Ukraine: army receives over 110 weapon units

The Armed Forces of Ukraine received more than 110 weapons and military equipment units and over 10,000 smoke hand grenades and signal sound-and-light mines last week. Spokesman for the Defence Ministry of Ukraine Lieutenant Colonel Oleksiy Chornobai said this at the briefing. “The Armed Forces of Ukraine received motor vehicles, navigation equipment, ground-based radars, and…


Belarus: more preferences promised to China-Belarus industrial park resident companies

Belarus intends to offer even more preferences to resident companies of the China-Belarus industrial park Great Stone. Belarusian Economy Minister Vladimir Zinovsky made the statement before the session of the Belarusian-Chinese intergovernmental committee on cooperation on August 18. “We are preparing a draft presidential decree that will introduce serious changes into the document that regulates…


Ukraine: Infrastructure ministry to revise all regulatory acts to simplify business development

Ukraine’s Infrastructure Ministry has started the revision of all regulatory acts to see if they comply with the public regulatory policy. The ministry’s press service reported that Deputy Infrastructure Minister Dmytro Romensky gave information on August 19, 2016 at a first meeting of the working group. “According to the order of the first deputy prime…


Belarus: Brest Household Chemicals Plant files for bankruptcy

The Economic Court of Brest Region has started bankruptcy proceedings regarding Brest Household Chemicals Plant, the Finance Ministry of Belarus said in a release.

The country’s largest manufacturer of household detergents, perfumery and cosmetics, Brest Household Chemicals Plant earned a net loss of Br406.9 million ($209.958 million) in Q1 2016. (Prime-TASS/Business World Magazine)

Belarus: oil products export to Latvia up in H1 2016

Belarus’ proceeds from exports of petroleum products to Latvia grew by 55% YoY in January-June to $57 million, a source in the profile ministry reported.

Belarus exported 154,235 tons of petroleum products in January-June to Latvia, up by 85% YoY. (Prime-TASS/Business World Magazine)