Business news

4 Jan 2022

Lukashenko unhappy with performance of construction industry
"No construction means no development of the country. It is an axiom, and it is clear to everyone, especially to you, who have been working in the construction sector for a long time. If we take a look at the performance of the construction industry last year (I have the data as of the end of November, maybe something changed in December), I can say that there is not much to be happy about"...

3 Jan 2022

Prices for industrial timber keep declining at Belarusian commodity exchange
According to BUCE analysts, the downward price trend was facilitated primarily by the annual auctions in timber , with 60% of the planned annual volume put up for sale, rather than 40% as in previous years...

3 Jan 2022

Lukashenko urges to create more jobs in Minsk satellite towns
Aleksandr Lukashenko announced his plans to visit Dzerzhinsk in the spring. “It should be a pilot regional project, especially for Minsk. We need to spruce this town up and create additional jobs there, if necessary,” he stressed...

31 Dec 2021

Chambers of commerce of Belarus, Iran committed to cooperation
During the meeting, the parties expressed interest in mutually beneficial cooperation, presented the economic potential of the regions and agreed to exchange business proposals of Belarusian and Iranian business...

31 Dec 2021

BelNPP's first unit generates over 6bn kWh of electricity
Since it was connected to the power grid in November 2020, the first unit of the Belarusian nuclear power plant has generated more than 6 billion kWh of electricity, which made it possible to replace 1.7 billion cubic meters of natural gas, Belarusian Deputy Energy Minister Mikhail Mikhadyuk said in an interview with the Belarusian radio...

30 Dec 2021

Belarus’ economic targets for 2022 outlined
The decree on the most important parameters of the country's development in 2022 that the head of state signed in early December covers the qualitative components of GDP: export, investment, revenue...

30 Dec 2021

Belarusian commodity exchange welcomes first company from Pakistan
The arrival of the Pakistani trading enterprise at the Belarusian commodity exchange was the result of close cooperation between BUCE and the Embassy of Pakistan in Belarus, which assisted in organizing a visit of a Pakistani business delegation to Minsk in October this year...

29 Dec 2021

Putin: ‘Belarusian economy is in good shape’
The president stressed that Belarus is a reliable partner for Russia not only in terms of political relations, but also in terms of economy...

29 Dec 2021

Trade between Belarus, Russia’s Pskov Oblast up by 40.8% in January-October 2021
"In January-October, the trade between Belarus and Russia’s Pskov Oblast amounted to more than $122 million, which was up by 40.8% year-on-year. Export totaled $74.8 million, up by 41%"...

29 Dec 2021

PM: Belarus’ export grows by over 30% in 2021
“While some European factories began to shut down over unaffordable energy prices, we feel comfortable enough, we keep working and meeting the demand for our products in various markets,” the prime minister said...

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