Region

President of Belarus Alexander Lukashenko believes it is necessary to work harder introducing economic management methods, encouraging the inflow of investments, reducing expenses and prime costs of products, expanding the market for selling products and services. Alexander Lukashenko made the statement at a session involving Vitebsk oblast top government officials on November 25. Alexander Lukashenko underscored, reaching all the goals outlined by the five-year development plan is the key...

Investments in the development of small towns and communities are utilised too slow in the Vitebsk oblast, President of Belarus Alexander Lukashenko said at a session involving Vitebsk oblast top government officials on November 25. “The oblast should not care about flagship companies only. Stable progressive development depends on the operation of small and medium enterprises as well,” said the President. Alexander Lukashenko reminded, in H1 2008 the oblast failed to start virtually...

A joint general meeting of shareholders of the Naftan and Polymir companies will take place in Novopolotsk on November 28, BelTA learnt from Chairman of the Supervisory Board of the Naftan company Viktor Menshov. The agenda of the meeting includes four issues related to the merger of Polymir with Naftan. The shareholders are set to decide on the amendment of the Naftan authorized fund, approve the decision on additional issue of Naftan shares and on their distribution among the Polymir...

During the Belarus Investment Forum in London, businessmen and financial experts from Austria, Great Britain, Turkey and Poland showed their interest in an investment project of the Vitebsk Centre of Modern Art, Valentina Kirillova, the director of the centre, told BelTA. The Vitebsk Centre of Modern Art presented the project connected with the names of famous artists Marc Chagall and Kazimir Malevich who worked in Vitebsk in early 20s of the 20th century. The Vitebsk Centre of Modern Art...

Seven regions of the Vitebsk oblast represented almost 200 tourist facilities for participation in the Belarusian-Latvian tourist programme “Bella Dvina – traveling via borders, discovering culture, enjoying nature of Zapadnaya Dvina/Daugava region”, Olga Prokhorova, an expert of the project, representative of sport and tourism department of the Polotsk Town Executive Committee, told BelTA. The list of the tourist facilities includes not only monuments of history and culture but...

Over the ten months 2008, more than Br334 billion was invested in the economy of small towns of the Vitebsk oblast, BelTA learnt from Zinaida Koroleva, the deputy head of the economy department of the Vitebsk Oblast Executive Committee. The small towns of the region are carrying out more than 240 investment projects. Some 15 new production facilities were set up. For instance, the Lepel Dairy Plant has launched the production of ice-cream. The production of packaging has been launched in...