Business news

Belarus expects to harvest 7m tonnes of grain in 2018
“This year we expect to harvest about 7 million tonnes of grain including corn. We need 850,000 tonnes of grain for food purposes. The bulk, 5 million tonnes, is used as fodder supply”...

Belarusian companies viewed as potential suppliers of components for John Deere
As a result of the visit the John Deere Company experts praised the eagerness of the Belarusian companies to enter manufacturing cooperation partnerships and their readiness to improve business processes accordingly...

Belarus harvests over 3 million tonnes of grain
As of 3 August, Belarus harvested 1.078 million hectares planted to cereal and leguminous crops, which is 50.4% of the sown area...

Indian assistance to build pharmaceutical R&D center in Belarus
The R&D center is expected to manufacture medications using a complete cycle – from a scientific idea to manufacturing. It will be built with Indian assistance...

Belarusian Railways working to facilitate merchandise export to China
Belarusian Railways is also ready to organize the delivery of freight from the China-Belarus industrial park Great Stone to countries of the Eurasian Economic Union and the European Union...

Kazakhstan experts studying Belarus’ NPP construction practices
On 1 August, the delegation was told about the course of construction, personnel training at the BelNPP training center, information work at the company and public relations...

Presentation of Belarus-made electric bicycles scheduled for late August
Optron Company takes orders for making sets of motor wheel hubs for electric bicycles but Belarus-made electric bicycles are not available in retail yet...

Belarus, France to hold business forum in Minsk in autumn
Pavel Latushko and Nicolas de Lacoste discussed the approaches to holding regular meetings of Belarusian-French working groups in the field of tourism and environmental protection...

Belarus Forestry Ministry’s capital investment up 50% in H1 2018
Technical re-equipment remains the main area for attracting investment in the industry. Its share in the total volume of capital investment makes Br39 million (44%)...

Belarus discusses export of services in education, healthcare with Ghana
The focus was placed on the development of trade and investment cooperation...

Uzbekistan to explore Belarusian agriculture technologies
The head of Jizzakh region Ergash Saliev outlined three most promising, in his view, areas of interregional cooperation. “First of all, these are the projects in the livestock industry...

DBRB to represent Belarus’ interests in pan-African bank TDB
The safeguarding of Belarus’ interests in the capital of the Eastern and Southern African Trade and Development Bank will give Belarusian exporters an additional opportunity for penetrating African markets...

Belarus-Russia cement market trade turnover at $400m in 2014-2018
Cooperation between Belarusian and Russian cement industry companies was invigorated when a bilateral document was signed in 2014 to allowing selling Belarusian cement in Russia via Eurocement Group...

Belarusian health resorts report 13.2% increase in services revenue in H1 2018
Revenue from the sale of services to corporate and individual clients surged by 26.7% as against H1 2017 to total Br174.7 million...

Electric motorcycles, electric quadbikes in development in Belarus
"Now our products have to go through the testing and certification process. Batch production will begin after that and Belarusian individual electric transport will be available in retail"...

Silicon Saxony shows interest in Belarusian software
For his part, Sebastian Gemkow noted that Belarus has a reputation of an IT-country.“It would be a great idea to combine efforts and produce computer equipment in Silicon Saxony with software developed in Belarus”...

Belarus reduces export duties on oil, petroleum products
On 1 August 2018 Belarus reduced customs duties on oil and petroleum products, which are exported beyond the customs territory of the Eurasian Economic Union (EAEU)...

Chinese contractor hands over maintenance of Vitebsk hydropower plant to local electric company
According to the source, the Vitebsk hydropower plant is the country’s most powerful hydropower plant. It comprises four turbines with the total output of 40MW. Its designed annual output is supposed to satisfy needs of all consumers in Vitebsk District...

Plans to set up Belarusian-Uzbek light industry joint ventures discussed
The establishment of joint ventures in Uzbekistan was discussed. The sides talked over cooperation in leather and footwear industries, cooperation in delivering popular Belarusian products to Uzbekistan and in shipping Uzbek products to satisfy needs of Bellegprom enterprises...

Belarusian companies no longer required to sell forex proceeds
Once commercial entities no longer have to sell part of their foreign currency proceeds, the competitive ability of Belarusian exporters will be bolstered...