Business news

Gomselmash, DVR Infratech to set up joint venture in India
To implement the project, Gomselmash and DVR Infratech signed a memorandum of association in India. The next step will be to register the joint Belarusian-Indian enterprise Gomselmash-India...

Second runway in Minsk National Airport ready by 7 November 2018
The second runway in the country’s main airport will be 3.7km long and will be able to accommodate all types of aircraft...

German business eager to cooperate with Belarus in energy security
These are small and medium-sized businesses that offer their services in planning, designing, and carrying out projects in renewable energy sources and energy efficient industrial solutions...

New factory of Belarusian-Chinese venture BelGee to make first batch of cars on 25-26 June
For now BelGee uses premises rented from the Borisov-based automobile components manufacturer Avtogydrousilitel to make the Geely Emgrand X7 crossover, the Geely SC7 sedan, and the Geely LC Cross hatchback...

Belarus, Russia to hold talks on common gas market in June
“In terms of gas we have all the issues settled for three years ahead until 2019. Now we continue the talks. At the level of deputy ministers we worked out the order of formation and functioning of the common gas market after 2019 and up to 2025"...

Belarus set to export $10m worth of high-tech products to United States
OAO KBTEM-OMO and Teksoli Inc. signed an agreement to supply high-tech equipment (circuits) during eMerge Americas expo...

Chinese company eager to build dairy farms for 40,000 head of cattle in Belarus
“The Chinese side intends to develop milk production in Belarus. With this in mind they would like to rent 20,000ha of land for building dairy farms with the total herd of 40,000 head of cattle”...

Belarusian agriculture ministry, two Chinese corporations sign cooperation roadmap
Belarusian Agriculture and Food Minister Leonid Zayats explained that the document stipulates specific dates for implementing events and taking measures till the end of the year. “We’d like to stay on schedule,” he stated...

Bank Moscow-Minsk ready to consider Chinese investment offers
“We are happy to work together not only with Chinese companies but other investors, too. Indeed, we met with top executives of Xinrongji Holding Group and DRex Food Group on 9 June. During the meeting we discussed the matter of attracting Chinese investments"...

Expo-Russia Belarus to take place in Minsk on 21-23 June
It will be the second expo of the kind. The first Expo-Russia Belarus took place in 2015. The expo is meant to bolster economic, humanitarian, social, cultural, and political ties between Belarus and Russia...

Belarus to present over 80 R&D projects in United States
The Belarusian delegation headed by Chairman of the State Science and Technology Committee Alexander Shumilin will partake in the international technology conference eMerge Americas due on 12-13 June in Miami...

Plans to set up trading company to promote Belarusian products on Chinese market
“We would like to invest in Zdravushka Milk. We have liked the plant very much. Maybe we will purchase a share in the company in the future,” Zoya Kavaleva said...

Belarusian MAZ wins tender to sell 100 buses to Kiev
The first lot was 70 MAZ-203 buses and the second lot was 30 MAZ-215 buses. The auction was called by the Kiev mass transit systems operator Kievpasstrans...

Belarus to export buses, electrobuses to Serbia
“The Balkan country is interested in the Belarusian transport. We are ready to consider the possibility of shipping a batch of electrobuses taking into account the specific landscape of Belgrade.

Belarus, Portugal to expand economic cooperation
The matter was discussed at a meeting between Belarus’ Ambassador to France with concurrent accreditation to Portugal Pavel Latushko and Portugal President Marcelo Rebelo de Sousa...

Minsk, China’s Shenzhen to strengthen cooperation in innovation
“In 2014 we signed a twinning agreement with Shenzhen and reached some agreements on cooperation in different fields. I would like us to break new ground and launch specific projects. We have not used the full potential of our relations so far"...

Mogilev Oblast, France to focus on economic cooperation
Oblast and France are expected to make a focus on the development of economic and interregional cooperation. The intention was voiced at the meeting between France’s Ambassador to Belarus Didier Canesse and Mogilev Oblast Governor Vladimir Domanevsky in Mogilev on 9 June...

Israel invited to co-found international financial center in Belarus
Chairman of the Council of the Republic Mikhail Myasnikovich invited Israel to co-establish an international financial center in Belarus during a meeting with Tali Ploskov, deputy Knesset speaker, head of the Israel-Belarus interparliamentary friendship league on 9 June...

Belarus reduces export duty on potash fertilizers
Under the document, from 1 April to 31 December 2017 the export duty on potash fertilizes exported from the territory of Belarus outside the customs territory of the Eurasian Economic Union (except potash fertilizers exported to Azerbaijan, Georgia, Serbia, and Turkmenistan) will equal €20 per 1 tonne...

UAE fund to open $25m business support credit line for Belarus’ Development Bank
DBRB Chairman of the Board Sergei Rumas noted that supporting SMEs is a core business for the Belarusian bank. “As a national development institution we try to provide maximum and comprehensive assistance to Belarusian small and medium businesses. It is very important for us that we can find like-minded people, partners, and friends abroad, who share our views and values"...