Business news

Belarus, Lithuania discussing high-speed rail service project
“Top on the agenda of the talks is the project to launch high-speed passenger service between Minsk and Vilnius, electrification of the railway section Molodechno-Gudogai-state border-Kena- Naujoji Vilnia"...

Gazprom transgaz tops Belarus’ taxpayers list in 2014
Gazprom transgaz Belarus tax payments accounted for 4.9% of the total budget tax revenues in 2014. OAO Belaruskali goes second accounting for 3.8% of the budget tax revenues...

Investment in Belarusian nuclear station construction ahead of plans in 2014
The work on building the Belarusian nuclear power plant in 2014 followed the schedule, noted the Press Secretary. Construction workers worked to build 68 installations...

Belarusian nuclear station launch timeline unchanged
The amendments to the agreement will allow the sides to share information required for the development of design documents and the creation of physical safeguards...

Belarus intends to double export of electricity in 2015
"If everything goes as we hope, we will export 1 billion kWh of electricity in 2015. In 2014 Belarus exported about 500 million kWh"...

Belarusian MZKT showcases latest products in Abu Dhabi
According to the source, visitors of the expo are welcome to see the latest products in the MZKT 6001 family in the company’s booth during the 12th international expo of armaments and military technology IDEX 2015...

Grodno Oblast, Komi Republic intend to cooperate in woodworking
The government of the Komi Republic is ready to present Grodno Oblast more concrete proposals from business. Among them, first of all, are the projects in woodworking projects to establish joint production facilities, to process wood and manufacture products including for export...

Belarus to take part in WorldFood and Caspian Agro expos in Azerbaijan
The Belarusian exhibition will be presented by three island stands decorated in national style. The total area will be 232 square meters...

UAE seen as platform for re-export of Belarusian goods to third countries
The UAE is the main partner of Belarus among the Arab states of the Persian Gulf...

Belavia, Scandinavian Airlines sign multilateral agreement
The agreement on the mutual recognition of transportation documentation gives a company the right to use its own printed forms while organizing transfers via the routes of the partner company...

Belarus invites India to develop roadmap for bilateral relations
"Belarus is interested in expanding trade, economic and other ties with India and proposed to develop a roadmap which will serve as a long-term instrument in bilateral relations"...

Belarus to give momentum to China-Belarus industrial park project
It was noted that the China-Belarus industrial park is a landmark project for bilateral cooperation. Therefore, the Belarusian side is interested in its acceleration, especially in terms of creating the internal infrastructure and attracting residents of the park...

Russia to supply 12 Mi-17 helicopters to Belarus
Russia and Belarus signed a contract for the delivery of 12 Mi-17 helicopters during the international defense technology expo IDEX 2015...

Latest Belarusian furniture products on display in Uzbekistan
In 2014 for the sake of diversifying target markets Bellesbumprom and the enterprises worked to establish new contacts in Uzbekistan and find buyers. As a result, the first batches of furniture, timber and sawn timber were supplied...

Belarus to start making 140 medications in 2015
Belarus-made medications are identical to imports in all parameters and are available at lower prices. The average weighted price for a Belarus-made pack is $1.36 while an imported pack costs $4.72...

Belarus to partake in IDEX defense expo in Abu Dhabi
The expo will showcase the most advanced solutions in the defense industry. Twelve pavilions occupying a total of 133,000 square meters will demonstrate the latest in weapons, ammunition and hardware...

Official delegation of Russia’s Penza Oblast to visit Gomel
The visit will begin with talks between the leaders of the Belarusian and Russian regions in the Gomel Oblast Executive Committee...

Marubeni Corporation considering expanding cooperation with Belarus in chemical industry
Marubeni is participating in the project at Mozyr Oil Refinery to build a unit for hydrocracking of heavy oil residue...

EBRD invites Belarusian banks to expand cooperation
According to Suma Chakrabarti, the EBRD is interested in providing more finance to Belarusian SMEs via the banking industry...

Penza Oblast interested in Belarusian elevators, farm machines
Russia’s Penza Oblast would like to bolster interregional cooperation in all areas. First of all, it is eager to develop the economic cooperation and strengthen the ties between production enterprises, set up a number of new joint venues, improve the logistics, and expand the bilateral trade...