Business news

19 Feb 2021

Belarus, Russia sign agreement on transshipment of oil products
The agreement envisages the transshipment of more than 9.8 million tonnes of Belarusian cargoes via Russian Baltic sea ports in 2021-2023. These include fuel oil, petrol and oil...

19 Feb 2021

New timber harvester made by Belarusian Amkodor going through field trials
According to the source, the heavy timber harvester is designed to cut down trees, which trunks can be up to 75cm thick, and crosscut logs into timber assortments of specific sizes. The new machine has been made specifically for timber harvesting operations in Russia and other promising regions where tree trunks boast considerable thickness...

18 Feb 2021

New FEZ Vitebsk resident company to make components for agricultural machines
The project provides for retooling and upgrading manufacturing facilities, buying modern high-performance equipment. It will allow increasing the overall output by at least 50%, expanding the choice of tines and torsion spring tines, extension springs, and compression springs for agricultural machinery manufacturers...

18 Feb 2021

Opinion: Exchange trade helps Belarus diversify dairy exports
"At a time of high demand for food in the world, Belarusian dairy producers have all chances to carve out market share from EU and New Zealand manufacturers"...

18 Feb 2021

Belarusian MAZ presents new electric bus in Kiev
The new bus is powered by a 300kW CeTrax electric motor from the German company ZF. The motor boasts low electricity consumption. The bus can travel for 280-320km thanks to batteries with the capacity of 412Ah (285kWh). It takes from 4 to 6 hours to charge the batteries...

18 Feb 2021

Belarus to present over 150 defense products at IDEX 2021 in Abu Dhabi
The products on display will include grenade launchers, an automated meteoballistic complex, an armored personnel carrier equipped with a remotely controlled observation and fire complex ADUNOK, breadboard models of the multipurpose armored truck Zashchitnik and the armored recovery vehicle BREM...

18 Feb 2021

13 new resident companies set up in China-Belarus industrial park Great Stone in 2020
As of early 2021 the total number of residents amounted to 68 companies, which intend to invest $1.2 billion in their projects. Over 1,000 jobs have been created, with the average salary the resident companies pay twice as high as the country’s average...

17 Feb 2021

Belarus’ GDP up by 1.3% in January 2021
According to initial estimates, the GDP amounted to Br12.2 billion in current prices, up 1.3% in comparable prices over January 2020...

17 Feb 2021

Bellesbumprom’s output 4% up in 2020
Despite the complicated market situation caused by quarantine measures Bellesbumprom’s merchandise export rose by 5% to $608.5 million. In 2020 Bellesbumprom’s export geography expanded to 70 countries...

17 Feb 2021

Belarusian commodity exchange seeks closer cooperation with Volgograd Oblast of Russia
Opportunities for the use of the exchange mechanism in trade were considered during an online conference organized by the Russian Trade Mission in Belarus and the Export Promotion Center of Volgograd Oblast...

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