Belarus’ proceeds from exports of petroleum products to Poland grew 3.36 times YoY in January-July to $129 million, a source in the profile ministry reported. Belarus exported 367,216 tons of petroleum products to Poland in January-July, up 5.43 times YoY. Belarus exported 151,080 tons of petroleum products to Poland in 2015 (up 2.57 times YoY)…
Energy systems of Belarus and Ukraine on October 1, are due to change over to the practice of keeping hourly records of electric power exchange, Belarus’ energy industries concern Belenergo said in a release. Energy authorities of Belarus and Ukraine earlier signed a corresponding agreement, Belenergo explained. In 2016 Belarus plans to import electric energy…
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…
This year agro meteorological conditions were favorable for the formation of high corn crop in the major part of Belarus. Warm weather and sufficient soil moisture stocks were beneficial for vegetation mass increase, which progressed faster than last year. In the South-Eastern part of Belarus, where rainfall deficit was observed during the long period, lack…
French company Danone is considering the prospects of purchasing a third dairy plant in Belarus. Belarusian Prime-Minister Andrei Kobyakov made a statement to this effect at a meeting with French Ambassador in Minsk Dominique Gazuy upon completion of her diplomatic mission to Belarus. The premier said: “French companies have been paying attention to Belarus in…
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’ 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).…