Business news

Belarus, Albania to sign agreement on cooperation in tourism
According to Mikhail Portnoi, Albanian resorts have recently become very popular with Belarusians...

Belarus to increase pharmaceutical exports to Uzbekistan
"It is very important that we started setting up joint ventures, as this gives an opportunity to supply semi-finished products not only to Uzbekistan, but also to third countries, which means new markets for our companies"

Resident company of Belarus’ Hi-Tech Park wins prestigious international award for product design
"Our goal was to find a balance between comfort and aesthetics, ergonomics and possibilities of practical implementation. Some Teslasuit technologies existed before, but never in the form a smart clothing solution"...

Cement plant to get Pakistan’s first BelAZ truck from Belarus
The vehicle will be solemnly inaugurated on 26 March. This vehicle represents a technological contribution of Belarus to Pakistan’s industry, representatives of the Embassy of Belarus in Pakistan believe...

Belarus aims to harvest 8.5m tonnes of grain in 2019
“We are planning to harvest at least 8.5 million tonnes of grain, 700,000 tonnes of colza, 5 million tonnes of sugar beet, and 180,000 tonnes of flax straw,” Leonid Zayats said. He expressed hope that 2019 will yield more than the country got last year...

Another business center to be built in China-Belarus Industrial Park Great Stone
The business center will be located at Beijing Avenue in the industrial park. The new building will have a conference hall, a restaurant and a hotel. The project financing is estimated at 300 million yuan...

Belarusian State University to attend Agrofood expo in Nigeria
The BSU stand will feature food supplements, vitamin and mineral solutions for food products, veterinary medicines, agrochemicals, including a combined medication of the Volat series for nutrition of fruit and berry plants to promote to their growth and increase productivity...

Stadler Minsk may make metro trains for CIS
Philipp Brunner stressed that the business climate in Belarus is comfortable. "This is the movement in the right direction and we can feel it. There is also a potential to enhance the level. Every year we see new initiatives that make our work here easier"...

Belarus Development Bank finances 3,000 SME projects
“The loan portfolio has exceeded $400 million of the total lending the bank provided to its partner banks. An estimated 3,000 entrepreneurs have implemented their projects with the help of the Development Bank”...

Lukashenko speaks about foreign investment Belarus needs
"We need investment that will benefit our people and our state in the form of value added for profits, taxes, and further development of the company"...

Belarus’ government instructed to monitor price, salary issues
“Prices, jobs, salaries and pensions,” the president listed the issues that should be watched over...

Lukashenko: Cost-conscious waste treatment can make Belarus 50% richer
According to the head of state, the European Bank for Reconstruction and Development is ready to support Belarus’ efforts to promote waste processing. "It is ready to grant us many loans under a small interest rate for our roads, water, deferrization and waste processing"...

Lukashenko hails Baranovichi’s role in Belarus’ transport infrastructure
"Baranovichi is a special town. It is important to bear in mind that the town is located at the crossroads of all pathways, including our main road going from China to the west of Europe"...

Economy minister to head organizing committee for China-Belarus cooperation forum
The organizing committee for the China-Belarus forum on cooperation and regional development which is to be held as part of the Belt and Road initiative in 2019, has been approved by Belarus’ prime minister’s Decree...

Stadler to help promote Belarusian freight wagons in Western Europe
In his opinion, Belarus is a very attractive country for foreign investors. “I travel a lot all over the world, I see many people and always advertise Belarus as a production platform”...

Georgian premier visits Made in Belarus expo in Tbilisi
During the expo, the central part of the Expo Georgia center turned into a ‘Belarusian home’, with over 70 companies showing off their products...

Belarus, Georgia to set up tractor assembly plant
The press service noted that Mamuka Bakhtadze and Mikhail Rusy discussed the possibility of setting up a joint venture to produce elevators. The parties also reviewed the cooperation in transport, in particular, the development of a ferry connection and transit of Belarusian goods to Georgia through Ukraine...

Belarusian-Chinese car maker limits trade markup on spare parts
In February the car maker issued a directive to limit the trade markup on car parts to 35%...

BelGee to produce executive-class sedans
"We are working on new modifications of the car. This is an executive-class sedan which belongs to the new Geely Emgrand GT generation"...

Stadler rolls out four-car train for Minsk metro
The new rolling stock has been designed by Stadler Minsk. Train cars are painted in the colors of the coat of arms of Minsk. The concept is based on the principle of modularity that gives a possibility for the Minsk metro to have trains from four cars to eight cars...