Business news

AirBaltic may open flights to Belarus’ regional airports
“The agreement envisages three flights per week from Riga to Minsk. If it is necessary to increase the number of flights on this market, we will discuss the possibility with Belavia,” Martin Gauss added...

MAZ vehicles made in Azerbaijan to be sold in third countries
The contract to assemble and sell in Azerbaijan of the entire lineup of MAZ trucks and MTZ tractors was signed in Minsk at the end of November 2006...

Belavia expects to get second Boeing 737-800 in March
The delivery of three new Boeing 737-800 aircraft will be part of the efforts to renew and expand the company’s aircraft fleet...

Belavia cuts all charter flights tariffs
“Having in mind various nuances and processes on the foreign currency market, we have even reduced tariffs for our partners in all destinations,”Director General of the national air carrier Anatoly Gusarov said...

Austrian bank extends $35m revolving credit line for Belarusian BMZ
During negotiations the two sides also discussed the performance of the Belarusian company in 2014 and plans for consequent years. The management of the Austrian bank declared its intention to continue cooperating with Belarusian Steel Works...

Belorusneft discovers new oil deposit in Gomel Oblast
Oil flow to surface was secured in the Rechitskoye field by drilling an exploration well 2,826-2,870m below the surface...

Liepajas Metalurgs eager to buy about 30,000 tonnes of BMZ products monthly
The Latvian side will visit BMZ to discuss all issues in detail within two weeks...

Latvia plans two business visits to Belarus in 2015
Face-to-face communication is always preceded by everyday work and permanent cooperation...

High Belarusian involvement in Belarusian nuclear station construction
"More construction companies have been invited to take part in the project"...

American project to build water treatment equipment factory in Belarusian Zaslavl discussed
During the meeting Vladimir Makei and Lawrence Bower discussed the commercial projects the American company is implementing in Belarus...

Belarus-made rock hauler BelAZ 75710 past 1m tonnes of rock
The 450-tonne BelAZ truck with its electromechanical transmission is a new promising product, the first model in the new class of dump trucks with an extreme carrying capacity...

Plans for Belarus-Japan-Korea robot technology project unveiled
“Robotics stands for technologies that comprise many areas. Software is necessary in order to create robots and Belarus excels at software development"...

Belarus-assembled Peugeot cars now available in retail
The automobiles are assembled by the Unison factory in the village of Obchak 10km away from Minsk. The automobiles will be sold via Peugeot’s and Citroen’s dealerships in Belarus...

Belarus to cooperate with Russia's United Aircraft Corporation to make aircraft components
“The main purpose of this integration is to get OAO 558 Aircraft Repair Plant to use its assets to make aircraft components"...

Market principles to regulate credit business in Belarus
Banks will have to provide loans on the basis of availability of real sources of funding without resource support from the National Bank...

Belarus suggests projects for Chinese-Belarusian Industrial Park 　
The participants of the meeting also exchanged opinions about the initiatives and projects that will be elaborated during the preparations for the visit of President of the People's Republic of China Xi Jinping to Minsk in May 2015...

Lukashenko relies on China’s support with export diversification
He emphasized that export diversification is very important for Belarus; therefore, the Foreign Minister and the government were tasked to ask China to give preference to Belarusian products provided the quality and the price are the same...

Lukashenko: The China-Belarus Industrial Park can earn billions
"If we implement the project, we will have no problems with the gold and foreign exchange reserves or with supporting the exchange rate of the national currency,” believes the head of state...

Lukashenko: Trade wars in the Eurasian Economic Union cannot be allowed
“Economy will remain the foundation of our future actions, maybe in the political and military political sense, too,” said the head of state...

Belarusian MTZ eager to resume deliveries to Iraq
“An Iraqi delegation led by President of the Federation of Chambers of Commerce of Iraq Jaafar Al-Hamadani visited MTZ some time ago. Representatives of the Iraqi side mentioned the strong interest in MTZ products and suggested setting up an assembly enterprise in Iraq"...