Business news

Belarusian steel mill BMZ signs major deals at business forum in Turkey
Turkey is a traditional market for the Belarusian company. The exports to Turkey include metal cord, wire for high-pressure hoses, steel wire, seamless pipes, and cast sections...

Belarusian exposition on display at FoodExpo in Kyrgyzstan
Belarus is represented at the exhibition by such companies as Spartak, Pinsk Meat Packing Plant, Postavy dairy, Mozhelit and Belorusneft-Osobino...

Belarus’ Milavitsa lingerie brand to expand into UK, Greece
The company sells its products through a network of 642 stores in 25 countries of the world, including the European Union. In 2017-2018 the company opened another ten retail outlets, including in Italy, Romania, the Republic of Korea and Cyprus...

Belarus, France eager to share nuclear energy industry best practices
“We are considering the possibility of sharing the experience and exchange programs for specialists,” the MP said. He specified he was talking about a safety system...

France keen to cooperate with Belarus in latest technologies
The French MPs also proposed to discuss the interaction in latest technologies. As an example, Charles Guene cited artificial intelligence, digital technology...

Францыя зацікаўлена супрацоўнічаць з Беларуссю ў сферы найноўшых тэхналогій
Французскія парламентарыі прапанавалі таксама абмеркаваць узаемадзеянне ў сферы найноўшых тэхналогій. У якасці прыкладу Шарль Генэ прывёў стварэнне штучнага інтэлекту, лічбавыя тэхналогіі...

Belarus concludes $325m worth of contracts with Turkey at business forum
One of the goals of the current business forum is to expand the lineup of products exported to Turkey...

Belarus to borrow €260m from European Investment Bank in 2019
The parties also reviewed progress in drafting new infrastructure projects in energy, housing and utilities, and transport. This year Belarus and the European Investment Bank are to sign loan agreements worth about €260 million to finance the abovementioned projects...

Belarusian tractor assembly enterprise in Turkey expected to start working in July
“This year we intend to make 100 tractors and 200 ones the next one. We intend to increase the output up to 2,000 later on. The enterprise will be capable of assembling up to 3,000 tractors per annum. We just need the personnel for it”...

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)...