Business news

13 Dec 2017

Lukashenko urges to look into feasibility of BelBiograd project
“Please think about it. I am ready to support your decision if you answer the following question: can we develop certain branches in the existing system? If we cannot, we will create a specialized facility”...

13 Dec 2017

Belarus president wants better labor productivity in agribusiness
Alexander Lukashenko remarked that a number of internal problems of economic and social nature continue to plague Belarusian agribusiness. The president believes the problems should be resolved through reliance on science. First of all, it is necessary to increase labor productivity, which remains twice as low as that in the European Union....

13 Dec 2017

Call to boost high-technology manufacturing in Belarus
“In recent years, the share of high-technology industries has grown insignificantly: from 2.5% in 2010 to almost 3% in 2016. The share of low-technology manufacturing still makes up more than a third of the real economic sector, going up from 30% in 2010 to 35% in 2016,” the head of state said...

13 Dec 2017

Belarus’ food security relies on new domestic technology
“We have not only become self-sufficient in this regard. We have become an export-oriented country (the share of exports of agricultural products and foodstuffs in merchandise exports amounted to 17.7% in 2016). For 10 years, agricultural production has expanded by 30%"...

13 Dec 2017

Belarus’ electricity imports down threefold due to energy system modernization
According to the head of state, the country saved up around two million tonnes of oil equivalent over the last five years. Belarus also saw a significant drop in air emissions...

12 Dec 2017

Russian Atomenergomash ships reactor lid for second unit of Belarusian nuclear power plant
The upper unit includes a lid with ducts, an air vent pipe and metal structures with a traversing bar. The shipped products weigh 130 tonnes...

12 Dec 2017

Belarus plans to sign agreements on cooperation in science with Spain, Austria, Argentina
"Belarus actively promotes cooperation in innovations and science with foreign countries: agreements on cooperation in science and technology have been signed with 46 countries, in innovations with more than 50 states"...

12 Dec 2017

Belarusian Amkodor to help Russia’s Bashkortostan master modern forest harvesting technologies
Amkodor has been the third largest seller of forestry machines in Russia since 2014 behind John Deer and Ponsse and ahead of Komatsu...

12 Dec 2017

Latvia interested in cooperation with Belarus in agriculture, forestry
"We have had two joint projects in the field of forestry which have been a success. We constantly cooperate with the NASB scientific organizations that are working on technologies for agriculture and food"...

12 Dec 2017

No plans to sell minority interest in Belarusbank development strategy till 2020
“We do not envisage the sale of a minority interest, 25% that we have discussed, to an investor in the strategy of bank till 2020,” Chairman of the Board of OAO Belarusbank Viktor Ananich said...

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