Business news

World Bank considering financial support for Belarusian SMEs
"We are now scrupulously considering these requests and were glad to hear the government had come up with ideas to expand programs on social support for those, who are vulnerable in the pandemic period"...

Lukashenko supports draft decree on wages at budget-sponsored organizations
"Benefits will be paid from the budget only to cover the difference between the amount paid by the organization and a minimum wage"...

Belarus’ A-100 Group of Companies ships large batch of PPE from China
The company has helped the healthcare system respond to the pandemic since early March, supplying medical equipment and PPE and donating funds...

Experts, business invited to work on Belarus’ social and economic program for 2021-2025
The groups include representatives of government bodies, business, banking sector, science and education, and experts...

Governor: New format of Spring in Gomel expo will let study region’s potential from around the globe
This year the Spring in Gomel exhibition will be held in a virtual format. The expo will be placed on the website vesna.ccigomel.by and will stay open through 10 June...

Belorusneft-Siberia breaks daily drilling footage record by 30%
The new record was set at the construction site of oil well No.1106, well pad No.5. The intended depth of the well is 4,325 meters...

UNICEF, Wargaming donate 91,000 top-notch filter masks to Belarusian medics
The masks will soon be delivered to the medical institutions that need them most...

Belagro 2020 expo rescheduled for 1-5 September
The expos were previously scheduled for 2-6 June...

UNDP to set up innovation lab in Belarus to accelerate local development
The lab will develop promising ideas, which will be part of the foundation of future UNDP projects with the Belarusian government, donors and partners of the program, will allow raising additional resources and scaling these local solutions...

Belarusian textile manufacturers to look for new partners, to increase exports to EU
"The situation is not easy in the industry due to the objective reasons - closed borders, falling purchasing power and other reasons. Yet, the targets set by the country's leadership for 2020 must be met"...

Lukashenko: Issue of gas transportation prices on EAEU market still not settled
"We could not come up with a final mutually acceptable solution for many years. And the issue becomes even more important"...

Belneftekhim expects tanker with U.S. oil to arrive in Klaipeda before 5 June
Oil will be delivered from the port of Klaipeda to Belarus’ oil refinery Naftan by rail. It will take about a week and a half...

NASB, Guangdong Academy of Sciences to set up joint center of industrial technologies
According to the document, the center will be set up to strengthen cooperation in science and technology under the Belt and Road initiative...

Belkommunmash to deliver 20 trolleybuses to St. Petersburg
The supply contest was won together with OOO Promagroleasing-Tsentr. The first shipments are planned for May. In June the trolleybuses will be already humming along the city routes after start-up work...

Belarus to supply potash fertilizers to India at $230 per tonne
On 30 April, Belarusian Potash Company informed that it reached an agreement with a consortium of Chinese buyers (Sinochem, CNAMPGC, and CNOOC) on a new price for the Chinese contract...

Fitch affirms Belarus at 'B', outlook stable
Belarus' rating reflects improved macroeconomic stability, high income per capita, prudent fiscal policy and a clean debt repayment record...

Belarusian Red Cross, EPAM raise over Br400,000 to combat COVID-19
The campaign aimed to raise money to purchase medical equipment and personal protective equipment (PPE) for medical and social workers, employees and volunteers of the Belarusian Red Cross...

Chambers of commerce of Minsk, Eskisehir sign cooperation agreement
In addition to that, the participants of the videoconference presented the benefits of doing business in the FEZ Minsk, as well as economic and tourist potential of Minsk and Eskisehir...

Saudi oil reaches OAO Naftan oil refinery of Belarus
"The first train with the Saudi oil will arrive at OAO Naftan from Klaipeda today. The train consists of 60 tank cars carrying 3,600 tonnes of oil"...

Tanker with 80,000t of U.S. oil for Belarus to arrive in Klaipeda early June
"Yesterday the tanker began loading at the port of Beaumont [Texas]. The departure is scheduled for 17 May"...