Business news

Belarusian agriculture turning towards green technologies
Alexander Lukashenko mentioned as an example: “We are going to turn agriculture towards green technologies more and more because organic potato is the most expensive kind of potato”...

Belarus, Switzerland discuss cooperation in finance
When discussing the prospects for digital transformation of the global and national economies, the parties exchanged views on topical issues of legal regulation of companies offering financial services on digital platforms (fintech companies)...

Belarus’ electricity export up by seven times in 2018
The official said: “In 2018 over 1 billion kWh was exported, more than seven times up from 2017. We have to do as well in 2019. The Baltic states remain the priority market”...

Belarusian car maker BelGee eager to double domestic sales
“Deliveries to Russia continue. Last year the share of sales in Russia totaled 65%, with the rest sold in Belarus. We expect roughly the same figure this year although we would like to double sales on the Belarusian market. Anyway, our marketing projections mention it”...

Germany to extend Manager Training Program for Belarus
Peter Dettmar highlighted the importance of the program for improving intercultural competence, increasing the ability to better understand foreign partners. Another important goal of the program is to help Belarusian managers understand the importance of marketing...

Belavia to launch regular flights to Tallinn
"The launch of the direct flights between Minsk and Tallinn will give a boost to tourism and facilitate economic growth of both cities. We have done our best to make this flight convenient for transit passengers traveling via Minsk"...

Teslasuit from Belarusian Hi-Tech Park honored with European Future Unicorn Award
The award celebrates small and medium enterprises from across Europe that have the potential to become the future European tech giants. The winners were announced at Master of Digital 2019 conference in Brussels...

Belarus, China in negotiations on making electric cars together
“We are conducting negotiations with Chinese partners on electric vehicles. The negotiations are not finished yet. The car assembly plant BelGee can do welding, assembly, paint work. All of it allows us to realize the automobile engineering potential in the future”...

Belarus, Vietnam mull over MAZ buses assembly project
Several low-floor MAZ buses have been trialled in Hanoi and received positive reviews from drivers and passengers. The parties intend to develop a program of further action to start assembling these buses in Hanoi...

Belarusian digital government procurement system presented in London
The modernization of the government procurement system was discussed from the point of view of Belarus’ efforts to join the WTO and work to develop digital government in the country...

Belarus to increase machinery supplies to Pakistan
The parties agreed to increase the supplies of Belarusian machinery, especially, agricultural one, to the provinces of Pakistan. Representatives of the two states confirmed the interest in developing cooperation ties between Belarus and Pakistan...

Swedish employment service wants to cooperate with all Belarus’ regions
According to Per Lindberg there are five areas of activity within the framework of the joint project. The biggest success was achieved in the forecast and trends in the labor market. Taking part in the project are three Belarusian regions: the city of Minsk, Vitebsk Oblast and Grodno Oblast...

Belarus’ merchandise export up by 15.3% to $33.7bn in 2018
Vladimir Makei welcomed positive trends in trade: in money terms the growth made up $4.5 billion. Almost 60% of the growth was generated by products not related to crude oil, petroleum products and fertilizers...

Brest airport to launch charter flights to five countries in 2019
"Flights to Egypt will be available throughout the summer. Actually, airlines will fly there all the year round provided this destination remains in demand. This year we will explore a new destination – Tunisia"...

IT share in Belarus’ GDP expected to reach 10% by 2023
According to the source, considering that the IT sector gained nearly four percentage points over the course of seven years, it is feasible for the share of the IT sector in Belarus’ GDP to reach 10% but some time in 2022-2023...

Stadler plans to produce converters for trams, trains in Belarus
Peter Spuhler informed Alexander Turchin about the plans to set up the production of converters for trams and trains in Belarus. Stadler Minsk plans to promote this product to the markets of the Western Europe countries...

Turkey shares best practices in international construction services with Belarus
“The experience of Turkish companies is useful for the Belarusian construction industry. The program of the workshop includes the achievements of the Turkish contracting sector in global construction, search for projects, attraction of financial resources, insurance and risk management”...

European Union to continue supporting Belarus’ work on international capital markets
After a pause Belarus and the European Union are fixing the relations and moving towards the level of cooperation that neighbors are supposed to enjoy, the finance minister noted...

Mogotex fabrics among Heimtextil 2019 trends
All in all, 21 samples of Mogotex fabrics were selected by a team of design and trend experts who analyzed the latest tendencies and prepared trend themes that were shown at the fair...

Brest eager to welcome over 50,000 visa-free tourists in 2019
On the whole, in 2018 Brest earned $3.5 million by selling tourism services or twice as much as in 2017...