Business news

Belneftekhim opens trading house in Georgia’s Tbilisi
The trading house demonstrates a wide range of Belarus-made tires. “It is always important for Georgian customers to see the goods for themselves. This is their market need,” Igor Lyashenko pointed out...

Belkommunmash may start producing electric buses in Georgia’s Tbilisi
“We have agreed to deliver a hybrid electric bus and an electric bus for trial operation in the next two or three months. Prior to this date, we will host a group of Georgian specialists and senior officials to discuss every detail,” Vladimir Korol noted...

Belarus’ wood product exports up to Georgia
The Georgia market is of interest to the Bellesbumprom companies primary as a consumer of the Belarusian furniture, chip boards, plywood, wallpaper, paper, cardboard and other types of wood products...

MTZ opening assembly plant for Belarusian tractors in Georgia’s Batumi
Georgia has a demand for various tractors, from light-duty to power-packed ones. Although MTZ may start manufacturing these vehicles in Georgia in the coming years, for the time being the company only intends to assemble them and supply finished vehicles...

Belarus MPs discuss Great Stone park development in China
“The park is open to any company across the globe. We welcome investors from Europe and the United States,” he said. Among the advantages of cooperation with Belarus Hu Zheng named the country’s favorable geographical position, security and stability, a well-developed industrial base...

About 30 documents signed during Belarusian-Georgian business forum in Tbilisi
For example, Minsk Automobile Plant (MAZ trademark) and Georgia’s OOO Profauto signed a contract to supply MAZ vehicles to Georgia. The Georgian company will also get the exclusive rights to sell MAZ vehicles in Georgia...

Belarus presents its investment cooperation opportunities at business forum in Spain
During the forum, Ambassador of Belarus to France and concurrently to Spain Pavel Latushko made a presentation of the opportunities of cooperation with Belarus in trade, economy and investment, the terms and advantages of investing in the country given Belarus’ membership in the Eurasian Economic Union...

Delivery of new batch of Belarusian tractors, harvesters to Georgia under discussion
“We are preparing 25-30 grain harvesters for a prompt shipment to Georgia. Fifty tractors will be shipped for assembly purposes. A contract will be signed”...

Regular freight service by rail from China to Europe via Belarusian Grodno now available
The way of transportation has proved its worth. This is why a regular service was launched in March 2018. The trains will cross Grodno on a weekly basis. A train takes 5-6 days to reach Grodno all the way from China...

Belarusian pavilion at Dubai Expo to cover 1,200 square meters
"Preparations for Expo 2020 started in 2016. Two years ago our government was among the first to confirm participation in this expo. This helped us choose one of the best sections in terms of location to build a pavilion"...

Special company to supply Georgian food products to Belarus
“The Partnership Fund has founded a company to supply to Belarus natural Georgian products: wine, grape, and dried fruits. The company has already been registered. We did all the work in a month. We have selected a facility in Minsk with an area of 1,200 square meters”...

Belarusian Belorusneft, Oil India Limited working on three new contracts
Oil India Limited and Belorusneft have become good and reliable partners, their relations are full of trust, noted Mikhail Myasnikovich. The director general of the Belarusian company Alexander Lyakhov is a member of the upper chamber of the Belarusian parliament...

Belarusian, Georgian governments working on alternative ways to deliver goods
"Merchandise delivery is a problem to some degree for both sides in our trade and economic cooperation. We primarily transport merchandise by road. The Georgian Military Road, the pass across the Caucasian ridge is the only way to deliver the goods to Georgia today"...

Belarus, Georgia to open lift assembly facility in Tbilisi
"The project to set up the assembly production of lifts in Georgia is getting off the ground. About 25,000 lifts need to be modernized in Georgia. Of them at least 50% are of Belarusian make (by Mogilevliftmash)"...

Russia-Belarus Venture Investment Fund to finance UAV development project
“The fund will invest around $430,000 in AgroDroneGroup, an R&D company developing UAVs for agricultural needs. The money will be used to scale up the project and produce UAVs in Belarus for the neighboring states and establishing a design bureau”...

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...

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"...

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...

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”...

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...