Business news

Russian Atommash assembles in-vessel devices for Belarusian nuclear power plant reactor
The in-vessel devices include multiple products ranging from the 11-meter-long shaft hull to small parts such as witness samples. A total of about 300 various elements can be installed inside the reactor vessel...

Bangkok to host Belarusian-Thai business forum 17 March
It will take place during the official visit of a Belarusian parliamentary delegation led by Vladimir Andreichenko, Chairman of the House of Representatives of the National Assembly of Belarus, to Thailand from 14 to 18 March...

BelAZ, MAZ plan supplies for Indonesia’s biggest mining company
BelTA learnt from the press service of the Belarusian Ministry of Foreign Affairs following the working trip of Belarus’ Ambassador Extraordinary and Plenipotentiary to Indonesia Vladimir Lopato-Zagorsky to Mataram, the Indonesian province of West Nusa Tenggara...

Belarus-Egypt trade commission to sit in Cairo 14-15 March
The Belarusian delegation will be led by Trade Minister Vladimir Koltovich. The delegation of Egypt will be headed by Minister of Trade and Industry Tarek Qabil...

Belarus, Lithuania eager to transport more cargoes via Klaipeda port
“We transship chemical and mineral fertilizers, oil products, metal products, mineral products, and solid mineral fuel. Chemical and mineral fertilizers represent the bulk of the Belarusian cargoes (71.7%)”...

Plans for Belarusian-Lithuanian economic forum in Lida in May unveiled
“We expect Belarusian and Lithuanian exporters to take an active part in specialized international expos and fairs in Belarus and Lithuania,” said the Ambassador...

Ways to attract British companies to Belarus discussed in Minsk
The Ambassador invited Vladimir Koltovich to attend an investment forum to be held in London in May 2016...

Turkish company to build soda ash plant in Gomel Oblast
The project was discussed at a meeting between Belarus’ Deputy Prime Minister Anatoly Kalinin, Gomel Oblast Governor Vladimir Dvornik and executives of the Turkish company...

NASB project to find promising shale gas, oil extraction areas in Belarus ready
“The program is designed to find these natural resources, which can be found deep below the ground and require special technologies to extract. Such technologies have been in use in the USA for a long time but they are a new thing in Belarus"...

Belarus aims for Doing Business Top 30 spot by 2020
“We have a concrete plan of 40 measures and indicators that will allow Belarus to reach the top 30 countries in the Doing Business report and possibly close to the top,” noted the official...

FEZ Minsk earmarks Br20bn for infrastructure development in 2016
Since the beginning of 2016, FEZ Minsk has seen an increased interest from investors. As many as four new investors got registered with the zone in January-February, while in 2015 there were just six of them...

German banks to help finance €200m steel mill construction in Vitebsk Oblast
The new metal factory will specialize in making tinned metal sheets. Those have many industrial applications including the production of packaging for the tinned food industry, aerosols, paints and varnishes...

Companies of Russia, Kazakhstan partake in Gomel construction expo
Economic entities of Belarus’ partner countries in the EEU have displayed modern building materials and technologies as well as new architectural, design and construction solutions. Partaking in the expo which is held in the oblast athletics stadium are over 50 companies and organizations...

Belarus debuts at Foodex Japan in Tokyo
The Belarusian national expo showcases the goods made by the Belgospishcheprom food concern, Lida Milk-Canning Factory, Lidakhleboprodukt bakery, the Belarusian Biathlon Club that has displayed products for a healthy diet, food enterprises of Mogilev Oblast and R&D solutions of the National Academy of Sciences of Belarus...

Belarusian-Russian venture fund to finance first projects by year end
The official noted that a draft presidential decree had been prepared in Belarus and had been approved by the government. In Russia the relevant decision has been made at the level of the Board of Directors of the Russian Venture Company...

Chinese companies show interest in Augustow Canal investment projects
It is expected that in 2016 Grodno will be visited by representatives of the tourist companies from the Chinese Province...

Belarus, Pakistan agree to bolster trade, economic ties
The parties signed a protocol to boost the cooperation between Belarus and Pakistan in trade, economy, standardization, certification, customs affairs, aviation, pharmaceutical industry, and agriculture...

Belarus-Pakistan Business Council to meet in Karachi 10-11 March
The Council will consider the issues of trade and economic cooperation between Belarus and Pakistan, organize talks with owners and heads of Pakistani companies, interested in establishing and expanding trade, economic and investment cooperation with the Belarusian business...

Belarus’ export to China exceeded $800m in 2015
"The Chinese side uses every incentive to encourage Chinese companies to buy more Belarusian agricultural products. The Chinese side also puts efforts into equalizing the trade balance between the two countries," Liu Xuesong said...

Belarus plans to bolster trade with Russia’s Bashkortostan up to $1.4bn in three years
"Belarus can offer high-quality equipment to Bashkortostan (including farm machines, logging, and road construction), products of the petrochemical industry, agriculture, and foodstuffs", Vladimir Semashko said...