Business news

Russia’s Irkutsk Oblast to buy over 160 MTZ tractors soon
"We can supply the entire product choice of MTZ Holding Company to Irkutsk Oblast. Forest machines and special-purpose machines can be delivered to Irkutsk Oblast organizations for trial operation. This kind of machines has not been shipped to the region before. The possibility of buying machines and vehicles for volunteers, who help fight forest fires, is under consideration"...

Belarus president visits agricultural company near Grodno
In the past five years, sales revenues soared by Br20 million to total Br58 million in 2020, with the net profit at Br12 million and product profitability at 26.6%...

Lukashenko points out growing presence of Belarusian companies on Chinese market
Aleksandr Lukashenko noted that the agreement on selling Belarusian products in China had been made at the highest level. There is virtually no other way to start selling to China...

HTP Administration authorized to oversee digital finances in Belarus
The documents were developed in line with the decision taken at the meeting to discuss bills aimed at combating illicit financial transactions in IT on 16 March...

Belarusian commodity exchange reports fourfold rise in rapeseed oil sales
"This year, Belarusian companies that trade on BUCE have got the green light to start exporting to China, which contributed to export growth in natural terms. In general, the Chinese market is large enough to consume all exports of the Belarusian fat and oil industry"...

Lukashenko approves State Investment Program for 2021
In 2021, Br664.2 million is to be allocated to finance 102 facilities featured in the program, including Br399.5 million of state capital investments, and Br105 million from the national development fund...

Great Stone’s new resident company launches project in Chinese medicine
At the first stage the company plans to produce coronavirus medicines to be later be exported to Ukraine, Russia, Azerbaijan, Turkey, India and other countries. It is expected that the production of medicines will begin in 2021...

Ecology Expo 2021, environmental forum due in Minsk on 3-5 June
"This is a unique opportunity for business growth, for exchange of best international environmental practices"...

Steel export by Belarusian BMZ on the rise
Russia is an important supplier of the main raw materials and one of the largest consumers of Belarusian metal products. BMZ’s export to Russia exceeded 58,000 tonnes in January-February 2021, 8% up from January-February 2020...

Belarusian steel mill BMZ, Eurasian Economic Commission discuss raw materials availability
"For the last half a year our commission has been rather actively discussing the provision of Eurasian metallurgical enterprises with scrap metal. It was one of the key topics during the latest session of the intergovernmental council in Almaty"...

Belarus’ deputy premier, ECC minister discuss cooperation in agriculture, industry
“We actively support all kinds of cooperation in the manufacturing industry. It is important that our joint products are sold on the markets of third countries. In order to promote this kind of cooperation, it is necessary to use appropriate financial instruments, like those available at the Eurasian Development Bank,” he said...

Acceptance commission for nuclear power plant’s first unit appointed in Belarus
Deputy Prime Minister Yuri Nazarov took charge of the acceptance commission. Belenergo Director General Pavel Drozd and Deputy Energy Minister Mikhail Mikhadyuk were appointed his deputies...

Interactive 5D building passport presented at BUDEXPO 2021
During the expo the Minsk Oblast Agency for State Registration and Land Cadaster presented modern technologies that allow organizing a virtual tour inside models of buildings using virtual reality glasses...

Belarusian MAZ presents new automobile crane at BUDEXPO 2021
The fully extended arm of the crane is 32.6m long. In its initial 10-meter-long configuration it can lift up to 32 tonnes. When extended by 11m, the arm can lift over 4 tonnes up to a height of up to 33m, which is twice as much as what the vehicle’s CIS competitors can do...

Enterprises of Russia's Chelyabinsk Oblast eager to sell metal products via BUCE
The companies are primarily interested in selling more ferrous rolled products that enjoy a steadily high demand among Belarusian industrial enterprises...

BSUIR, Russian Technological University sign cooperation roadmap
After the negotiations, the parties signed a roadmap to advance cooperation. The universities will develop joint educational programs to train specialists and postgraduate students in line with educational standards of the two parties, arrange internships, and run joint retraining and advanced training programs, training courses...

Belarus to showcase its products at trade shows in Tajikistan
Exhibitions of Belarusian manufacturers under the common brand Made in Belarus will show the best of the domestic industry in the following sections: AgroFood (agriculture and food), TechMach (mechanical engineering and technology), Wood (woodworking industry and furniture)...

Belarus’ ambassador authorized to hold gas talks with Russia
The Council of Ministers authorizes Vladimir Semashko to negotiate a draft protocol on amending the agreement as of 25 November 2011 between the governments of Belarus and Russia on the procedure for setting prices (tariffs) for the supply of gas to Belarus and its transportation through gas pipelines located in Belarus...

BUDEXPO 2021 international architecture and construction trade show opens in Minsk
The key themes of the exhibition in 2021 are modern, beautiful, affordable and comfortable housing and urban environment. The exhibition covers all kinds of matters related to architecture and urban planning - from development plans of settlements, architectural concepts of neighborhood development to smart management systems and landscaping...

Minsk, Bangalore to expand cooperation in several areas
The parties agreed to expand educational opportunities in technical specialties and information technology in Belarus for students from India...