Business news

Libya seeks to import MTZ tractors
The Libyan delegation asked MTZ to prepare business offers with characteristics of machines for them to place an order and conclude contracts in the short term...

One company to represent Belarusian tractor maker MTZ in Russia
All the other trading houses will be reorganized by MTZ withdrawing from their capital. Other Belarusian industrial companies use the practice. The business direction of tractor manufacturing will be controlled by the parent company just the way it is done all over the world...

Belarus' Development Bank, Belarusian Innovation Fund sign agreement on cooperation
"The State Science and Technology Committee and the Belarusian Innovation Fund are very important institutions in the country. They work with the financing of new innovation projects, which often require significant financial resources. The Development Bank, as the largest institution that helps attract investment loans to enterprises, will enable the State Science and Technology Committee and the Innovation Fund to finance more projects"...

Bellesbumprom seeks long-term supply contracts with USA
“Bellesbumprom products are becoming increasingly popular on the U.S. market. This week, from 7 to 12 September, the company is receiving a delegation of U.S. businessmen, who plan to conclude long-term cooperation contracts. The U.S. market is a relatively new and very promising for Bellesbumprom enterprises,” the company said...

Belarusian Industrial and Investment Forum due in Minsk on 29 September-2 October
The forum aims to help companies scale up the production of high-tech competitive products, implement new cutting-edge technologies and equipment, forge new international contacts and raise investment...

Belarus’ Belneftekhim confirms plans for oil flows switch from Lithuania to Russia
TASS reported earlier citing Alexander Novak that Belarus and Russia were considering a possibility to divert the export of petroleum products from Lithuanian ports to the Russian Federation. In his words, within September Russia will prepare proposals on the shipment of Belarusian petroleum products through Russian ports...

BelAZ to ship six 45-tonne haul trucks to Siberia
BelAZ-7547 haul trucks are designed to work in Siberian climate conditions as per the customer’s specifications. Air temperatures in Siberia often drop to 50 degrees below zero in winter while summers are short and hot. Even when torrential rains and blizzards turn roads into seemingly unpassable mud, the Belarusian haul trucks will keep working...

TeMEx international industrial online expo to run from 14 October 2020 to 14 January 2021
The expo will bring together companies from various countries and will showcase latest products of various industries, from large machines and raw materials suppliers to R&D, IT, and automation solutions...

Mozyr Oil Refinery about to finish building hydrogen plant as part of heavy oil complex
Startup operations are supposed to take place at the hydrogen production plant in late September. Construction and installation operations at a sulfur production plant are nearing completion as well. This plant is supposed to be commissioned together with an integrated hydrocracking unit...

First unit of Belarusian nuclear power plant begins hydraulic tests
Once the hydraulic tests are successfully completed, other operations will begin – the warmup of the primary circuit of the reactor up to nominal parameters, the assessment of its nominal characteristics and the consequent increase in the reactor’s output to the minimal controlled level...

Amkodor included in Eurasian register of industrial producers
The inclusion in the Eurasian register of industrial producers among other ten Belarusian companies will help the holding company take part in government’s and municipal procurement orders in Russia. The decision was taken by the EAEU Intergovernmental Council with an active participation of the Ministry of Antimonopoly Regulation and Trade of Belarus...

Lukashenko: Much has been done for Belarus’ economic stability
"I have always said and I want to remind you once again that our main task, problem and concern is the economy. With the sound economy, we will have everything we need. If there is no economy, then no need to rely on ideology, security and peace in the country"...

Gomeloboi mulling over supplies to Turkey, Israel
According to Vitaly Skibunov, vinyl wallpaper is currently one of the most popular and profitable product...

Belarusian MAZ ships number of buses to Russian Yekaterinburg
Yekaterinburg Mayor Aleksandr Vysokinsky took part in the acceptance ceremony. The mayor praised the buses and noted how comfortable the driver seat with a panoramic windshield and a soft chair was...

Nearly 7.9m tonnes of grain harvested in Belarus
As of 4 September, Minsk Oblast harvested more than 1.9 million tonnes of grain, Grodno Oblast 1.5 million tonnes, Brest Oblast over 1.3 million tonnes, Vitebsk Oblast and Mogilev Oblast over 1 million tonnes, and Gomel Oblast over 900,000 tonnes...

Furniture Forum in Minsk moved to 2021
Originally, the event was to take place on 9-12 September 2020...

Belarusian FEZ register over 60 new resident companies in H1 2020
The country is drawing up a five-year program and a targeted medium-term forecast, Anzhelika Nikitina pointed out. "One section of this program will deal with free economic zones"...

BelAZ to ship 12 haul trucks to Algeria in September
GICA Group declared BelAZ winner of two more tenders. A contract on shipping 12 more haul trucks to the open pit Saoura has already been signed. The vehicles will be shipped in September...

Belarus, Russia in agreement on payment for energy resources
However, the Russian head of government did not disclose the essence of the agreements and specific decisions...

Technopark in China’s Changchun expected to strengthen Belarus-China relations
"Belarus is an active participant in the global Belt and Road project. The Belarus-China technopark in the city of Changchun will get an important role in the project"...