Business news

23 Feb 2023

Belarus' central bank to reduce refinancing rate to 11% on 1 March
The interest rate on overnight loans will be decreased from 12.5% to 12%, with the interest rate on overnight deposits down from 10.5% to 10% per annum...

22 Feb 2023

Belarusian Railways, Great Stone park discuss rail container transportation
During the meeting, the parties discussed the current status and prospects for cooperation and spoke in favor of closer practical cooperation in the context of an increase in the output and cargo transportation by resident companies of the China-Belarus Industrial Park Great Stone...

22 Feb 2023

Seven resident companies registered in China-Belarus industrial park Great Stone so far this year
Existing companies did well in 2022. Their output rose by 1.5 times, export by 1.3 times, earnings from sales by 1.9 times, net profit by 2.4 times. Taxes, dues, and fees paid to the state budget and extrabudgetary funds rose by 2.2 times...

22 Feb 2023

Belarusian BelAZ celebrates 220-tonne truck’s 2,000 production milestone
Haul trucks with the carrying capacity of 220 tonnes are a top seller. For several years BelAZ has been occupying half of this segment of the world market...

22 Feb 2023

Belarusian brands showcased at Gulfood expo in Dubai
The exhibition features twelve Belarusian companies. The Belarusian exposition covers the total area of 96 m2. The Belarusian stands broadly display the export potential of Grodno Oblast enterprises included in Grodnomyasomolprom Holding Company...

22 Feb 2023

Renewables exceed 8% in Belarus’ fuel and energy mix
The installed capacity of renewable energy facilities in Belarus over the past nine years has increased fivefold: from 120MW to 608MW at the end of 2022...

22 Feb 2023

Main priority in Belarus’ foreign policy outlined
In 2022, Belarus secured a certain increase in physical volumes of export, including trucks, televisions, metal structures, petroleum products, tires...

22 Feb 2023

MTZ products on display at international agricultural fair in Bulgaria
The fair covers all areas and branches of agriculture - from agricultural products and equipment to science, innovations and services...

22 Feb 2023

New company of China-Belarus Industrial Park Great Stone to specialize in logistics
The new resident company - Bel-Nord Logistics LLC - was founded by a Chinese company specializing in international logistics...

21 Feb 2023

Belarus, Iran to step up economic cooperation
Ways to step up trade and economic cooperation between Belarus and Iran were discussed during a meeting between Belarusian Minister of Antimonopoly Regulation and Trade Aleksei Bogdanov and Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Belarus Saeed Yari...

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