Business news

Share of natural gas in Belarus’ energy mix to decrease to 60% with launch of NPP
With the commissioning of the second unit, the Belarusian NPP will increase the electricity production to 18.5 billion kWh per year. The plant will annually replace about 4.5 billion cubic meters of natural gas, reduce greenhouse gas emissions by 7 million tonnes per year...

Great Stone, Bashkortostan’s Development Corporation sign memorandum of cooperation
The document is aimed at developing business ties between the industrial park and Bashkortostan, interaction on improving the business environment and investment climate. The parties have agreed to provide mutual assistance in carrying out various joint events...

Belarus taking part in InterFood Astana expo
The Belarusian exposition is represented by large food companies, demonstrating their best products. The total exhibition space is 48 square meters...

Belarus, China to strengthen partnership in manufacturing
As a result of the meeting, a memorandum of cooperation was signed by the Industry Ministry of Belarus and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. The document seeks to expand the Belarus-China partnership in the manufacturing industry...

Gryzlov: Belarus, Russia are looking for import substitution opportunities together
In turn, Boris Gryzlov highlighted the importance and relevance of technological advancements, innovative solutions and active cooperation between Belarusian Automobile Plant (BelAZ) and partners from Russia. “It is gratifying that many Russian enterprises supply their components here. We have teamed up to look for import substitution opportunities"...

Belarus, Nizhny Novgorod Oblast to expand exchange trade in agricultural products
In order to achieve the maximum economic effect, the exchange trade is planned to be used to import goods from Nizhny Novgorod Oblast and to supply Belarusian products to this Russian region...

Golovchenko: FDI in Belarus highest in 9 years
"In the first quarter of this year, despite everything that has happened and is happening in the world, Belarus posted the biggest foreign direct investment on a net basis in the last nine years. These were mostly reinvested revenues of foreign entities that have operations in Belarus"...

Serbian president, Hungarian prime minister visit exposition featuring Belarusian tractors
The Belarusian-Serbian joint venture Agropanonka assembles and sells tractors made by the Belarusian company MTZ in addition to selling other Belarusian agricultural machines...

Belarus taking part in Gas. Oil. Technologies 2022 expo in Ufa
The Belarusian exposition features companies of the Belarusian state petrochemical concern Belneftekhim: Belneftekhim-ROS, Belshina, Grodno Azot, Mineral Wax Plant, Lakokraska, Mozyr Oil Refinery, Polotsk-Steklovolokno, Seismotekhnika...

Farm produce to become major driver of Belarusian exchange exports
According to the representative of the exchange, in the conditions of increased demand for food and strengthening trade and economic relations within the Eurasian Economic Union, the exchange mechanism is able to realize the export potential of the Belarusian agro-industrial complex in the most effective way...

Vitebsk Oblast to strengthen cooperation with Crimea
"Our ports in Crimea are underloaded by 15-20%. So you can safely go to us. The export of goods to the countries we cooperate with can be quite active"...

Armenia’s digitalization experience of interest to Belarus
Ambassador of Belarus to Armenia Aleksandr Konyuk emphasized the importance of the meeting for building partnerships between the two states. “Although the justice ministries of Belarus and Armenia have slightly different areas of responsibility, the two ministries can still benefit from exchanging best practices in digitalization. The information technology is rapidly developing in our country"...

Avdonin: Belarus-Russia trade shows rapid growth
“Belarus’ manufacturing industry, agriculture, our producers can fully replace certain goods and services that are imported, which will help boost trade"...

Belarusian, Russian metal producers, traders to convene in Zhlobin
Participants of the forum are expected to discuss the current situation on the market of metal goods of Belarus and Russia, the main trends of the year 2022, and the entire range of matters concerning acquisition and sales of metal products via exchanges...

Putin names cooperation in industry key issue of his meeting with Lukashenko
The Russian leader pointed to the growth in bilateral trade. According to him, last year bilateral trade was record high and approached $38 billion...

BELARUS tractors on show at expo in Serbia
The exposition organized by Belarus-Agropanonka DOO features machinery with the capacity varying from 80 to 150hp...

Great Stone, Nizhny Novgorod Oblast to expand cooperation
Deputy Governor of Nizhny Novgorod Oblast Andrei Sanosyan and representatives of a number of big companies of the region paid a visit to Great Stone to get familiar with the history and development of the park...

Gomel-Bryansk business forum praised as contribution to regional cooperation
According to him, much of what the two regions have outlined is already being implemented. In Bryansk, Gomel builders are set to build a residential building...

Lukashenko: Brains are the main asset of Belarusians
The president noted that this is exactly why Belarus embarked on the active promotion of the IT industry. Belarusian specialists are working in the field of space technology and biotechnologies...

Belarus, Azerbaijan develop strategic cooperation
A solid package of commercial contracts worth over $70 million was signed at the exhibiitons in Baku...