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A delegation from Saxony (FRG) visited FEZ Grodnoinvest

A delegation of the Parliamentary Forum of Central and Eastern Europe of the Federal Land of Saxony was on a business visit to FEZ Grodnoinvest on July 30-31, 2018. One of the organizers from the German side was the Konrad Adenauer Foundation (KAS). 

During the visit, the guests studied the investment and industrial potential of FEZ Grodnoinvest, the opportunities for implementing projects in tourism sphere on the territory of special tourist and recreational park Augustow Canal. The delegation also familiarized with the terms of conducting business in FEZ, visited the production sites of resident enterprises Belabedding Ltd. and Biocom Ltd.

At the moment, two residents with German capital are registered in FEZ Grodnoinvest. Taking into account foreign credit lines, FEZ residents attracted over 230 million US dollars from Germany, or 28% of total volume.

As of year-end 2017, the trade turnover with Germany amounted to 27 million US dollars. Residents export paper and cardboard, mattresses, furniture, polycarboxylic acids, products from plastics. Import is presented in textile and knitted goods, industrial equipment, electrical equipment, plastic products, fittings.