Belarus: gas output up in January-August 2016

Belarus increased gas output by 0.1% YoY in January-August to 145.3 million cubic meters, the National Statistical Committee said in a report. In August alone, Belarus’ gas output grew by 14.8% YoY to 18.1 million cubic meters. Belarus does not have its own gas fields. Within the limits of the Prypyats Flexure, where oil exploration…

Belarus and Germany explore opportunities for investment cooperation

Belarus and Germany explored opportunities for investment cooperation during the Day of Belarusian Economy at the Hamburg Chamber of Commerce on September 27, the press service of the Belarusian Ministry of Foreign Affairs reported. “The emphasis was placed on the opportunities for interaction and investment cooperation between Belarus and Germany in the context of Belarus’…

Belarus: Mogilevliftmash investments in production development up in January-August 2016

OAO Mogilevliftmash elevator plant says it has invested Br6.3 million ($3.234 million) in production development in January-August, up by 7.9% YoY. The money spent on equipment purchases account for 83% of the total investment – Br5 million ($2.567 million): Mogilevliftmash purchased 8 units of equipment, including a paintshop for supersized parts (by Spain’s LAGOS S.A.),…

Belarus: BelAZ launches $17.8 million facility

On September 23, BelAZ heavy-duty truck manufacturer launched its newly-built trimming and acceptance shop supplied by Italy’s IMEL S.p.a., a BelAZ representative reported. The total value of the project stands at $17.8 million. The 3,800-square-metre facility is intended for painting parts and aggregates of dump trucks with 30-450 ton cargo capacity. The Belarusian Automobile Plant…

Belarus: Belaruskali potash fertilizer output down in January-August 2016

The state-owned OAO Belaruskali produced 3.799 million tons of potash fertilizers (in terms of 100% potassium chloride) in January-August, down by 17.3% YoY, Belarus’ National Statistical Committee (Belstat) said in an official report. In August alone Belaruskali’s potash fertilizer output increased by 3.7% YoY, to 622,800 tons. Belaruskali’s potash fertilizer inventories stood at 87,800 tons…