Business news

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...

Belarus to present cutting-edge military hardware at IDEX 2019 in UAE
Belarusian defense products at IDEX 2019 will include innovative solutions in the area of development and production of automated systems for commanding troops and controlling weapons on the tactical level...

Latvian business eyeing Belarus’ market
"This is, first of all, attributed to the investment policy pursued by Belarus. Belarus is among the leaders in creating favorable conditions for tech businesses. Apart from that, today our country can offer investors a truly safe and stable business environment"...

Belarus’ ambassador discusses export, joint ventures at Sochi forum
Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Vladimir Semashko is taking part in the Russian Investment Forum in Sochi. During the forum he has met with representatives of Russian regions to discuss Belarus’ exports and establishment of joint ventures...

Belarus’ exports to Latvia up by almost 40% in 2018
According to the head of the diplomatic mission, Belarus’ major exports to Latvia are timber products, petroleum, petrochemistry, and steel products, fertilizers, insulated wires and cables, construction materials and beverages...

Belarus named Latvia’s second largest parter in rail freight transport
"Last year, the volume of export goods amounted to 12.6 million tonnes while the total Belarus-Latvia freight traffic reached 30.1 million tonnes"...

Belarusian Mogotex to design special clothes for Zambian Air Force
"To the Zambian Air Force we’ve offered uniforms made of the best special materials: acid-resistant, water-proof, fire-resistant, antistatic fabrics. By exporting products to Zambia, we intend to promote and sell our products to neighboring countries: Kenya, Zimbabwe, South Africa, and other ones"...

Belarusian companies sign contracts worth $150m at national expos abroad in 2018
"About 100 contracts and agreements to the tune of about $150 million were concluded during such expos. Agreements and memoranda of cooperation worth around $50 million were signed. In other words, the aggregate effect of such events can be estimated at $200 million"...

Belarus’ national exposition to be held in Nigeria on 26-28 March
Nigeria may be interested in Belarusian vehicles, machines, equipment, vegetable growing technologies, food, and beverages...

Belarus’ NatiVita to produce lung cancer vaccine using Cuban solutions
NatiVita and Cuba’s Center of Molecular Immunology (CIM) have signed an agreement on the transfer of technology for full-cycle production and quality control of a vaccine to treat lung cancer CIMAvax-EGF...

Belarus’ new tech solutions shown to Tatarstan president at Kazan expo
Belarus’ exposition was visited by Tatarstan President Rustam Minnikhanov. The head of the region was shown new tractors, including Palesse combines...

Paris expects more tourists from Belarus
"There are two important factors which influence the flow of tourists: direct flights and visa application centers"...