Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…Details
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Fifty representatives of Finnish companies from various industries took part in the Belarusian-Finnish economic forum on September 13, in Gomel, Director General of the Gomel department of the Belarusian Chamber of Commerce and Industry Marina Filonova reported. She mentioned high activity of Finnish businessmen who had sent many applications for participation. “It means that they…Details
The international rating agency Fitch expects that corporate lending in Russia will grow by 5% in 2016 and retail loans will increase within 3%, the agency’s analyst Anton Lopatin said. “In the first half of the year corporate lending adjusted for currency revaluation increased by 2%. Reasons of this growth – rates have decreased, correspondingly,…Details
Enel, through its renewable energy subsidiary Enel Green Power Brasil Participacoes Ltda. (“EGPB”), has started the construction of the Horizonte solar plant, located in Tabocas do Brejo Velho in the state of Bahia in North-Eastern Brazil. “With the start of construction of Horizonte, Enel has reached yet another milestone in the implementation of its growth…Details
Egypt has not received any complaints from Russia over the quality of fruit and vegetable supplies, Egyptian newspaper Ash-Shuruk reported citing Ibrahim Imbabi, head of the quarantine office at Egypt’s agriculture ministry. Egypt exports around 320,000 tons of citrus fruits and 200,000 tons of potatoes, as well as onion and pomegranates to Russia, Imbabi said.…Details
Boryspil International Airport (Kyiv) plans to attract a large operator to implement an investment project of a large logistics center. According to the press service of the airport, it is planned to allocate a significant territory in the second flight zone for building a center for processing aviation cargo. “Creating a high-tech cargo hub of…Details
Belarus OAO Praimilk (affiliated with OAO Biocom) has launched a factory in Shchuchin (Grodno region) to process lactoserum and produce serum concentrate, a company official reported. The total value of the project stands at Br97 million ($49.8 million), the factory’s installed capacity – 27,100 tons of serum concentrate a year. The new factory uses a…Details