Mogilev region of Belarus and Hunan province of China have signed a memorandum on developing friendly relations. The document was inked by Mogilev region Vice Governor Dmitry Kharitonchik and Head of the Foreign and Overseas Chinese Affairs Office of the People’s Government of Hunan province Xiao Bailing. According to Dmitry Kharitonchik, the first serious step…
The European Bank for Reconstruction and Development (EBRD) is extending a 10 million euro loan to PP Polesie JLLC (PP Polesie), a leading producer of children’s plastic toys in Belarus. PP Polesie is one of the major exporters of toys to Russia and is also actively expanding in the EU member-states including Germany, Italy and…
The Swiss company Stadler will ship 23 tramcars of the Metelitsa (Blizzard) variety to Saint Petersburg. The tramcars will be made by the Stadler Minsk factory. The first six cars will be handed over to the customer by late July 2017. It is the first large order for the innovative tramcar Metelitsa that Stadler has…
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…
Belarusian banks’ total balance sheet profit amounted to 399.7 million Belarusian rubles (Br) in January-July, or $204.231 million at the official rate of the central bank, up by 35.2% YoY, the National Bank of Belarus said in a statistical report. Banks’ equity capital totaled 8.138 billion rubles ($4.158 billion) as of August 1, up by…
Belarusian oil refineries produced 2.403 million tons of petrol in January-July, down by 3.6% YoY, Belstat reported. In July alone petrol output dropped by 29.3% YoY to 238,300 tons. In January-July Belarusian refineries produced 4.622 million tons of diesel fuel (including biodiesel), down by 5%. In July alone they produced 511,700 tons of diesel fuel,…
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%…