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Economy

Solid foundation for Belarusian economy growth needed this year

29.03.2012
MINSK, 29 March (BelTA) – The administration of Grodno Oblast should promptly resolve existing problems, said President of Belarus Alexander Lukashenko as he received a working report from Grodno Oblast governor Semyon Shapiro about the social and economic development of the oblast on 29 March. The press service of the Belarusian head of state told BelTA, the event was the final working report delivered to the head of state by the heads of administrations of the regions of Belarus. Alexander Lukashenko said Semyon Shapiro has been the governor for only two years but the time is sufficient to evaluate the results. “For now the oblast does not look as good as we would like. Last year Grodno Oblast lagged behind in quantity and quality parameters of social and economic development,” said the President. In particular, the head of state pointed out Grodno Oblast has the largest finished goods inventory at industrial enterprises. “I am told some enterprises have indulged in messing with reports to cover up problems with sales, worsening their financial status,” said Alexander Lukashenko. Therefore, net losses of Grodno Oblast enterprises multiplied several times over last year. Besides, Grodno Oblast has the largest sums of outstanding debts to banks. The main debtors are the organizations directly run by the local authorities. The region’s sales of cattle and poultry for slaughter have also worsened. “To make it worse, last year’s problems continue into this year. You are once again among leaders in the finished goods inventory of industrial enterprises, you are one of those lagging behind in agricultural output and merchandise export. These problems must be solved. It will be very difficult to go for parliamentary elections with these problems,” said the President. “It is vital for us to create a solid foundation for accelerating economic growth and implementing the five-year program,” stressed Alexander Lukashenko.
| 22.04.2014
The company ships diesel fuel along the Pripyat River and the Dnepr River to Ukrainian customers.
| 09.04.2014
GOMEL, 9 April (BelTA) – Gomselmash has plans to set up a trading house in Ukraine, BelTA learnt from head of the company’s marketing center Dmitry Mulyar. The decision was made at a session of the board of directors of Gomselmash. The new company will be called Trading House Gomselmash-Ukraine and will be located in Kyiv. The session approved the articles of incorporation and the amount of th...
| 09.04.2014
MINSK, 8 April (BelTA) – The Belarusian company OAO Mozyr Oil Refinery intends to increase the yield of light oil products up to 72%. The information was released by the company’s Deputy Director General for Raw Materials and Sales Vitaly Pavlov on 8 April at the international conference scheduled to take place in Minsk on 7-8 April to discuss oil processing and the export of oil products, BelTA h...
| 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 p...
| 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. ...
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