Business news

Belarus, Serbia to discuss prospects of military cooperation development
The source explained that on 16 November Belarusian Defense Minister, Lieutenant-General Andrei Ravkov went for a three-day visit to Serbia...

French company offers water supply management solutions to Belarus
Antoine Erout, Managing Director at Water Management International, Vinci Construction Group, said that the French company is interested in expanding its operations in the countries of Eastern Europe. It views Belarus as a point of entry to the market of the Customs Union...

Continuous modernization of state regulation named part of Belarus economic development model
"The key goal of the next five-year term is to raise the competitive ability of the economy for the sake of raising living standards and ensuring economic independence and social justice"...

Sub park for startups to be set up in Great Stone Industrial Park
“Today’s economy, including that of Belarus, is distinguished by its individual innovative manufacturing. I believe that here is the niche for the modern Belarusian entrepreneur to meet individual needs”...

Irish companies eager to implement mechanical engineering projects together with Belarus
The Ambassador of Belarus met with top executives of the Irish industrial and investment companies CRH plc, Pure Energy, Eaton Industries (Ireland) Limited to discuss concrete projects for trade and investment cooperation in the area of construction materials, renewable energy, and mechanical engineering...

Belarusian glass factory Neman boldly enters Pakistan market
The Neman CEO said that the Pakistani market is a promising one. At present Czech glass dominates the market, yet Belarusian products can provide decent competition...

Slonim spinning factory to export bulked yarn to Pakistan
“We have agreed with the Ambassador of Belarus to Pakistan to hold a big advertising campaign in Q1 2016. We plan to invite about 80 Pakistani companies to the embassy for a presentation of factories"...

Bellegprom mulls joint production of furnishing with Turkish partners
"At present we do not produce these goods in Belarus. There are no such companies in the post-Soviet space either. All the furnishing is bought abroad,” noted Nikolai Rogozhnik...

Belneftekhim signs $50m worth of contracts at investment forum in Turkey
Investment projects varying from $10 to $150 million were also presented by ten companies at the forum. Investment projects are mainly related to the increase of the output and further exports...

Poland ready to step up investment cooperation with Belarus
“We suggest cooperation in manufacturing food, chemical industry products. Poland views Belarus as a gateway to the east while Belarus can see Poland as a gateway to the European Union. We should work to find contact points and implement projects together"...

Additional preferences for investors in Belarus
These include the exemption from fines and penalties for the violation of the investment agreement terms and the possibility to pay in installments depending on the stage of the implementation of the investment project and the volume of investments...

Yesin: Belarus wants to see German investors in automotive and chemical industries
Ruslan Yesin, the deputy director of the department for foreign economic activity at the Ministry of Foreign Affairs, drew attention to the fact that there are 333 enterprises with the participation of the German capital and 77 offices of German companies in Belarus...

Belarus, Turkey intend to increase trade up to $1bn in 2016
Belarus’ Prime Minister Andrei Kobyakov noted that about 20 documents aimed at bolstering the economic ties between the two countries were signed during the Belarusian investment forum...

Hope for explosive growth in Belarus-Turkey relations
“Turkey is an open country for us but now we are exploring it in a new way"...

Belarus' Development Bank, Borsa Istanbul sign memorandum of understanding
The document was inked in the presence of Belarus’ Prime Minister Andrei Kobyakov during Belarus Investment Forum in Istanbul on 12 November...

Belarus' Development Bank, Borsa Istanbul sign memorandum of understanding
The document was inked in the presence of Belarus’ Prime Minister Andrei Kobyakov during Belarus Investment Forum in Istanbul...

Polish businessmen show interest in doing business in Belarus
“We are interested in developing cooperation in the areas of high innovative technology, education and tourism, establish closer cooperation between youth and public organizations. I am sure it will promote economic growth”...

Boeing finances visual concept for Belavia’s rebranding
“It is an expensive thing. Some of the money will be spent on developing the brand. This is money allocated by Boeing. The brand will be later promoted at the expense of the air carrier”...

Belarus ready for broad manufacturing cooperation with Turkish companies
Andrei Kobyakov also stated that Belarus sees prospects for cooperation in the area of light industry, construction materials production, agribusiness, transport, logistics, and communications...

Kobyakov: Turkey can become a key springboard for Belarusian export
"Belarus has something to offer to Turkish partners. The country produces a wide range of goods: from integrated circuits to dump trucks"...