Business news

20 Dec 2017

Belarus signs contacts to export oil products via Russian ports
The vice premier noted that in 2018 the export of Belarusian oil products via Russian ports may reach 1 million tonnes if the economic conditions are favorable...

20 Dec 2017

Belarus’ export of oil products via Russian ports depends on expenses
“We have agreed to export small volumes of oil products providing the terms in the Russian ports are similar to those offered in the ports of other countries. We cannot afford to be philanthropists or sponsors,” Vladimir Semashko underlined...

20 Dec 2017

Belarus’ Hi-Tech Park revenue to hit $1bn in 2017
The Hi-Tech Park operates successfully, regardless of any crises, Vladimir Semashko said. The park’s revenue grows year by year in the U.S. dollar equivalent and in real terms, the deputy prime minister added...

20 Dec 2017

Demand for Belarusian electric buses abroad on the rise
Today, twenty electric buses serve two routes in the Belarusian capital. The project has helped reduce energy consumption by 14%. “This is the transport of the future”...

20 Dec 2017

Belarus-Russia oil dispute fully settled
"The negotiations on oil and gas issues were tough and took about a year and a half. We were engaged in the talks virtually throughout 2016 and in early 2017. We have sorted out all the issues with oil supplies"...

20 Dec 2017

Belarus, Russia in negotiations on pricing natural gas deliveries in 2020-2024
In his words, Belarus believes that the price for Russian natural gas at the border should be roughly the same as the price in nearby Russian regions...

20 Dec 2017

Over 60% of Belarus’ industrial output bound for export
“Economic recovery was primarily driven by an increase in sales. The growth rate of exports shows positive dynamics, rising from 118.3% in January 2017 to 122.6% in January-October 2017”...

20 Dec 2017

Belarus, China’s CITIC discuss joint projects for 2018
The vice premier was updated on the projects the Chinese company implemented in Belarus in 2017. Among them was the completion of the construction of the BelGee car factory...

19 Dec 2017

Minsk airport’s second runway past 70% progress mark
“The second runway is being built in order to keep us in business at all times unlike, for instance, the Vilnius airport where services are suspended for the duration of repairs. We will not suspend our operations after the second runway is commissioned”...

19 Dec 2017

Knauf Group ready to help export products of new Belarusian gypsum factory
Taking into account the successful implementation of the investment project in Belarus Knauf Group is ready to increase the volume of investments by €27 million to €70 million by setting up new manufacturing facilities as part of the investment project...

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