Economy

One of the largest construction holdings is in crisis through debt.

Latvian company Rēzeknes Gaļas Kombināts has lost access to the Russian market in the light of Russian counter-sanctions against the European Union.

This target is part of the Balanced Economic Development Plan for 2014-2015.

In August 2014 exports of agricultural products totalled more than $325 million dollars.

Belarus' petrochemical giant Belneftekhim announces a new pricing policy after car fuel price is raised for the third time this year.

It may happen in connection with their presence in Russian product networks.

This year, prices have risen for the third time.

Belkaapsayuz CEO Valery Ivanou and Anatol Lyasa from the Office of the President reported to the president about the situation in the light industry.

The increase will affect the state-subsidized costs of gas, heating and electricity for households, under the August 27, 2014 resolution No 834 of the Council of Ministers.