Business news

WB, Belarus sign agreement on additional funds for forestry sector
“Climatic changes take place regularly. Everyone can see it. This means that trees have to adapt to the changing climate, too. Forest seed centers being built under our project will grow planting stock that is better adapted to modern conditions”...

Belarusian tractors are popular with Czech farmers
“Belarusian tractors, towed vehicles were very popular with the visitors. During the expo several contracts were concluded to supply Belarusian farm equipment to Czech farmers”...

Belkommunmash may set up joint venture in Hungary’s Budapest
According to Alexander Krepak, trial operation of Belkommunmash electric buses in Minsk and some Russian cities is good advertising for the company’s products. The introduction of eco-friendly public transport gets positive feedback...

Minsk wants to see more Belarusian products on sale in Budapest
In this regard, one of the main goals is to increase the presence of Belarusian producers in Budapest’s retail chains...

Seven countries discuss China-Europe freight rail services in Minsk
The meeting will focus on container transportation technology on China-Europe route and infrastructure development, ways to increase the speed of container trains, expand the geography of routes...

Credit line for BelNPP construction opened until 2035
“Over the past few years, $10 billion has been invested in the Belarusian energy system. Thanks to this, we have developed the most efficient energy sector in the post-Soviet space and provide timely payments on the loans raised for the work”...

BelAZ to ramp up exports to Ukraine by 16%
Today there around 2,000 BelAZ vehicles operated in Ukraine (some 85% of all quarry machinery)...

Gomselmash to boost exports to Ukraine by 50%
Gomselmash views the Ukrainian market as a priority, Dmitry Mulyar underlined. "Last year, we sold there around 100 combine harvesters. In 2018 we plan to boost the exports by 50% and supply 150 vehicles"...

Belarusian fabrics manufacturer Orsha Linen Mill to open proprietary store in Kiev
"Ukrainian customers are interested in flax. People want quality products albeit at a higher price. We intend to raise the share of ready-made products in the total volume of export to Ukraine up to 30%"....

Inflation in Belarus at 0.8% in March 2018
In March 2018 the base index of consumer prices, which does not account for changes in prices for individual goods and services susceptible to administrative and seasonal factors, stood at 100.5% in comparison with February 2018 and 101.4% in comparison with December 2017...

First startup complex of Belarusian truck factory in Vietnam in commission by late May
According to Vladimir Semashko, the first stage of the factory will focus on making trucks. The second stage will make utility vehicles (concrete mixers, loaders, cranes, and other kinds)...

Belarus, Ukraine mull joint truck crane production
"It will produce truck crane equipment, and also construction and road vehicles," the deputy minister said...

Belarus’ exposition at China International Import Expo to cover 500 square meters
The Belarusian participation at China International Import Expo is highly promising from the point of view of promotion of Belarusian goods to the markets of China and other countries...

Belarus’ industrial output up by 10.3% in January-February 2018
"Thanks to this, Belarus’ GDP beat the growth forecast of 5.6% for the two months," Vladimir Semashko added...

Belarusian Railways, DHL Global Forwarding sign memorandum of understanding
The parties considered cargo transportation in container trains along the China-Europe-China route...

Belarus, Ukraine set to reach $5.5-6bn in trade in 2018
Speaking about the ways to boost mutual trade, Igor Sokol said that first of all these are supplies of products of mechanical engineering, petrochemistry, light industry, and food to Ukraine...

Lukashenko: Private property is always more efficient than collective ownership
"We are not euphoric about private property. You want state-controlled property to fall into private hands overnight? These are systemic changes. But they have never written specifically what these systemic changes are"...

CIS standardization bodies to discuss mutual trade development
The agenda includes more than 20 issues in the field of standardization aimed at improving the quality and competitiveness of products and services, promoting mutual trade and cooperation in the technical and economic sectors...

Made in Belarus expo opens in Ukraine’s Kiev
The exhibition in Kiev will also include business program with presentations of Belarusian enterprises. The key event of the business program will be the conference "Ukraine-Belarus: prospects for cooperation" on 10 April...

Belavia to offer flights to Munich, Madrid as from 2019
"We intend to offer new regular service to Rostov-on-Don and Kazan this year. As far as the next year is concerned, we are considering offering flights to Munich, Madrid, and Voronezh"...