Business news

6 Dec 2017

Information technologies in customs service to help increase Belarus’ foreign trade
The official said that the Customs Code of the Eurasian Economic Union (EAEU) welcomes such novelties as the introduction of information technologies and digital declarations. The document also provides for mandatory advance information sharing...

6 Dec 2017

Current status of EBRD’s country strategy for Belarus reviewed in Minsk
EBRD noted the highest level of interaction with Belarus in over 25 years of cooperation...

6 Dec 2017

WB projects Belarus’ GDP growth at 2.1% in 2018
"Russia’s moderate economic growth and grwoing prices for raw materials boosted commodity exports and revitalized the domestic business activity, especially in the manufacturing industry. The sector of services also gained momentum"...

6 Dec 2017

Belinvestbank, EBRD plan to implement pilot project to restructure state-owned enterprise
"The Bank plans to take part in this project as a manager. The project will be launched in a matter of months. “I think, we will begin to work in 2 to 3 months. We need some time to get the project approved in the government"...

6 Dec 2017

Belarus, Russia’s Vladimir Oblast to step up cooperation in energy sector
"The parties will discuss issues related to the intesification of regional cooperation in the energy sector, including the gas and peat industry, and also in the agro-industrial complex, housing and utilities services, construction, infrastructure"...

6 Dec 2017

Belinvestbank to get EBRD’s subordinated loan in mid December
"By mid December we expect a subordinated debt facility from the EBRD to the amount of €50 million. The funds will be used to increase the limit on major lending programs, including trade financing"...

5 Dec 2017

Belarusian newsprint mill starts selling newsprint to China
The company exports more than two thirds of the output. The main importers are China, Ukraine, Moldova, Hungary, Poland, Serbia, and Pakistan. In January-October 2017 the export growth rate totaled 113% as against the same period of last year...

5 Dec 2017

Minsk constructors ready for projects of any complexity in Russia’s Kursk Oblast
“Minsk is ready to offer construction services to Kursk Oblast. Our specialists are working in Russia and perform pretty well. This refers to housing construction, in particular. We have started building social facilities, for instance, schools in Oryol Oblast and Vladimir Oblast. We are ready to carry out construction projects of any complexity”...

5 Dec 2017

Chinese-Belarusian technology transfer center set up in China’s Shandong Province
The technology transfer center was established by the Yantai city science and technology office and the Belarusian National Technical University with a view to enabling Belarusian-Chinese joint research and innovation efforts and sharing accomplishments in the sphere of high technologies...

5 Dec 2017

German company starts making boring machines for second Belarusian potash company
Using the shaft boring roadheaders (SBR) to make shafts will be a unique approach for Europe. Such machines have been used only once in Canada. Core components of the SBR machines are being manufactured now. Certain parts are ready for assembly...

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