Business news

Estonians interested in Belarus’ industrial tourism
“Estonians who come to Belarus are first of all interested in industrial tourism. We visit such plants as Neman Glassworks, Belarusian tractor maker MTZ, BelAZ. I should mention that every year more and more Estonians visit Belarus”...

Second runway at Minsk Airport to double passenger traffic
“In the last three or four years, the passenger traffic of the airport has risen by actually 2.8 times and is close to five million passengers a year. Such dynamics allows me to believe that we should aim for ten million passengers a year”...

Lithuanian proposal to repurpose Belarusian nuclear power plant ‘ill-advised’
"From the technical point of view it cannot be implemented because we would have to redo virtually everything, destroy what has been done, and reject the equipment that has been delivered"...

Belarus’ Gomel Oblast, India to cooperate in pharmaceuticals, food industry
The parties also discussed the possibility of allocating unused property in Gomel Oblast to Indian companies, including for coproduction with the third-country market in mind...

Potential in place for Belarus to double electricity export
"It can be even higher than that under certain conditions. The potential will grow even larger once the nuclear power plant is commissioned"...

Transport Ministry, EBRD team up to reconstruct 11 bridges in Belarus
“We intend to reconstruct existing bridges. It is a comprehensive project we intend to implement together with the European Bank for Reconstruction and Development,” the official said...

UK retailer shows interest in cooperation with Belarusian producers
Kingfisher plc is a big European DIY retailer with about 1,300 stores across Europe. More than 30 Belarusian companies have showed interest in establishing cooperation with the foreign trading network...

New head of Belarusian Gomselmash told to greatly improve product quality
It is necessary to straighten out the Belarusian agricultural machinery company Gomselmash and considerably improve the quality of the products it makes...

Belarus Development Bank allocates Br30m on social projects in 2018
“Last year, a total of Br200 million were allocated to the program to support small and medium-sized businesses. Of them about Br30 million, or 15%, were allocated to sub-programs to support social and women's entrepreneurship, and small business in the rural areas”...

Belarus, Sweden to cooperate in industrial waste management
Andrei Khudyk emphasized the interest in exploring the possibilities and prospects for implementing projects on the use and recycling of industrial waste generated by enterprises in Belarus...

Belarusian, South Korean forensic experts agree on cooperation in high technology
According to Chairman of the State Forensic Examination Committee of Belarus Andrei Shved, the Republic of Korea is the undisputed leader in a number of forensic expertise areas...

Belarusian companies sign 13 contracts after national expo in Georgia
The total sum of the contracts was not specified, yet Vladimir Ulakhovich believes the national expo was a success...

Belarus’ central bank eager to reduce inflation to 4% after 2020
The official said: “The current five-year program aims to reduce inflation to at least 5% as of late 2020. In the future it may be a good idea to think about the possibility of reducing it to 4%”...

Belarus, World Bank talk about updating structural reforms roadmap
The sides discussed matters concerning the actualization of the roadmap of structural reforms in Belarus...

China's Xian hosts Belarus-China cooperation forum
The forum featured the presentation of the country’s economic and investment potential and also the China-Belarus industrial park Great Stone. China presented its ecological zone Chanba...

WITSA eager to open regional office in Belarus
“I know about certain initiatives on your part. I think opening a regional office of the organization in Belarus will send a good positive signal, including to the global community, which sees our accomplishments in IT sphere”...

SME investment fund to be set up at Great Stone
“The decision was taken during the meetings to set up an investment fund to support small and medium-sized business and venture projects implemented both in the park and across Belarus,” said Kirill Koroteyev...

Belarus’ exposition on show at Agrofood expo in Nigeria
The Belarusian exposition features more than 20 companies and organizations representing agricultural engineering, agricultural research, food products and food ingredients...

Products by Belarusian Gomselmash on display at Agrosalon 2019 in Slovakia
During the opening ceremony Ambassador Extraordinary and Plenipotentiary of Belarus to Slovakia Igor Leshchenya informed those present about the country’s economic and industrial potential...

Plans to present Belarus’ economic, investment potential at forum in China
Belarusian Deputy Economy Minister Yelena Perminova intends to take part in a forum of business cooperation of China, Belarus, and the China-Belarus industrial park Great Stone on 27 March...