Business news

Belarus, Poland to implement joint forest inventory project
The European Forest Week was hosted by Warsaw on 9-13 October. First held in 2008, the forum brings together the forestry ministry heads of the European states – UN members...

Passenger traffic at Minsk airport over 3m in January-September 2017
In September 2017 Minsk National Airport handled 403,000 passengers, an increase of 13.6%...

Belarus’ first ever Internet of Things network to be launched soon
Specialists call the new technology a breakthrough. Belarus will become one of the first European countries to launch an NB-IoT network (Narrowband Internet of Things)...

Belarus trade fairs in Moscow report Br1m in sales
The two cities have been closely cooperating since 2012. Minsk and Moscow exchange city days on a regular basis. They actively develop relations in different fields, ranging from trade and economy to social and cultural affairs...

Belarus, Luxembourg’s UNERA to cooperate in biotechnologies
The NASB Institute of Biophysics and Cell Engineering is currently working on a technology to produce the biomass of microalgae Spirulina. The institute is setting up the production of the strain Spirulina platensis IBCE S-2 from its own algological collection...

Minsk to adopt Moscow’s best practices in infrastructure development
"Urban enterprises need to take into account Moscow innovations in housing construction, the development of car parking sites, the development of transport infrastructure, designing of new parks, a football stadium"...

Belarus eager to sell geological prospecting services to Vietnam
The official noted that a number of Belarusian companies and organizations offer geological services abroad. They drill wells, extract natural resources, participate in geophysical, engineering, and geological studies for civil engineering purposes...

Belarus’ oil reserves expected to grow by 3m tonnes by 2020
"Work to find new reserves of hydrocarbon resources will continue in the current five-year term using new methods and technologies, which are successfully utilized in the CIS states such as drilling boreholes for explosions, vibration-powered seismic exploration"...

Moratorium on new taxes in Belarus reaffirmed
"We are not planning to impose new taxes, fees. This is reflected in the program of social and economic development of the country for the current period, and in the set of documents to be signed by the head of state"...

Belarus invited to take part in Egypt’s oil and gas projects
“We hope Belarusian companies will take part in the implementation of various projects in Egypt. We have big oil and gas projects in the Red Sea and the Mediterranean Sea. There are also big projects in the east of the Suez Canal,” said the chairman of the Egyptian parliament...

Belarus, Moldova sign memorandum of cooperation in medicine
“Thanks to this document, we are able to develop relations between our institutions, between the healthcare ministries, between the governments of our countries. We will also deepen trade relations between Belarusian and Moldovan manufacturers,” Sergei Marchenko said...

Call to intensify Belarus-Serbia investment cooperation
Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich said during a meeting with Speaker of the National Assembly of the Republic of Serbia Maja Gojkovic in St. Petersburg...

Belarus, Russia considering jointly exporting Cherepovets-made MTZ tractors
“The possibility of exporting MTZ tractors, which are made in Vologda Oblast, to non-CIS states is under consideration," said Fyodor Domotenko, Director General of the Belarusian tractor engineering company MTZ...

UK timber companies invited to visit Belarus
During Timber Expo the Belarusian participants established contacts with more than 50 representatives of the UK business community, arranged presentations of the country’s trading and investment opportunities in woodworking...

New measurement standards for nuclear energy industry, nanoindustry in development in Belarus
A package of measurement standards is now used to build the nuclear power plant but the nuclear power plant’s operation will require some more. Plans were made to create six new measurement standards...

Plans for logistics company powered by Belarusian trucks in Russia’s Vologda Oblast
According to the governor, he intends to visit Belarus early next year and put forth the proposal before the country’s leadership. “We hope the Belarusian head of state will support us,” he noted...

More ways for Belarusians to make money without registering self-employed business
"If we get the relevant proposals and we see that some kinds of activities should be indeed declassified as entrepreneurship and included into the list of activities one may pursue using the declarative principle, then certainly the activities will be added to the Tax Code"...

Iran shows interest in Belarusian beef supplies
"The potential of our export to the Asian region is high. These markets are very promising"...

Belarus considering using Russian financial mechanisms to promote export
"This work is being done at the level of an ad hoc working group. We are planning to promote products to the markets of third countries with the use of financial mechanisms including those of Russia and individual Russian banks"...

Sichuan Province encourages local companies to become part of Chinese-Belarusian industrial park
Chengdu Xinzhu Silk Road Development is building a factory to assemble ultracapacitors for electric transport in the industrial park Great Stone. This project is very promising for both sides...