Business news

Belarusian Bellesbumprom’s exports up 14.7% in January-February 2021
This year, Bellesbumprom's enterprises continue to steadily increase shipments to non-CIS countries, where they exported 23.8% more products than during the same period in 2020. Shipments to neighboring countries increased by almost 6%...

Belarusian Construction Week exhibition opens in Minsk
Developers, suppliers, manufacturers and other representatives of companies will have a great opportunity to use the exhibition to establish cooperation with their counterparts. Specialists from different areas of the construction industry will get a chance to conclude lucrative deals and find partners...

Belarus-Tajikistan trade, economic cooperation discussed
Belarus and Tajikistan have signed over 60 bilateral agreements. Regular sessions of the Belarus-Tajikistan intergovernmental commission on trade and economic cooperation are held. The sessions help implement new bilateral projects and help increase trade turnover...

Belarus, Tajikistan, Afghanistan sign eight partnership development documents
Participants of the forum noted that despite last year’s pandemic Belarus-Tajikistan trade more than doubled and positive dynamics was secured in cooperation with Afghanistan. Representatives of the Belarusian Chamber of Commerce and Industry said that the main purpose of doing business is to preserve and raise the current level of mutual trade...

Belarusian Bellegprom mulling over flax exports to Tajikistan
Issues related to cooperation between light industry enterprises of the two countries were discussed as part of the Belarus-Tajikistan intergovernmental commission on trade and economic cooperation...

Belarusian MAZ opens aftersales service center in Uzbekistan
The new aftersales service center will improve access to the maintenance of MAZ vehicles. Since Uzbekistan is a very promising market in terms of sales of trucks, passenger vehicles, and special-purpose vehicles, the expansion of the chain of service centers will increase sales of Belarusian vehicles in the region...

Belarusian Cement Company opens representative office in Ukraine
It is the fourth foreign representative office of Belarusian Cement Company. The company has its own trading houses in the Russian cities of Smolensk and Kaliningrad and in Polish Siedlce...

Higher requirements for nuclear energy usage licensing introduced in Belarus
The document takes into account licensing peculiarities in the course of building and commissioning nuclear energy usage installations, including the Belarusian nuclear power plant. The Nuclear and Radiation Safety Department of the Belarusian Emergencies Ministry (Gosatomnadzor) will be in charge of license control...

Belarus’ exposition opens at industrial expo in Uzbekistan
The exposition features products of mechanical engineering, metallurgy, chemical industry, pharmaceutical industry, as well as medical equipment, new R&D solutions and consumer goods...

Belarusian commodity exchange posts fivefold rise in cement export in Q1 2021
"Almost all cement sold at BUCE’s export trading sessions is purchased by Russian companies. Recently, they have carried out not just one-time transactions, but have signed long-term contracts to buy large batches of tens of thousands tonnes of products"...

Belarusian steel mill BMZ starts making seven new product types
The new product types include new kinds of reinforcing bars, round bars, hot-rolled seamless pipes, and wire. The share of innovative products in the company’s total shipments has increased to 30% as a result...

Belarus ships over 220,000t of oil products via Russian seaports
The request of the Russian president, in early 2021 the government worked out and signed an intergovernmental agreement on the shipment of Belarusian oil products through the Russian seaports. The document is designed for three years and provides for automatic prolongation. It envisages the transportation of almost 10 million tonnes of Belarusian oil products during the period, said the Russian prime minister...

Minsk to host maiden #GBC telecommunications forum on 28-29 April
"It will be a unique event in the field of telecommunications. The main goal of the forum is to showcase achievements and projects in the area of e-government and to find new ways of digitization and interaction between the government, business, and citizens with the help of information and communications technology"...

Belarusian Potash Company signs contract to supply potash fertilizers to India at $280 per tonne
"This agreement is another step in the harmonic and steady development of the Indian and global potash markets"...

Belarus-Pakistan business council to meet online on 12 April
The event will highlight the most important areas of trade and economic cooperation between the two countries, proposals of the Belarusian and Pakistani business in such areas as industrial cooperation, construction, cooperation in agriculture, pharmaceuticals, education, science, IT...

BelNPP’s first unit generates 1.8bn kWh of electricity
Some 1.800 billion kWh has been produced since the commissioning of the first unit and its connection to the Belarusian power system. The unit is currently at the stage of pilot operation, during which the appropriate tests and routine work are being carried out...

Gomel Oblast, Russia’s Bryansk Oblast keen to step up cooperation in mechanical engineering
The parties discussed ways to strengthen social and economic ties, including prospects for expanding the presence of the Belarusian harvester manufacturer Gomselmash in the market of Bryansk Oblast...

Belarusian BelAZ to expand cooperation with Russian AV Group
BelAZ has sold 15 BelAZ-7555V haul trucks to OOO Azot Mining Service, which is part of AV Group. The new 55-tonne trucks will be used to create a coal cluster in Russia's Krasnoyarsk Krai. BelAZ will ship another 15 haul trucks of the BelAZ-75131 model to Kemerovo Oblast companies in April-May...

Belarusian Bellegprom eyeing South Africa market
"We are interested in advancing cooperation with South Africa. I am convinced that fabrics of our flagship enterprises – Orsha Linen Mill and Kamvol – will interest the African side. Our key task is to study optimal logistics since South Africa is quite far"...

Opinion: Efficiency of Belarusian economy relies on human capital development
"While drafting a new Education Code, we should focus on the close ties between education, science and industry, on the ways to unleash the creative potential of an individual, without which a knowledge-based economy is impossible in principle"...