of the National Marketing Center Nikolai Borisevich met with Ambassador Extraordinary and Plenipotentiary of India to Belarus Alok Ranjan Jha...

Roadmap signed for Belarus-Brazil project on setting up assembly enterprises
Sergei Lukashevich and Elmano de Freitas discussed prospects of establishing joint enterprises to assemble Belarusian tractors in Brazil, including compact tractors intended for family farms...

Belarus saves about 4.4bn cubic meters of natural gas thanks to BelNPP first unit so far
Since the unit was connected to the grid, it has generated 6.3 billion kWh of electricity. "This made it possible to replace a significant amount of natural gas - about 4.4 billion cubic meters," Energy Minister Viktor Karankevich said...

Belarus transports almost 6m tonnes of cargo via Russian sea ports in January-June
"In January-June of last year we transported 1.5 million tonnes of cargo through Russian seaports. This year the volume has already amounted to almost 6 million tonnes, an increase of 400%," Nikolai Snopkov said...

Plans to assemble small BELARUS tractors in Cuba
Currently, about 120,000 tractors of Belarusian and Russian make are in use in Cuba. The MTZ 80 model is especially common. During the talks, the Cuban side expressed interest in purchasing spare parts for Belarusian tractors...

Belarus’ Amkodor showcases new solutions at Field Day of Ryazan Oblast 2023
Amkodor presented a multi-purpose handler with a telescopic boom AMKODOR 527 that performs a wide range of farming operations...

Belarusian Confederation of Entrepreneurship to cooperate with Great Stone industrial park
The parties worked out approaches to the development of educational programs for young technology scientists of Belarus and China, discussed localization of production of Chinese investors and attraction of foreign investments to Belarus...

Belarus, Egypt discuss cooperation in manufacturing sector
Currently, the parties are implementing a number of joint projects in the manufacturing sector. At the same time, there are opportunities and prospects for expanding it...

Belarus’ National Center for Marketing, Association of Chinese Companies discuss cooperation
The focus of the meeting was on the prospects for interaction between the association and the National Center for Marketing as a single entry point to the Belarusian market...

National Center for Marketing to organize Belarusian business mission to Hong Kong
During the visit, the National Center for Marketing is planning to organize, together with Chinese partners, a Belarusian-Hong Kong business forum, which will become a platform for presentations of export opportunities of Belarusian food products and cosmetics and substantive negotiations with representatives of Hong Kong business...

Amkodor takes part in exhibition in Russia’s Ryazan Oblast
“The event is a great opportunity for the holding company to showcase its products, find new customers and establish new contacts with potential partners,” the press service emphasized...

Over 550,000t of grain threshed in Belarus
As of 17 July, winter barley was harvested from 138,200ha of land (90.3% of the harvested acreage), with 485,100 tonnes threshed (the average yield stood at 35.1 centners per hectare). Winter rapeseed for grain was gathered in from 37,600ha of land or 11.29% of the targeted area, with 70,300 tonnes threshed (the average yield stood at 18.7 centners per hectare)...

Snopkov speaks highly of incentives for producers in Great Stone industrial park
The parties agreed on strategic cooperation in healthcare and on creation of new facilities to produce medicines and medical equipment in the China-Belarus Industrial Park Great Stone...

Snopkov outlines key areas of investment cooperation with China
The company’s competencies are of interest to Belarus and domestic enterprises. It is not only about the supply of technological equipment, component parts and materials, but also about technologies, joint ventures and production localization with a focus on the EAEU market...