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Economy

Belarusian Forestry Ministry to commission six pellet factories in H1 2020
5 December, 18:48
The official said: “Upon instructions of the head of state the Forestry Ministry is busy building six factories to make wooden fuel in order to increase the effectiveness of utilization of forest raw materials. Their total annual output will be close to 156,000 tonnes of pellets.”
Bobruiskagromash to ship €500,000 worth of farm machinery to Serbia in 2020
5 December, 14:49
The document was signed at the Serbian-Belarusian business forum in Belgrade. According to the contract, farm machinery will be shipped in 2020.
The roundtable session in progress
New program to survey subsurface resources in Belarus in 2021-2025 ready
5 December, 14:31
The official said: “It focuses on regional studies, provision of existing enterprises with raw materials, import substitution, survey and commercialization of new kinds of mineral resources. The draft subprogram should be closely connected to the plan for retooling the industry.”
Matteo Patrone
EBRD, Belorusneft sign memorandum of understanding
4 December, 19:15
The memorandum deals with Belorusneft's investment program, which may finance the construction and expansion of a chain of electric car charging stations in Belarus.
Jurgen Rigterink
EBRD investments in Belarus to hit new record in 2019
4 December, 18:44
“The current portfolio of our operations in the country exceeds €2.7 billion in more than 120 projects. We can see rapidly accelerating investment volumes,” said EBRD First Vice President Jurgen Rigterink.
EBRD to think about participation in construction of railway line from Minsk to airport
4 December, 18:10
The EBRD representative said: “In order to continue the conversation, we need a business plan and many more details we've already requested from the government. It will be a new sector in Belarus for us if we can continue the conversation about it. So we are going to consider it in the next few months.”
Jurgen Rigterink
EBRD hails convergence of views on Belinvestbank deal
4 December, 17:56
“The EBRD will deploy a team of experts on bank capital to Belarus in early 2020,” said EBRD First Vice President Jurgen Rigterink.
EBRD to stay away from auction to sell state share in Belarusian Priorbank
4 December, 17:38
“Our participation will not bring additional benefits to other bidders. Instead it will create unnecessary competition. If the auction does not take place, we will be happy to resume discussions with the government about the matter,” he added.
Belarus, Poland sign agreement on cooperation on Polish Aid program
4 December, 16:50
The document was signed by the Humanitarian Activities Department of the Belarus President Property Management Directorate and the Polish embassy in Belarus. The document provides for stepping up Belarus-Poland cooperation in the near future.
Photos courtesy of the Embassy of Belarus in Italy
Belarus, Malta to advance cooperation in trade, digitization
4 December, 16:33
A Belarusian delegation visited Malta on 2-3 December. The visit was arranged with assistance of the Embassy of Belarus in Italy, the Maltese Ministry of Foreign Affairs and Trade Promotion, and the honorary consul of Belarus in Malta.
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