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Results of the 1st quarter of 2019: FEZ Grodnoinvest residents produced goods for 690 million rubles

In the first quarter of 2019, FEZ Grodnoinvest residents produced goods for 690 million Belarusian rubles. This is 27% more compared to the same period last year. The leaders are enterprises in the food, pharmaceutical, chemical and petrochemical industries.

The production of pharmaceutical products, fertilizers and vegetable oil increased by 2 times compared to last year. The production of rubber and plastic goods increased by 46%, machinery and equipment - by 34%, finished metal products - by 29%, chemical products - by 21%, furniture and woodworking products - by 16%.

Woodworking and furniture industry  occupy the main share in the production structure of FEZ Grodnoinvest, which is 33%. Agriculture (fertilizers, soybean and rapeseed oil) and the food industry make up 24%, engineering and metalworking - 15%, light industry - 13%. The chemical industry, which includes the production of rubber and plastic products, accounts for 11% of the total production of FEZ Grodnoinvest.

The logistic industry is rapidly developing. In 2018, 7 companies with projects in logistics sphere were registered as FEZ Grodnoinvest residents. Some of them are working already. In the first quarter of 2019, two residents provided services for $ 2.7 million, which makes 0.4% of the total production volume and services in FEZ Grodnoinvest.

In 2018, FEZ residents produced goods for 2.5 billion rubles or 25% of the total industrial production of Grodno region.