Business news

Belarus, China to discuss joint ventures to produce beef
"There are issues that need our involvement. They should be tackled at the level of China’s biggest agribusiness companies. We are set to discuss the establishment of joint ventures to produce beef on the territory of Belarus"...

Bellegprom companies boost capital investments by 20.8% in H1
Companies affiliated with the Belarusian state light industry concern Bellegprom increased capital investments to Br40.3 million in H1 2018, up by 20.8% compared with the same period last year...

Harvesting campaign in Belarus almost over
As of 23 August, Belarus harvested 1.94 million hectares planted to cereal and leguminous crops, which is 96.4% of the sown area...

Belarus studying China’s economic reform experience
The Belarusian representatives are also expected to visit the Shanghai Free Economic Zone to study China's best investment practices. The program of activities also includes the familiarization with China’s urban construction and architecture...

Belarusian free economic zones to grow larger
Additional sources of funding can now be used to create infrastructure in free economic zones in Belarus...

Belarus to buy advanced radar station Sopka from Russia
The Belarusian delegation sent to the international defense technology expo Army 2018 has signed the contract with the Russian concern Almaz-Antey...

New FEZ Minsk resident company to contribute to BelGee car assembly project
A new resident company – Borisov Heat Exchange Systems Factory YAXING BATE – has been registered in the free economic zone (FEZ) Minsk...

Belarus may join Romania’s energy infrastructure upgrading projects
During the meeting Andrei Grinkevich talked about the capacities of Belarusian companies in the export of energy equipment and materials, services in designing and operating power facilities...

Merchandise export by Belarusian petrochemical concern Belneftekhim soars in H1 2018
In H1 2018 Belneftekhim’s merchandise export growth rate reached 128.5% as against January-June 2017, with the growth rate of the export of services at 109.2%...

Belarus to be guest of honor at Vietnam International Trade Fair
The national exposition will showcase agricultural and utility vehicles, a broad assortment of chemical and petrochemical products, R&D solutions, new medicines, foodstuffs and beverages...

Belarusian BUCE, Russian association of feed producers partner up
BUCE and the Russian association intend to work together to advance Belarus-Russia trade and economic cooperation, in particular, the optimization and harmonization of the common market of forage, premixes, and feed supplements...

Good progress in building Belarusian nuclear power plant’s link to national power grid
The project provides for building over 1,000km of new overhead 330kV power lines and reconstructing nearly 700km of existing power lines...

Investment in furniture factory in Ivatsevichi to make up €20m
It is expected that the production will reach 8,500 sofas by 2020 and about 27,000 by 2027. The factory will occupy the area of ​​50,000 square meters and will employ about 1,200 specialists. Furniture will be exported to the European market...

World Bank to allocate $1.9m for population census in Belarus
“The document on a grant is pending signing. The grant of $1.9 million will be used develop the software product and purchase tablets”...

Dozen Belarusian companies to partake in Damascus International Fair
"According to preliminary estimates, more than ten Belarusian companies will take part in the expo. They will represent a broad range of industries, including mechanical engineering, chemical industry, agribusiness, food industry, pharmaceutics and production of healthcare equipment"...

Chinese company ready to invest in large-scale pig farming in Minsk Oblast
"We’ve had a fact-finding meeting with Chinese partners from Jiangxi Province. Their company is interested in building a pig farm able to accommodate 100,000 pigs"...

Plans to advance pig farming in Vitebsk Oblast to new heights within five years
“We will follow another path. We have to build several sow farms, reform the current industrial base and switch it to fattening. We will resolve a number of veterinary problems like that and will be able to double pork output”...

Data center in China-Belarus industrial park Great Stone to cater to financial companies
The data center is expected to handle financial data of China’s main stock exchanges as well as the stock market in Central and Eastern Europe...

Harvest campaign in Belarus almost complete
As of 17 August, Belarus harvested 1.851 million hectares planted to cereal and leguminous crops, which is 91% of the sown area...

Belarus-GDP 4.4% up in January-July
According to initial estimates, Belarus’ GDP totaled Br66.7 billion in current prices or 104.4% as against January-July 2017 in comparable prices...