Business news

Coolant collectors for Belarusian nuclear power plant by year end
Petrozavodskmash is now busy making a batch of 18 coolant collectors. Each of the two power-generating units of the Belarusian nuclear power plant will need eight coolant collectors. The first one is nearly ready. The entire batch will be ready by the end of the year...

Belarus suggests development of mineral deposits to Pakistan
"Pakistan is busy developing major infrastructure projects, which include the development of mineral deposits. Belarus can offer the relevant experience and technologies"...

Lukashenko wants crops to be harvested faster
Belarus President Alexander Lukashenko believes that the harvesting campaign can be sped up...

Vietnam shows interest in Belarus’ industrial development practices
The parties also discussed social and economic development and its planning. The meeting touched upon a wide range of issues related to bilateral economic cooperation, including within the free trade zone between Vietnam and the Eurasian Economic Union...

Belarus, Pakistan to discuss business cooperation prospects 11 August
“Businessmen of the two countries will get an opportunity to discuss trade and economic cooperation as well as the ways to expand cooperation and implement joint projects in the most promising areas”...

Addenda to investment contract on Belarusian toll road system
The Transport and Communications Ministry intends to add more motorways to the list of toll roads in 2015. In particular, there are plans to introduce toll collection after a part of the M5 Zhlobin-Gomel motorway is reconstructed as well as for four-lane parts of the R23 Minsk-Mikashevichi motorway...

MTZ set to increase supplies of tractors to Pakistan
"We are determined to boost our sales and to start supplying assembly kits rather than ready-made tractors. We want to focus on assembling and closer cooperation"...

Belarus interested in Pakistani R&D in medicine, nature management
Scientists from the two countries plan to discuss cooperation in the development of laser technology and unmanned aerial vehicles...

Belarus, Pakistan mull over joint ventures
“We are interested not only in the supply of goods but also in setting up new companies, creating jobs and exchanging technologies”...

Belarus offers best practices to young Russian agrarians
"The event, during which vocational school students will be able to get some hands-on experience under the tutelage of qualified specialists, is of colossal importance"...

Furniture and woodworking association to be created in Belarus
The association of furniture and woodworking enterprises will unite furniture and accessory manufacturers and also woodworking companies that supply items to furniture producers...

Sixteen audits of Belarusian nuclear power plant in H1 2015
"The Republic of Belarus fully honors its international commitments in the field of nuclear and radiation safety"...

Lukashenko: Belarus will pay all debts without new loans within 5 years
Speaking about the payments on external debts, Alexander Lukashenko emphasized that the funds for such payments are included in the budget...

Lukashenko: No artificial supports for the Belarusian ruble
The President stressed that the need to devalue the national currency by 30% had been prompted primarily by external factors. Similar processes had happened in Russia, Kazakhstan, and Ukraine before that...

Belarusian MAZ busy designing electric bus
"So far we have managed to finish only the requirements specification but we understand that today it is necessary to rapidly make new products and find new target markets. This is why the project is supposed to be developed rather intensively. I think a prototype will be ready by spring"...

Belarus to fix balance of payments with IMF loans
“I am talking about the Extended Fund Facility created by the International Monetary Fund to resolve long-term problems concerning the balance of payments. The mechanism provides for relevant macroeconomic changes"...

Andreichenko: Belarus ready to provide Laos with export loans through DBRB
"Today the volume of trade between the two countries is relatively small. However, Belarusian manufacturers are interested in increasing their export to Laos. These include producers of farm machines, trucks, rock haulers"...

USA interested in Belarusian functional food
The National Academy of Sciences of Belarus welcomed a delegation of the United States House of Representatives led by congressman Dana Rohrabacher on 3 August...

Belarusian products at industrial trade show in Sochi
According to the source, 77 is the rough number of applications submitted by Belarusian enterprises. In his words, the total indoor exhibition area will be about 800m2...

S&P affirms its B-/B rating on Belarus Development Bank
“The ratings of the bank are equated with the ratings of Belarus, which reflects Standard & Poor's opinion on “almost unconditional” likelihood of extraordinary support from Belarus' government to the bank in all circumstances"...