Belarus trade balance - 2020
Business

The United States is among the top 10 major trading partners of Belarus

Following the results of the first quarter 2020 in mutual trade in the goods America has ousted Kazakhstan and has left Turkey behind. Besides, USA became the only country with positive dynamics of commodity turnover. One more important news: for the first time in history China, not Russia, became the main source of the Belarusian negative balance.

USA plans to sell oil to Belarus
Business

Will Belarus be able to buy American oil?

Information about the intention of the Belarusian Oil Company (BOC, special exporter of Belarusian oil products) to purchase American oil has caused a storm of emotions in the media environment. However, there is no sensation in this news.

Belynichskiy Protein Plant
Business

Rethmann-Gruppe Expands Business in Belarus

In an effort to expand its operations in Belarus, SARIA, a subsidiary of the Rethmann-Gruppe, has filed a proposal to acquire privately-held shares of the Belynichskiy Protein Plant. If successful, the German company, which will produce bone flour and technical fats from organic raw materials derived from chickens, may also seek to acquire the state share of the Belynichskiy plant.

Belavia
Business

Belavia and AZAL Sign Agreement for Joint Operations

In October 2018, JSC Belavia and Azerbaijan Airlines (AZAL) signed a bilateral agreement for joint operations between the airlines (code-sharing) for Minsk-Baku beginning October 28, 2018. With the transition to the winter schedule, Belavia Airlines will increase its frequency of flights to Baku to four times per week.

Stadler Belarus
Business

Stadler Belarus Builds New Workshops, Increases Staff

The manufacturer of trains and trams, Stadler Minsk, has begun construction on new buildings at its site in Fanipol. The capacity of the enterprise will double, and the number of its employees will increase by approximately 280 people. The company plans to double its capacity to three hundred cars per year.