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Business news

28 Nov 2019
Belarus encouraged to take structural measures to reduce low GDP growth period Belarus encouraged to take structural measures to reduce low GDP growth period
The period of low growth Belarus risks entering can be reduced by implementing measures of structural nature in 2020-2021. We’ve repeatedly mentioned it – the restructuring of the state sector, which will require stronger social security. It is also necessary to increase the effectiveness of the financial system”...
27 Nov 2019
Opinion: IT comes up with many traditional sectors in influence on economy Opinion: IT comes up with many traditional sectors in influence on economy
According to Dmitry Krutoi, this sector has been the main driver behind the economic growth for the past seven years. Today IT services account for 6.5% of the country's GDP...
26 Nov 2019
Interest in Belarusian-Swiss projects in IT, banking, pharmaceutics noted Interest in Belarusian-Swiss projects in IT, banking, pharmaceutics noted
The meeting in Minsk gathered representatives of 30 Swiss companies. Belarus was represented by about 90 companies and organizations...
26 Nov 2019
Swiss companies interested in advances in AI in Belarus’ Hi-Tech Park Swiss companies interested in advances in AI in Belarus’ Hi-Tech Park
At present the Hi-Tech Park is home to 684 companies that employ over 55,000 people. The park has welcomed 247 new companies since the beginning of the year...
26 Nov 2019
Great Stone new resident to produce electric passenger vehicles in Belarus Great Stone new resident to produce electric passenger vehicles in Belarus
Head of the Industrial Park Administration Aleksandr Yaroshenko noted that this is the third company from Switzerland that has registered as a resident company...
25 Nov 2019
Belarus offers e-bus assembly project to Kaliningrad Oblast Belarus offers e-bus assembly project to Kaliningrad Oblast
Prior to the meeting with the Belarusian head of state, the delegation of Kaliningrad Oblast toured Belkommunmash. The delegation members saw the company’s assembly shops and tested the electric buses...
22 Nov 2019
Belarus eager to float eurobonds worth over $1bn in 2020 Belarus eager to float eurobonds worth over $1bn in 2020
Sergei Rumas said: “As for 2020, we have plans for floating eurobonds. We are likely to do it in London. It is difficult to talk about a specific figure now but the sum will definitely be larger than $1 billion”...
22 Nov 2019
Belarus seeks to raise up to €500m in EBRD investment annually Belarus seeks to raise up to €500m in EBRD investment annually
Belarus seeks to increase the annual inflow of investment from the European Bank for Reconstruction and Development (EBRD) up to €500 million, Belarusian Premier Sergei Rumas said as he met with EBRD President Suma Chakrabarti on 21 November...
22 Nov 2019
Belarusian e-buses to be assembled in UK Belarusian e-buses to be assembled in UK
The UK has ambitious goals to convert to environmentally friendly transport - from creating Zero Emissions zones in cities to the full ban on sales of cars running on gas-engine fuel by 2040, Sergei Rumas said as he met with Martin Wheeler, Managing Director of CAD CAM Automotive...
21 Nov 2019
Emaar Properties to go into hotel business in Belarus Emaar Properties to go into hotel business in Belarus
Emaar Properties executives met with Belarus President Aleksandr Lukashenko on 21 November. After the meeting Aleksandr Turchin told reporters that the parties discussed a series of potential investment projects...
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