The Mogilev-based lift manufacturer OAO Mogilevliftmash intends to start making travelators in 2018, the company’s Chief Engineer Igor Frolkin declared. A prototype travelator (a moving walkway) has been made in association with Chinese partners. The product has passed electromagnetic compatibility tests in line with the relevant technical regulations on safe machines and equipment. Acceptance and…
Belarus and Egypt have agreed to set up an engine assembly plant. The matter was discussed during a visit of a delegation of Minsk Motor Plant led by Director General Igor Yemelyanovich to Egypt, the Belarusian embassy in Egypt reported. The Belarusian delegation visited the Ministry of Military Production of Egypt, large industrial companies specializing…
There are plans to increase the trade between Belarus and Tajikistan at least 10-fold, Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich declared. “For a start, we are capable of increasing it ten times,” said Vladimir Ulakhovich. In January-September the trade totaled $27.7 million, up by 2.29% YoY. The two states are…
Belarus’ Priorbank was named by The Banker magazine (UK) among the winners of the Bank of the Year financial award, the Priorbank press service reported. The world’s best banks were announced at an official ceremony in London. The experts evaluated financial organizations of some 150 countries. Priorbank was named the best bank in Belarus for…
The Bobruisk-based confectionery Krasny Pishchevik is exploring the possibility of exporting sweet goods to Israel, the exhibition company Belinterexpo of the Belarusian Chamber of Commerce and Industry reported. Products of Krasny Pishchevik made part of the Made in Belarus exhibition at the food products and beverages expo Israfood in Tel Aviv, Israel on November 28-30.…
Belarus’ largest bank Belarusbank may arrange an initial public offering (IPO) in 2019, First Deputy Prime Minister of Belarus Vasily Matyushevsky declared on November 29. According to the source, persistent work is in progress to arrange the IPO. “I hope we will be able to carry out the initial public offering in 2019,” said Vasily…
The dairy exports of companies affiliated with Belarus’ Agriculture and Food Ministry to the Chinese market skyrocketed 12-fold in January-September, Aleksei Bogdanov, head of the main department for foreign economic affairs of the Agriculture and Food Ministry, told a press conference. “In January-September, the exports of dairy products to China surged 12-fold, to exceed $4.5…