Business news

Israel interested in cooperation with Mogilev Oblast in IT, energy industry, tourism
According to Alon Shoham, upon getting familiar with Mogilev Oblast’s capabilities, he saw rather good prospects for advancing entrepreneurship and cooperation in information technologies. “There are quite many qualified specialists in the region, who could work in this area, implementing and advancing the development of the business projects already going on in Israel"...

Polish investor to build loading terminal at Bruzgi railway station
"Construction of the terminal will increase transit traffic through Belarus. We are talking about container trains from China to the Atlantic Ocean as part of the Silk Road project"...

Belarus-Germany solar-powered refrigerator under development
Such appliances are irreplaceable when there is no electricity or where there is a power outage. The concept is about refrigerating the compartment by converting solar energy to charge the fridge overnight...

Belarus’ top building contractor in negotiations on projects in Poland, Latvia, Estonia, Slovakia
Reinforced concrete products and reinforcement units had to be certified in Vilnius, Lithuania so that the Belarusian company could ship them to the European Union member states...

Plans for German venture to make composite materials in China-Belarus industrial park
"New composite materials are virtually substitutes for metals. They are now actively used in mechanical engineering. We would love to join the race. The project is estimated at more than €200 million"...

Belarus, Kazakhstan plan to launch joint projects in IT, nanomaterials
Therefore we would like to ream up with Belarusian colleagues and launch those projects which will target the markets of our countries and third countries...

Common electricity market with Russia may help reduce tariffs for Belarus’ real sector by 25%
A decision has been taken that the common electricity market with Russia will be launched in 2019, which means there will be a wholesale and retail electricity market inside Belarus...

Business Promotion Council to focus on systemic problems in Belarus
"We would like to focus on the problems that affect all regions, all economic entities and which are systemic in nature"...

Number of agreements signed at Belarusian-European Investment Forum
"The Chinese-Belarusian industrial park Great Stone starts showing its strength. Today head of the park administration Alexander Yaroshenko has signed several documents with different companies on the implementation of a number of projects"...

European Investment Bank to support Belarusian SMEs
The infrastructure projects, via which the bank is also ready to provide support, include the modernization of international transport corridors, municipal and environmental infrastructure...

Vietnam pleased with comfortable business conditions in Belarus
"The Belarusian economy is open to foreign investments. The legal base is well-developed and guarantees are available. These are important factors that representatives of business circles pay attention to"...

Belagroprombank, Italian BPER Group sign cooperation agreements
During bilateral meetings and talks held by the delegation of Belagroprombank in Luxembourg, the cooperation agreements were signed with two banks belonging to the BPER Group: BPER Banca SpA and Banca Popolare dell'Emilia Romagna (Europe) International S.A...

One-fifth of Gomel Oblast-made industrial products are innovative
According to the governor, the gross regional product per capita has surged sixfold over the last eight years. "Gomel Oblast manufactured almost $8 billion worth of industrial products in 2016, one-fifth of them were innovative"...

Belarus ready to use cutting-edge investment instruments
Belarus had opened its economy to foreign investments, mutually beneficial cooperation and manufacturing cooperation. Belarus is ready to set up joint ventures, build factories together, and get integrated into transnational corporations...

Belarus to keep economy open, attract foreign investment
"We are convinced that the freedom of private enterprises, a low tax burden, budget discipline and macroeconomic discipline are the necessary conditions for long-term growth"...

Belarusian paper mill to sell pulp via Swedish dealer
The press service remarked that this deal will become a milestone for the Belarusian pulp and paper industry and economy in general as it will help introduce a new domestic investment product to the global market...

About 200 European businessmen to attend Belarus. Invest in Tomorrow forum in Luxembourg
"The interest in the forum was shown not only by Luxembourg, but also by Belgian, French, German and Dutch companies"...

Gomel Oblast’s merchandise export up 24% in January-September 2017
"For example, the growth rate of the gross regional product totaled 102% (projected at 100.6%), the workforce productivity – 103.3% (projected at 100.9%), the export of services – 116% (103.2%)"...

Visa-free tourists generate over $10m in Belarus' Grodno over past year
"On the average, foreign tourists stayed for two and more days in the city of Grodno and Grodno District, spending from €100 to €120 a day"...

Slovakia eager to cooperate with Belarus in biotechnology
Olga Nachtmannova, State Secretary of the Slovak Ministry of Education, Science, Research and Sport, told the media at the ministerial meeting of the Central European Initiative (CEI) on science and technology headlined Biotechnology for Healthy and Active Life in the CEI Region on 26 October...