Belarus Business Newsletter for Belgium & Luxembourg

20/03/2015
Issue No. 4
E m b a s s y
o f
B e l a r u s
i n
B e l g i u m
a n d
L u x e m b o u r g
Belarus Business Newsletter for
Belgium & Luxembourg
B ELARUSIAN P ARLIAMENT A PPROVED P ROGRAM
B ELARUSIAN G OVERNMENT FOR 2 0 15
IN THIS ISSUE
Minsk and Moscow Lift
Restrictions to Access
Russian Tenders
2
Belarus May Increase
Diary and Meat Exports
to Russia
2
New oil deposit
discovered in Belarus
2
United States lift sanc2
tions against Belorusneft
Auction to sell “Brest
Beer” Set on May 5
3
Hi-Tech Park Exports
Grow 31% in 2014
3
Investment projects
from Belarus
4
Search for importers /
distributors
5
Upcoming business
events
6
Belarusian Industrial
Forum to Take Place in
Minsk in May 2015
7
Recent statistics
8
On February 25 the House of
Representatives of the National Assembly of Belarus
voted for the government's
action program for 2015.
ance of an effective macroeconomic and monetary management policy, modernization of the state system of
economy regulation, promotion of competition, small
and medium entrepreneurship, enhancement and diversification of exports, further promotion of integration
in the Eurasian Economic
Union.
Pri me- Mini st er Andrei
Kobyakov presented the Program. The document comprises seven chapters to cover all the areas of efforts of
the government. Each chapter specifies concrete goals,
tasks, implementation mechanisms, and agencies responsible.
pending on oil prices and the
exchange rate of the Russian
ruble as the most predictable
parameters that influence the
macroeconomic situation in
Belarus. Responses and economy balancing measures
have been worked out for
each scenario. The basis scenario was calculated on presumption of the oil price of
US$ 52 per barrel and exchange rate of 60 Russian
rubles per US$ 1. Optimistic
and pessimistic scenarios
with different parameters
were elaborated as well.
The Prime Minister has specifically underlined that the
Government will ensure that
all external obligations of
Belarus in 2015 (at around
US$ 4 billion) are timely met.
"The violation of the debt
obligations is unacceptable,"
said Andrei Kobyakov.
In 2015 the key goal for the
Government of Belarus will
be to ensure macroeconomic
and social stability in the
environment of growing external challenges and threats,
and to ensure conditions for
dynamic economic development of Belarus in 2016-2020
and later on.
The Government and the
National Bank have come up
with scenarios that outline
the development of the national economy in 2015 de-
The top goals include pursuFEBRUARY 2015 INDICATORS:
-0.6%
 Industry
-5.8%
 Agriculture
+5.4%
 Wholesale trade
-7.8%
 Retail trade
+1.2%
 Consumer prices
+4.1%
102
 Real salaries
+0.1%*
100
 Labor productivity
+2.9%*
98
 Unemployment
0.7%*
96
Belarus-World
101,7
101,6
101,5
101,5
101,5
101,5
101,2
101,6
101,1
100,7
101,2
101,0
100,9
101,2
101,2
101,6
101,5
101,5
104,0
103,1
US$ bln % to ‘13
Exports
2.1
75.2
Imports
1.8
63.5
99,6
I
I
I-X
X
I-I
I-V
II
2014
I-V
II
I-I
I
I-X
X
I-I
II
I-V
I-V
2013
I
98,8
98,7
Belarus-EU
II
104
I-I
106
103,5
104,8
108
I
* January
Foreign Trade in Jan 2015
GDP trends
(%, to the same period of previous year)
 GDP
OF
US$ bln % to ‘13
Exports
0.9
85.8
Imports
0.3
56.6
Page 2
Belarus Business Newsletter for Belgium & Luxembourg
M INSK AND M OSCOW A GREE TO L IFT
R ESTRICTIONS TO A CCESS R USSIAN T ENDERS
Top-level decision
has been taken to
ensure equal
conditions of mutual
trade
Belarus and Russia have
agreed to lift restrictions
that prevent Belarusian
manufacturers from full
participation in Russia’s
government procurement
tenders on the level of municipalities, federal districts,
armed forces, police and
other institutions.
derlines, that “we understand Russia’s concerns and
the necessity to protect domestic manufacturers. However since January 1, 2015
we have been living in the
Eurasian Economic Union.
A top-level decision has
been taken to ensure equal
conditions of mutual trade.
The [Belarusian] Embassy
jointly with Belarus’ light
Ambassador of Belarus to
Russia Igor Petrishenko un-
industries
concern
Bellegprom and in association with parties concerned
in Russia have made a significant progress in overcoming the situation. Today
we can speak about a solution – the parties have
reached a principle agreement that Russia should lift
the restrictions concerned”.
I N 2 0 1 5 B ELARUS M AY I NCREASE D IARY
AND M EAT E XPORTS TO R USSIA
On March 17, 2015 Ministries of Agriculture of Belarus and Russia had a joint
meeting of the Boards were
Belarusian shipments of
foodstuffs to Russia in 2015
were discussed. The Minis-
tries have signed the agreements that allow Belarus to
supply to Russia 3.9 million
tons of milk and dairy products as well as 390.3 thousand tons of meat products.
This represents an increase
of 26.5% and 11.5% accordingly. This information was
presented by the Russian
Deputy Minister of Agriculture Mr. Andrei Volkov after the joint meeting of the
Boards.
N EW O IL D EPOSIT D ISCOVERED
New oil deposit in
Belarus meets the
criteria of an
industrial oil field
Belarus’ state-owned company Belorusneft has found a
new oil deposit in Khoiniki
District (Gomel Oblast).
experts had been using 3D
exploration equipment to
discover the new oilfield via
a 4.215-metre well, which
was started in June 2014.
Belorusneft is now assessing
the capacity of the new oil
deposit.
Found at the depth of 3,998 4,048 metres, the oil deposit
meets the criteria of an industrial oil field. Belorusneft
UNITED S TATES
B ELORUSNEFT
IN
B ELARUS
Belorusneft specializes in
exploration, oil extraction,
gas processing in Belarus
and abroad. Company has a
network of petrol stations,
and exports petroleum products to foreign states.
LIFT SANCTIONS AGAINST
The U.S. State Department
has removed sanctions
against Belorusneft, a stateowned Belarusian oil company, imposed in March 2011
for its involvement in the
Iranian petroleum sector.
Unitary Enterprise Production Association Belorusneft
(a.k.a. Belorusneft) on the
basis that the company is no
longer engaging in sanctionable activity, the U.S. government said.
The Secretary of State has
decided to terminate sanctions imposed on Republican
The U.S. State Department
imposed sanctions on Belorusneft after it entered into a
$500 million contract with
NaftIran Intertrade company
in 2007 for the development
of Iran’s Jofeir oilfield.
The Iran Sanctions Act requires sanctions be imposed
on firms that make certain
investments over $20 million
in Iran.
Issue No. 4
Page 3
L IST OF C OMPANIES FOR PRIVATIZATION
IN 2015 P UBLISHED
State share in 61 open joint
stock companies and 3 republican unitary enterprises will
be sold by means of tenders
and auctions in 2015. The list
has been posted on the web
site of the State Property Committee. The document defines
property sales terms, the full
state-owned stake and the
state-owned share offered for
sale. The list includes :
ty; 25%+1 share in Horizont, After the review of the rewhere the state owns 96.66% quests, received by the Comof equity.
mittee, a decision will be made
whether to proceed with the
All 90.5% state-owned shares
sale of the state shares. Final
in Mogilevkhimvolokno; a
decision on the sales of state100% state-owned stake in
owned shares in companies is
SvetlogorskKhimvolokno; the
taken by the President of the
entire 51% state-owned share
Republic of Belarus.
in MTS Belarus; a 100% stake
in Mozyr Distillery.
According to the Committee,
in 2014, state share in 14 enterInterested investors should
prises was sold to private insend their written requests to
25%+1 share in BATE, where
vestors for the total amount of
the State Property Committee.
the state owns 96.66% of equiUS$ 42 million.
A UCTION
TO SELL
Brest Oblast Executive Committee announced plans to sell
i ts s h ar e i n br ew e ry
“Brestskoe Pivo” (“Brest
Beer”) at the auction scheduled for May 5, 2015 (deadline
“ B REST B EER” S ET
Software production accounts
for 88% of 2014 exports. Belarus’ HTP resident companies
produced software for customers from 56 countries of
the world, including Western
Europe (43.5%), USA (40.1%),
CIS states (14.4%).
The total value of software
products developed in 2014
stands at Br6.96 trillion
($461.844 million), up 47%
year on year. Exports account
for 88% of HTP output.
HTP resident companies attracted $34.3 million worth in
investments in 2014. Among
the companies that have
opened their proprietary soft-
MAY 5, 2015
for applications is April 17, lion) and employed 344 per2015).
sons. 27% of production goes
to export.
In 2014 the brewery produced
1.8 million deciliters of beer Web-site:
(with total capacity of 4.3 mil- http://www.brestbeer.by/
H I- T ECH P ARK E XPORTS G ROW 3 1 %
Resident companies of the
Belarusian High Technologies
Park (HTP) report a 31% increase in exports of software
products and IT services in
2014 to the total of $585.2
million.
ON
SvetlogorskKhimvolokno
IN
2014
ware development centers at
Belarus’ HTP: South Korea’s
Hynix
Semiconductor
(formerly known as Hyundai
Electronics), Japan’s Rakuten
(through acquisition of
Viber), IAC, USA (through
acquisition of Apalon).
jobs were created in 2014.
Currently there are 137 software companies registered as
residents of the Belarusian
High-Tech Park. In 2014 the
HTP welcomed 12 new residents, while another 9 lost
their status as a result of mergers or reorganization.
Eight
HTP
residentcompanies strengthened their
positions in the Software 500
ranking published by Software Magazine, one of the
world’s most influential software and information technology journals.
Belarusian investors founded
58 HTP resident companies
(42%), foreign investors are
behind 46 HTP resident companies (34%) and the remaining 33 companies (24%) are
joint ventures.
Belarus-Korea Information
Access Center was opened in
the HTP to focus on educational activities in IT.
As of January 1, 2015 the total
number of HTP personnel
reached 21,000. 2,957 new
Also in 2014:
Five HTP resident-companies
appeared on the list of top100 best global outsourcing
companies - The Global Outsourcing 100.
Decree of the President of
Belarus widened the list of
activities falling under incentives of HTP.
Web-site:
www.park.by
TOP-10 HTP residents by sales
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
EPAM Systems
Game Stream
IBA IT Park
Itransition
Sberbank Technology
Exadel
Apalon Technologies
System Technologies
ScienceSoft
ISsoft Solutions
Belarus Business Newsletter for Belgium & Luxembourg
Page 4
I NVESTMENT P ROJECTS
FROM
BELARUS
Dry Demineralized Whey Facility
JSC “Moloko” is looking for partners to create a facility to produce dry demineralized whey
with a capacity of 500 tons per day. The product will meet the European quality standards. Production is aimed at the markets of Belarus, Russia, India, China and the EU.
Estimated Investments: US$ 28 million | Belarusian partner: “Moloko” | Location: Vitebsk city
Meat and Fat Processing Plant
Joint-Stock Company "Lida Meat Processing Plant” invites foreign investors to participate in
construction of a modern meat and fat processing line which includes pre-slaughter house,
slaughter section, fat processing, by-product section, refrigerator chamber, laboratory.
Estimated Investments: US$ 8.3 million | Belarusian partner: Lida Meat Processing Plant | Location: Grodno region
Reconstruction of Grains and Groats Processing Facility
“Smorgon Bread Products Plant” is looking for partners to modernize grains and groats processing facility to produce wide range of products, including oatmeal and oat flour, oat, pearl,
buckwheat, wheat, rye, pea, rice and millet flakes and instant cereals.
Estimated Investments: US$ 7.7 million | Belarusian partner: Smorgon Bread Products Plant | Location: Grodno region
Manufacturing of Meat Dumplings and Sausages
JSC "Gomel Meat Processing Plant" is looking for partners to create manufacturing facilities to produce
cooked, dried, smoked, cooked-smoked sausages, semi-prepared foods and meat dumplings.
Estimated Investments: US$ 21.3 million | Belarusian partner: Gomel Meat Processing Plant | Location: Gomel city
Pedigree Reproducing Plant of First Order for 1 000 Sows
The Glubokoye Compound Animal Foodstuff Plant invites foreign partners to participate in
creation of a pedigree reproducing plant of first order for 1 000 sows. The plant is expected to
become the first Belarusian supplier of F1 pedigree replacement gilts to the reproducing farms.
Estimated Investments: US$ 7.5 million | Belarusian partner: Glubokoye Animal Foodstuff Plant | Location: Vitebsk region
For additional information on these and other available investment projects
please contact the commercial section of
the Embassy of Belarus in Belgium and Luxembourg
e-mail: be.trade@mfa.gov.by, Tel. +32 2 340 02 76, -88
Issue No. 4
SEARCH
Page 5
FOR
BUYERS / I MPORTERS / D ISTRIBUTORS
B ELARUSIAN P RODUCERS OF W OODEN H OUSES L OKING
B ELGIUM AND L UXEMBOURG
FOR
P ARTNERS
IN
Belarus has a range of manufacturers of prefabricated houses and other wooden constructions, benefiting from availability of
wood, skilled and inexpensive labor, and proximity of large markets—the European Union, Russia, Ukraine, Kazakhstan.
Belarusian companies offer a wide range of prefabricated wood constructions, including factory-made frame-panel houses,
houses made from solid glued bars, log cabins, saunas, garden houses and other wooden structures.
These products are currently exported to a many European countries, including Germany, Belgium, France, Sweden, Slovakia,
Latvia, Lithuania, Estonia, Romania, the Czech Republic, etc.
“Borisovski DOK”
Solid glued bar houses
“Bellesexport”
Log houses, saunas, garden houses
Address: ul. Zavodskaya, 45,
222120, Borisov, Minsk region, Belarus
E-mail: borisovdok@mail.ru
www.borisovdok.by
Address: ul. Skryganova, 6 – 403,
220073 Minsk, Belarus
E-mail: lesexport@solo.by
www.bellesexport.com
“Zabudova”
Solid glued bar houses
“Liakhovichidrev”
Frame houses
Address: ul. Zavodskaya, 1, 222321,
Chist, Molodechno district,
Minsk region, Belarus
E-mail: export@zabudova.by
www.zabudova.by
Address: ul. Trudovaya, 5, 225372,
Liakhovichi, Belarus
E-mail: liahdrev@mail.ru
www.karkasdom.by
“Wooden House”
Solid glued bar houses
Address: Nezavisimosti av., 169,
Minsk, Belarus
E-mail: whminsk@gmail.com
www.woodenhause.by
ArchiLine Ltd.
Log and solid glued bar houses
Adress: 114 - 49 Nekrasov str.,
220049, Minsk, Belarus
E-mail: mail@ownwoodenhouse.com
www.ownwoodenhouse.com
“Domostroenie” branch
of “Newsprint Paper Plant”
Frame and solid glued bar houses
“Krupsky Military Forestry Enterprise”
Log houses, pavilions,
Address: ul. 1st Zavodskaya, 4, 213010,
Shklov, Mogilev region, Belarus
E-mail: sales@domostroenie.by
www.domostroenie.by
Address: ul. Pobedy, 2, 222932,
Krupski, Minsk region, Belarus
E-mail: kr_milfor@tut.by
“Irion Wood” Ltd
Solid glued bar houses
Address: ul. 17 Sentyabrya, 17,
Rakov, Republic of Belarus
E-mail: info@irionwood.com
http://irionwood.by
saunas, garden houses
Karkasplus
Frame houses
E-mail: karkasplus@tut.by
http://karkasplus.by
Page 6
Belarus Business Newsletter for Belgium & Luxembourg
U PCOMING B USINESS
EVENTS
Events in Belarus
April 22-25
May 22
BelarusTelecom / tibo 2015
22st International Forum on Telecommunications, Information and Banking Technologies
Robotics 2015
Gaming Technology 2015
Venue: pr.Pobeditelei, 20/2, Minsk
XII Gomel Economic Forum
XVI International Exhibition
“Spring in Gomel”
One day forum and exhibition to
showcase the opportunities and conditions to start and develop business
in Gomel Oblast of Belarus, and to
find local partners.
Organizers: Gomel Oblast Executive
Comittee
Venue: Gomel, Belarus
Website: http://gomel-forum.by/en/
Exhibitions in Belarus
April 7-10
Metalworking - 2015
Powder Metallurgy-2015
Corrosion protection. Coatings-2015
Welding and Cutting-2015
Venue: pr.Pobeditelei, 20/2, Minsk
Web-site: www.tc.by
April 23-25
Brest Commonwealth 2015
17th International Fair
Venue: ul.Moskovskaya, 151, Brest
Web-site: www.belexpo.by
Web-site: www.minskexpo.com
June
Seminar on Opportunities in
Agricultural and Food Processing
Sectors in Belarus
One day seminar to present current
trends and possibilities for developing
agriculture and food processing businesses in Belarus.
Organizers: Belarus-EU Business
Council,
Venue: Minsk, Belarus
May 5-8
April 8-11
Leisure—2015
18th International Fair for Tourism
Venue: ul.Ya.Kupaly 27, Minsk
Web-site: www.belexpo.by
April 14-17
Belarusian Construction Week
Belcommuntech-2015 (Road and municipal equipment and services)
Flowers. Seed. Garden-2015 (Flowers,
garden equipment, landscape design,
interior decoration)
Venue: pr.Pobeditelei, 20/2, Minsk
Web-site: http://minskexpo.com
Furniture Forum 2015
Design. Furniture. Innovation
Venue: pr.Pobeditelei, 20/2, Minsk
Web-site: www.expoforum.by
May 20-22
Lesdrevtekh
16th International Specialized Exhibition – Technics and technologies for
conducting a forestry, timber cutting
and wood-processing
Venue: pr.Pobeditelei, 20/2, Minsk
Web-site: www.expoforum.by
Issue No. 4
Page 7
B ELARUSIAN I NDUSTRIAL F ORUM TO T AKE P LACE
IN M INSK FROM 2 0 TO 23 M AY 2 01 5
Belarusian Industrial Forum is one of the
largest annual events in Belarus to find new
partners, clients and suppliers in various
sectors of industry.
During the Forum a number of specialized
exhibitions take place:

PROMEXPO – MODERN WORKS –
international specialized exhibition of
equipment, instruments, and materials
for production accessories of enterprises in main industry branches

PROMENERGO – international specialized exhibition of power and electro
-technical equipment for industry

ENERGY AND RESOURCE SAVING
& ECOLOGY – international specialized exhibition of energy and resource
saving technologies, equipment, materials, and technologies of environmental protection in industry, energy, construction, city and housing-andcommunal services

SCIENCE AND INNOVATIONS –
international specialized exhibition of
scientific-research and design developments, innovative projects for industry
Business program of the Belarusian Industrial Forum includes following events:
 International
Special projects:
 International contest of energy-efficient
and resource-saving technologies and
equipment
 Competition of welders of Belarus with
international participation
 Subcontractors Industrial Exchange
Subcontracts Industrial Exchange is the
event targeted on the promotion of cooperation between large, medium and small
businesses. SMEs will have the opportunity
to present their expertise and capacity to
the clients form the large enterprises. While
the large factories will be able to find subcontractors among the SMEs.
Participation in the Subcontractors Industrial Exchange is free. Additional information
is available on the website of the Ministry
of Economy of the Republic of Belarus
www.economy.gov.by in "Subcontract Exchange" or by phone. + 375 17 200 26 21;
+375 17 200 24 06; +375 17 222 47 03.
Organizer:
Unitary enterprise «EXPOFORUM»,
91 Pritytsky str., off. 432,
220140 Minsk, Belarus
Website: http://www.expoforum.by.
symposium
«Technologies. Equipment. Quality»
 Foresight «Strategy of sustainable development: Energy efficiency and resource-saving»
 Conference-exhibition
«PromIT'2015»
on information technologies in the industry
 Workshops and presentations of participants
Contacts:
tel./fax: (+375 17) 3143430, 3143435.
Sharko Serguei Kazimirovich, Project manager,
e-mail: sharko@expoforum.by
List of exhibitors available here:
http://www.expoforum.by/en/year_15/may/
bpf_en_15/spis_e.html
Annually more than 200
Belarusian and Foreign
Companies take part in
exhibition (in 2013 there
were 201 Exhibitors from
Austria, Belarus, Belgium,
China, Finland, Germany,
Latvia, Lithuania, Poland,
Russia, Sweden, and
Ukraine).
Belarus Business Newsletter for Belgium & Luxembourg
Page 8
L ATEST S TATISITCS
Exchange rates (as of 21.03.2015)
Inflation (%)
Official
Exchange Rate
Change from
31.12.2014, %
25
Currency basket
2,931.90
-16.18
15
US$
14,790.00
-24.81
10
Euro
15,780.00
-9.74
5
246.5
-14.92
0
Russian ruble
Code
Currency
Monthly
20
Rate
KZT
1 Tenge
GBP
1 Pound Sterling
21,906.05
CHF
1 Swiss Franc
14,886.54
UAH
1 Hryvnia
XDR
1 SDR
Foreign Public Debt (by IMF Standards, US$ billions)
79.57
632.12
20,231.53
CNY
1 Yuan Renminbi
2,382.22
PLN
1 Zloty
3,824.92
JPY
10 Yen
1,223.73
16,5
16
15,5
15
14,5
14
13,5
13
12,5
12
Gold and FX Reserves (IMF Standards, US$ billions)
10
9
8
7
to January
Internal Public Debt (by IMF Standards, BYR trillions)
120
100
80
6
5
60
4
3
2
1
0
40
20
0
Embassy of the Republic of Belarus in the Kingdom of Belgium and the Grand Duchy of Luxembourg
Av. Molière 192, 1050 Ixelles, Brussels, Belgium
Tel. +32 2 340 02 70 Fax. +32 2 340 02 87
Web-site: http://belgium.mfa.gov.by e-mail: belgium@mfa.gov.by
Commercial section:
E-mail: be.trade@mfa.gov.by, Tel. +32 2 340 02 76, -88
The publication is prepared by the Embassy of Belarus in the Kingdom of Belgium and the Grand Duchy of Luxembourg based on the information of the Ministry of Foreign Affairs of the Republic of Belarus, National Agency of Investment and Privatization, BelTA and Prime-Tass
news agencies, Gomel Oblast Executive Committee, BelStat and the National Bank of the Republic of Belarus.