Business news

Instructions given to create furniture cluster at Ivatsevichdrev premises in Brest Oblast
"It is necessary to set up a number of smaller enterprises around the main one. Together all the enterprises should work to secure the effective operation of the entire cluster"...

EBRD to publish draft strategy for Belarus for 2016-2019 in April
"It is early to say what projects will be included in the strategy and how many of them there will be until our Board of Directors adopts an official position. But I would like to note that the number of projects and amount of funding do not depend on the strategy but on the quality,” Francis Delaey stated...

Vietnam to adopt Belarus’ NPP construction practices
“We are deeply impressed with your achievements, how good you went through the preparatory period ahead of the construction and the organization of construction logistics,” said Chu Ngoc Anh...

German, Austrian firms may become Great Stone resident companies
The construction of the infrastructure of the Belarusian-Chinese Industrial Park Great Stone is underway. There are eight residents, big Chinese companies, which are ready to join the project. It is not only Chinese business that we invite,” said Vladimir Zinovsky...

Beryoza Cheese-Making Plant intends to supply products to Azerbaijan
“Azerbaijan has recently been showing interest in our products. We have not seen so many cooperation proposals and so many delegations from this country for a long time. Now we have a good opportunity for entering this market"...

Belarus plans to start assembling farm machines in Tajikistan in 2016
According to the Ambassador, the task set out for this year is to start joint assembling of agricultural machinery in the town of Hisor and to select a site for the assembly manufacture of Minsk tractors...

Russia’s Orenburg Oblast eager to buy Belarusian harvesters
"The Russian Federation government is now considering the inclusion of Gomselmash products into the Russian program on agribusiness support"...

Grodno meat factory to sell sausages to UAE soon
The Grodno meat factory and the American company Rastelli Foods Group have signed a contract worth $50 million. The contract provides for delivering Grodno-made products (beef and products made of it such as steak and sausages) to the UAE for the next four years...

No negative impact on Viliya and Neman rivers from BelNPP
"The possibility of contamination of the rivers with radioactive waste is excluded. First of all, the cooling system is closed-cycle, which means that all the outflows get back to the system after some treatment. Secondly, there will be protective barriers that will prevent nuclear waste from spilling into the ground water"...

Belarus to use nuclear power plant electricity domestically
"The nuclear power plant will be built to enhance our energy security. Since the prime cost of electricity generated by nuclear power plants is low, the overall competitive ability of our economy will be raised"...

Omsk Carbon to launch technical carbon production at FEZ Mogilev in 2016
The first technological line on the production of technical carbon will go operational at the end of the year. The investment project will be completed in November 2017

Belarusian Ministry of Foreign Affairs to focus on higher export potential
Vladimir Makei mentioned that sales of information technology products by Belarusian small and medium enterprises on foreign markets contained a lot of promise. Vladimir Makei also mentioned the demand for transport, tourism, medical, financial, and consulting services...

Belarus, Belgium to develop cooperation in e-commerce
“The parties expressed their intention to develop cooperation in mutual online promotion of products and services in Belarus and Belgium, and on the markets of other countries"...

Plans to set up Italian business incubator in Brest
"There is a mutual interest in intensifying contacts and more intensive development of the Italian Industrial District. For example, the Italian partners have proposed the establishment of a business incubator in Brest in order to make it easier for Italian companies to work on start-up projects"...

Belarus studying German biogas plant manufacturing experience
The sides are also expected to cooperate in improving the operational parameters of biogas plants and in other areas of mutual interest...

Iran plans to buy more Belarusian products
Ambassador Extraordinary and Plenipotentiary of Iran to Belarus Mohammad Reza Sabouri told...

Belarusian Domostroenie to sell more wooden houses to France
According to the source, interest in Domostroenie’s products has been rising in the last few years due to the growing global demand for environmentally friendly homes...

Belarus set to strengthen industrial cooperation with Japan
Valentin Rybakov said that Belarus is interested in maintaining the fruitful dialogue with Japan, establishing stable and long-lasting economic ties with big Japanese companies and corporations, and implementing large-scale infrastructure and manufacturing projects...

Project to set up Great Stone Park open for all partners
“It is important to prevent the creation of any dividing barriers when founding this industrial cluster. We have taken it into account since the very beginning. Our project is open for everyone and is not aimed against anyone", Belarus President Alexander Lukashenko said...

Belarus Development Bank, UNDP sign memorandum of understanding
“This memorandum is of much importance. It is for the first time in Belarus’ history that the UNDP has signed an official document with a Belarusian financial institution,” Chairman of the Board of the Development Bank Sergei Rumas stressed...