Business news

30 Dec 2015

Belarus president welcomes private sector’s involvement in nationwide charity action
“We have so many businessmen and just rich people, who are willing to share their kindness and wealth. They bring gifts to foster homes, boarding schools, and residential care homes. They visit elderly people and sick ones. This is the way it should be done in a real state. Then we will be afraid of no crises"...

30 Dec 2015

Belshina completes 2 investment projects worth over €70m
These projects aimed to launch the production of car tires with the rim diameter of up to 20 inches at the mass market tires plant and to carry out the renovation of the plant that makes large tires...

29 Dec 2015

Belarus sets quotas for foreign transport operators for 2016
Traffic passes will be issued to 45 nations. The number of truck permits issued to Georgia in 2016 will be increased in comparison with 2015 from 800 to 2,000. Other countries will get more as well. Azerbaijan will get 800 permits (up from 700), Bulgaria will take 6,700 (up from 6,300), Iran will receive 650 instead of 400...

29 Dec 2015

Belarus to reduce export duties on oil, oil products on 1 January
The export duty on crude oil will go down from $88.4 to $73.3 per tonne. The duty on straight-run gasoline will be reduced from $75.1 per tonne to $52 per tonne, with the export duty on commercial gasoline down from $68.9 to $44.7 per tonne...

28 Dec 2015

Procedure to remove restrictions in Belarus-Ukraine trade agreed
"The removal of the import duty will lift the existing tariff barriers that impede the access of Belarusian goods to the Ukrainian market. It will also create prerequisites for exporting more Belarusian products to Ukraine"...

28 Dec 2015

Belarus’ energy security concept approved
The document describes the global trends in the fuel and energy market development, threats and principles of ensuring energy security...

28 Dec 2015

Chinese money for home construction in Brest Oblast
In 2016 work to find new markets for construction services, including outside the oblast and the country, will be continued. With this in mind work is already in progress to open representative offices of Brest Oblast civil engineering companies in the Russian Federation (Moscow, Kaliningrad, and Smolensk)...

28 Dec 2015

MTBank named Belarus’ Bank of the Year 2015
“The decision to present the award to MTBank was made by an international panel of judges,” the press release reads. The bank got the title for the first time...

28 Dec 2015

Plans for Belarus-Serbia R&D projects contest unveiled
Applications for taking part in the contest are accepted from 28 December 2015 through 29 January 2016. The applications are supposed to cover priority avenues of Belarusian-Serbian cooperation...

28 Dec 2015

World Bank may increase its investment portfolio in Belarus
Relevant arrangements were discussed during a meeting between Belarus’ Deputy Prime Minister Anatoly Kalinin and World Bank Country Manager for Belarus Young Chul Kim...

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