Business news

Belarus ripe for IPv6 protocol, expert says
IPv6 can offer trillions of unique addresses and can resolve the problem of the shortage of IPv4 addresses. The expert disproved beliefs that deploying IPv6 is a costly proposition...

New potash mine in Belarus to open by 2021
Shaft boring roadheaders (SBR) from the German company Herrenknecht will be used for this purpose. The construction crews intend to build mine shafts using these machines instead of explosions...

Electricity rates revealed for after Belarusian nuclear power plant goes online
There are plans to reduce electricity rates by 0.6 cents per 1 kWh for the entire real sector of the Belarusian economy in 2018. Electricity prices will be reduced even more than that for several consumer types with energy-hungry manufacturing processes...

Some $700m to integrate Belarusian nuclear power plant into power grid
The official said that diversifying electricity sources is one of the main goals for building and commissioning a nuclear power plant in Belarus...

Working group to come up with ways to use up surplus electricity in Belarus
"Every branch of the national economy should make its tangible contribution and say how much electricity from the nuclear power plant it will use. Everyone should contribute to it, including science"...

Belarus, Cuba to implement joint projects in healthcare, pharmaceutics
They also discussed a possibility of holding a regular session of the joint Belarus-Cuba commission on cooperation in science in Minsk...

Zimbabwe shows interest in Belarusian forestry technologies
Daniel Sithole expressed confidence that Belarus will be able to give Zimbabwe the necessary technologies and thus expand cooperation between the countries...

Belarus to import cheap electricity after nuclear power plant goes online
"The development of nuclear energy industry will give a new intellectual and technological impulse to the country’s development. It will also provide additional guarantees for stronger state independence and economic self-dependence"...

Belarus opens legal information reference center at Czech-Belarusian CCI
The visitors of the center will get free access to the complete, relevant Belarusian legislation in any field using the legal framework ETALON-ONLINE...

Belarus' export of merchandise, services up 19.2% in January-August
Belarus' foreign trade in merchandise and services totaled $45.338 billion, up by 18.6% from January-August 2016...

Gomselmash to ship seven harvesters to Cameroon
Speaking at the forum was Belarus’ Ambassador in France Pavel Latushko, who emphasized the success in advancing the Belarusian equipment to the African markets with the help of French companies...

Biotechnology in focus of forthcoming CEI ministerial conference in Minsk
"They are rapidly developing in Belarus. In particular, 30 leading companies specialize in pharmaceutics. They turned out $500 million worth of pharmaceutical products in 2016"...

Second reactor of Belarusian nuclear power plant now covered with protective dome
“With the dome in place, the installation of metal structures of the internal protective shell in the reactor building is over,” said Sergei Olontsev, Vice President for managing Russian projects at the engineering company ASE...

Spain interested in Belarusian nanofertilizers
Nanoplant has been developed by the National Academy of Sciences of Belarus. Instead of the synthetized formula the product relies on natural extracts, which can greatly improve the growth of crops, their protection, thus increasing the economic effectiveness of agriculture...

Russian oil flows to Belarus on schedule
“Oil deliveries are on schedule. As for the 18 million tonnes we are supposed to get this year, the deliveries are absolutely on schedule,” noted Vladimir Semashko...

Belarus may pay in Russian rubles for natural gas in future
The official reminded that Belarus and Russia had settled all the issues concerning natural gas deliveries in 2017-2019. "It is now necessary to create common markets of energy resources in the Eurasian Economic Union by 1 January 2025"...

EDB to allocate $10m to Alfa-Bank to support SMEs, enhance energy efficiency in Belarus
“We praise cooperation with Alfa-Bank in Belarus and believe that this project will promote the development of the real economic sector, enhance its energy efficiency, improve the employment and tax payments,” noted Dmitry Ladikov-Roev...

Belarusian Energy and Ecology Forum opens in Minsk
The roundtable dedicated to the prospects and problems of the development of electric transport will be held for the first time during the forum...

Belarus Business Day to be held at International Machine Building Exhibition in Brno
The event will include a presentation of the economic and investment potential of Belarus, concrete projects suggested for investment or modernization at the national level and free economic zones, legislative amendments...

Baku to host Azerbaijan-Belarus business forum
More than 15 Belarusian companies specializing in different sector of economy will take part in the event...