Business news

Russia, Belarus sign memorandum to create new Belarusian satellite
According to the source, Belarusian and Russian companies will team up to create the satellite. Belarus will make surveying instruments while Roscosmos will take care of creating the platform and inserting the satellite into orbit...

St. Petersburg intends to purchase 125 MAZ buses ahead of 2018 FIFA World Cup
St. Petersburg Governor Georgy Poltavchenko noted that Belarusian vehicles are widely used both for passenger transportation and for municipal purposes...

Belarusian-Russian forum of regions nets $450m in contracts
The work to sign agreements and contracts continues. There are plans to sign a total of about 77 agreements of various levels as a result of the forum. The contracts are massive, stressed Mikhail Myasnikovich...

Russian-Belarusian Venture Investment Fund to finance four projects
“Four projects were selected at the first session of the Russian-Belarusian Venture Capital Fund in Moscow. The fund will now work out the terms of their financing. The investment will be used to finance R&D in healthcare and medical IT,” the press service clarified...

Belshina, Vietnamese company Au Viet Industry to develop cooperation
An agreement was reached that Belshina’s partner will bring for testing pilot batches of all-steel tires for dump trucks and quarry vehicles to the company Vinacomin and facilitate the sale and promotion of Belarusian tires in Vietnam...

Belarus, Russia to decide on terms of new satellite project soon
According to the source, the National Academy of Sciences of Belarus and the Russian space agency Roscosmos will sign a memorandum as part of the forum to start work on the new satellite. “For all intents and purposes, the document will read that we are making the satellite together,” said Sergei Zolotoi...

Some 15 homes to be built in Belarus during third stage of China-sponsored social housing project
The project is implemented using China’s technical and economic assistance granted under the agreement between the governments of China and Belarus of 29 September 2016, and the technical and economic assistance provided in 2017...

Plans to sell Belarusian electric buses to Moscow
“We have already supplied some buses for test runs. Their performance parameters are available. Work is now in progress to sell a batch of electric buses to Moscow. Reaching other regions of Russia is a future possibility,” said Alexander Shumilin...

Belarus, Russia sign set of agreements on regional cooperation
Chairman of the Council of the Republic Mikhail Myasnikovich added that there are good prospects for Belarus-Russia cooperation in industry and innovation. “We are competitive and feel confident in foreign markets. It is noteworthy that our companies have started to invest more in joint manufacture"...

Belarus mulls over new joint ventures with Egypt
As he commented on the most important projects to be carried out in the near future, the ambassador noted that a major project is running to set up joint production of MAZ vehicles at one of the enterprises of the Egyptian Ministry of Military Production...

Vietnam interested in Belarusian tractors, bicycles, motorcycles
“First thing, Vietnam is interested in the equipment that meets our conditions. These are small tractors and buses,” Vietnam's Deputy Prime Minister Pham Binh Minh said...

Moscow hosts Days of Belarusian Science
Chairman of the Belarusian State Science and Technology Committee Alexander Shumilin opened the exhibition of Belarus’ scientific achievements over the past five years...

Forum of Belarusian, Russian regions to net contracts on innovations
"We would like to see new contracts signed in the field of innovations, the priority area of this year’s forum,” Deputy Chairman of the Federation Council of the Federal Assembly of Russia Yuri Vorobyov noted...

Forum of Belarusian, Russian regions to net contracts on innovations
"We would like to see new contracts signed in the field of innovations, the priority area of this year’s forum,” Deputy Chairman of the Federation Council of the Federal Assembly of Russia Yuri Vorobyov noted...

Plans to establish Belarusian-Angolan commission on trade, economic cooperation
Vladimir Makei and Georges Rebelo Pinto Chikoti summed up the results of the visit and thrashed out the plan of action on bolstering political, trade, and economic cooperation...

Belarusian automaker MAZ reveals ambitious plans for Vietnam
MAZ is busy setting up two joint ventures in Vietnam to assemble trucks (MAZ Asia) and passenger vehicles (MAZ Zenit). The MAZ truck factory is being built 40km away from Hanoi and is supposed to be commissioned by the end of the year. The establishment of the joint venture to make MAZ buses is only a prospect for now...

Belarus-Vietnam partnership in oil extraction suggested
“With your support we could implement an important joint project to introduce Belarusian innovative methods for intensifying oil recovery in Vietnamese oil fields,” stated Andrei Kobyakov...

Belarus ready to sell more mechanical engineering products to Vietnam
We are a leading manufacturer of vehicles and machines. Belarus has experience and unique technologies,” stressed the prime minister. “We are ready to increase shipments of the entire range of mechanical engineering products to Vietnam: trucks, passenger vehicles, mining vehicles, and agricultural machines”...

Belarusian automaker MAZ to ship 400 vehicles to Vietnam in 2017
Belarusian Industry Minister Vitaly Vovk explained that MAZ will sign the relevant agreements during the visit of Vietnam President Tran Dai Quang to Belarus. One agreement provides for shipping 200 assembled vehicles and another one provides for shipping 200 assembly kits...

Vietnam eager to develop investment cooperation with Belarus
Vietnam President Tran Dai Quang said during the Belarusian-Vietnamese business forum. The Vietnamese leader noted that Vietnam will welcome Belarusian investments, especially in the mechanical engineering industry and the production of industrial equipment...