Business news

19 Jan 2021

Belarus set to increase export of measuring equipment, laser devices to Japan
During the meeting, the parties exchanged their ideas on how to increase supplies of measuring equipment, laser devices and systems to the Japanese market...

18 Jan 2021

Belarus' GDP down by 0.9% in 2020
According to initial estimates, the GDP amounted to Br147 billion in current prices, or 99.1% in comparable prices as 2019...

18 Jan 2021

Belarus, Ukraine discuss national legislations
Representatives of the Economy Ministry of the Republic of Belarus, the Supreme Court of the Republic of Belarus and the Ministry of Justice of Ukraine held a productive discussion and exchanged views on various aspects of national legislations and law enforcement practices related to economic insolvency...

18 Jan 2021

Belarus’ commodity exchange unveils top exchange traders in Q4 2020
The rankings take into account the turnover and the number of transactions reported by exchange traders in the accounting period and are updated at the end of every quarter. "Vyksa Steel Works, one of Russia’s leading producers of welded steel pipes, was the most active seller in the metal products segment"...

16 Jan 2021

Belarusian paper mill Spartak upgrades wastepaper utilization
The investment project has been implemented with assistance of the state enterprise in charge of recycling secondary material resources. This enterprise allocated over Br16 million while Spartak appropriated Br0.7 million...

16 Jan 2021

Plans to assemble MTZ tracked tractors in Russia’s Bashkortostan
Assembled in Ufa, the MTZ tractors are fitted with navigation devices among other things and participate in a regional Bashkortostan subsidizing program...

15 Jan 2021

New FEZ Vitebsk resident company to make special hydraulic press equipment
The company operates in Polotsk and specializes in designing and making special hydraulic presses for general engineering enterprises, railway enterprises, and defense industry enterprises...

15 Jan 2021

Br268m spent by Belarus’ Development Bank to support private SMEs in 2020
A total of 1,168 projects were financed. Projects involving manufacturing accounted for 37.4% of the total...

15 Jan 2021

NBRB head: The banking system remains stable
"The sufficiency of the regulatory capital of the entire banking system stands at 17% while receivables are at 12.5%. We see a considerable safety margin that allows banks to not only operate steadily but provide support to our economy later on"...

15 Jan 2021

Belarusian light industry companies use BUCE exchange services to sell their products
“The most selling goods were fabrics, footwear, and personal protective equipment. We conducted the sales of these products in the industrial and consumer goods department. They were mainly sold domestically. Yet of some of these products were also sold abroad,” Roman Yaniv said...

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