Business news

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...

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...