Business news

State regulation helps stabilize food prices in Belarus, Russia during pandemic
According to the source, those are prices for bread, meat, fish, milk, sugar, sunflower oil, and a number of other staple foods. Market experts believe that the introduction of the state regulation has not curbed competition and has not resulted in a decrease in the number of commercial entities or in the emergence of trade barriers...

Belarusian commodity exchange reports record-high sales in seeds, crop protection agents
The amount of transactions was record-breaking thanks to a big number of suppliers. The trading sessions featured over 60 sellers, many of whom were direct producers of seeds and crop protection agents...

Belarus, Kazakhstan discuss further cooperation in agriculture
Ambassador Extraordinary and Plenipotentiary of Belarus to Kazakhstan Pavel Utyupin has met with Kazakhstan Minister of Agriculture Saparhan Omarov...

Belarusian BelAZ ships 130-tonne dump trucks to Kazakhstan
The new BelAZ-75131 trucks had been delivered to the open pit Vostochny as part of an agreement on strategic cooperation between BelAZ and the ERG. The three new trucks will soon be put to use alongside the seven BelAZ trucks the mining company has been using for two years already...

Belarusian Amkodor ships new snow remover model to Turkey
The new vehicle is designed to move snow and chipped ice onto trucks. It is fitted with steerable front and back wheels in order to reduce the turning radius and enable so-called crablike movement...

Revenues of Great Stone industrial park companies up 3.2 times in 2020
The revenues from selling products, works, services outside Belarus amounted to Br63.6 million (an increase of 8 times), which accounted for 33.7% of the total revenues...

Belarusian MZKT to present new APC at IDEX 2021 in Abu Dhabi
The vehicle can carry five people and is designed to protect them from small-arms fire and explosive devices. The APC offers optimal reliability and protection from threats in a combat zone...

Opinion: It is important for Belarus to step up presence in Africa, Latin America
"We have considerable experience of working in these regions in terms of localization of production, creation of a marketing network and other forms of cooperation. Industrial products from Belarus are quite well-known and often have competitive advantages in terms of quality and price. Belarusian exporters have established themselves as responsible partners"...

BUCE to facilitate Belarusian agricultural export to Russia’s Bryansk Oblast
Possibilities of using BUCE’s trade platforms as one of the main channels to export Belarusian agribusiness products to Bryansk Oblast were presented during the online forum Commonwealth 2021. The forum was dedicated to the development of Belarusian-Russian regional cooperation in agribusiness...

Signing of Belarus-Russia transshipment agreement postponed
More so, work is still underway on the contracts with Russian operators of seaport terminals and with the railway operator which must be signed together with the agreement...

Russia’s Penza Oblast interested in developing industrial cooperation with Belarus
According to Vladimir Semashko, Belarusian enterprises will be working to strengthen cooperation with Penza Oblast in the field of agriculture and automotive equipment, primarily farm machines, and in housing and utilities...

Great Stone industrial park raises $650m in investment since inception
"A supercapacitor, truck cranes, laser equipment, drones, Euro-6 engines and heavy-duty gearboxes, a 5G pilot communication zone and a multi-modal container terminal are just a few of the projects that are now underway in the park"...

Belarusian commodity exchange, Russian trade mission to team up to promote trade
BUCE plans to engage business contacts of the Russian trade mission to raise awareness of Russian business about BUCE’s possibilities as an effective platform for trade and procurement...

Belarus, Russia to sign agreement on transshipment of oil products on 15 February
The draft agreement envisages the transshipment of more than 9.8 million tonnes of Belarusian cargoes via Russian Baltic sea ports in 2021-2023. These include fuel oil, petrol and oil. The agreement provides for take-or-pay contracts...

Belarus’ Gomselmash showcases new products in Tatarstan
Gomselmash’s official dealer in Tatarstan Tatagroleasing has put on show the new GS12 PRO grain harvester and the universal power tool UES-2-280A with a rotary mower-conditioner CRC-9...

Belarusian Potash Company to sell potash fertilizers to China at $247 per tonne
Belarusian Potash Company believes that this agreement is “another logical step towards the stabilization of the international potash market and a positive sign for further rise in prices in other regions”...

Belarus’ Turov dairy company ramps up cheese production, earns $110m in 2020
In 2020, Turov Dairy Industrial Complex produced 28,600 tonnes of cheese, up by 30% over 2019. “Cheese production in 2020 doubled over 2018,” the company stressed...

Belarusian commodity exchange reports tenfold rise in concrete export in January
The surge in export was attributed to a strong interest in BUCE’s platform from Russian trading and construction companies and readiness of Belarusian sellers to conclude long-terms contracts for large batches...

MTZ increases share of innovative products
“The share of innovative products is the most important indicator for a modern enterprise. It means that every second tractor produced at the plant is from a new lineup or an upgrade. For comparison: a year earlier the share of innovative products was 42.1%”...

Belarusian BelAZ to ship 29 haul trucks to Russia’s major coal company
The Belarusian company shipped three 220-tonne BelAZ-75306 trucks to Kedrovsky coal mine, one of Kuzbassrazrezugol’s production facilities at the end of January. In February-April, 26 more BelAZ truck s will be shipped to Kuzbassrazrezugol, one of the largest coal companies in Russia...