Business news

Belarus, South Korea to bolster cooperation in IT
The sides reaffirmed the interest in the development of trade, economic, and investment cooperation, stepping up interaction in information and communication technologies, expansion of business contacts between the countries...

Hungarian OTP Bank interested in cooperation with Belarus
The relevant ideas were discussed during the meeting of Prime Minister of Belarus Andrei Kobyakov and OTP Bank Chairman and CEO Sandor Csanyi on 24 May...

China’s Shandong Province may launch its projects in Great Stone Park
The matter was discussed at the meeting between Chairman of the State Science and Technology Committee of Belarus Alexander Shumilin and Vice Governor of China’s Shandong Province Wang Shujian on 24 May. First of all, these are projects in mechanical engineering, information and communication technologies...

Vienna plays host to Belarusian-European Investment Forum
The event has been organized by the BCCI, in cooperation with the Ministry of Foreign Affairs of the Republic of Belarus in accordance with the instructions of Prime Minister Andrei Kobyakov. The Belarusian delegation is led by First Deputy Prime Minister Vasily Matyushevsky....

Austria invited to use Belarus as gateway to EEU
"We hope that the preferences the Belarusian government offers foreign investors will help Austrian companies choose Belarus as production area for the economic expansion to the EEU,” Vasily Matyushevsky noted...

Belarus, Turkmenistan identify mechanisms to boost trade
Mechanisms for boosting the trade between Belarus and Turkmenistan were identified on 23 May during a meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Turkmenistan Oleg Tabanyukhov and Turkmen Minister of Trade and Foreign Economic Relations Dovran Orazmyradov...

Belarus, Vietnam mull over joint assembling of MAZ passenger vehicles
Prospects for setting up a joint company to assemble passenger vehicles of Minsk Automobile Plant (MAZ trademark) were discussed at the meeting of Belarus’ Ambassador to Vietnam Valery Sadokho with representatives of the Vietnamese Corporation SAMCO...

Core equipment for BelNPP to be delivered in 2016-2017
In 2016, the work on the first power-generating unit will include the beginning of the assembly of the reactor vessel, turbine, steam generators, and electrotechnical equipment and the welding of the main circulation line. As for the second power-generating unit, the construction of the main buildings and facilities will continue...

Belarus-EU investment forum kicks off in Austria
The forum will feature the presentation of the investment climate and potential of Belarus, its free economic zones, Great Stone Industrial Park, Hi-Tech Park///

WB mission holds land registry, real estate seminar in Minsk
“The event will focus on possible changes and the development of the cadastral evaluation system in Belarus, formation of the real estate basis and collection of information, possible changes in the taxation system"...

Belarus ready to help Cuba establish modern TC, computer systems
The Belarusian Prime Minister stated that the trade between Belarus and Cuba is constantly growing. In 2015 it amounted to $67.3 million, which is one and a half times more than in 2014...

Belarus, Russia to design more compact satellites
“In five years our efforts should result in products that will be utilized by the aerospace industry. They will allow increasing its competitive ability and effectiveness”...

Over 250 scientists from ten countries taking part in mass, heat transfer forum in Minsk
Oleg Penyazkov, Director of the A.V. Lykov Heat and Mass Transfer Institute of the National Academy of Sciences of Belarus, told media that the items on the agenda of the forum are directly related to problem solving in the power engineering industry, space industry, and the description of complicated natural processes...

Investment documents worth $300m signed at Gomel Economic Forum
The agreements and protocols of intent were signed by Chairman of the Gomel Oblast Executive Committee Vladimir Dvornik and representatives of business from China, Russia, Ukraine, Austria, Germany, and Belarus...

Slovakia plans to invest in timber industry in Gomel Oblast
Ambassador Extraordinary and Plenipotentiary of Slovakia to Belarus Jozef Migas said prior to the plenary meeting of the Gomel Economic Forum...

Participation of Riga business in Minsk City Technopark projects welcomed
Minsk City Technopark signed agreements with two Latvian partners: Latvian Technological Center and Business Development Incubator in Riga Region...

Belarusian defense products on display in Kazakhstan on 2-5 June
In particular, the Belarusian stand will feature a modernized air defense missile system Osa, the Optima-3.2 station for jamming GPS and GLONASS-based navigation systems, and dummy models of radar stations...

Belarus, Cuba mull over delivery of machine-tool equipment
The sides discussed topical issues of the Belarusian-Cuban industrial cooperation. They paid special attention to the delivery of Belarusian machine-tool equipment to Cuba...

Gomel Economic Forum gathers record high number of foreign participants
Among foreign participants of the event are official delegations, members of embassies, workers of banking and financial establishments, businessmen. Interest in the forum has been showed from highly developed countries...

Belarus, Czechia outline new promising cooperation areas
The meeting was chaired by Belarus’ Deputy Minister of Foreign Affairs Yevgeny Shestakov and Czech Deputy Minister of Industry and Trade Jiri Koliba...