Business news

Belagro 2022 to take place in Great Stone on 7-11 June
The exhibition will feature machinery, technologies and equipment for agricultural industry, farms and greenhouses, agricultural products, agrochemistry, plant and soil protection products, animal science, feed and feed additives, veterinary preparations and medicines...

MTZ export up almost 25% in 2021
More than 36,000 tractors and machinery were delivered abroad. In 2021 MTZ delivered 41,6% more products to the non-CIS states than the year before...

Minsk Automobile Plant ships batch of buses to Russia’s Krasnodar
The new buses are designed for 101 seats. These are three-door, low-floor vehicles, equipped with powerful air conditioning, USB-sockets and LED screens, and also seats for physically challenged passengers...

Belarusian commodity exchange expects no significant price fluctuations for rolled steel in January
BUCE analysts also noted that since about 70% of ferrous metals sold at BUCE are of Russian origin, prices on the Belarusian exchange market fully reflect the price situation in Russia...

Lukashenko unhappy with performance of construction industry
"No construction means no development of the country. It is an axiom, and it is clear to everyone, especially to you, who have been working in the construction sector for a long time. If we take a look at the performance of the construction industry last year (I have the data as of the end of November, maybe something changed in December), I can say that there is not much to be happy about"...

Prices for industrial timber keep declining at Belarusian commodity exchange
According to BUCE analysts, the downward price trend was facilitated primarily by the annual auctions in timber , with 60% of the planned annual volume put up for sale, rather than 40% as in previous years...

Lukashenko urges to create more jobs in Minsk satellite towns
Aleksandr Lukashenko announced his plans to visit Dzerzhinsk in the spring. “It should be a pilot regional project, especially for Minsk. We need to spruce this town up and create additional jobs there, if necessary,” he stressed...

Chambers of commerce of Belarus, Iran committed to cooperation
During the meeting, the parties expressed interest in mutually beneficial cooperation, presented the economic potential of the regions and agreed to exchange business proposals of Belarusian and Iranian business...

BelNPP's first unit generates over 6bn kWh of electricity
Since it was connected to the power grid in November 2020, the first unit of the Belarusian nuclear power plant has generated more than 6 billion kWh of electricity, which made it possible to replace 1.7 billion cubic meters of natural gas, Belarusian Deputy Energy Minister Mikhail Mikhadyuk said in an interview with the Belarusian radio...

Belarus’ economic targets for 2022 outlined
The decree on the most important parameters of the country's development in 2022 that the head of state signed in early December covers the qualitative components of GDP: export, investment, revenue...

Belarusian commodity exchange welcomes first company from Pakistan
The arrival of the Pakistani trading enterprise at the Belarusian commodity exchange was the result of close cooperation between BUCE and the Embassy of Pakistan in Belarus, which assisted in organizing a visit of a Pakistani business delegation to Minsk in October this year...

Putin: ‘Belarusian economy is in good shape’
The president stressed that Belarus is a reliable partner for Russia not only in terms of political relations, but also in terms of economy...

Trade between Belarus, Russia’s Pskov Oblast up by 40.8% in January-October 2021
"In January-October, the trade between Belarus and Russia’s Pskov Oblast amounted to more than $122 million, which was up by 40.8% year-on-year. Export totaled $74.8 million, up by 41%"...

PM: Belarus’ export grows by over 30% in 2021
“While some European factories began to shut down over unaffordable energy prices, we feel comfortable enough, we keep working and meeting the demand for our products in various markets,” the prime minister said...

PM: Belarus, Russia need to build common economic space first
According to Roman Golovchenko, the governments of Belarus and Russia have gradually come to an understanding that simple cooperation in economic relations between the countries is not enough, especially under the complex geopolitical situation, when both states are under sanctions...

Over 30 Belarusian specialists to work at UPM Uruguay
The company comprises two pulp mills and a timber harvesting and supply enterprise...

PM visits Belarusian heavy truck manufacturer BelAZ
Roman Golovchenko got a tour of the company and got familiar with the new models of haul trucks...

Belarus’ Hi-Tech Park welcomes 52 new companies
More than 20 of these companies plan to develop their own products. Newcomers represent various fields of expertise, including financial technology, healthcare technology, development of mobile applications and web platforms, e-commerce, gaming, mining, etc...

Belarusian commodity exchange welcomes new broker from Russia
The group of companies also operates the international trade website woodresource.rf, one of the largest trading platforms of the forest industry in Russia and an accredited partner of the Russian Export Center...

Loading of nuclear fuel into second unit of Belarusian nuclear power plant complete
It will be followed by reactor assembling and sealing works and hydraulic tests. After that, the unit will be prepared for power start-up, its inclusion in the country's energy grid and pilot operation. The second unit of the Belarusian nuclear power plant is supposed to be commissioned in 2022...