Business news

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...

Belarus produces trial batch of Sputnik V, Sputnik Light vaccines
This batch is scheduled to be sent to the Gamaleya Institute in Russia for quality control on 23 December. These samples will be used to study the stability of the vaccine during storage...

Belarus’ Development Bank’s economic growth facilitation tasks outlined
“In order to ensure the effective operation of the economy in 2022, hit key national development targets next year we will have to accomplish hard but doable tasks. We will have to work in complicated conditions next year. I believe we should proceed from that during the adoption of the Development Bank’s key performance targets for 2022,” Roman Golovchenko said...

Lukashenko stresses importance of preserving small enterprises in district capitals
The head of state noted that not all the district capitals have this problem with workforce shortage but there is a handful of district capitals like that in every oblast...

Belarusian government urged to pay more attention to Gomel Oblast
First of all, according to the president, the government should facilitate, in every possible way, the completion of major investment projects and bringing them to the design capacity...

Lukashenko mentions possible response to ban on Belarusian shipments via Klaipeda port
In his opinion, there lies a rather serious potential for Belarus to respond to “Lithuanian shenanigans around the Klaipeda port”...

Another plane carrying Chinese vaccine against COVID-19 en route to Belarus
"The cargo includes 1.1 million doses of the vaccine purchased by Belarus"...

Second unit of Belarusian nuclear power plant to be commissioned by summer 2022
“Today is a very important day: time has come for the physical launch of the second unit, the loading of fresh nuclear fuel has begun, it was preceded by a lot of preparations, the relevant license was granted, respectively, we’ve become witnesses of this historical event,” Roman Golovchenko said...

Belarusian enterprises sign $80m worth of contracts at Belinterexpo exhibitions
The most productive in terms of the number of contracts signed were the Belarusian exhibitions Chemistry in Moscow - $29.3 million, Innoprom. Big Industrial Week in Uzbekistan, UzProdExpo/UzAgro Expo in Uzbekistan, FoodExpo Kazakhstan - $13 million...

Physical launch of second unit of Belarusian nuclear power plant authorized
Before making the decision Gosatomnadzor’s commission for licensing activities in the area of usage of nuclear energy and sources of ionizing radiation reviewed the documents that justify the safety of the Belarusian nuclear power plant, including expert conclusions and results of the comprehensive inspection the state enterprise Belarusian Nuclear Power Plant...

Belavia named most punctual European air carrier at Sheremetyevo
The rating of airlines is based on landings, departures from the parking area and takeoffs...

Lukashenko urges new trade minister to use antimonopoly tools to influence prices
"We have lots of problems in antimonopoly regulation just like in post-Soviet republics. It is necessary to use antimonopoly tools in order to somehow suspend prices, keep them in the affordable range"...

Belarus’ State Committee on Science and Technology criticized for poor performance
Belarusian President Aleksandr Lukashenko has instructed new head of the State Committee on Science and Technology Sergei Shlychkov to improve the performance of the organization and the sector in general...