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14 Aug 2020
European Union’s share in merchandise export via BUCE past 80% in January-July European Union’s share in merchandise export via BUCE past 80% in January-July
The top three buyers are Latvia, Lithuania, and Poland with the sum of the deals at $140 million...
14 Aug 2020
Mozyr Oil Refinery starts exporting bitumen to Poland, UK Mozyr Oil Refinery starts exporting bitumen to Poland, UK
In July the company’s bitumen output rose by 30% to a record high of 83,000 tonnes. The result was achieved despite limited supplies of raw materials in Q1 2020...
13 Aug 2020
Grodno Oblast’s merchandise export up by 15% in H1 2020 Grodno Oblast’s merchandise export up by 15% in H1 2020
In H1 2020 Grodno Oblast met more than half of the key performance indicators and even beat the target regarding the merchandise export that came at $775 million, which was up by 15% year-on-year. The region had a surplus of $150 million. Grodno Oblast raised more than $89 million in foreign direct investment (well above the target of $55 million) in H1...
13 Aug 2020
Naftan starts receiving second batch of U.S. oil Naftan starts receiving second batch of U.S. oil
The entire batch will be delivered to Naftan during August...
13 Aug 2020
13 Aug 2020
Cheaper electricity for real sector after Belarusian nuclear power plant launch Cheaper electricity for real sector after Belarusian nuclear power plant launch
Viktor Karankevich reminded that the loading of nuclear fuel into the reactor of the first unit of the Belarusian nuclear power plant began on 7 August. The work will be finished on 13 August – all the 163 fuel rod arrays are supposed to be loaded then. “After that the reactor will be assembled, sealed, and will have to reach minimal output levels. Connection to the power grid and the generation of electricity for consumers in the country are scheduled for Q4 2020”...
13 Aug 2020
Belarusian oil refineries intend to process at least 16-16.5m tonnes of oil in 2020 Belarusian oil refineries intend to process at least 16-16.5m tonnes of oil in 2020
According to the source, at present the Belarusian oil refineries operate steadily, plans on deliveries till the end of the year are in place...
13 Aug 2020
Miory Steel to debut at Belarusian commodity exchange in September Miory Steel to debut at Belarusian commodity exchange in September
"Participants of the inaugural trading session will be able to purchase a total of 4,700 tonnes of cold-rolled coils at the initial price of €460 per tonne. Miory Steel offers the following terms of payment and delivery: full advance payment within 3 banking days from the invoice issue date and shipping under Ex Works (Miory). Several foreign traders registered on BUCE have already expressed interest in buying Miory Steel products"...
12 Aug 2020
Belarus’ central bank expects annual inflation at 5-5.3% till year end Belarus’ central bank expects annual inflation at 5-5.3% till year end
"A combination of lengthy disinflation factors, which effect is already manifested, will help keep prices stable later on"...
11 Aug 2020
Belarusbank, UBS Switzerland AG to finance purchase of Stadler trains for Belarusian Railways Belarusbank, UBS Switzerland AG to finance purchase of Stadler trains for Belarusian Railways
The company has already started producing ten five-car FLIRT trains for Belarusian Railways. The first new electric train will be launched in July 2021...
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