Business news

Foreign investment in Belarusian economy at $6.7bn in January-September 2017
The primary investors were economic operators of Russia (40.6% of the total investment), the United Kingdom (26.6%), and Cyprus (7.1%)...

Belarus, Russia’s Kaliningrad Oblast eager to raise bilateral trade to $500m
Prime Minister of Belarus Andrei Kobyakov made the relevant statement as he met with Kaliningrad Oblast Governor Anton Alikhanov...

Great Stone project presented in Singapore
The agreements on trade and investment cooperation between Belarusian and Asian partners were signed on the sidelines of the forum...

FEZ Vitebsk, Turkish city chamber of industry to facilitate manufacturing cooperation
The agreement will help the partners provide more effective legal support to trade and investment efforts of the companies...

Malorita Canning Plant considering supplying baby food to China
The Malorita-based plant is currently looking for opportunities to export its products to other non-CIS countries. For instance, it has sent baby food samples to potential partners in Iran and Israel and samples of juices to the USA...

Russia's Kaliningrad to purchase MAZ buses ahead of 2018 FIFA World Cup
"The city of Kaliningrad intends to buy more buses ahead of the FIFA World Cup as there is still a certain lack, although we have already purchased 100 buses. I think that we need to make use of the labor resources of Belarus"...

Lublin to host Belarus-Poland economic forum 14 November
Taking part in the forum will be about 30 Belarusian companies working in the area of energy, agriculture and food industry, and also representatives of the free economic zones of Brest, Grodno, Minsk and Mogilev...

DBRB to offer more loans to Belarusian SMEs in early 2018
Sergei Rumas believes it is necessary to follow the policy of creating a startup nation. "In the countries, which are now dubbed as startup nations, in addition to creating a favorable environment and stimulating venture financing the state itself becomes a startup investor"...

Belarusian food products, farm machinery to go on show in Georgia
The exhibition covers a wide range of agricultural products, including farm machinery, plants, cattle breeding, food industry, equipment for processing and storing food products, packaging...

Belarusian specialists build four apartment houses in Venezuelan Caracas
Belarus and Venezuela intend to bolster cooperation in building public welfare homes in Venezuela. The two sides will consider the possibility of getting Belarusian specialists involved in industrial construction projects...

Belarus’ export up 18.2% in January-September 2017
In January-September 2017, Belarus’ foreign trade in goods and services amounted to $51.617 billion (up by 18.6% from the same period a year prior). Export of goods and services totaled $26.025 billion (up 18.2%); import made up $25.592 billion (up 18.9%)...

Latvian, Polish delegations to attend innovative entrepreneurship forum in Vitebsk Oblast
The projects the forum will feature will be related to economy, healthcare, energy and resource saving, information technologies, and other areas. They have been shortlisted and are of certain interest for companies. The best projects will be lauded by the organizers...

Bulgaria invites Belarus to carry out joint projects in automotive industry
The deputy minister underlined that around 80 companies with Bulgarian capital operate in Belarus today. They primarily focus on dairy production, agriculture, and restaurant business...

Belarus’ central bank to take small steps to reduce key interest rate in 2018
Summing up results of January-September 2017, the NBRB representative drew attention to positive changes in economy and monetary management, in particular, the gradual resumption of business activity in Belarus...

Geely tire production launched in Bobruisk
"The tread pattern of the tire ensures stability and roadability. We, first of all, care about the safety and comfort of motorists"...

Belarusian, Russian ecologists continue monitoring Ostrovets nuclear power plant construction
The current measurements match the natural background in this territory, noted Alan Khasiyev. Apart from that, samples of soil and samples of water from the Viliya River were taken. They will be studied by a lab in Moscow...

Belarusian technology to make space mirror materials developed
“One of the technologies we have developed is used in aerospace industry. It is a technology for making intermediate products out of silicon carbide. A specialized shop is being set up now to make silicon carbide intermediate products as well as composite materials for optical mirrors for space equipment...”

IMF improves Belarus’ economic growth forecast for 2017
"The government had to take a number of difficult decisions, including the measures to toughen the fiscal policy and to ensure the further liberalization of consumer prices. As a result, we again see an increase in consumption and investment, a stable exchange rate"...

Belarusian products on display at Expo Pakistan
Expo Pakistan is the largest exhibition of Pakistan. In 2015 it featured 500 local companies and more than 700 exhibitors from 77 countries...

Belshina launches tire sales to Kuwait, Cameroon, Oman
"The first batches of tires to these countries are small. We hope, however, to increase and expand the assortment of the export and long-term cooperation"...