Business news

Support for real sector identified as key area of Belarusian government’s work
"In the most complicated periods that Belarusian enterprises encounter in the course of their work our government is always ready to lend a hand. The enterprises receive various kinds of aid in the form of cheaper electricity and heating energy, exemption from some taxes"...

Belarusian IT company develops COVID-19 situation analysis system for Healthcare Ministry
The software will enable faster, fuller, and more transparent sharing of data submitted by healthcare organizations...

Share of Latvia, Lithuania, Poland in merchandise export via BUCE at 57% in H1 2020
The most popular products bought via BUCE in H1 2020 included edged softwood timber, chip fuel, and colza oil. Lithuanian companies were the largest buyers of sawn timber...

Belarusian Planar to design unique laser equipment model
Planar specialists are now working on a new technology to make microimages using a matrix that contains over 1 million micromirrors, each of which is controlled using a dedicated algorithm. The technology will allow forming images with nanometric precision...

Lukashenko visits dairy plant in Nesvizh, samples local products
Most of the output – about 96% -- is exported to Russia. Work is in progress on shipping local products to China and countries of the European Union...

Belorusneft Siberia acquires new-generation drilling rig
The drilling process is automated. The control system allows monitoring and changing all the parameters in real time. The drilling rig with the lifting capacity of up to 400 tonnes allows drilling boreholes up to 6,000 meters deep in any Arctic weather conditions...

Container train with Belarusian cut timber leaves for China
In H1 2020 Beltamozhservice sent nine container trains (over 500 containers) to China. The total volume of delivered products stands at 12,000 tonnes...

Belarusian food producers interested in stronger positions on Canadian market
Specific ways to stimulate the export of Belarusian goods were discussed. Conditions for penetrating the Canadian market and strengthening positions on the market were outlined...

Belarusian steel mill BMZ works to increase export
Steel output is expected to increase by 18% in July in comparison with the previous month. Positive dynamics in export and earnings is expected...

Grodnoinvest’s exports to Moscow, Moscow Oblast at $53m in January-May
The list of exported products is diverse featuring meat preserves, furniture, hosiery, alkyd resins, medium density fiber boards, containers of ferrous metal, wires and cables, herbicides, yarn, plastics, and metal fabric...

Sales of steel products via BUCE up 33% in H1 2020
"Since the start of the year, products of ferrous and nonferrous metals worth Br27 million have been sold via the Belarusian Universal Commodity Exchange"...

Over 8,600 cars made by Belarusian car factory BelGee in H1 2020
In H1 2020 the company sold 8,644 cars, including 4,470 cars on the Belarusian market. Export growth rate went up and approached 101% in U.S. dollar terms...

PM: Belarus’ GDP on a positive track in June
"Belarus is deeply integrated into the global economy, international cooperation chains. We have an open, export-oriented economy. That is why this [global economic situation] could not but affected us"...

Lukashenko: Bountiful harvest can generate good revenues for Belarus
At the same time, the head of state noted that harvesting should be done properly and in time to avoid losses...

EAEU chambers of commerce discuss resumption of business activity amid pandemic
The conference discussed joint proposals on ways to resume business activity in the EAEU countries amid the pandemic, to promote the smooth and effective interaction of business, remove barriers to mutual trade...

Belarusian confectionery branches out into Kazakhstan market
"We supply almost the entire line-up to that country: zefir, marmalade, toffee, pastille, and candy"...

Container train with Belarusian cut timber to leave for China on 24 July
"Railway transport is one of the most economical, reliable, and precise ways to deliver freight. It is universal for transporting large amounts of merchandise across great distances"...

NAIP-UNCTAD conference to focus on investment, post-pandemic economic recovery
Representatives of the state, heads of companies and international experts will use two thematic panel discussions to look into investment opportunities of Belarus in the context of post-pandemic economic recovery, companies’ experience of working n Belarus with a view to the potential of the EAEU markets...

NAIP to work with MPs to attract investment to Belarus
"We are creating a kind of fusion of political influence and professional expertise and set up a team to help investors find common ground with local authorities during project implementation: from the allocation of land to hiring workforce"...

Belarusian ice cream now available in Beijing stores
"In July, the retail chains of Beijing started selling Belarusian ice cream made by the Morozprodukt company. The first batch arrived in China on 2 July and is on sale in the Chinese capital"...