Business news

Belarusian Amkodor to help Russia’s Bashkortostan master modern forest harvesting technologies
Amkodor has been the third largest seller of forestry machines in Russia since 2014 behind John Deer and Ponsse and ahead of Komatsu...

Latvia interested in cooperation with Belarus in agriculture, forestry
"We have had two joint projects in the field of forestry which have been a success. We constantly cooperate with the NASB scientific organizations that are working on technologies for agriculture and food"...

No plans to sell minority interest in Belarusbank development strategy till 2020
“We do not envisage the sale of a minority interest, 25% that we have discussed, to an investor in the strategy of bank till 2020,” Chairman of the Board of OAO Belarusbank Viktor Ananich said...

Two Belarusian companies authorized to supply beef to China
China is the world's largest importer of beef. Last year the Chinese beef import was estimated at $2.6 billion...

Brest Oblast Hospital to cooperate with University Hospital of Strasbourg
"We are first of all interested in the development of thoracic surgery, cardiosurgery, anesthesiology, and transfusiology. These are the medical sectors we have recently mastered"...

Belarus to take part in Gulfood 2018 in Dubai
The exhibition is popular among food producers and suppliers from around the world, largely due to the fact that the UAE is the key hub in re-export of food products to the Persian Gulf countries and supplies more than 90% of food to Bahrain, Qatar , Kuwait, Oman, and Saudi Arabia...

Minsk to host Belarusian-Turkish business forum 14 December
The forum aims to expand the Belarusian-Turkish cooperation in such industries as construction and real estate, energy sector, wood processing, chemical industry, transport and logistics, information technologies...

Belarusian-Moldovan trolleybus assembly project in Chisinau going strong
"For the last six years we’ve been working together with colleagues from Minsk — Belkommunmash Company — assembling trolleybuses in Chisinau. The trolleybus assembly technology begins in Minsk and ends in Chisinau. The ready-made trolleybuses enter into service"...

Top Belarusian civil engineering company to build school in Russia’s Vladimir Oblast
“It is MAPID’s first project in Vladimir Oblast but the company intends to continue cooperation. MAPID’s design division is now busy preparing to design and build a public welfare house in this region”...

Belarus plans to introduce information audit system based on European standards
During the visit of the committee’s delegation to Slovakia, the supreme audit institutions (SAIs) of Belarus and Slovakia discussed the introduction of the information audit system in Belarus, which was developed by Slovakia’s Asseco Central Europe and is used by the country’s Supreme Audit Office...

Belarus, Moldova to set up joint bottling venture in Minsk in 2018
Belarusian Deputy Prime Minister Mikhail Rusy noted at the Belarusian-Moldovan business forum on 11 December...

Belarusian Railways to present its transit, logistics potential in Moscow
The roundtable session is supposed to deliver information about Belarusian Railways’ tariff policy for 2018. The event will present Belarusian Railways’ technical, technological, and logistics capabilities for transporting Russian foreign trade cargoes...

European project helps equip energy effectiveness labs in Belarus
"Taking into account the globalized nature of trade improving the capability of the standardization institute to test equipment is becoming important. It will help create products, which are competitive on various markets"...

World Bank's new framework partnership strategy discussed for Belarus
The parties also discussed the update of the Roadmap for Structural Reforms in Belarus and the adopted legal acts aimed at promoting business initiative and reducing barriers in involving people in the economic activity...

Trade between Belarus and Russia's Vologda Oblast up by 79% in January-September 2017
Trade and economic cooperation between Russia’s Vologda Oblast and Belarus is traditionally based on the interaction of large industrial enterprises of metallurgical, chemical, machine-building industries, timber industries, agricultural enterprises...

Belarus, Russia to continue dismantling barriers in mutual trade
Plans have been made to work out joint measures to further reduce the number of barriers, exemptions, and restrictions in mutual trade in addition to liberalizing business operation terms, said Andrei Kobyakov...

Belarus calls on Russia to aim for $40bn in bilateral trade
The two countries will continue working out joint measures to remove barriers in mutual trade, liberalize the economic activity. These approaches were taken into account when the priority areas for the Union State mid-term development for 2018-2022 were considered...

Belarus' exports of goods, services up 20.1% in January-October 2017
Belarus' foreign trade in goods and services totaled $58.489 billion, up by 19.6% from January-June 2016. Exports amounted to $29.537 billion, up by 20.1%; imports grew by 19.2% to $28.952 billion...

Belarus-Russia trade up 22.7% in January-September 2017
Belarus’ exports to Russia reached $9.5 billion (up 21%), the imports from Russia made up $13.7 billion, increasing by 23.8%...

Belarus considering floating bonds on Russian, Asian markets in 2018
The finance minister pointed out that Belarus is intent on diversifying borrowing instruments to avoid dependence on the European market of eurobonds...