Business news

29 Mar 2019

Minister: Raiffeisen Bank can become one of biggest lenders for Belarusian economy
Maksim Yermolovich views cooperation in the financial sector as exemplary. He noted that Priorbank has long been operating in Belarus. Priorbank’s major shareholder is Austria’s Raiffeisen Bank...

28 Mar 2019

Russian loan sufficient to finish building Belarusian nuclear power plant
The deputy energy minister reminded that the Russian loan can be as large as $10 billion and can cover 90% of the construction cost while Belarus is supposed to cover another 10%. The terms were specified when the construction of the Belarusian nuclear power plant began...

28 Mar 2019

Belarus invites Latvia to cooperation in IT, biotechnology, healthcare
“We have good experience in the field of high technology, products that are competitive in world markets, and we are ready to cooperate in areas of mutual interest to our countries”...

28 Mar 2019

Estonians interested in Belarus’ industrial tourism
“Estonians who come to Belarus are first of all interested in industrial tourism. We visit such plants as Neman Glassworks, Belarusian tractor maker MTZ, BelAZ. I should mention that every year more and more Estonians visit Belarus”...

28 Mar 2019

Second runway at Minsk Airport to double passenger traffic
“In the last three or four years, the passenger traffic of the airport has risen by actually 2.8 times and is close to five million passengers a year. Such dynamics allows me to believe that we should aim for ten million passengers a year”...

28 Mar 2019

Lithuanian proposal to repurpose Belarusian nuclear power plant ‘ill-advised’
"From the technical point of view it cannot be implemented because we would have to redo virtually everything, destroy what has been done, and reject the equipment that has been delivered"...

28 Mar 2019

Belarus’ Gomel Oblast, India to cooperate in pharmaceuticals, food industry
The parties also discussed the possibility of allocating unused property in Gomel Oblast to Indian companies, including for coproduction with the third-country market in mind...

28 Mar 2019

Potential in place for Belarus to double electricity export
"It can be even higher than that under certain conditions. The potential will grow even larger once the nuclear power plant is commissioned"...

28 Mar 2019

Transport Ministry, EBRD team up to reconstruct 11 bridges in Belarus
“We intend to reconstruct existing bridges. It is a comprehensive project we intend to implement together with the European Bank for Reconstruction and Development,” the official said...

28 Mar 2019

UK retailer shows interest in cooperation with Belarusian producers
Kingfisher plc is a big European DIY retailer with about 1,300 stores across Europe. More than 30 Belarusian companies have showed interest in establishing cooperation with the foreign trading network...

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