On December 5 industry’s annual Forum has opened in Minsk. It has brought together over 120 local building materials producers, reports Richard Wallis.
At the Forum, EBRD experts are focusing on international best practises and how Belarus companies need to adopt them in order to be competitive in the EU during the forum.
Two international experts with over 30 years’ experience have been invited to address the Forum by the EBRD. They are to present international best practices, focusing on what policies are effective in a globalised market and the quality standards that are expected in EU markets, as well as the use of computerised manufacturing systems in the sector.
The building materials industry is Belarus draws on a skilled workforce and plays an important role in the economy.
But for Belarusian firms to be effective in foreign markets, particularly the European Union, they need to be very competitive. Showing international best practices for this sector is one way to help Belarusian firms learn to operate more effectively.
In addition to financing, the EBRD also provides support for small and medium-sized businesses in Belarus by helping them access external advice.
Ranging from strategy to organisation, marketing, ICT, engineering or HR, these donor-funded programmes connect businesses to the expertise of local consultants and international advisers on a cost-sharing basis.
“The Building Materials Forum provides an excellent opportunity for this important sector to share best practices,” commented Francis Delaey, EBRD Head of Office in Belarus. “This can help firms become more effective and appealing to investors.”
Mr Delaey will make a presentation on the work of the EBRD in Belarus and opportunities for closer collaboration.
To date in Belarus the EBRD has undertaken almost 100 advisory projects for small and medium-sized businesses, thanks to donor funding from the European Union, Italy, Japan, Sweden, the UK and others.
The Belarusian government has invited the European Bank for Reconstruction and Development (EBRD) to prepare five large state-owned companies for privatization.
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Recently Belarus State Military Industrial Committee announced that in the first half of 2016 its enterprises earned a net profit of $80m, thus over-fulfilling the assigned export plans by a quarter.
Poor economic conditions in the countryside, restrictions, unfair competition, inefficiency of state-owned agricultural enterprises also contribute to this ‘success story’, writes Aliaksandr Filipau.
On 20 June Lukashenka met with vice-chair and president of the Chinese CITIC Group Corporation Wang Jiong; it seems especially important in light of Lukashenka’s planned visit to China in September.
All the conditions for everyone to be able to earn a decent salary have been enabled in Belarus, however, it is necessary to make some effort to get the money, assumes the president.
Belarus is losing currency earnings – in the 6 months of 2016 the country earned 3 billion less than in the same period in 2015. Instead of removing the causes of the flop the state relies on magic.
He said Belarus would likely face economic tightening not only as a result of the coronavirus pandemic but also a Russian trade oil crisis that worsened this past winter.
In his report, philosopher Gintautas Mažeikis discusses several concepts that have been a part of the European social and philosophical thought for quite a time.
It is impossible to change life in cities just in three years (the timeline of the “Agenda 50” campaign implementation). But changing the structure of relationships in local communities is possible.