Business news

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...

Belarus to sell medications to Algeria, Pakistan
Today the medications of the Belarusian company are sold to 26 countries, including to Australia, Vietnam, Georgia, the United States, Estonia...

Working group set up to integrate Belarusian nuclear power plant into power grid
The specialists will have to consider the possibility of allowing real sector economy organizations to participate in regulating the electric load schedule...

Belarusian nuclear power plant’s first reactor to get fuel in summer 2019
"We will begin mastering the systems step by step after that. We will begin with a subcritical state first in order to check the operation of all the systems. Then we will gradually increase the output"...

Belarus’ Finance Ministry, Gazprombank sign cooperation agreement
In accordance with the cooperation agreement, Gazprombank will provide the Finance Ministry of Belarus information and organizational support and advice on the ways of expanding the presence of Belarus on the financial markets of Russia and China...

Belarus’ pharmaceutical export projected at $115m in 2017
Every year the number of pharmaceutical companies increases in the country. Therefore the task has been set to boost the export volume...

Borisov Plant of Medical Preparations signs $4m supply contract with Azerbaijan
The contract was signed following the 23rd international healthcare exhibition held in Baku from 28 to 30 September...

Belarus, Azerbaijan overcome negative trends in trade
“Azerbaijan is our reliable friend and business partner. Belarus-Azerbaijan relations have survived the test of time and have serious durability reserves for years to come. Advancing mutually beneficial and versatile relations with Azerbaijan is a priority for Belarus"...

Belarusian nuclear power plant to recoup investment in 15 years, reduce electricity prices by 15-20%
Аfter the nuclear power plant goes online, the country will be able to reduce the import of natural gas by 5 billion m3 per annum. At present 95% of electricity in Belarus is generated by burning Russian natural gas...

New Belarus tractor production line unveiled in Russia’s Cherepovets
The Cherepovets plant will produce more than ten modifications of Belarus tractors. Vladimir Boglayev hopes that the annual number of Belarusian vehicles produced in Cherepovets will soon reach 4,000...

Second reactor pressure vessel to reach Belarusian nuclear power plant in late October
“Equipment is being delivered on schedule, every transport operation is carefully worked out. Specialists of the Belarusian nuclear power plant oversee all the operations,” concluded Anatoly Bondar...

Public access to Belarusian nuclear power plant stress tests results promised
Gosatomnadzor has already prepared the national report on results of the Belarusian nuclear power plant stress tests using the self-evaluation report prepared by the nuclear power plant’s operating company...