Business news

29 Dec 2020

Belarusian MAZ opens electric vehicle assembly enterprise in Zhodino
The enterprise will make various modifications of trolleybuses and state-of-the-art electric buses. It will be able to assemble over 300 vehicles per annum...

29 Dec 2020

Belarus saves some $750,000 per day on natural gas thanks to nuclear power plant launch
Roman Golovchenko pointed out that pilot commercial operation of the first unit is in progress now, with the reactor unit operating at roughly 75% of its output capacity...

29 Dec 2020

Favorable terms of Belarus-Russia oil, natural gas trade contracts emphasized
Speaking about natural gas arrangements, Roman Golovchenko mentioned the price Belarus will pay is very comfortable and virtually on par with 2020’s...

29 Dec 2020

Belarus to start producing Russian coronavirus vaccine by March
Speaking about the production volume he said that ‘there will be hundreds of thousands’. He added that this Belarus-Russia project benefits both countries in many ways...

29 Dec 2020

Belarusian light industry to tap into market of Russian Smolensk Oblast
Bellegprom’s representatives held a meeting with officials of the Russian regional administration. Smolensk Oblast Vice Governor Aleksei Streltsov hailed active efforts of the parties to develop ties between economic entities, to promote cooperation in training and retraining of personnel. He also noted mutual interest in the development of cooperation between OOO Russian Linen and Orsha Linen Mill...

28 Dec 2020

Minsk Bearing Plant completes 10-year-long retooling program
"The program was completed ahead of the great work to increase the output capacity, decommission outdated facilities, and bolster our competitive advantage on international markets thanks to innovative components"...

28 Dec 2020

Belarusian commodity exchange reports growing sales of meat products in January-November
As much as 52% of the total amount was provided by Belarusian manufacturers. Suppliers from the UK, Latvia, Lithuania, and Poland accounted for the remaining 48%...

28 Dec 2020

Aviation technology company presentation in China-Belarus industrial park Great Stone
A presentation of the company’s manufacturing and R&D site was arranged. The company focuses on designing and manufacturing unmanned aerial vehicles as well as multirotor and aircraft-type hybrid unmanned aerial vehicles (UAVs)...

28 Dec 2020

Belarus signs oil contracts for 2021 with Russian suppliers
The head of government expressed confidence that by the end of the year “absolutely all contracts for the supply of oil to Belarus will be signed”...

28 Dec 2020

Belarus’ inflation rate for 2020 expected at 6-7%
The head of government drew attention to the fact that this figure is above the planned 5%. “But I think that in the current circumstances this is not a failure but, perhaps, even an achievement, because the inflation did not go out of hand,” Roman Golovchenko noted...

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