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Business news

10 Feb 2020
Inflation in Belarus at 0.9% in January Inflation in Belarus at 0.9% in January
Prices for foods rose by 1.1% from December 2019...
10 Feb 2020
Belarusian steel mill BMZ ups deliveries to Africa by 80% Belarusian steel mill BMZ ups deliveries to Africa by 80%
As far as regional distribution is concerned, countries of the European Union and Russia were the top export destinations in 2019. Africa came third with a share of 14.5%...
10 Feb 2020
Belavia considering low-cost flights from regional airports Belavia considering low-cost flights from regional airports
"We are considering low-cost business models for Belavia. We have appropriate aircraft and regional airports that are able to offer them low tariffs"...
10 Feb 2020
Governments of Belarus, Russia to discuss nuclear power plant construction loan terms Governments of Belarus, Russia to discuss nuclear power plant construction loan terms
“The governments are also supposed to hold negotiations to discuss terms of the loan on financing the nuclear power plant construction project. Taking into account the certain shift of the deadlines that has already happened”...
7 Feb 2020
Belarusian steel mill BMZ now sells products to Poland via commodity exchange Belarusian steel mill BMZ now sells products to Poland via commodity exchange
As much as 2,000 tonnes of steel reinforcing bars made by BMZ and worth €731,000 was sold to Poland in two trade sessions (in December and January)...
7 Feb 2020
IMF mission to visit Belarus on 19-30 March IMF mission to visit Belarus on 19-30 March
"This will be a regular annual mission who will come for the Article IV consultations”...
7 Feb 2020
F. Hoffmann-La Roche AG shows interest in cooperation with Belarus F. Hoffmann-La Roche AG shows interest in cooperation with Belarus
The parties discussed possible areas of mutual cooperation and prospects for joint projects in healthcare...
6 Feb 2020
EBRD to develop new country strategy for Belarus by year-end EBRD to develop new country strategy for Belarus by year-end
"It will apply to the period from 2021 to 2025 and will describe the main areas of work on the policy of reforms and our investments"...
6 Feb 2020
BelGee to make 28,000 cars in 2020 BelGee to make 28,000 cars in 2020
"For example, BelGee made and sold more than 20,000 cars in 2019. This year the company plans to expand its output. The goal for 2020 is 28,000 cars"...
6 Feb 2020
U.S. Department of Commerce starts Belarusian market economy review U.S. Department of Commerce starts Belarusian market economy review
Within one month parties concerned are expected to submit their comments about various aspects of Belarus such as foreign currency operations, investment regulations, employment relations, state property, and progress in negotiations on joining the WTO...
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