Business news

MINSK, 11 April (BelTA) – A joint Belarusian-Hungarian company with the participation of Belkommunmash may be set up in Budapest, Hungary, Minsk Vice Mayor Alexander Krepak told a press conference on 11 April, BelTA informs.

“Mayor of Budapest Istvan Tarlos has showed interest in cooperation in transport. He has earlier visit the Belkommunmash company and commended the quality of their products. Hungary plans to send a working group to the company to consider the establishment of a joint venture in Budapest,” Alexander Krepak noted.

Minsk Mayor Andrei Shorets and Istvan Tarlos are expected to discuss this matter in detail at a meeting on 20 April during the Days of Minsk in Budapest (19-22 April).

According to Alexander Krepak, trial operation of Belkommunmash electric buses in Minsk and some Russian cities is good advertising for the company’s products. The introduction of eco-friendly public transport gets positive feedback. “For instance, St Petersburg is ready to discuss buying several vehicles for the city infrastructure after a certain trial period,” he added.

“Our companies plan to visit a large business forum in Hungary to present their products and opportunities. We have something to show there. A pavilion will also be arranged at the spring fair,” Alexander Krepak remarked. The Days of Minsk in Budapest will help exchange experience in urban economy. Talks will be held with Albacom company to set in motion the Smart City project which envisages sensors to track changes in water and electricity consumption, street lighting control, smart parking systems, and smart waste management. A visit will be made to the Budapest Central Wastewater Treatment Plant.

“Their metro network is 37.6km long and has 52 stations. With almost the same length, our metro has 29 stations. This is why we have a keen interest in exploring the local metro infrastructure,” Alexander Krepak clarified. He expressed confidence that the Days of Minsk in Budapest will provide plenty of opportunities for exploring new avenues of cooperation. In addition, the sides will learn more about the progress in the implementation of the projects launched under the 2016 agreement.