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Economy

| 07.04.2014
MINSK, 4 April (BelTA) – As much as $1.7 billion will be invested in the modernization of Mozyr Oil Refinery, BelTA learned from Vladimir Sizov, Acting Deputy Chairman of the Board of the Belarusian petrochemical concern Belneftekhim, on 7 April. The information was released at the conference scheduled to take place in Minsk on 7-8 April to discuss oil processing and the export of Belarusian oil products.
| 25.03.2014
GOMEL, 24 March (BelTA) – OAO Belarusian Steel Works (BMZ trademark), the managing company of Belarusian Metallurgical Company and the German bank AKA-Ausfuhrkreditgesellschaft mbH (Frankfurt am Main, Germany) have signed a long-term agreement. In line with the agreement the German bank will lend €9 million to BMZ for implementing an environmental project, the company’s press service told BelTA. The loan will be covered by the export insurance agency Euler Hermes against guarantees of OAO Belarusbank.
| 21.03.2014
MINSK, 20 March (BelTA) – The Japanese company Kobe Steel has sent four reactors to OAO Mozyr Oil Refinery for building a plant for hydrocracking black oil fuel, BelTA learned from Anatoly Kupriyanov, Director General of the Belarusian company. According to the source, the reactors are expected to be delivered to Ukraine by sea in May. After that they will be transported along the Dnepr River and the Pripyat River.
| 21.03.2014
GOMEL, 20 March (BelTA) – The Gomel-based construction materials manufacturer OAO Gomelstroymaterialy has commissioned a new line to make lime bricks, stones, and partition walls. The commissioning ceremony took place on 20 March. Foreign partners, who had supplied the equipment, took part in the ceremony, BelTA has learned. The line is built around a unique hydraulic press WKP-750 made by the German company WKB Systems GmbH.
| 10.03.2014
GOMEL, 7 March (BelTA) - The foreign trade in goods and services of enterprises and organizations based in the city of Gomel (including oil and oil products and enterprises of national subordination) amounted to $5,108.5 million in 2013, up 5.4% from 2012, Ksenia Pantyukhova, the head of the economy department at the Gomel City Hall, said at a session to discuss the foreign economic performance of the city in 2013, BelTA learned.
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