Business news

Belarus Hi-Tech Park to welcome over 100 new companies
There are many foreign R&D companies among them, like Playrix BY, an international developer of free-to-play mobile games headquartered in Dublin; Check Point Software Technologies, the world's leading cyber security provider from Israel...

Belarus’ Academy of Sciences presents bioprinter, GPS Cardio complex in Zhitomir
The Physiology Institute of the National Academy of Sciences of Belarus presented a new-generation 3D bioprinter and a software and hardware complex GPS Cardio during the high technology, robot technology, mechatronics, and startup expo held as part of the 2nd Forum of Regions of Belarus and Ukraine in Zhitomir...

Contracts worth over $400m signed by petrochemical companies at Belarus-Ukraine regional forum
Contracts for 3D seismic works with data processing and interpretation, and overhaul of oil and gas wells were signed by the subsidiary of Belorusneft in Ukraine, Service Oil, and Ukrgazdobycha...

Gomel Oblast companies sign contracts worth almost $80m at Forum of Regions in Zhitomir
The documents were signed at the 8th session of the Belarus-Ukraine advisory council on business cooperation. Gomel Chemical Plant concluded a memorandum of cooperation with Kernel Trade...

Plans to assemble Belarusian bicycles in Ukraine
"Motovelo has been cooperating with Ukrainian companies for more than 70 years. We have reliable partners in Kiev; this is a growing multi-business company"...

Belarus-Lithuania rapid freight train project under consideration
“Today we see positive dynamics of growing freight transportation with Belarus. The mixed-cargo train Viking remains one of the most competitive projects in our cooperation and demonstrates growth of 20%”...

Belarusian Amkodor to ship 14 vehicles to Ukraine in October
The company is now busy making 14 machines and vehicles for several Ukrainian clients. Those are about eight product titles for various customers. The orders came via Promagroleasing Company, Belarus’ national leasing operator, which acts as the financing organization of these orders...

Belarusian, Ukrainian large-scale equipment on display in Zhitomir
On display are 75 items of Ukrainian, Belarusian and joint equipment, including the latest models. Here one can see rock haulers, tractors, excavators, buses, trolleybuses, harvesters and many more. Belarus is represented at the exhibition by 15 producers, Ukraine – by ten...

Belarusian, Ukrainian business circles sign documents worth over $500m in Zhitomir
Vladimir Ulakhovich reminded that the 1st Forum of Regions of Belarus and Ukraine set a record of $140 million. In his words, agreements on shipping Belarusian products worth over $542 million were signed in Zhitomir...

Belarusian state-run retailer Belkoopsoyuz offers Ukraine new products
Belkoopsoyuz traditionally cooperates with Ukraine in various fields. The cooperation with Ukrainian partners has intensified in the last three years...

Ukrainian cities expected to buy over 100 Belarusian trolleybuses
“[The Belarusian automaker] MAZ and [the mechanical engineering company] Belkommunmash are taking an active part in international tenders on renewing the fleet of public transport vehicles in Ukraine. Large batches of buses have already been shipped to Zaporozhye and Nikolayev"...

Serious steps made in Belarus to liberalize business regulations
“In my opinion, the state takes serious steps to liberalize the operation of the private sector,” Aleksandr Turchin said. “Belarus president decree No.488 has been scrapped. A number of provisions of the Criminal Code were liberalized as of 1 July 2019”...

BelAZ to ship new batch of haul trucks to Ukraine
“In general, our positions in the Ukrainian market are good. We showed good results last year, having shipped 55 haul trucks worth $49 million"...

Dozens of large Belarusian vehicles on display at Forum of Regions in Ukrainian Zhitomir
The exhibition of outsized vehicles and machines has been organized by the Zhitomir Oblast administration and the Belarusian Chamber of Commerce and Industry...

Belarusian Bellegprom to export more to EU, more actively explore China
Moreover, one of the main goals of the Belarusian light industry for 2020 will be to expand into the Chinese market. According to Tatyana Lugina, the Chinese market has a large capacity, but it is quite difficult to secure a niche in it...

BelNPP fosters development of new technology in transport, construction
According to Viktor Karankevich, along with the BelNPP construction a large-scale project on reconstruction of existing and construction of new high-voltage power lines was implemented in the country...

First unit of Belarusian nuclear power plant nearly ready
"The construction of the nuclear power plant in Belarus proceeds in tight cooperation with the state corporation Rosatom, the leading vendor of nuclear technologies and the leading builder of nuclear power plants abroad"...

Belarus supplies frame-panel houses to Japan
The batch consists of two residential houses (90m2 and 60m2), and a 28m2 building of a café. The houses will be delivered by the end of October. Specialists of the Domostroenie branch will supervise the installation process...

Preliminary agreement on larger share of EAEU’s import customs duties for Belarus
“As a result of today’s discussions a preliminary agreement has been reached that our percentage will be raised by 0.3% to 4.86%. In money terms the Belarusian budget will get extra $40-50 million. We believe it is certainly a victory”...

Kazakhstan invited to buy shares in top Belarusian companies
"We have put forward a number of proposals concerning trade in sensitive products between our countries and have also invited Kazakhstan to buy shares in our largest enterprises which are among the top companies in the world"...