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Economy

Plans to finish reconstructing heat supply system of Belarus' top thermal power plant in 2020
27 December, 18:55
At present the output capacity of the Lukoml state district power plant is 2.9GW or about 30% of the installed capacity of the Belarusian power grid. The power plant generates up to 9 billion kWh of electricity every year or one fourth of all the electricity Belarus consumes.
Belarus to build facility to verify quality of oil coming from Russia
27 December, 16:35
According to Andrei Verigo, the Belarusian state petrochemical concern Belneftekhim has backed Gomeltransneft Druzhba's proposal to build incoming oil quality verification and flow measurement systems in the Belarusian section of the Druzhba system.
Belorusneft beats Belarus' all-time drilling footage record
27 December, 14:06
Belorusneft's Svetlogorsk drilling department is to blame for the new record. In 2018 the team drilled 137,461 meters of rock and built 50 wells. Back then the team beat the record registered in 1975 – 135,716 meters.
Belarusian Railways injects Br600m into investment projects in 2019
27 December, 10:49
In 2019, the Belarusian Railways implemented significant projects in infrastructure, freight terminals and rolling stock renewal, Vladimir Morozov said. Modern information technologies were actively implemented.
Yuri Sumaneyev. An archive photo
Belarusian footwear maker Belwest to deploy robots to cut leather in Q1 2020
26 December, 19:57
The enterprise is preparing the infrastructure for the deployment of the robotized systems, which are supposed to be commissioned and trialed through 2020 in order to reach their full designed output capacity in Q1 2021.
Andrei Klets. Archive photo
Foreign direct investments in Brest Oblast projected at around $90m in 2020
26 December, 18:19
Brest Oblast is set to attract at least $90 million in foreign direct investments on a net basis in 2020. Plans are in place to inject Br3.4 billion into the fixed capital thanks to investment projects and new enterprises in 2020. This will be up 1% over 2019.
Belarus, Kazakhstan plan joint venture to produce veterinary medicines
26 December, 18:07
The ministry hosted a working meeting with senior officials of Kazakh National Agrarian University and the chairman of the board of BioVet KZ. The parties discussed the establishment of the joint venture in Kazakhstan with the prospect of importing veterinary medicines to third countries.
EA praises Belarusian accreditation system
26 December, 17:52
The main goal of the assessment was to confirm the status under the agreements signed with international accreditation organizations (EA, ILAC, IAF) on mutual recognition of accreditation in terms of testing, calibration, certification of products, services, personnel, and management systems.
Yuri Sumaneyev. An archive photo
State share in Belarusian footwear company Belwest valued at over $10m
26 December, 16:39
The value of the state share had to be estimated to fulfill the presidential decree, which provides for selling the share owned by the Belarusian state light industry concern Bellegprom to OOO Belwest Group for the sake of setting up the holding company Belwest Group.
Anatoly Buben
Belarus' food industry concern eyeing new markets
26 December, 15:39
Belgospishcheprom priorities will include economic development and upgrade of enterprises. Upgrade is expected help make products more recognizable and appealing to consumers. Belgospishcheprom also intends to focus on the alcohol and tobacco industries.
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