Business news

Minsk constructors ready for projects of any complexity in Russia’s Kursk Oblast
“Minsk is ready to offer construction services to Kursk Oblast. Our specialists are working in Russia and perform pretty well. This refers to housing construction, in particular. We have started building social facilities, for instance, schools in Oryol Oblast and Vladimir Oblast. We are ready to carry out construction projects of any complexity”...

Chinese-Belarusian technology transfer center set up in China’s Shandong Province
The technology transfer center was established by the Yantai city science and technology office and the Belarusian National Technical University with a view to enabling Belarusian-Chinese joint research and innovation efforts and sharing accomplishments in the sphere of high technologies...

German company starts making boring machines for second Belarusian potash company
Using the shaft boring roadheaders (SBR) to make shafts will be a unique approach for Europe. Such machines have been used only once in Canada. Core components of the SBR machines are being manufactured now. Certain parts are ready for assembly...

Plans to develop driverless truck in Belarus
Driverless transport is expected to experience a surge in development in Belarus in the 2030s. “We’ve developed a draft strategy Science and Technologies: 2018-2040. The document is on the agenda of the second congress of Belarusian scientists...

Gomel Oblast’s export of tourist services up by 27% in January-November 2017
Denis Yezersky noted that the number of foreign visitors coming to Gomel Oblast has been continuously increasing. The five-day visa-free program has contributed to this. Wellness and medical tourism is the most attractive for foreign tourists...

IT sector named among drivers of Belarus’ economic growth in 2018
In January-October 2017, the government and the National Bank met five out of seven key performance targets as well as parameters envisaged by the main directions of the financial policy...

Belarus, Russia agree on next year’s schedule for Russian oil deliveries 　
According to the source, Belarus may get 24 million tonnes of Russian oil next year. “The supply balance document is ready. Everything is as we expected — 24 million tonnes”...

Russia's Kursk Oblast plans to conclude agreements on cooperation with Minsk, Vitebsk, Grodno
This year marks 15 years since the agreement on trade, economic, sci-tech and cultural cooperation was signed between the Belarusian government and the administration of Kursk Oblast...

Bulgaria boasts EU’s biggest BelAZ hauler fleet
BelAZ Sofia is BelAZ’s only dealer in Bulgaria, Greece, and Macedonia. The company has been representing the interests of the Belarusian industrial giant for more than 15 years...

Opinion: Entrepreneurship Development Ordinance promotes business initiative
“The head of state and the government make a lot of effort to improve the business climate in Belarus. This is why the adoption of the ordinance meets the needs of today. The time has come to give a new impetus to business development, promote business initiative"...

Belgian company intends to invest in waste recycling plant in Borisov District
The Belgian company intends to build a plant for processing solid municipal waste into diesel fuel and pellets, said Yelizaveta Davelman, the deputy head of investment of the economy committee at the Minsk Oblast Executive Committee...

Belarusian BelAZ to buy more LNG-powered Cummins engines
“I would like the gas component to be present in all the engines of our trucks with the carrying capacity of 90-240 tonnes in 2018-2019. There are also other promising avenues of cooperation, which we are discussing with our partner”...

Belarusian-Kazakh joint venture to offer two new grain harvester models in 2018
The Belarusian-Kazakh joint venture will start offering KZS-575 and KZS-10 models. The new harvesters will be made as a pilot industrial batch. The harvesters will expand the joint venture’s lineup, allowing more flexibility in meeting demands of the local market...

Belarus to share greenhouse production technologies with Egypt
The delegation met with top executives of the Agricultural Bank of Egypt and Banque Misr to discuss the financing of export-import operations and joint projects to foster the development of the agricultural sector of Egypt...

Belarus suggests vocational training center project to Tajikistan
A resource center may be opened at premises of a vocational school in Tajikistan in order to offer advanced training to blue-collar workers...

Belarus to start exporting Gomselmash cotton pickers to Tajikistan in 2018
"We have great and interesting prospects. We will make much headway in industrial cooperation. Then, there are plans to set up a free economic zone between Tajikistan and Afghanistan"...

Belarusian bank wins prestigious Bank of the Year award
"The Bank of the Year award has a big importance on the international arena. It shows the bank’s sustainability, efficiency, and innovativeness. Many international companies entering or working with the Belarusian market pay close attention to such competitions"...

Belarusian develops AI system to control power generator output
By using unconventional approaches such as neuron systems and artificial intelligence the development engineer has been able to improve the generator’s energy efficiency, making the system cheaper and losing less energy...

Belarus, Tajikistan sign agreements in agriculture, science, interregional cooperation
The agreements were concluded between the Belarusian Agriculture and Food Ministry and the Agriculture Ministry of Tajikistan, and also between the National Academy of Sciences of Belarus and the Academy of Agricultural Sciences of Tajikistan...

Belarus offers vehicles, equipment to Tajikistan, eager to buy cotton fiber in return
"We are ready to fully satisfy Tajikistan’s demand for automobiles, road construction machines, mining machines, and other vehicles and machines you may need”...