Business news

Belgospischeprom mulls sugar supplies to China in 2018
“China produces less sugar than it consumes. The country imports millions of tonnes of sugar. This year we plan to enter the Chinese market with Belarusian sugar,” said Alexander Zabello...

Huawei, Belarusian State Academy of Communications to set up joint training center
Belarus attaches great attention to the training of specialists for the IT industry, which is evident in Belarus’ significant advances in the international arena in this field, Pan Yong said...

International road haulage between Belarus, China under consideration
The sides discussed the development of international transportation by road...

Belarus’ external debt down 1.8% to $16.4bn in Q1 2018
As of 1 April 2018, Belarus’ external debt totaled $16.4 billion, down by $304.7 million or 1.8% from the beginning of the year (taking into account differences in currency exchange rates)...

Air service connects Minsk and Russia’s Rostov-on-Don
“On 27 April the Belarusian national carrier Belavia commenced a scheduled flight from Minsk National Airport to Platov International Airport of Rostov-on-Don thus opening the air service between Minsk and the Russian city of Rostov-on-Don”...

Belarus, Algeria agree on joint production of haulers, lifts
The parties discussed the ways to expand industrial cooperation, set up companies in Algeria to produce the Belarusian freight, passenger, farming, road and construction vehicles...

Belarus president gives three criteria to analyze all milk processing plants
The president gave three criteria to analyze all milk processing plants: the salaries, the cost of raw materials, and their contribution to the budget. Inefficient companies must be closed or upgraded for the deep processing of milk...

New direct air service between Minsk, Russia's Kazan
“Belavia’s inaugural service between Minsk and Kazan took off from Minsk National Airport at 23:50 on 26 April”...

EBRD conducts green audit of Baranovichi Cotton Production Amalgamation
"Blakit has started the work with a green audit, or an audit of resource efficiency and environmental protection, which finished the other day. This was but the first stage"...

Export by Belarusian chipboard company Ivatsevichdrev 40% up in January-March
Diversifying target markets is a priority task for the Belarusian company. At present the company exports 70% of its output...

Over 70 companies take part in Furniture and Interior expo in Minsk
Professionals will get an opportunity to share experience and discuss various themes, from legal aspects to fostering brand loyalty. Visitors will have a chance to get advice from interior professionals...

Belgospishcheprom, EBRD sign MoU on Krinitsa's pre-privatization
For example, support will be provided with the restructuring of OAO Krinitsa to increase its competitiveness and investment attractiveness...

Brest to host economic forum of twin cities, partners in July
"We are doing our best to make the city maximally attractive to business and tourists. The forthcoming forum will make its contribution as well. The program will be divided into social, tourist, economic, and construction blocks"...

Investment agreements worth over Br20m signed at B2B Contact Fair Brest 2018
More than 100 foreign guests from 18 countries are taking part in the 3rd International B2B Contact Fair Brest 2018...

Plans to unveil updated Belarusian electric car by 2018 year-end
Today Belarusian scientists demonstrate a lineup of electric scooters, bikes, and mopeds. “These are Belarusian vehicles. The accumulators are also made in Belarus,” Vladimir Gusakov underlined...

Belarusian grain harvester tested in Pakistan
The Belarusian combine harvester proved its worth in the complicated weather conditions of Pakistan, and drew keen interest of local farmers in its reliability and highly efficient performance...

Delegations from over 20 countries attend B2B Contact Fair Brest 2018
The international exhibition presents the economic potential of Brest Oblast and Belarus...

Belarus showcases its products, innovations at SIAM expo in Morocco
Crown Prince of Morocco Moulay Hassan attended the Belarusian exposition during the SIAM opening ceremony. The Gomselmash farm machines and agricultural technologies presented by Belarus’ National Academy of Science are the most popular with visitors...

Five Belarusian poultry factories to start selling food to China Five Belarusian poultry factories to start selling food to China
As a result of recent inspections and the visit of a Chinese delegation led by the deputy head of the General Administration of Quality Supervision, Inspection and Quarantine of China the Chinese side has decided to authorize five Belarusian poultry farms to supply poultry meat to China...

Belarusian banks may be allowed to sign smart contracts
A smart contract is a computer code running on blockchain, which is used for automating contractual obligations or other legally valid actions...