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Business news

21 Mar 2018
Belarus, RailLeasing to negotiate financial leasing in Kazakhstan
The resolution approved a draft agreement between the Belarusian government and RailLeasing to lease Belarusian-made goods in Kazakhstan as a basis for negotiations...
20 Mar 2018
Plans to set up car design bureau in Belarus in H1 2018
"So far we’ve built a modern factory but the car was developed by our colleagues. We intend to get competences, including in the area of design and development"...
20 Mar 2018
Plans to start making automobile seats, radiators in Belarus in Q2 2018
In his words, at present the Belarusian-Chinese car factory BelGee uses Belarus-made accumulators and tires to make cars. The production of gearboxes has been launched...
20 Mar 2018
Belarusian-Chinese car maker BelGee unveils short-term plans
“Geely Atlas NL4 is a simplified version of the NL3 model. Prices will be lower,” he noted. In his words, the company has already taken the first order to make a commercial batch of Geely Atlas NL4 cars in Q2 2018. “I think we will make it in June”...
20 Mar 2018
EBRD lends $10m to Belarusian MTBank for SME development
MTBank representatives noted that the two banks intend to offer maximum financial opportunities to the private sector in Belarus. The new loan agreement represents another important step in fruitful cooperation of the two banks...
20 Mar 2018
Belarus, UK discuss diversification of exports, investments
The UK is one of Belarus’ top five trading partners with the total trade turnover of $2.65 billion in 2017 (up 114.4%)...
19 Mar 2018
Belarus plans to ramp up furniture exports to EU
The customers are scheduled to come to Belarus soon to learn more about the samples of furniture and the manufacturing capacities of Belarusian companies. Business partners from Denmark, Germany, Hungary, and Poland are expected to visit the country...
19 Mar 2018
Bellesbumprom exports to Russia up by 34.6% in January-February 2018
According to Bellesbumprom Chairman Yuri Nazarov, Russia is a traditional market for the concern, accounting for more than 35% in the total volume of its exports...
19 Mar 2018
Tentative plans to open two Belarusian-Indian joint ventures by year end to make medications
“Three such enterprises have been established already. I hope that two of them will start making products by the end of this year and the new medications will appear in Belarusian pharmacies,” said the ambassador...
17 Mar 2018
Moody's upgrades Belarus' sovereign ratings
The outlook remains stable. The upgrade of Belarus' ratings to B3 was driven primarily by the country's strengthening external liquidity position and the narrowing of the current account deficit...
16 Mar 2018
Belarus’ GDP 5.6% up in January-February
In current prices Belarus’ GDP stood at Br17.2 billion or 105.6% in comparable prices as against January-February 2017...
16 Mar 2018
Belarus’ Development Bank to allocate over Br1.2bn to finance government programs
Some Br1,283.33 million will be allocated for these purposes...
16 Mar 2018
Belarus, France discuss investment projects, business cooperation
The Belarusian diplomat met with Jean-Baptiste Lemoyne, France’s Secretary of State at the Ministry of Europe and Foreign Affairs. The sides discussed bilateral and multilateral cooperation, prospects of Belarus-EU dialogue in the Eastern Partnership...
15 Mar 2018
Chinese billionaire plans to set up car rental system for public use in Belarus
The project is meant to form a car rental system for public use. All the major operations (car reservation, information support, including 24/7 hotline, payment for services, and others) will be performed via means of mobile communication using customized software...
15 Mar 2018
BelAZ plans to start exporting dump trucks to Mexico in 2018
"We have found a local partner, Mazon group of companies, together with Belaz North America which is in charge of the Northern American market. The registration of a local representative office in Mexico is nearing completion"...
14 Mar 2018
Russian food quality watchdog scraps plans to ban Belarusian dairy imports as from 15 March
BelTA reported earlier that Rosselkhoznadzor postponed the introduction of a ban on milk deliveries from Belarus to 15 March. Initially the Russian agency intended to ban imports from Belarus on 26 February...
14 Mar 2018
Minsk Kristall plans to advance to U.S. market
"At the moment we are selling to 23 countries, including to China, Vietnam, Kazakhstan, Georgia, Latin America, Europe, and many more. Vodka is mainly in demand, and we are looking for options to expand the geography of exports"...
14 Mar 2018
Minsk to host Central and Eastern Europe oil and gas markets conference on 9-11 April
The event will analyze the current state of the world market of oil, oil products and liquefied petroleum gas (LPG) and the trends on the markets of oil, oil products and liquefied petroleum gas in the Central European countries, Belarus, Ukraine, the Baltic states, and the European part of Russia...
14 Mar 2018
Belarusian balers successful in Egypt
"The Egyptian market is very promising for us. After the Belarusian head of state visited Egypt in January 2017, cooperation was invigorated across the board. We intend to expand our presence on this market and offer new kinds of machines to Egyptian farmers"...
14 Mar 2018
Belarusian Belkommunmash working to sell electric buses to Georgia
Experimental operation of the innovative transport is under consideration now. It will have to evaluate the performance of Belarusian electric buses in complicated terrain conditions. Further steps to develop the infrastructure will be assessed, too...
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