Business news

Belorusskie Oboi's export of paper, cardboard up 1.8 times in 2015
The press release of the press service reads that Russia and Poland were the major importers of paper and cardboard ($4 million and $1.3 million respectively)...

Belarus to attend World Economic Forum’s annual meeting in Davos
“Member of the Minsk Hub of Global Shapers Denis Kolga will take part in the annual meeting of the World Economic Forum in Davos on 20 to 23 January 2016. The forum will bring together heads of the biggest companies of the world, political leaders, outstanding scientists, and journalists”...

Germany buys Belarus-made firefighting equipment
“We are glad that the equipment designed by our scientists and manufactured by our enterprises is in demand abroad," Belarusian Emergencies Minister Vladimir Vashchenko said...

China-EU container shipping via Belarus up 1.4 times in 2015
“Belarus provides transit for cargoes going from China to European countries, including Germany, Poland and the Czech Republic,” specialists said...

Belarus, Russia to set up joint engineering center in machine tool industry
The decision to set up the center was passed during a recent joint session of the industry ministries of the two countries, Grigory Rapota informed. This idea is very promising...

Proposals to adjust Belarus’ five-year development program to be ready in January
The minister emphasized the social focus of the program and assured that even if subsidies for the real economic sector are cut, such areas as education and healthcare will not be affected. Low-income people and pensioners will be socially secured...

Belarus to debut at Foodex Japan in Tokyo
Belinterexpo invites Belarusian companies and organizations to take part in Belarus’ national expo at the 41st international food and beverage exhibition Foodex Japan in Tokyo. This will be the first time that Belarus will be represented at this prestigious international tradeshow which will be held from 8 to 11 March 2016...

Investment potential of Great Stone Park presented in Shanghai
Belarus’ Consul General in Shanghai Valery Matsel invited the participants in the forum to take part in investment projects in Belarus’ Mogilev Oblast and Gomel Oblast that have ties of friendship with Jiangsu Province...

Belarus’ OECD credit rating discussed in Berlin
The Belarusian delegation also met with representatives of the AKA Ausfuhrkredit GmbH specializing in exports financing. The parties discussed the prospects of further cooperation between Belarus and the German bank...

Belarus, EBRD discuss cooperation plans for 2016-2020
As part of the mission to work out a new EBRD strategy for Belarus for 2016-2020, First Deputy Economy Minister of Belarus Alexander Zaborovsky met with a delegation of the EBRD...

Belarus, Ecuador to set up joint venture to produce unmanned aerial vehicles
SSTC Deputy Chairman Pyotr Baltrukovich and Ambassador Extraordinary and Plenipotentiary of Ecuador to Belarus Carlos Humberto Larrea Davila discussed a number of promising hi-tech projects...

Belarus, EBRD set to increase number of joint infrastructure projects
The matter was discussed during the meeting between Belarus’ First Deputy Prime Minister Vasily Matyushevsky and a delegation headed by EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige...

Belavia signs interline agreement with Ural Airlines
“Now, the two airlines can sell tickets on each other’s flights. Ahead is further strengthening of mutually beneficial cooperation between our companies,” noted Igor Cherginets...

Belarusian Potash Company exports 9.2m tonnes of fertilizers in 2015
Belaruskali has reduced its output to the amount needed to satisfy the current demand, but now it is difficult to predict how the market will develop in 2016...

First 90-tonne BelAZ dump trucks put into operation in Vietnam
In the presence of Belarusian diplomats, the assembled dump trucks were tested at a coal pit in Quang Ninh Province for the first time. The vehicles will be tested in the coal pit over the next two months, and after that the Vietnamese side will decide whether to buy another batch of up to 100 dump trucks...

Mogilevliftmash, China’s Zoomlion jointly manufacture pilot batch of products
"The first pilot batch of products, including 40-tonne and 60-tonne truck cranes and a road-cleaning vehicle, has already been manufactured. The vehicles have MAZ chassis”...

Italy’s Parma seeks closer cooperation with Gomel Oblast
"The cooperation between Italy’s Parma and Gomel Oblast started 20 years ago and has changed a lot since then. The cooperation started with humanitarian projects and gradually added three new areas"...

Belarus to float $450m worth of forex government bonds in 2016
Bonds of the 204th issue (for legal entities and individuals to the total of $100 million) and bonds of the 205th issue (for legal entities to the total of $50 million) will be floated on 15 January...

Belshina to commission unit to make tires for heavy-duty dump trucks in 2016
The project will help Belshina expand its product range and boost the output of tires for Belarusian BelAZ dump trucks and vehicles made by foreign companies such as Komatsu, Caterpiller and others...

Belarus’ new social and economic program to be submitted to discussion
The program was developed in mid 2015. Since then the basic macroeconomic conditions have considerably changed. The document needs updating...