GOMEL (BelTA) – Nearly 160 investment projects will be presented during the 16th Gomel Economic Forum, which is due on 24 May, the press service of the Gomel Oblast administration told BelTA. Gomel Oblast’s economic and investment potential will be presented during the forum. Investors will be offered projects in such spheres as woodworking industry, recycling of secondary material resources, food production, civil engineering and construction materials, chemical industry, power...

GOMEL, 2 May (BelTA) – It is important to develop the social sphere in addition to the manufacturing sector in the course of implementing the “village of the future” concept. Head of the Belarus President Administration Natalya Kochanova pointed it out as she visited the agrotown of Michurinskaya in Gomel Oblast on 2 May, BelTA has learned. The agrotown is located in Gomel District close to the city of Gomel itself. It has the necessary infrastructure: a school, a community center, a...

GOMEL, 16 April (BelTA) – The Belarusian steel mill BMZ and Turkish companies signed framework agreements on supplying metal products worth over $14 million during a Belarusian-Turkish business forum in Ankara on 16 April. The agreements were signed by Director General of OAO BMZ – Managing Company of the Holding Company BMC Anatoly Savenok, BelTA has learned. In particular, BMZ intends to ship products of its steel wire division and the pipe division to Turkey this year. Turkey is a...

GOMEL(BelTA) – The economic effect from introducing cost-saving measures in the Belarusian steel mill BMZ totaled $118.6 million in 2018 or over 9% of the prime cost of the products the company makes. The figures were mentioned by the company’s Director General Anatoly Savenok at a performance review conference of the company’s trade union, BelTA has learned. According to the source, BMZ did quite well in 2018. The company managed to earn $1.5 billion, 26% up from 2017, with the...

MINSK, 26 March (BelTA) – The Belarusian manufacturer of agricultural machines Gomselmash has presented its products at one of Europe's largest expos of agricultural machines and equipment – Agrosalon 2019, which opened in the Slovak city of Nitra on 26 March, representatives of the Embassy of Belarus in Slovakia told BelTA. During the opening ceremony Ambassador Extraordinary and Plenipotentiary of Belarus to Slovakia Igor Leshchenya informed those present about the country's...

GOMEL (BelTA) – The Belarusian steel mill BMZ intends to step up its presence in Africa in 2019, BelTA has learned. In January-February 2019 BMZ’s shipments to African countries increased considerably in monetary terms and physical terms and exceeded 57,000 tonnes. The figure represents about 15% of the company’s total export. Negotiations with a potential customer from Senegal took place at BMZ in early March for the sake of securing the achieved results. The meeting touched upon the...

GOMEL, 5 March (BelTA) – In 2018 Gomel Oblast exported over $17.1 million worth of tourism services, 26.4% up from 2017, BelTA learned from Denis Yezersky, Head of the Sport and Tourism Office of the Gomel Oblast Executive Committee, on 5 March. According to the source, Gomel Oblast managed to hit its assigned target of $14.4 million in 2018. Gomel Oblast was the leader in terms of the growth rate of export of tourism services and had the third place after Minsk and the oblast in terms of...

GOMEL(BelTA) – Gomel Oblast merchandise export (including oil and oil products) increased by 11.2% in 2018 over 2017, Igor Aslyuk, head of the economic committee of the Gomel Oblast Executive Committee, said at the meeting of the regional administration, BelTA has learned. In 2018 local companies exported $4.1 billion worth of products. Igor Aslyuk noted that privately-held companies posted good growth last year, around 18.8%. “Not only the resident companies of the Gomel-Raton Free...

GOMEL(BelTA) – Manufacturing, tourist and cultural potential of Gomel Oblast will be showcased at a fair and festival in Russia's Buryatia. These plans were discussed at a meeting of Gomel Oblast authorities and business people with Chairman of the National and Cultural Autonomy of Belarusians in Buryatia Alexander Kozlov, BelTA learned from Alevtina Saranchuk who is in charge of foreign economic contacts at the economy committee of the Gomel Oblast Executive Committee. In particular,...

GOMEL, 12 February (BelTA) – In 2018 the Belarusian steel mill BMZ exported over 2 million tonnes of metal products worth over $1.25 billion, which was up 25.9% over 2017, BelTA learned from the company. Last year BMZ exported steel products to 66 countries. Europe accounted for 49.1% of BMZ's exports, the CIS for 24.2% and Asia for 11.9%. The share of Africa and the Americas was 8.7% and 6.1% respectively. The top 10 importers included Russia, Germany, Lithuania, Israel, Ukraine,...