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The output of innovative produce by FEZ Grodnoinvest residents over first 9 months of 2018 exceeded $ 45 million

In January-September 2018, the volume of innovative produce in FEZ Grodnoinvest exceeded $ 45 million and increased by 16% over the same period last year.

Innovative activity ensuring the creation of enterprises based on the use of new knowledge embodied in technology is carried out by 14 residents of FEZ Grodnoinvest.

These are leading enterprises of the region in light, chemical, furniture production industries, in the field of mechanical engineering and automotive components production, optics and electronics, medical and hygiene products.

The largest number of innovative enterprises-residents of FEZ Grodnoinvest is located in Grodno. 57% of total innovative produce was manufactured here during the first 9 months of this year.

Additionaly, according to the results of activity for the period from January to September 2018, turnover of FEZ Grodnoinvest residents for the first time overcame the mark of 1 billion US dollars, having increased by 2 times compared to the same period last year.