Business news

16 Nov 2015

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"...

16 Nov 2015

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”...

13 Nov 2015

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...

13 Nov 2015

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...

13 Nov 2015

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"...

13 Nov 2015

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...

12 Nov 2015

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...

12 Nov 2015

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"...

12 Nov 2015

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...

12 Nov 2015

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...

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