Business news

Belarus welcomes growing trade with Egypt
"Today we discussed specific avenues of cooperation: industry, agriculture, and environmental protection, interaction in science, culture, tourism, and many other fields"...

EDB to lend $91m to Russian company for buying Belarusian dump trucks
Thanks to the loan TransFin-M will be able to provide logistics services for extracting and transporting coal from the mine to the railway station, reducing the expenses incurred by coal extraction license holders by optimizing the use of the vehicle fleet...

BelNPP first unit to enter service in December 2019
The reactor pressure vessel, all the four steam generators, and an overhead crane of the transport sluice of the first power-generating unit have already been installed...

Modernized Belarusian companies encouraged to produce convincing results
As for the technologies and learning how to use the equipment, this first stage is over. Now we need to find markets, offer competitive prices, maintain the quality of goods...

Cuba interested in cooperation with Belarus in microbiology, nanotechnologies
Vladimir Gusakov, Chairman of the Presidium of the National Academy of Sciences of Belarus, expressed desire to step up cooperation, including cooperation in space technologies, unmanned aerial vehicle systems...

Belarusbank plans to issue UnionPay payment cards
"We plan to start our cooperation with acquiring but are not going to delay with the issue of the cards. Belarusbank is actively beefing up cooperation with the Chinese financial institutions in different lines of business"...

Azerbaijan keen to ramp up export to Belarus
The Azerbaijani trading house was opened in Belarus in late May to increase the export, the ministry noted. This is Azerbaijan’s first trading house abroad...

Belarus, Russia, Kazakhstan, Armenia establish WorldSkills Eurasia
WorldSkills Eurasia will become the sixth member association of WorldSkills International and will join WorldSkills Americas, WorldSkills ASEAN, WorldSkills GCC, WorldSkills Oceania, and WorldSkills Europe...

Belarus to increase first class pay rate 1 September
The national government bodies, local executive and regulatory agencies, heads of budget-financed organizations have been instructed to re-calculate wages of their employees...

Belarus, Cuba mull over joint projects in IT, biomedicine, farming
“The National Center of Intellectual Property of Belarus and the Cuban Industrial Property Office signed an agreement on cooperation"...

Belarus takes part in Great Silk Road commodities expo in Bishkek
According to the organizers, the expo is aimed at strengthening trading ties and helping companies in finding new clients...

Nuclear research reactor in Belarus under consideration
Apart from the reactor and engineering systems the center will include a radiochemical department, a materials science department, a testing department, and a science department...

Belarus to host Eurasian Week forum in 2020
The Eurasian Week is an annual forum and expo held by the countries of the Eurasian Economic Union (EAEU) and the Eurasian Economic Commission...

WANO to inspect Belarusian nuclear power plant in 2018
A comprehensive mission to evaluate the Belarusian nuclear power plant’s readiness for operation is scheduled for 2018...

Belarus’ central bank to reduce refinancing rate to 11.5% on 13 September
This is the seventh time the refinancing rate has been revised downward since the start of 2017...

Around $2.7bn invested in BelNPP project so far
The BelNPP is being constructed by Russia...

Main circulation line of Belarusian nuclear power plant’s first reactor welded
One of the most important stages of the project — the welding of a main circulation line — has been finished in the reactor compartment of the first unit of the Belarusian nuclear power plant...

Belarusian nuclear power plant construction work in H1 2017 summarized
Work is in progress to install core technology equipment, thermal-mechanical equipment, and electric technology equipment at the first unit and a number of plantwide facilities...

Belarus’ inflation expected below 7% by year-end 2017
As a result, the borrowing costs may be reduced, Andrei Kobyakov said...

Head of Belarus’ Hi-Tech Park meets with top Israeli IT education specialist
Eran Lasser spoke highly of Belarus’ potential in the IT sphere...