Business news

First train with U.S. oil off from Klaipeda to Belarus
"We plan to deliver the entire volume to Belarus in 10 days, and intend to use about 22-23 trains. Every day we will send 120 oil cars, or about 7,000 tonnes of oil"...

New resident of China-Belarus industrial park Great Stone to make health monitoring gadgets
A modern enterprise will be set up in the industrial park to make electronic devices (blood glucose meters, cardiogadgets, pulmogadgets and so on) and the test strips that blood glucose meters need to take measurements...

Batch of Belarusian firefighting vehicles shipped to Mongolia
The contract provides for the delivery of over 70 special vehicles – firefighting tank trucks, ladder trucks, vehicles for foam firefighting...

Cluster, socially significant initiatives in Belarus to get support under EU/UNDP project
Some $1.44 million will be allocated to support the best cluster initiatives. The budget for enterprises aimed at solving socially important problems will amount to $1.8 million...

Tanker with U.S. oil for Belarus arrives at Klaipeda port
"This is the 12th tanker delivery from alternative suppliers this year. The total tanker supplies have already exceeded 1 million tonnes"...

Belarus, Hungary hope to boost bilateral trade to €500m
The sides remarked that the current trade turnover worth about $255 million is below the potential of Belarus and Hungary...

Belarus expects tanker with U.S. oil to arrive in Klaipeda on 5 June
“The tanker left the port of Beaumont [Texas] on 16 May. 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...

Belarusian Gomselmash, British Perkins working on innovative harvester
The two companies intend to equip the high-performance harvester Palesse GS16 with an engine compliant with the Stage V environmental standard of the European Union...

Belarus, Hungary to cooperate in poultry farming
Thanks to this project, from this year Belarus will not almost have to import breeding flocks of laying hens...

Belarusian biotech corporation expected to earn $1bn within years
According to the source, the first stage of feed compound production will be launched soon. The second stage of amino acid production will be launched next year roughly eight months ahead of the projections...

Over 250 companies from 13 countries featured at online Spring in Gomel exhibition
The company's online platform features 11 different industries (food, engineering, woodworking, metalworking, construction, engineering, chemical and petrochemical products, light industry, banking, legal and insurance services, etc.)...

Belarus eager to get some 1.1m tonnes of oil from Russia in June
As for alternative deliveries, Belneftekhim expects a tanker carrying American oil to arrive in Klaipeda by 5 June on schedule...

Belarusian construction materials manufacturer Keramin taps into Swedish market
Thus, in January-April of this year, the export of ceramic tiles to Azerbaijan, Armenia, Kazakhstan, Moldova and Estonia have grown. All in all, OAO keramin shipped $11.4 million worth of tiles in January-April...

EBRD to expand local-currency lending to SMEs in Belarus
"Providing funding in local currency will limit the risks that borrowers face with regard to exchange rate"...

EDB starts trading on Belarusian Currency and Stock Exchange
"Trading on the stock market of the Belarusian Currency and Stock Exchange will help the Eurasian Development Bank to expand its presence on the financial market of the Republic of Belarus"...

Lukashenko speaks about financial support of enterprises
Aleksandr Lukashenko stressed that is it important for enterprises to continue working in the current situation to continue paying salaries to employees...

Belarus' external state debt at $16.6bn in January-April 2020
In January-April 2020, Belarus spent $567.3 million to repay the external state debt...

German investor to put over Br1m in concrete products manufacturing in Vitebsk
Initially, it is planned to create up to 20 jobs. The German partner is ready to train employees, provide procurement and installation of equipment, as well as supply specialized transport...

Belarusian BelAZ trialing RC trucks in Russia’s Republic of Khakassia
5G coverage is available in an area 1.5km long. The network covers the entire length of the route the unmanned vehicles use as part of the coal-mining operation...

Belarusian steel mill BMZ to sell products to Ukraine via BUCE
"In line with the agreement with the BMZ, only one commodity position, i.e. reinforcing bar A500C, will be exported at the initial stage, with the supply to the border of Belarus"...