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Aloisia Wörgetter, the Plenipotentiary Ambassador of Austria to Belarus visited Grodno

A meeting between the regional administration, the administration of the FEZ “Grodnoinvest” and the Plenipotentiary Ambassador of Austria to Belarus, took place on February 21. The parties discussed the prospects for the development of mutually beneficial cooperation in various fields.

Grodno region is actively developing economic cooperation with Austria. Kronospan Ltd., which is established with the participation of Austrian capital, became a resident of the FEZ “Grodnoinvest” in 2018. The company produces chipboard, fibreboard and other products. More than 144 million foreign investments in fixed assets were attracted to implement the project. Thanks to the creation of production, 500 new jobs have been created in the region.

In addition to cooperation in the field of woodworking, the Austrian side is interested in implementing projects in the field of food production, the textile industry, renewable energy.

In March 2019, an Austrian-Belarusian business forum is scheduled to be held on the basis of FEZ Grodnoinvest together with the Austrian Embassy in Belarus and the Austrian Foreign Economic Bureau in Minsk.

For reference: in 2018, the export of goods from residents of the FEZ "Grodnoinvest" to Austria amounted to 14.7 thousand US dollars, imports to - 2.8 million US dollars.