The Belarusian mechanical engineering company Bobruisk Plant of Tractor Parts and Units (BZTDiA) will ship the first batch of tractors to the UK in December, the company’s Marketing Department reported. The Belarusian company and Belarus Tractor Ltd (Banwell, UK) signed an agreement in late November. The agreement will classify the company as an official dealer…
Belarus produced 664,600 peat briquettes in January-October, up by 19.5% YoY, the Energy Ministry of Belarus reported. Belarus’ peat output totaled 1.486 million tons in January-October, up by 29.4% YoY. Peat in Belarus is available at an extremely competitive price compared to the cost of natural gas, coal and wood chips. Peat is currently used…
Minsk-based OAO Amkodor and Belarus’ Saleo Group plan to build three new plants in 2017 and implement other projects with a total investment portfolio of $500 million, Igor Kayuda, Amkodor’s Director for Innovations and Investments, reported. Chinese credits will account for 80% of project investments. As previously reported, Amkodor and Saleo Group signed three contracts…
Belarus’ chemical company OAO Grodno Azot plans to finalize the project worth $170 million to build a nitric acid plant. The new facility will produce 1,200 tons of acid a day. Grodno Azot started building the new plant in October 2015. Germany’s ThyssenKrupp Uhde GmbH (Dortmund) won a tender to produce design specifications and estimates…
The government will offset the losses on the export loans issued by the Belarusian banks in 2017-2018, reads Resolution No. 981 of the Council of Ministers of Belarus of November 30. The document was published on the national legal portal on December 2. The Council of Ministers made a decision to offset export loan losses…
Belavia Belarusian Airlines will retire its Tupolev Tu-154 aircraft on December 28. The Minsk-based carrier’s fleet includes three of the type – one Tu-154 is already out of service and two operate charter flights between cities in Belarus and Western Siberia in Russia for oil and gas industry. The carrier’s fleet also comprises two Embraer…
The Republic of Belarus has become the latest member of IMO, following the deposit of an instrument of acceptance of the Convention on the International Maritime Organization with the Secretary-General of the United Nations on November 29, says IMO. With the acceptance of the Convention by Belarus, the number of IMO Member States stands at…