Business news

Azerbaijan’s SOCAR to deliver 250,000t of oil to Belarus in March
"We have left our comfort zone. We are working with alternative oil suppliers; our diversification efforts will continue. The oil that was supposed to be delivered by pipelines has been offered by oil traders"...

Prospects of Belarusian business in India discussed at investment forum in New Delhi
The sides mentioned the availability of a substantial potential for implementing joint projects in the sphere of manufacturing cooperation, further increase in mutual trade, including via implementing investment projects in Belarus with assistance of the Indian private sector...

First UK-assembled Belarusian electric bus to go into service in Nottingham
"If the project is as successful as we assume it to be, we will start negotiations with major UK bus operators on selling them this electric bus"...

Belarus to float eurobonds during 2020 depending on market situation
"Roadshows in the USA and London have taken place. The deal will go ahead during 2020 depending on market conditions just like the Finance Ministry stated on 27 February"...

Belorusneft to expand electric car charging stations chain up to over 600 stations by 2021
Belorusneft has installed charging stations at refueling stations on the country’s top motorways and in parking lots near major commercial, sport, and cultural facilities...

Specialists ready to help organize oil import from Baltic ports to Belarus by pipeline
It will be necessary to determine an optimal way to resume the operation of the pipeline system that will allow delivering oil from Baltic ports to Belarus...

Belarusian state investment agency joins World Association of Investment Promotion Agencies
The WAIPA membership will allow the NAIP to increase trust of foreign companies, improve the country’s investment climate...

Every district of Belarus encouraged to leverage its own competitive advantages
"Our job is to leverage these advantages as an engine to secure growth. They should be used to work out business models for the development of the territories"...

UK shows interest in cooperation with Belarus’ business community
"We are particularly interested in the growing IT-sector of Belarus. Another area of interest for us is cooperation on the supply of electric buses"...

Belarusian petrochemical companies sign over €2m worth of contracts, agreements in Turkey
In particular, SvetlogorskKhimvolokno Company signed specifications for contracts on shipping products worth €500,000...

Belarus seeks closer cooperation with Latvia in transport, logistics
"The priority tasks are to increase trade and boost transport services and freight traffic through Belarusian railway and air routes"...

Belarus plans to implement smart city concept in ten cities in 2020
"The government set the task to start targeted digitalization, because it is impossible to do it throughout the country at one stroke"...

No agreements between Belarus, major Russian oil suppliers yet
"We don’t try to deprive anyone of opportunities for working with the Republic of Belarus. We still stay in touch and continue negotiating with large companies. But no agreements we count on have been reached so far"...

Belarusian automaker MAZ rolls out heavy-duty garbage truck
The MAZ-590425 boasts better maneuverability and a higher carrying capacity in comparison with similar trucks. It can pick up, compress, and deliver about 8.3 tonnes of garbage to the dump site in one trip...

Belarus, Kazakhstan to sign contracts worth $200m
"From the statistical point of view, this is quite a figure, because Belarus-Kazakhstan trade amounted to $763 million last year"...

Kazakhstan ready to sell oil to Belarus, wants export duty paid
“Our country uses a customs duty for oil export. It stands at $60 per tonne of crude oil and about $30 [per tonne of] the refined product”...

Belneftekhim expects first tanker with Russian oil from traders to reach Klaipeda in early March
“We expect the first tanker to be in the Klaipeda port in early March. The second tanker is also supposed to arrive this month”...

Azerbaijani SOCAR to dispatch tanker with oil for Belarus from Turkish port on 5-6 March
According to the source, the company will ship a tanker with about 85,000 tonnes of oil for Belarus from Ceyhan on 5-6 March...

Moody’s confirms Belarus’ credit rating at B3
Moody’s assigns credit ratings, performs all kinds of research and analyzes risks...

Ability of Belarusian nuclear power plant personnel to handle nuclear fuel checked
Specialists of the Belarusian nuclear power plant moved the imitators from an open fuel transfer installation to the fresh nuclear fuel storage facility...