Business news

BelAZ plans to increase equipment supplies to Khabarovsk Territory
“BelAZ equipment is widely used in Khabarovsk Territory. Haul trucks of this brand have proven themselves well in the mining industry. They are successfully operated by Highland Gold Mining Limited (Russdragmet) and Urgalugol. Our industrialists are extremely interested in regular deliveries of spare parts, component parts and specialized equipment,” the governor emphasized...

Prospects for Belarusian-Uzbek projects discussed in Almalyk
The diplomat met with Chairman of the Board of the Almalyk Mining and Metallurgical Complex Abdulla Khursanov to discuss the projects to develop corporate infrastructure facilities and the prospects for supplying Belarusian-made wooden houses for the tourist and recreational zone...

Golovchenko: The Belarusian economy feels rather confident despite sanctions
The average profit margin of sales of Belarusian industrial goods is 8-9%...

Golovchenko: Sanctions against Belarus and Russia rock the entire world economy
The official noted that Belarus was one of the key suppliers of fuel to the European market, in particular, diesel fuel...

Minsk, Guangzhou to hold online business events
In the context of the memorandum of cooperation signed in October 2021 between the Sovietsky district of Minsk and the Nansha district of Guangzhou, the parties, in particular, agreed to hold a number of thematic online events with the participation of business of the two countries...

Bellegprom enterprises sell to over 40 countries in Q1 2022
In January-March 2022 the Bellegprom enterprises produced Br446.6 million worth of goods, which is 106.2% compared with the same stretch a year ago...

Belarusian food manufacturers look to tap into market of Colombia
In his words, last year the trade between Belarus and Colombia amounted to $90 million. In 2016 the figure stood at $47 million...

Plans to study cooperation prospects for industrial companies of Belarus, Turkmenistan
Director of the National Center for Marketing and Price Study Nikolai Borisevich held a meeting with Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Belarus Nazarkuly Shakuliyev...

Foreign investments in Belarus economy at $3.4bn in Q1 2022
The main investors in Belarusian corporations were commercial entities from Russia (37.7% of all the incoming investments), Cyprus (22.9%), Netherlands (8%), and Ukraine (6.6%)...

FEZ Grodnoinvest gets over $134m of foreign investment in January-March
The biggest investors were companies from the Netherlands, Cyprus, Austria, Great Britain and Poland. There were investments from the UAE...

Belarus eager to resume potassium deliveries to Brazil, drives down prices
"It is a fact that it is impossible to replace Belarusian potash on the Brazilian market because it accounts for nearly 20% of the Brazilian market"...

Belarus, Venezuela agree on cooperation to promote bilateral trade
Director of the National Center for Marketing and Price Study Nikolai Borisevich met with Ambassador of Venezuela to Belarus Franklin Ramirez Araque. The Venezuelan diplomat was showed the possibilities of the center to intensify bilateral cooperation...

Belarus, Russia’s Nizhny Novgorod Oblast to develop cooperation in manufacturing
A regular meeting of the joint working group on manufacturing took place in the format of a video conference...

PM: Cooperation with Russia is important for countering sanctions
Trade between Belarus and Khabarovsk Territory increased by 2.1 times in 2021 to total $18.1 million Exports surged more than twofold to $17.9 million...

Belarus’ Brest Oblast seeks closer cooperation with Asian countries
According to him, Brest Oblast is focused on working closely with China. There is a big market of opportunities in India. Belarusian products are in demand in Vietnam and Indonesia. There is interest in importing components from there...

Lukashenko: The Hi-Tech Park will keep working
The president noted that the Hi-Tech Park in Belarus had given a nudge to the development of the IT sphere at all enterprises and the National Academy of Sciences...

Lukashenko: We can deal with any problems
Aleksandr Lukashenko suggested creating a base together in Khabarovsk Territory, which could be used to develop the region...

Governor: Russia's Khabarovsk Territory seeks to build even closer cooperation with Belarus
"I came with a team of government officials and a business mission: builders, agrarians, loggers and, of course, entrepreneurs engaged in trade who seek to diversify purchases and increase supplies of high-quality Belarusian products to Khabarovsk Territory"...

Belarus plans to export more to Russia, China
"Withdrawal of a number of foreign companies from the Russian market opens up additional opportunities for Belarusian exporters. Where we already hold a significant share, we can step it up"...

Belarus plans to launch BelNPP second unit in 2022
With two power units up and running, the Belarusian NPP will generate about 18 billion kWh per year for the country's energy system...