Business news

Analytical agency Gartner to present Belarusian IT industry’s accomplishments in USA, UK
“In 2010 in response to our request the agency suggested compiling an analytical report on Belarus for $250,000. Last year the agency contacted us upon its own initiative and the report has already been prepared"...

Russian, Ukrainian programmers eager to work in Belarus’ Hi-Tech Park
“Mainly guys from Ukraine and Russia come to Minsk these days to get jobs in the Hi-Tech Park. But they are not Indians, Philippines, or Vietnamese. Although there are some companies, for instance, a lot of folks from Western Europe would love to work in Game Stream’s World of Tanks project"...

Export by Belarus’ Hi-Tech Park 21% up in 2015
Export accounted for 91.5% of the Hi-Tech Park’s total output. In 2016 the figure stood at 46%. The top three exporters in 2015 were EPAM Systems, Game Stream, and IBA IT Park...

Foreign companies show interest in Belarusian pharmaceutical projects
The official paid a visit to the veterinary drugs company BelVitunifarm to discuss the progress in the implementation of an investment project to produce pharmaceuticals...

Belarus to increase tire supplies to KamAZ in 2016
The agreement was reached during the visit of the Belarusian delegation to Tatarstan. The Belarusian delegation comprised Chairman of Belneftekhim Concern Igor Lyashenko...

Brest Oblast, Kyrgyzstan regions mutually interested in joint ventures
“The distance between our countries is great. It is possible to set up joint milk-processing ventures right here and secure mutually beneficial accomplishments. We could start with the construction of dairy farms"...

Lukashenko urges to penetrate new sales markets
The head of state was informed about the fulfillment of his instruction to develop the enterprise, the industrial, economic and financial situation, and development prospects...

Belarus named Russia’s top trading partner in CIS again
The statement was made by Russian First Deputy Economic Development Minister Alexei Likhachev during the CIS economic forum “25 years together: New formats of interaction” in Moscow...

Belmedpreparaty set to boost output of antitumor drugs in 2016
The output capacity of the upgraded facilities is around 9.7 million units (ampoules and vials) per year. Last year, the enterprise manufactured Br400.5 billion worth of drugs...

Private sector invited to Belarus-Russia future technopark
The official reminded that Belarus and Russia have a long track record of joint R&D cooperation. In his words, over 40 projects have been implemented as part of programs of the Union State of Belarus and Russia alone, including projects in the space industry, supercomputers and other areas...

Mogilev Oblast, State of Texas, USA to advance partnership in trade, education, culture
The Texas Secretary of State was informed about opportunities for business and investment cooperation with Mogilev Oblast. The sides discussed avenues of mutually beneficial cooperation between Mogilev Oblast and the State of Texas...

Belarus-Poland water management cooperation agreement to be ready soon
“We have been working on the draft agreement on cooperation in water management for several years by submitting proposals to the competent Polish ministry and considering the ideas Poland has been coming up with"...

Belarus, Hungary need joint investment projects, advanced industrial cooperation
Vladimir Makei stressed that efficient trade is not enough for the productive development of the countries. This issue was on the agenda of the meeting with Minister of Foreign Affairs and Trade of Hungary Peter Szijjarto...

MAZ, MTZ, Belshina to deliver products to Egypt
The Belarusian-Egyptian business forum and a business matchmaking session involving representatives of the biggest machine-building enterprises from Belarus took place as well...

Oman interested in joint production of Belarusian freight, farm equipment
The meeting of Vladimir Koltovich with Minister of Trade and Industry of Oman Ali Al Sunaidy focused on the entire range of Belarus-Oman cooperation issues...

Baranovichi Cotton Production Association plans to double exports to EU in 2016
Last year, the company’s exports to Europe increased 4 times and amounted to about $1 million. Home textiles are shipped to customers in Germany, Italy, Scandinavia, the Baltic states and Poland...

Hungarian Ganz EEM ships pumps to Belarusian nuclear power plant
The Hungarian company is supposed to make a total of eight BPC-1800 pumps for the Belarusian nuclear power plant. The next batch of four pumps will be made by the end of the year...

Belarus, Hungary to step up cooperation in agriculture, food processing
The matter was discussed during the meeting between Belarusian Minister of Foreign Affairs Vladimir Makei and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto...

Kommunarka to launch confectionary exports to Canada, South Africa, Vietnam in 2016
Kommunarka supplies about 20% of its output abroad. Deliveries to Russia account for almost 80% of the total exports...

Belarus, Russia’s Chelyabinsk Oblast to bolster ties in industry, agriculture, construction
“It was noted that Belarus and Chelyabinsk Oblast of Russia have significant potential for the development of trade and economic relations in the field of industrial cooperation, agriculture, construction, passenger transport, road construction and pharmaceutics"...