Business news

31 Jul 2020

Minister: Belarus offers attractive conditions for investment
Given the high competition for investment worldwide, Belarus continues to improve its national investment legislation...

31 Jul 2020

Belarus’ central bank expects prices to grow more slowly
According to Sergei Kalechits, the intensity of inflation processes is going down thanks to a number of factors...

30 Jul 2020

BUCE, Miory Rolling Mill team up to export tinned iron
"Ours is an export-oriented enterprise. Scandinavia looks like the most interesting market for us. First of all because of the favorable price situation and the steadily high demand for tinned iron"...

30 Jul 2020

Belorusneft-Osobino eager to export more food to Asia
The first batch was shipped to China in January 2020. A number of other shipments followed. The Chinese partners are primarily interested in chicken feet, various wing parts. The enterprise is working on contracts to sell more of other kinds of products, too...

30 Jul 2020

Every upgraded installation at Belarusian Naftan produces economic effect
"The environmental factor and import substitution are important. We will actually substitute raw materials, which are bought to make fertilizers, with Naftan products"...

30 Jul 2020

Central bank: No imbalances in Belarus’ macroeconomic policy
Over the past five years the National Bank in collaboration with the government has been pursuing a policy that seeks to maintain price stability and a macroeconomic balance...

30 Jul 2020

Belarusian oil refinery Naftan commissions elemental sulfur production plant
The elemental sulfur production plant will utilize the hydrogen sulfide the other plants of the enterprise will feed. It will reduce Naftan’s emission of pollutants by 14,000 tonnes per annum...

30 Jul 2020

Over 2.1m tonnes of grain harvested in Belarus
As of 30 July, grain and leguminous crops were harvested on the area of 568,200 hectares, or 25.9% of the plan...

29 Jul 2020

Belarusian tractor factory MTZ resumes deliveries to Zimbabwe
A total of 130 MTZ-820 tractors in several shipments have been sent to Zimbabwe already. The company intends to honor all the commitments as part of the contract by the end of August by delivering over 300 tractors...

29 Jul 2020

Belarus sells $5.1m worth of timber to China via commodity exchange in 2020
"Until recently, the lion's share of domestic timber was delivered to China indirectly, mainly through the Baltic countries. This inflated prices of goods for the end consumer, and our exporters, in turn, they lost part of their foreign exchange earnings"...

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