Business news

Golovchenko: Belarus-Kazakhstan trade can reach $1bn
In his words, Belarus is determined to expand bilateral trade on equal conditions and is interested in joint projects...

Belarus buys second batch of U.S. oil
The cargo is expected to arrive in Klaipeda on 6-8 August. "This is the second tanker this year as part of the Belarusian-U.S. cooperation to diversify oil supplies for Belarus"...

Belarus’ Ecology Expo postponed to June 2021
The exhibition was slated to take place in Minsk on 27-29 August this year...

Another tanker with Azerbaijani oil for Belarus is to reach Odessa in August
This year SOCAR has sent five tankers with about 420,000 tonnes of oil to Belneftekhim through the Port of Odessa and the Odessa-Brody pipeline. The oil was meant for Mozyr Oil Refinery...

Belarus, Joint Institute for Nuclear Research in Dubna agreed on $400,000 contracts
The bulk of the contracts and research work carried out by Belarusian organizations is implemented under the flagship international mega-science project NICA which aims to study hot and dense strongly interacting QCD matter and to search for possible manifestation of signs of the mixed phase and critical endpoint in heavy ion collisions...

Growth points for Vitebsk Oblast industrial sector outlined
"It is clear that without new growth points it is impossible to solve economic problems today. Among the promising areas are the further development of the petrochemical and light industries, the production of composite materials"...

Lukashenko against privatization of Naftan due to its strategic importance
"We have been consistently upgrading this enterprise to reach the highest level of oil refining"...

Lukashenko calls export Belarus' priority
"Export brings foreign currency, which is vital for the country. This foreign currency should be earned"...

Lukashenko: People’s income will be growing
"This is a very good figure. This is an international standard. So this is good progress. Real incomes of the population have grown almost seven times, salaries and pensions - nine times"...

Prime ministers of Belarus, Russia discuss access to markets without exemptions, restrictions
According to Roman Golovchenko, a number of items of interest for the Belarusian side were on agenda of the talks...

Canadian investor to set up enterprise in FEZ Vitebsk to make match sticks
The output will be exported. Priority target markets include African countries as well as South America and India...

Belarusian Belkommunmash delivers batch of articulated trolleybuses to St Petersburg
The city’s electric transport system operating company GUP Gorelektrotrans acquired a batch of 20 Belarusian trolleybuses on leasing terms. Belkommunmash won the tender together with OOO Promagroleasing-Center and OOO Belrus (the official dealership of Belkommunmash in Russia)...

Belarus-Iran trade in agricultural products, food 22.5% up in January-May
Participants of the meeting discussed ways to increase Belarus-Iran trade and economic cooperation in the sphere of agriculture and food, including ways to ship Belarusian dairy and meat products to Iran and Iranian fruits, fish, and sea food to Belarus...

Belarusian woodworking company Borwood starts shipping products to Mexico, Ireland
The holding company Borwood unites nine woodworking enterprises, a forest harvesting enterprise, and a dedicated sales operator (Belarusian Forest Company)...

Armenian investments in Belarusian economy nearly 2.5 times up in Q1 2020
Joint projects in the sphere of production sector and manufacturing cooperation, investment, small and medium business, agriculture, transport and infrastructure, high technologies, innovations, digitization, and environmental protection can become successful avenues of cooperation...

Lukashenko urges to fix local roads in 2021-2025
"We cannot live without roads. They affect people’s mood, the economy, transit where we want to make money"...

Belarusians urged to give preference to domestic goods
Fast and effective warranty service is a significant advantage of domestic appliances, Aleksandr Lukashenko noted. This applies to household appliances and also to more sophisticated equipment such as farm machines, cars...

71 new resident companies added to Belarus’ Hi-Tech Park
The new resident companies specialize in healthcare, logistics, financial technologies, digital commerce, consulting, gaming, and software development for agribusiness...

ZAO Atlant's performance amid pandemic hailed as example for other enterprises
"There are positive movements in any crisis situation, and we must use them"...

More BelAZ trucks shipped to non-CIS states in H1 2020
According to the source, in H1 2020 BelAZ diversified export shipments by increasing the share of non-CIS states in the total volume of shipments to 39.9% (31.8 percentage points up from H1 2019)...