Business news

7 Oct 2020

Belarusian tractor maker MTZ presents latest products at Moscow expo
There are six models on display as part of MTZ’s exposition. Their engine capacity varies from 9hp to 450hp. They are designed for the Russian market. Each has been upgraded to a degree. “We hear and take into account opinions of customers as we improve our models to meet their wishes,” MTZ Director General Vitaly Vovk said...

6 Oct 2020

Three new 136-tonne BelAZ trucks commissioned in Ukraine
These are the first trucks out of the five 136-tonne trucks delivered to Ukrainian partners as part of the investment program ArcelorMittal is implementing in Ukraine. Two more trucks are being assembled and will enter into service by the end of the year...

6 Oct 2020

Belarus’ GDP may grow by over 20% within five years
The economy minister said: “We see that economy may expand by more than 20% over the course of five years. We intend to increase export up to $50 billion in 2025 and raise over Br200 billion in investments within five years in order to create a modern infrastructure and develop manufacturing enterprises”...

6 Oct 2020

Belarus, Kazakhstan discuss upcoming meeting of joint trade, economic commission
The parties discussed a wide range of matters of the Belarusian-Kazakh cooperation and prospects for holding the next meeting of the Belarus-Kazakhstan intergovernmental commission on trade and economic cooperation...

6 Oct 2020

Bellesbumprom pulp, paper export almost 30% up in January-August
Thanks to efforts to upgrade the existing facilities and build new ones, the pulp and paper industry has been steadily developing, increasing output and export...

6 Oct 2020

Bellesbumprom’s recent accomplishments discussed
According to the source, the industry operates steadily. The financial and economic performance targets are mainly hit. There are complications with efforts to increase export. At the same time Bellesbumprom’s export to the European Union and China is fine. “We’ve also reached an optimal distribution between markets – 30-30-30. We are not dependent on one single market”...

6 Oct 2020

Lukashenko urges to develop wood production
He remarked that Belarusian enterprises have already learned to make the so-called semi-finished products – pulp and paper. “Let’s make, for example, cardboard to substitute imported cardboard from Poland, Germany. Let’s make it here instead of exporting pulp and buying finished cardboard,” the president stressed...

6 Oct 2020

Belarus to buy IFC shares worth nearly $11.4m
The document reads that the Belarusian government agrees on the proposal of the Finance Ministry regarding additional subscription to 11,392 shares of the International Finance Corporation worth $1,000 each to the total of $11.392 million...

5 Oct 2020

Belarusian Potash Company ships potash to China via Northern Sea Route
The delivery time was reduced by 1.5 times in comparison with traditional routes. Charter costs were reduced considerably as well...

5 Oct 2020

BelAZ to ship four more haul trucks to Russian gold mining company
Susumanzoloto Director General Aleksandr Chugunov noted that the new trucks demonstrate good performance in extremely low air temperatures. OOO Sever operates close to the northern hemisphere’s pole of cold. Susumanzoloto is convinced that the new trucks of the BelAZ-7555 series will increase labor productivity and reduce the cost of gold mining...

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