Business news

Mogilevliftmash to supply equipment for Ukraine’ Karat-Liftkomplekt
“This year we have registered a 60% increase in the output. The annual turnover will reach some $7 million. We supply the domestic market,” said Director of the Ukrainian company Sergei Gorishny...

Gomselmash set to increase sales on Ukrainian market
“Today our grain harvesters sell well. We would like to increase the sale of forage harvesters,” Gomselmash director general Alexander Kamko told reporters on the margins of the Belarusian-Ukrainian business forum in Kiev...

New plant of Belarus-China venture BelGee to start mass production in August
“We plan to conduct performance tests of the car-making plant in August. As many as 222 vehicles will undergo continuous testing. In August we will start mass production and will begin exporting the cars,” Gennady Svidersky remarked...

Belarusian Belorusneft to build four gas wells in Ukraine’s Poltava Oblast
“Our new partner is the first-rate company DTEK Oil&Gas, which owns facilities for extracting mineral resources in Ukraine. It is an energy company and a coal company. It also has an oil and gas division. They extract natural gas. We took part in a tender and won it"...

Deals worth over $45m sealed at Belarusian-Ukrainian business forum
The Belarusian automobile engineering company BelAZ signed a contract to supply five haul trucks BelAZ-75131 to ArcelorMittal Kryvyi Rih and sell two haul trucks BelAZ-75473 to Novotroitskoye Quarry Group...

Belarus-Ukraine business forum kicks off in Kiev
The Belarusian delegation and Ukrainian businessmen plan to sign bilateral contacts and agreements. Contracts are estimated at $40 million...

BelAZ exports double in 2017
“Our exports grew 2.2 times over the last six months. There is growth in exports to virtually every market. The exports to Russia ballooned by 230%, to other CIS countries by 140%, to non-CIS countries by 170%. I think the overall exports to the CIS will double by the end of 2017 taking into account big contracts recently signed with Uzbekistan"...

Belarus, Ukraine to consider offers on mutual electric power supplies
The agreement was reached as a result of the consultations between the Belarusian Energy Ministry, the Ukrainian Energy and Coal Industry Ministry and Ukraine’s electric companies in Kiev...

Over 40 Mogilev Oblast companies in negotiations with businessmen from China’s Jiangsu Province
In 2016 Mogilev Oblast’s merchandise export to China was doubled in comparison with 2015, said Dmitry Kharitonchik. Local companies have acquired certain experience in dealing with logistics and adapting their products to requirements of Chinese customers...

Belkommunmash to take part in tender to supply 100+ vehicles to Ukraine
“Our product range has been refreshed almost 100%. We got down to active work last year. We won several tenders in late 2016. This year we won a large tender to deliver 47 vehicles to Odessa. The relevant contract was signed just last week"...

Belarusian Amkodor to rack up vehicle sales in Ukraine
“We’ve been present on the Ukrainian market for seven years already. Today it is a potentially large market with great opportunities. There is a demand for our agricultural machines, road construction machines, and municipal vehicles. We work with industry agencies and businessmen from various parts of Ukraine”...

Belarusian-Chinese ventures to produce beef, mushrooms in Mogilev Oblast
The relevant documents were signed during the meeting of Mogilev Oblast Governor Vladimir Domanevsky and a delegation of China’s Jiangsu Province led by Vice Governor Ma Qiulin...

Contracts worth over $40m to be signed during Belarusian-Ukrainian Business Forum
“Over 300 participants from both sides have already registered. According to preliminary estimates, the contracts to be signed are worth over $40 million. This will be an exciting and intensive event in terms of the development of trade and economic relations,” the diplomat said...

Days of Minsk in Russia’s Omsk 24-26 July
A Belarusian delegation will include representatives of the Minsk City Hall, Minsk City Council of Deputies, Belarusian Optical and Mechanical Association BelOMO, Belprofsoyuzkurort companies, the directorate for consumer market at the Minsk City Hall, the tourist information center Minsk, Minskhlebprom Bakery, Kommunarka confectionery, dealerships of MTZ, MAZ and Amkodor...

Production of Bosch automobile components under consideration in Belarus
“We actively cooperate with Bosch Company in fuel equipment shipments. In the future we may set up an enterprise to make Bosch automobile components in Belarus for the domestic market and the market of the Eurasian Economic Union," Belarusian Deputy Industry Minister Dmitry Korchik said...

PM: Belarus ready to intensify economic cooperation with Latvia
The strategic area of cooperation is transport and logistics, the prime minister noted. “We very much hope that the country will be able to use its most important transit potential as transport routes from North to South and from West to East cross our country”...

Mogilev Oblast, China’s Henan Province keen to expand investment cooperation
According to Vladimir Domanevsky, the cooperation between the regions and between Mogilev and Henan’s capital Zhengzhou has been developing rapidly since 2003 when Henan Province and Mogilev Oblast established close contacts...

Belarus plans to boost high-tech exports by $1bn in 2017
“Last year we exceeded the target for high-tech exports which made up some $10 billion. In 2017, this number is expected to total nearly $11 billion,” Alexander Shumilin noted. In 2016 the share of high-tech products in the total exports climbed up by 2.3% from 2015 and made up 33.2%...

Updated RCF plan to help Belarus implement nuclear energy program
The Belarusian side informed the RCF delegation about progress in developing the nuclear regulatory infrastructure, including results of the IAEA mission, which visited the country in October 2016 to evaluate the regulatory infrastructure...

Belorusneft wins tender to drill gas condensate wells in Ukraine
Belorusneft has stepped up its operation on the Ukrainian market thanks to vigorous work of the daughter enterprise OOO Service Oil in Ukraine. For instance, the Belarusian company is about to finish executing a contract for 50 hydrocracking operations in Poltava Oblast for Ukrgazdobycha Company...