Belarus: Omani businessmen seek cooperation with mechanical engineering companies

Omani businessmen show interest in establishing cooperation with Belarusian mechanical engineering companies, Chairman of the Belarusian Chamber of Commerce and Industry (BCCI) Vladimir Ulakhovich said. “Omani businessmen show interest in the flagship companies of our mechanical engineering industry. First economy class MAZ buses have already been shipped to this country. An agreement has also been…

Belarus: Belorusneft to sell engineering and advisory services to Oil India

The Belarusian industrial group Belorusneft has signed an engineering and advisory services contract with Oil India, the press service of the Belarusian company reported. Under the contract, Belorusneft will provide comprehensive technology-intensive services to rehabilitate the Digboi oil field, India’s oldest oil field. Industrial reserves of oil were discovered there back in 1889. As of…

Belarus: retail sales down in January-August 2016

Belarus’ retail turnover, including the public catering sector, went down by 2.9% YoY in January-August to 23.715 billion Belarusian rubles ($12.146 billion) in comparable prices, an official with the National Statistics Committee (Belstat) reported. Trade organizations accounted for 85.2%, and individual entrepreneurs and newly formed unitary companies accounted for the rest (14.8%). The trade turnover…

Belarus: Belarusbank teams up with Roseximbank to finance supplies of high-tech products

OAO Belarusbank jointly with Russia’s Roseximbank will provide special-terms financing for supplies of high-tech products from Russia to Belarus, the Belarusian bank said in a press-release. Operating as part of Russian Export Centre Group, Roseximbank has been financing Russia’s high-tech products facilitation program since 2015. The banks will provide documentary credit financing in support of…

Belarus: GDP down in January-August 2016

Belarus’ gross domestic product (GDP) reduced by 3% YoY in January-August to 60.8 billion Belarusian rubles ($31.1 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee reported. Industrial output in January-August fell by 1.8% YoY to Br51.5 billion ($26.3 billion). Farm output reduced by 2.2% to Br8.4 billion ($4.3 billion).…

Belarus: industrial output down in January-August 2016

Belarus’ industrial output decreased by 1.8% YoY in January-August to 51.528 billion Belarusian rubles (Br), or $26.325 billion at the official rate of the National Bank, the National Statistical Committee (Belstat) reported. Production of coke, oil products and nuclear materials reduced by 7.2% YoY in January-August to 7.58 billion rubles ($3.872 billion). The output of…

Belarus: machine-tool equipment to be supplied to Cuba

Ambassador Extraordinary and Plenipotentiary of Belarus to Cuba Alexander Aleksandrov and Cuban Minister of Heavy Industries Salvador Pardo Cruz discussed the deliveries of Belarusian machine-tool equipment to Cuba, the press service of the Foreign Ministry of Belarus reported. “During the meeting, the parties discussed topical issues of cooperation between the two countries in the field…

Belarus: planting campaign of rapeseed almost done

As of September 15, agricultural organizations of Belarus harvested 306.1 thousand tons of rapeseed with the average yield of 1.57 ton/ha. The harvested areas reached almost 195 thousand ha of the oilseed (92.4% of the plan).

In addition, agrarians planted winter crops throughout 476.3 thousand ha, or 35.4% of the plan. (APK-Inform/Business World Magazine)

Belarus: Panasonic launches TV-set production

Panasonic, one of the world’s largest manufacturers of consumer electronics, is launching TV-set production in Belarus, the company said in a press-release. Panasonic has considered several locations in other member states of the Customs Union, but has chosen Belarus as the best site in terms of quality, flexibility and production speed. Initially the company plans…

Belarus hopes for more vibrant investment cooperation with European companies

Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…

Belarus: Gomel hosts Belarusian-Finnish economic forum

Fifty representatives of Finnish companies from various industries took part in the Belarusian-Finnish economic forum on September 13, in Gomel, Director General of the Gomel department of the Belarusian Chamber of Commerce and Industry Marina Filonova reported. She mentioned high activity of Finnish businessmen who had sent many applications for participation. “It means that they…

Belarus: cooperation with Ecuador discussed

Belarus and Ecuador discussed their cooperation during the 71st session of the UN General Assembly, the press service of the Belarusian Ministry of Foreign Affairs reported. Belarus-Ecuador cooperation was in the spotlight at the meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Ecuador Igor Poluyan and Acting Deputy Minister of Foreign Affairs and Migration…

Belarus: Ambassador discusses cooperation prospects with Venezuelan companies

Belarus’ Ambassador to Venezuela Oleg Pafenov met with the heads of Venezuelan companies to discuss prospects for further cooperation. “The Ambassador held working meetings with heads of three assembly plants built by Belarusian specialists. The parties discussed the current issues related to the operation of companies and talked over the prospects for further mutually beneficial…

Belarus: winter grains sowing started

As of September 5, all regions of Belarus started sowing winter grains. According to Belarusian AgMin, 93.3 thousand ha or 6.93% of the plan have been seeded. Sowing progress is considerably faster than last year. As of the same date in 2015 60.6 thousand ha had been sown (4.9%) This year farmers plan to increase…