The largest food retailer in Belarus, Eurotorg (aka Euroopt) released its unaudited operating results for the last quarter of 2018 and full year ended 31 December 2018 and is mulling a second attempt at an IPO in 2019, according to bne sources
Foods was the country’s leading export product in 2018, up 5.3% y/y to $5.23bn, but exports of tanks, tractors and software are all growing. Trade figures are expected to rise again in 2019.
Belarus' gold and foreign currency reserves totalled $7,017.7mn as of 1 February 2019, if calculated in accordance with methods of the International Monetary Fund, according to the preliminary data from the National Bank of the Republic of Belarus
Russia recaptured the dubious title of “most corrupt country in Eastern Europe” after it slipped three places in this year’s Transparency International Corruption Perceptions index, falling to 138th place out of 180 countries.
Belarus' GDP grew by 3% year-on-year in 2018, according to the national statistics agency Belstat.
Battered Belarus is heading for a new economic crisis unless Minsk manages to secure full compensation from Russia for losses triggered by the latter’s new energy taxation system.
Larnabel Ventures, controlled by Said Gutseriev, the son of Russia's oligarch Mikhail Gutseriev, has launched Belarus' first regulated full-featured trade platform for tokenized exchange assets.