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Net profit exceeded 100 million rubbles. FEZ Grodnoinvest summarized the results of the first quarter of 2021

The net profit of residents of FEZ Grodnoinvest to the outcome of the first quarter 2021 exceeded 100 million rubles. This is the best indicator among FEZs from all regions of the republic. At the same time, revenue from the sale of goods and services increased by one third compared to the same period of the last year and reached the level of one billion rubles.

In January – March 2021, residents of FEZ Grodnoinvest improved the main indicators of economic activity and took leading positions among the FEZs of the republic. Labor productivity went up by 31%, product profitability exceeded 21%, and the number of of unprofitable enterprises decreased to the lowest level among all FEZs of the republic.

High efficiency was achieved, among other things, due to increased supplies of residents of FEZ Grodnoinvest abroad - more than 70% of manufactured products are exported. In the first quarter of this year, export increased by 23% and amounted to $280 million.

The residents of FEZ Grodnoinvest are 75 companies with investments from 40 countries of the world. They successfully implement investment projects in the field of woodworking and furniture production, machinery and metalworking, food, chemical and light industries, and agriculture. Among the investors and partners of FEZ Grodnoinvest are well-known world companies Kronospan, IKEA, Szynakameble, Fey & Co, Volkswagen, Haver & Boecker, Mispol, Сonte Spa, ZOV, Atlas, PCC, Sodrugestvo and others.

Potential investors within the boundaries of the FEZ Grodnoinvest are provided with tax, customs and other preferences to create modern, export-oriented industries, free land plots and production areas are selected, comprehensive support is provided from the stage of generation the idea to the release of finished products.