Business news

Germany’s Bautzen, Belarus’ MTZ to promote industrial tourism
The German delegation was taken on an excursion to the production facilities, the museum and the park of the factory. The parties discussed fulfillment of the cooperation agreement in tourism (industrial and medical tourism)...

Belarus to present new medium-range air defense missile system Buk-MB3K at MILEX 2019
The Buk-MB3K system can detect and intercept all types of maneuvering aerodynamic targets ranging from unmanned aerial vehicles to cruise missiles...

Turkish Ziraat Bank in talks to buy shares of Belarusian Bank Dabrabyt
According to the Belarusian side, the work of the bank with the Turkish capital in the country is an important systematic step. "This will enable us to switch to the national currencies in bilateral trade"...

Belarus, Turkey to set up expert group on trade
According to the diplomat, joint projects in the transportation industry could give a significant impetus to bilateral trade. Cooperation in the transportation sector is high on the bilateral agenda...

Tentative plans to assemble Belarusian snow blowers in Turkey
The ambassador mentioned manufacturing cooperation as an important avenue of cooperation. The construction of an enterprise to assemble Belarusian tractors in Turkey is nearly finished. There are prospects for Amkodor machines and vehicles, too...

Belarusian Belinvestbank to float green bonds
The main aspects of the program to transform Belinvestbank into Ecobank will be part of the next development strategy starting 2021...

EBRD eager to step up operation in Belarus
Belarusian Economy Minister Dmitry Krutoi mentioned the EBRD’s record high volumes of operations in 2018: they amounted to €360 million, more than 100% up from 2017...

Belarus, Kazakhstan to test Busel M drone in air in May
Yuri Yatsyna said that the R&D center’s products were represented during the international expo of unmanned systems and simulators UMEX/MST 2018 in Abu Dhabi...

More details about electricity tariffs after Belarusian nuclear power plant launch revealed
Agreements on the natural gas price will be a factor to affect the electricity tariffs...

Physical launch of first unit of Belarusian nuclear power plant scheduled for autumn
"We are on the way to the physical launch. We are making preparations, but we have yet to pass several stages. We are now testing units of equipment one by one. Hydraulic testing, circulating washing, cold and hot trials represent the next stage"...

Russia expected to recycle spent nuclear fuel of Belarusian nuclear power plant
Three scenarios for managing spent nuclear fuel were under consideration before. Two of them provide for getting the fuel processed in Russia (taking into account the lengthy storage of spent nuclear fuel in Russia or in Belarus with the resulting waste buried in Belarus)...

Belarus to increase lumber supplies to China
He held a presentation of Belarus’ forestry industry in the general consulate and on Shanghai’s leading platforms trading in lumber and wood products, in the ports of Taicang and Changzhou in Jiangsu Province...

Belarus, Turkey mull over new mutual flights
In his words, the parties operate five flights each on a weekly basis. “One more flight will be added in the near future. The further increase in flights will depend on the number of passengers,” said Andrei Savinykh...

Belarus president vows continued support for IT sector
“You wanted crypto currency, crypto exchange, crypto mining and the rest, you wanted to set up the farms… We will follow this road together,” the head of state added...

SK Hynix praises conditions for IT companies in Belarus
“Mr. President, thank you very much and big thanks to the Belarusian government for this great project, the Hi-Tech Park. In my opinion, it plays a key role in the development of the IT sector,” he added...

Great Stone Park displays its capacities in Germany
According to Kirill Koroteyev, the German business is already involved in the Great Stone project. Two companies with German capital have been registered as its residents...

Belarusian crypto currency exchange to become fully operational in Q2 2019
“We’ve seen very positive publications about our country in world mass media. They say Belarus has created the most up-to-date regulatory framework for digital assets”...

Lukashenko studies Belarus’ knowhow at Hi-Tech Park
The head of state was shown digital solutions for agriculture, healthcare, education, finance, transport, trade, environment, robotics, lasers, optics, and microelectronics...

Belarus-Turkey business forum due in Ankara on 16 April
The participants of the forum will be able to hold talks, discuss cooperation prospects in mechanical engineering, metalworking, petrochemistry, woodworking and furniture production, light industry, construction and production of building materials...

Belarus-Moldova joint venture to produce cognac in Brest Oblast
Taking part in the Brest 2019 forum was Ambassador Extraordinary and Plenipotentiary of Moldova to Belarus Victor Sorocean. He emphasized Moldova’s great interest in the project...