Business news

12 Oct 2020

Belarus showcases its trade, economic potential in Turkish Eskisehir
Belarus offered a presentation of its trade and economic potential at the Eskisehir chamber of industry and commerce. The ambassador presented trade proposals of Belarusian economic entities interested in the supply of products to Turkey and the development of cooperation with the Turkish business...

12 Oct 2020

Fission chain reaction launched at Belarus’ nuclear power plant
“In line with the BelNPP construction schedule, the fission chain reaction was successfully launched in the first energy unit; the unit was brought to minimum control power (MCP),” the press service informed. Thus, the reactor has started its service life...

9 Oct 2020

Over 80 new resident companies registered in Belarus’ Hi-Tech Park
The new companies include residents with foreign capital established by representatives of Germany, Israel, Latvia, and the USA. The new companies also include six development centers of foreign corporations...

9 Oct 2020

Belarus wants first stage of EAEU’s common natural gas market creation finished in 2020
“We believe that the establishment of common energy markets in the Eurasian Economic Union while ensuring non-discriminatory approaches to pricing, tariffs, access to services of natural monopolies is a task of paramount importance for creating a genuine economic union”...

9 Oct 2020

Belarus in favor of increasing EDB’s role in EAEU
It is suggested that the Eurasian Development Bank and national development banks team up to provide credit support for projects that contribute to the integration...

9 Oct 2020

Belarusian engine maker MMZ buys equipment in Germany to upgrade manufacturing processes
Production modernization is one of the key avenues of development for MMZ. The company became a state scientific organization in spring 2019. Using the money the central state budget appropriated in 2020 to finance scientific, R&D, and innovative activities, the company bought new modern high-technology equipment in Germany: an ACCURA 2 bridge-type measuring machine from ZEISS and an industrial CT scanner phoenix v/tome/x c450 from General Electric. The equipment is unique in Belarus...

9 Oct 2020

Belarus revises power industry development plan through 2025
The new wording of the plan includes a set of measures to increase electricity consumption through 2025 and a list of investment projects to build peak-reserve power stations and install electric boilers...

8 Oct 2020

Container train with Belarusian products off to China
The train consists of 41 containers. The cargo is more than 2,000 cubic meters. Products will be delivered to the Qisumu station in China. The train will travel more than 7,000 km over 14 days. Beltamozhservice provides full logistics support in connection with China...

8 Oct 2020

FEZ Grodnoinvest resident to develop network of photovoltaic power stations
Skywatt registered as a free economic zone resident on 8 October. The main idea of the investment project is construct photovoltaic power plants with a total capacity of over 12MW within FEZ Grodnoinvest area. Investment will exceed €5 million...

8 Oct 2020

First batch of Belarusian fire trucks handed over to Mongolia
At the ceremony the Belarusian ambassador spoke highly of Belarus-Mongolia cooperation and mentioned that more joint projects relying on export loans might be implemented in the future. He underlined the particular importance of successfully implementing the first project for supplying Mongolia with Belarusian firefighting vehicles...

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