Business news

Ninety companies from seven countries to partake in MILEX 2017
The previous editions of the expo have shown a growing interest in the Belarusian expo from the world’s manufacturers of military equipment. Ninety companies from Belarus, Germany, Kazakhstan, China, Russia, Slovakia and Ukraine have already confirmed their participation. We have also received confirmations from 20 official delegations from 11 countries, including Azerbaijan, Bangladesh, Egypt, Kyrgyzstan, China, Nigeria, and Russia...

Belarus, Finland to step up economic cooperation
The Finnish minister held meetings with Belarus’ First Vice Premier Vasily Matyushevsky, Energy Minister Vladimir Potupchik, and Deputy Minister of Foreign Affairs Oleg Kravchenko. The talks highlighted the ways of intensifying trade, economic and innovative cooperation between the two countries, and also the implementation of big investment energy projects in Belarus...

Russia wants to develop new spacecraft together with Belarus
According to Peleng Director General Vladimir Pokryshkin, the meeting on the development of a new spacecraft was chaired by Belarus’ Vice Premier Vladimir Semashko. “We came to a conclusion that the new satellite should be developed together with our partners. It will be cheaper and will be in a greater demand,” he said...

Prospects of developing Belarus-Japan economic cooperation discussed in Tokyo
The sides discussed a broad range of Belarusian-Japanese cooperation affairs, including the advancement of the political dialogue, trade, economic, and investment cooperation...

Belarus to pay less than $130 per 1,000m3 of Russian natural gas
According to Arkady Dvorkovich, Gazprom will determine the final discount that will be applied to the contract price for natural gas for Belarus. “Taking into account the discount the price will be under $130,” specified the vice premier...

Belarus, Russia sign package of documents on oil, natural gas
The relevant protocols were signed by Deputy Prime Minister of Belarus Vladimir Semashko and Russian Energy Minister Alexander Novak in Moscow. Vice Prime Minister of Russia Arkady Dvorkovich told media that Belarus and Russia had signed a total of four documents...

Ten companies win Belarus Government Quality Excellence Award 2016
“It has been decided to name ten companies as winners of the 2016 award. Besides, the award has been given to 16 organizations that received it in previous years. One company will get a diploma. Another three will be honored with special prizes,” Andrei Kobyakov noted...

Belaruskali to make new kind of fertilizers using Chinese technologies
Belaruskali is considering a number of investment projects involving a Chinese chemical company for the sake of diversifying its manufacturing and building a new enterprise using Chinese technologies. He specified that negotiations are underway to create a new kind of products based on Belaruskali’s potash fertilizers...

Belarus to get more Russian oil starting April
In line with the signed documents Belarus will get a total of 24 million tonnes of oil per year. Vladimir Semashko specified that these are long-term arrangements that will last through 2024...

British investor plans to build solar power station in Stolin District
“We are currently thinking about signing an investment contract to the tune of over $34 million to set up a solar power station,” Anatoly Lis noted. The matter involves the company StolinSolar that has been registered in Stolin District this year...

Belarus, China’s Fujian mull over joint projects in machine building, electronics
Belarus’ Economy Minister Vladimir Zinovsky met with Governor of Fujian Province Yu Weiguo on 13 April to discuss promising cooperation avenues such as automobile manufacturing, electronics, production of construction materials, machine building and establishment of joint innovative enterprises in the Chinese-Belarusian Industrial Park Great Stone...

Russian government approves documents on trade in oil, gas with Belarus
The Russian government also approved the protocol on amendments to the agreement Belarus and Russia signed in 2011 to price natural gas deliveries to Belarus as well as its transit through Belarusian pipelines...

Belarus, Russia to discuss development of Earth remote sensing system in Belarus
The participants will consider new concepts and draft programs of the Union State, strategies to develop common scientific and technological space in the Union State and evolve the Earth remote sensing system in Belarus...

Turkey among largest direct foreign investors in Belarusian economy
“It is important to say about Turkish construction specialists who have successfully implemented a number of construction projects not only in Minsk, but also in other cities of Belarus. Considering the investments of the Turkish provider of telecommunication and technology services Turkcell, Turkey is among the leaders in terms of direct foreign investment in the Belarusian economy"...

Finland ready to increase investment in Belarusian economy
“We are ready to not only sell our technologies, but also invest in the development of the Belarusian economy and creation of new jobs,” Kai Mykkanen noted...

Belarusian technologies for making loaders in Russian Cherepovets
The agreement on cooperation was signed when a delegation of Russia’s Vologda Oblast visited Belarus. The document was signed by Director of Cherepovets Casting and Mechanical Plant Vladimir Boglayev and Director General of OOO Dorelektromash Yuri Tumakha...

Belarus takes part in construction of sports facilities in Kaluga ahead of FIFA World Cup
The Belarusian specialists will build an administrative building, a football field, utility buildings, water supply and drainage system, heating system, and power facilities. They will also perform landscaping works...

Makei describes cooperation of EaP, V4 countries in transport as important
In his speech at the plenary meeting Vladimir Makei emphasized the importance of closer cooperation between the Eastern Partnership Initiative participants and the Visegrad Group members in the transport industry, including through the realization of the idea of compatibility in the EaP region and the organization of thematic events in this field...

Belarus, Syria discuss expansion of trade, economic cooperation
According to Vitaly Vovk, the sides discussed to set up factories for the assembly of Belarusian machines and other devices. Belarus also started to export foodstuffs to Syria. The sides also discussed the export of medications for the treatment of chronic diseases to Syria...

Minsk Automobile Plant to supply 157 dump trucks to Syria
The vehicles will be supplied for the needs of the Syrian Public Works and Housing Ministry. The contract was signed during the visit of a Belarusian delegation to Syria...