The owner and president of DCH Group Oleksandr Yaroslavsky, who holds a controlling stake in Kharkiv Tractor Plant, intends to buy 29% of shares in the plant belonging to Austrian investor Siegfried Wolf, DCH has said in a press release. “DCH Group of Oleksandr Yaroslavsky officially informs about the start of the process to acquire…Details
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China plans to offer its direct investment for the construction of commercial dairy farms in Vitebsk region, Vitebsk region governor Nikolai Sherstnev reported after the ceremony to inaugurate the new meat-processing workshop at Glubokoye Meat Packing Plant. “We have agreed on the implementation of one big project. China plans to build two commercial dairy farms…Details
Privatization of a 19.5% stake in Russian oil major Rosneft is very likely to happen in 2016, Rosneft CEO Igor Sechin reported. “This is a liquid asset, and demand on the market is high, I am sure that we will do it”, he said. “Speaking of the possible purchase of Rosneft’s shares and of Rosneft’s…Details
The Belarusian Industry Ministry and the Chinese company Zoomlion intend to implement a number of joint projects in the area of mechanical engineering. Belarusian Industry Minister Vitaly Vovk made the statement at a press conference on October 12, as he commented on results of the recent visit of the Belarusian delegation led by the Belarus…Details
Belarus hopes that the European Union will lift its textile import restrictions, Belarusian First Deputy Minister of Foreign Affairs Andrei Yevdochenko reported. “The European Union introduced quotas on Belarusian textiles some time ago. Today we are working with our EU partners to lift these non-tariff restrictions. We are close to success, and we hope that…Details
As of October 13, agricultural organizations in Belarus continued harvesting corn for grain and sugar beet, the Ministry of Agriculture and Food declared. In particular, agrarians harvested 377.6 thousand tons of corn throughout the areas of 47.3 thousand ha (26.7%), with the average yield of 7.99 ton/ha. Last year the grain production volumes totaled 174.4…Details
Belarus has chosen 22 suitable locations, where up to 2,000 wind power stations can be installed. First Deputy Minister for Natural Resources and Environment Protection Iya Malkina made a statement to this effect at the 21st Belarusian Energy and Ecology Congress. With 2,000 wind power stations made operational, Belarus could save up to 1 million…Details