Business news

Belarusian investors to build pharmaceutical factory in Azerbaijan
According to the ambassador, the factory will make the most modern high-tech medicines. “First of all, the matter is about the production of anti-cancer drugs,” he noted...

Belavia announces new flight deals
Thus, on 27 December, the list of air deals expanded with flights to Astana, Almaty, Prague and Saint Petersburg. A one-way ticket will cost €10 plus taxes and charges. A return ticket will be €20 plus taxes and charges...

Belarus-Russia research projects in space, stem cells to be launched in 2019
The Union State MPs held “a government hour” to review progress in establishing and operating the common sci-tech space in the territory of the Union State...

Investments in China-Belarus industrial park estimated at $180m in 2018
It is projected that by 2020 the China-Belarus industrial park will have more than 100 resident companies with the investment capacity of not less than $2 billion, the output of not less than $1 billion and 6,500 new high-performance jobs...

Another two companies get registered at Great Stone park in Belarus
Thus, the total number of resident companies grew to 41, including 24 companies from China...

Belarus, Vietnam show interest in new joint ventures
Dmitry Krutoi and Pham Hai discussed issues of trade, economic and investment cooperation between the two countries, the need to implement the potential for boosting mutual trade and investment...

Business viewed as instrumental in promoting employment in Minsk
"Industrial enterprises in Minsk will be assimilating robotics technologies in the near future. The main task is that people have jobs, and we need to think about it today. Small and medium-sized businesses can prove instrumental in promoting employment"...

Lukashenko calls for reducing plastic packaging consumption
"The capacity of our only treatment facility will last for another three or four years. We need eco-friendly solutions that will change the situation radically. Otherwise, the Hero City of Minsk will soon be surrounded by dozens of waste mountains"...

Belarus’ losses in wake of Russian tax maneuver projected at $383m in 2019
“This is a big issue for the government and the relevant ministries. Negotiations with the Russian Federation continue,” said the deputy prime minister...

MFA welcomes growing interest of German companies in Belarus
For example, German companies are setting up an innovative facility of composite materials and medical products in the Great Stone park. Duisport Group, the owner and operator of the Port of Duisburg, has become a shareholder of the Industrial Park Development Company...

Plans to raise Belarus-Germany trade volume to $3bn in 2018
In his words, Belarus-Germany trade is getting more balanced. It is also important that the structure of Belarus’ export to Germany is sufficiently diversified: over 400 commodity items were exported in 2017-2018...

Belarus plans to increase food exports to China
“We have a significant increase in trade with China, including our exports. There are new export goods, including food products. Now we are working on adding new commodity items to the range of our food exports,” said Sergei Rakhmanov...

Sinotrans opens Eurasian HQ in China-Belarus industrial park
It was noted that a world-class logistics platform is being created as part of the Silk Road to enable transportation by rail, by sea, and by air...

Nigeria interested in cooperation with Belarus in automobile industry
Upon the initiative of the Belarusian side Ambassador Extraordinary and Plenipotentiary of Belarus to Nigeria Vyacheslav Bril met with top officials of the National Automotive Council of Nigeria...

Belarusian Amkodor opens new vehicle assembly line in Egypt
The test assembly of Amkodor loaders has been arranged in Abu Zaabal at an enterprise of the National Organization for Military Production in association with Egyptian Company for Agriculture and Rural Development...

Belarus to increase machinery supplies to Pakistan
As of today, Minsk Tractor Works (MTZ trademark) is Belarus’ major machinery exporter to Pakistan. MTZ has been operating on the Pakistani market for over 50 years already...

Plans to build R&D commercialization center in China-Belarus industrial park within one year
According to the source, the construction and development of the China-Belarus industrial park Great Stone proceeds dynamically. The construction of the center for cooperation in transforming R&D accomplishments will be the next step in implementing the joint project...

2019 budget bill surplus at Br1.7bn in Belarus
The MP informed that the budget revenues will make up Br23.7 billion, expenditures Br22 billion. Thus, the surplus is estimated at Br1.7 billion...

Belarus’ GDP up 3.2% in January-November
According to the first assessment, the country's GDP in money terms totaled Br111 billion, or 103.2% in comparable prices against January-November 2017...

Hungary interested in Belarusian nuclear power plant construction experience
The Hungarian specialists were made familiar with progress in building the Belarusian nuclear power plant with VVER-1200 reactors...