Business news

Lithuania offers infrastructure for regular oil, gas deliveries to Belarus
"We should consider technical solutions, possibilities of natural gas deliveries. A great deal of work needs to be done"...

Germany interested in investing in HTP start-ups
“We are interested in Belarusian vehicles running on electricity. I think they will be in demand in Europe. But here you will have to overcome some barriers first, bring certain standards in line"...

Cardboard-making plant in Belarus’ Dobrush to be commissioned by year end
All the works will be completed mainly by Belarusian enterprises. The equipment will be launched by an Austrian company...

Lukashenko in Dobrush to discuss major investment project
The facility is to be commissioned in 2020 and is to reach its designed capacity in 2022...

Pompeo’s visit to Belarus’ Hi-Tech Park viewed as good sign for business
“We are really happy that during his visit to the Hi-Tech Park the U.S. secretary of state was pleasantly surprised by our Belarusian developments. It is a good sign for business”...

USA ready to meet all Belarus’ oil demand at competitive prices
"Our energy producers stand ready to deliver 100% of the oil you need at competitive prices. We are the biggest energy producer in the world and all you have to do is call us"...

Mozyr Oil Refinery ready to process oil from alternative sources
"We are working in an optimal technological mode. We make a full range of products that match international quality standards"...

Belarus invited to assemble electric buses in Catalonia
“Catalonia is the leader in the automobile industry and has various technologies that could help Belarusian enterprises get access to new markets”...

Tariff on transit of Russian oil via Belarus to rise by 6.6% as from 1 February
In line with the guidelines the tariff has been raised by the average annual consumer price index set by the Russian Federation social and economic development forecast for 2020 at 3.6% plus three percentage points...

BUCE hosts biggest-ever trading in plant protection agents
Twenty sellers and eight buyers took part in the trading. Such a big number of suppliers contributed to a reduction in the price by 10% during the trading session. A 15% decline in price was registered across several bids...

Belarus, Tatarstan to set up joint petrochemical laboratory
"The document provides for running joint science and technology projects, such as establishment of an international joint petrochemical research laboratory, sharing new best practices in petrochemical technology"...

Russia’s Leningrad Oblast shows interest in Belarus’ best farming practices
“We are interested in buying Belarusian agricultural machinery, especially tractors. Crop and livestock farming can become another area of cooperation"...

Catalonia interested in Belarusian electric buses
“We’ve visited Belkommunmash Company, which impressed us a lot with the quality of electric buses. Catalonia has an important strategic goal – to replace transport with environmentally friendly one due to high air pollution and emissions”...

Tariff on Russian oil transit via Belarus to rise by over 6% as from 1 February
This is why the part of the instruction that specifies the procedure for raising oil transit tariffs comes into force, the official noted. The tariff needs to be raised by the average annual inflation specified by Russian Federation projections plus three percentage points...

Construction of new terminal in Minsk National Airport to start in 2021
“The operating terminal can handle seven million passengers. If the number of passengers continues to grow at the current rate, we will reach the limit by 2022. This is why we intend to start building a new terminal in 2021”...

Belarus seeks to supply more wood products to Romania
Top on the agenda were also plans to increase the supplies of products made by the Belarusian forestry and woodworking industries, as well as Amkodor forest and logging machines to the Romanian market...

Reconstruction of M7 Minsk-Vilnius motorway to begin this summer
Work is supposed to begin in summer and is expected to end by 1 May 2021...

EU to help set up smart manufacturing demo centers in Belarus
At the end of the talks, the parties agreed on setting up such centers in the universities of Vitebsk Oblast, Gomel Oblast and Mogilev Oblast. The project might be launched in 2021...

China-Belarus industrial park, opportunities for investment in Belarus presented in Moscow
The country has created an effective system to support investors. Comprehensive work has been done to improve investment regulations. At present virtually entire Belarus represents an array of successfully operating different preferential regimes...

Belarus to raise oil export duties on 1 February
The export duty on crude oil will go up from $77.2 to $78.5 per tonne...