Business news

Belarus makes progress in Global Innovation Index 2020
Belarus was ranked the highest in Human Capital and Research (37th place), Infrastructure (46th place), and Knowledge and Technological Output (58th place)...

Belneftekhim to export over 3m tonnes of oil products to Ukraine
Plans are in place to export 230,000 tonnes of diesel fuel to Poland and 150,000 tonnes to the Baltic states. Belneftekhim also intends to step up its presence in terms of diesel fuel in these countries...

Tanker with Azerbaijan oil for Belarus arrives at Odessa port
SOCAR may deliver up to 1 million tonnes of oil to Belarus in 2020, Belneftekhim Chairman Andrei Rybakov was quoted as saying...

BelNPP to start electricity production by November
“The work goes on schedule. Safety is a top priority for us. No rush, everything is done strictly according to the regulations, under the control of the Nuclear and Radiation Safety Department of the Belarusian Emergencies Ministry (Gosatomnadzor). Preparations are underway to bring the reactor plant to the minimum controlled power level,” Mikhail Mikhadyuk said...

Gomselmash increases exports to Moldova
Gomselmash expanded the model range of its supplies to meet the demand of small and medium-sized farms in Moldova. This year, the GS5A combine harvester has been added to the supplies of the GS812, GS10, GS12 models...

Belarus-built residential complex inaugurated in Russia’s Obninsk
The new residential complex was built using the latest technologies and materials. It consists of two houses for 473 apartments of 24 different layouts. The complex features recreation areas, children's playgrounds and workout zones, parking spaces, and an arboretum park. The complex boasts a barrier-free environment for people with disabilities, and also a “smart home” concept featuring an access control system...

Potato harvesting in progress in Belarus
This year’s total area under potatoes is close to 25,300 hectares. Nearly 26,900 tonnes of potatoes has been harvested, with the yield at 313.1 centners per hectare...

Belarus, China to set up commission for cooperation in customs, quarantine matters
Belarus and China have already started drawing up an appropriate international instrument. The State Customs Committee noted that the establishment of the commission will highlight the high level of cooperation with the Chinese customs authority and will help address customs issues and give Belarusian goods access to the Chinese market...

Belarus to import 1.6m tonnes of oil in September
"In September 2020 Belarus is set to import a total of 1.606 million tonnes of oil, including 1.45 million tonnes from Russia by pipeline. The rest will be transported by tanker and railway"...

Products of ten Belarusian enterprises added to Russia’s register of EAEU-made goods
These Belarusian companies include mechanical engineering companies MAZ and Amkodor, Minsk Wheel Tractor Plant (MZKT), textile manufacturers Kamvol and Sukno, and others. Their products are now eligible for participation in Russian public procurement programs...

Belarus’ Economy Ministry holds foresight session to discuss SMEs
The ‘map of the future’ is expected to be used as a roadmap of successive actions to create favorable conditions for small and medium-sized businesses in Belarus taking into account the projected risks and probable deterrents...

Belarusian ambassador visits Russia’s Kemerovo Oblast, Sakhalin Island
During the visit Russia’s largest technical support center of the Belarusian automobile engineering company BelAZ was opened in Belovo District, Kemerovo Oblast. Events were arranged for the sake of further advancing trade and economic cooperation with Kuzbass. Future deliveries of haul trucks and aftersales service were discussed...

Belarus Mogotex develops reusable coveralls for healthcare workers
The coveralls were made from PROTO 65" waterproof, breathable fabric membrane developed by Mogotex in strict compliance with requirements determined by the Healthcare Ministry...

Chambers of commerce of Belarus, China to promote bilateral business relations
The participants discussed cooperation in production and supplies of baked goods, wine, dairy products, in the leather industry, international shipments, trade in cosmetics and medical equipment...

Big Chinese company shows interest in purchasing meat via BUCE
Following the results of negotiations between the BUCE and the company, there are plans to look into the possibility of organizing supplies of Belarusian agricultural products to China using the exchange mechanism. The Chinese side, in particular, expressed interest in purchasing pork and beef at trade sessions. According to the top manager of Hebei Xinbenshi Agricultural Technology, this product is in great demand in China...

Belarusian BelAZ trucks to work in Gobi Desert
Mongolian customers are familiar with the BelAZ brand and have a lot of experience of using and maintaining Belarusian haul trucks. BelAZ trucks have been sold to Mongolia since the 1970s. Large batches of trucks were shipped every year in the last five years. In 2019 alone 35 haul trucks were shipped to Mongolia...

Lukashenko extends Miner’s Day greetings to Belaruskali workers
“Mining industry is one of the key sectors for the country's economy. Thanks to your hard and responsible work Belarus is now the largest producer and supplier of potash fertilizers on the world market”...

Call to convert potential of Belarusian Polesie region into new contracts
According to Vladimir Ulakhovich, the main task is to use the potential of Polesie, to convert it into new contracts, exports, the development of the economy, new production facilities and technologies. “We want the diplomats, who are responsible for trade and economic cooperation with Belarus in their embassies, to meet with the heads of enterprises to learn more about them, their manufacturing potential"...

Dairy products account for 43.3% of Belarus’ farm exports
"In January-June 2020 export of milk and dairy products amounted to $1.179 billion. In physical terms, exports increased by 5.8%: cheese and cottage cheese by 10.1%, dry whole milk by 1.3%, milk and condensed cream by 30.2%, dry milk whey by 24.3%"...

Delegations from 10 countries attend Mozyr Economic Forum
The forum brought together diplomats from Armenia, Azerbaijan, Bulgaria, Iran, Lithuania, Pakistan, Palestine, Russia, Sudan, and Uzbekistan. Mozyr also welcomed representatives of other Belarusian regions...