Belarus to take part in EU4Energy program

Belarus will take part in the EU’s new program of technical support for the countries of the Eastern Partnership EU4Energy, the press service of the Energy Ministry reported. “Last week the Energy Ministry played host to a meeting between Director of the Energy Community Secretariat Janez Kopac and expert on renewable energy and energy efficiency,…

Belarus: MAZ to sell 100 buses to Russia

The Belarusian automaker Minsk Automobile Plant (MAZ trademark) will ship 100 buses to the Russian city of Kazan in the Republic of Tatarstan, representatives of the company said. The Belarusian low-floor large-capacity buses MAZ 203 will be used to transport passengers during the world football championship that will take place in Kazan in 2018. The…

Belarus: companies’ equity capital up in January-July 2016

The equity capital of Belarusian companies (except for banks, insurance and state-funded companies, micro- and small-sized companies without departmental affiliation) grew by 0.8% in January-July to Br112.8 billion ($57.6 billion), Belarus’ National Statistical Committee (Belstat) said in a statistical report. Companies’ liabilities stood at Br120.7 billion ($61.7 billion) as of July 1, up by 10.9%…

Belarus: truck exports up in H1 2016

Belarus increased truck exports by 24% YoY in January-June to 1,847 units, Belstat said in a statistical report. Truck exports to the CIS states grew by 13.5% to 1,546 units at the average price of $140,123 apiece (down by 10.8% YoY), other foreign countries – 301 units (up 2.4 times), average price – $116,598 (down…

Belarus: food exports down in H1 2016

Belarus’ food exports dropped by 11.2% YoY in January-June to $1.611 billion, the National Statistics Committee (Belstat) reported. The largest decline was registered in exports of the following foods: milk, cream powder, condensed cream – down by 12% to $218.5 million, sugar – down by 19.4% to $96.7 million, potatoes – down by 64.6% to…

Belarus: agricultural enterprises in Vitebsk region in for large-scale reorganization in 2016-2017

Plans have been made to reorganize agribusiness enterprises in Vitebsk region in 2016-2017. The relevant measures are stipulated by Belarus president decree No. 320 of August 25. The document has been adopted to improve the performance of the enterprises, enable conditions conducive to agribusiness development in Vitebsk region and raise investments. In line with the…

Belarus: Belaruskali starts mining potash in Turkmenistan

Two Soligorsk-based companies: Belaruskali and Shakhspetsstroi – have started mining potash ore at the Garlyk mining and processing factory in Turkmenistan, a Belaruskali official said.

The general contractor for the Garlyk ore-mining project is OAO Belgorkhimprom (based in Minsk), which is supposed to launch the ore dressing factory in March 2017. (Prime-TASS/Business World Magazine)

Belarus: SvetlogorskKhimvolokno and Maxi Foods ink cooperation agreement

The Belarusian artificial yarn manufacturer SvetlogorskKhimvolokno and the Hungarian retail chain Maxi Foods have signed a cooperation agreement. The document was signed during the presentation of the Belarusian economy at the international agriculture and food expo AGRA in the city of Gornja Radgona, Slovenia, the representatives of the Belarusian expo organization company BelInterExpo informed. Negotiations…

Belarus took part in Slovenia’s agricultural fair

Belarus’ national stand has been presented at the international fair of agriculture and food AGRA in Gornja Radgona, Slovenia on August 20-25, the press service of the Belarusian Ministry of Foreign Affairs informed. The Belarusian National Exposition has featured the Belarusian enterprises of Belneftekhim Concern, Minsk Tractor Plant, Gomselmash, Minsk Kristall Group, Savushkin Product, Santa…

Belarus: reserves to grow by $500 million in 2017

Belarus plans to increase its gold and foreign currency reserves by $500 million in 2017, Prime Minister Andrei Kobyakov said. It is a complex task but achievable, if the government and the National Bank coordinate their efforts, said Kobyakov. Belarus just needs to make an effective use of contacts and agreements with international financial institutions.…

Belarus: over 6.7 million tons of grains harvested

As of August 24, agricultural organizations of Belarus harvested grains and pulses throughout the areas of 2 million ha, the Ministry of Agriculture of the Republic of Belarus declared.

The average yield totaled 3.37 t/ha. The harvested volumes reached 6.733 million tons of grains, down by 1.81 million YoY.

(APK-Inform/Business World Magazine)