Business news

Gomselmash to increase export to Kazakhstan in 2021
Gomselmash Director General Aleksandr Novikov visited AgromashHolding KZ and met with the company’s president Alexandr Lavrentyev. The parties reached an agreement to increase the volume of supplies...

Belarus’ investment structure to be discussed in Mogilev
The conference will be grouped into thematic sections that will discuss approaches to understanding the functions and competencies of each element of the investment infrastructure of Belarus. The participants of the forum will also consider possible models of inter-agency cooperation at all stages of the investment process...

Belarus’ agricultural export to Tajikistan 1.4 times up in 2020
Belarus-Tajikistan trade in agricultural products and food totaled $9.8 million in 2020. Belarus’ food export to Tajikistan rose by 1.4 times to $9.5 million...

Gomel Oblast exports to China up by a third in 2020
All in all, local enterprises export more than 65% of their output to 92 countries...

Call to make most of cooperative chains in Belarus
Aleksandr Chervyakov cited cooperation between the metallurgical plant and the Olsa company as an example of successful cooperation. "The executive committee and the Industry Ministry helped secure favorable terms of the supply of special pipes to manufacture consumer goods, which accounted for 30% of the plant’s workload. Previously, the Olsa company had to purchase rolled pipes abroad"...

Belarus might develop its first prototype vaccine in late August
According to Dmitry Pinevich, the production of a vaccine consists of several stages: first, one needs to get a vaccine in vitro in a test tube setting, then scale it up to a pilot production batch, and only after all the trials are over, the mass production of the vaccine can begin...

Minsk to host TIBO 2021 forum on 1-4 June
The committee will have to ensure coordinated work for the sake of timely and proper formation of the exposition, preparation and organization of business events during the forum...

Belarusian heavy truck maker BelAZ eager to increase export by 60% in Q1 2021
"BelAZ has retained its positions on the world market. Demand for the vehicles is steady. The company is increasing deliveries to Russia, the People’s Republic of China, India, and other remote countries"...

Russia’s Primorsky Krai seeks closer cooperation with Belarusian tractor engineering company MTZ
This year, MTZ has already delivered about 30 pieces of BELARUS equipment to Primorsky Krai. By the end of the year the parties are set to increase deliveries to at least 140 machines, or 27% up from 2020...

Commodity exchanges of Belarus, Saint Petersburg keen to boost cooperation
A delegation of SPIMEX led by SPIMEX Vice President Aleksei Gerasyuk visited BUCE’s central office...

Governor: Belarusian products enjoy great demand in Russia's Far East
Belarus and Russia’s Primorsky Krai are also implementing interesting projects in agriculture. The parties have signed agreements on seed production, potato planting and fruit and vegetable farming...

Lukashenko invited to visit Russia’s Vladivostok
"We are planning to open a Belarusian trading house in Vladivostok in September"...

Belarus launches mass production of Russia’s Sputnik V vaccine
According to Belmedpreparaty Director General Sergei Belyayev, the vaccine can be used to vaccinate the general public starting from late April, after quality control findings are received...

Belarusian vehicles, diesel generators get kudos from Russian governor
According to Oleg Kozhemyako, the region is looking to buy 400 units of Belarusian utility vehicles in 2021-2022...

Belarus’ innovative fund to allocate over Br35m for research projects in 2021
The document defines the recipients and the amount of funds to be used to finance R&D and experimental engineering projects...

Number of electric vehicles expected to rise in Belarus
According to multiple experts, most of the public transport vehicles in Belarusian cities and towns will be electric in 2025-2030. Electric cars and other kinds of electric vehicles in urban areas will be able to consume about 2.3 billion kWh of electricity or up to 12.5% of the Belarusian nuclear power plant's output...

BelVEB Bank opens office in China-Belarus industrial park Great Stone
"The office will employ Chinese-speaking specialists, including native speakers, who will become the one-stop shop for providing all BelVEB Bank’s financial services primarily to residents of the industrial park"...

BUCE considering specialized trade options for UK market
"We are interested in supplying sawn timber and other Belarus-made products to the UK. If we need to come up with specialized trade options for it similarly to those we offer to the Chinese market, we are ready to do it. Moreover, the scheme has already proved its effectiveness"...

Vice premier outlines goals for Belarusian meat industry
"Russia is our main export market, but we are working to increase our presence in the Chinese market and are eyeing the markets of the Arab states and African countries. It is difficult to enter the European market, because European countries fiercely protect it, but we are trying to earn a good reputation on it as well"...

Belarus set to hit $1b in meat export in 2021
Russia accounts for 60% of Belarus’ meat export. "We supply the biggest assortment of products there, including sausages, canned food"...