Business news

21 Mar 2017

Belarus, Oman discuss priority areas in economic cooperation
The Belarusian Minister of Foreign Affairs emphasized the need to promptly form an intergovernmental mechanism of cooperation between Belarus and Oman in the format of a joint committee and sign the corresponding bilateral agreement. The Vice Premier said that Oman will undertake necessary steps in the near future...

21 Mar 2017

Kronospan to invest more in woodworking operation in Belarus
Processing more wood, making more merchandise and exporting it is the idea. In 2017-2018 alone Kronospan intends to invest extra $211 million in its enterprises in Belarus. About 120 new jobs will be created...

21 Mar 2017

Belarusian Belmedpreparaty to make Pfizer medications
According to the source, Pfizer inspectors visited Belmedpreparaty recently to explore possible cooperation options. As part of one cooperation scheme Belmedpreparaty can make medications that will be sold in European countries...

21 Mar 2017

Lukashenko promises tight control over pricing in Belarus
Another important issue that needs to be settled is the need to raise wages and employment. “Jobs at new enterprises are very important for us. These can be small enterprises employing 3, 5, 10, 15, 40, 50 people. It does not matter. Such enterprises will create jobs. Besides, I am absolutely not against if new manufactures are created at old production facilities"...

21 Mar 2017

Social construction projects in Great Stone Park to be launched in June
“I would like to note that we have fulfilled all the tasks set forth by the President of Belarus concerning the development of the industrial park, the construction of the engineering infrastructure. However, we still need to do more – attract investments and residents to our park,” said Anatoly Kalinin. He added that the park offers all necessary infrastructure for any investor to come...

21 Mar 2017

Lukashenko predicts boom for IT sector in Belarus
The president remarked that Belarus is attractive to investors due to the workforce potential and high educational level. The country has created the conditions for the development of different sectors, from woodworking industry to IT...

21 Mar 2017

Belarusbank named best bank in Belarus by Global Finance
The winners were decided by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. In selecting these top banks, Global Finance considered such factors as the growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products...

21 Mar 2017

Polish delegation to visit Vitebsk Oblast
Poland is showing interest in establishing business contacts with companies of Vitebsk and Orsha. The program of the visit will include business meetings with company managers and local authorities. The business trip will include a tour of the region’s companies with a view to establishing mutually beneficial cooperation...

20 Mar 2017

Minsk to host Belarus-Italy business forum on green economy 24 March
The forum will feature Italy’s latest achievements in the use of renewable energy, waste treatment, air quality improvement, energy efficiency of the economy and the implementation of the smart city concept. The forum will also highlight the potential of financing green economy projects suggested by big private banks and international financial institutions...

20 Mar 2017

Belarus, Bosnia and Herzegovina to step up political, trade and economic cooperation
The matters were discussed as Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Igor Petrishenko met with Ambassador Extraordinary and Plenipotentiary of Bosnia and Herzegovina to the Russian Federation Mustafa Mujezinovic...

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