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Production value of FEZ Grodnoinvest residents exceeded one billion rubles in 2019

According to the results of May 2019, the production volume of FEZ Grodnoinvest residents amounted to 1.2 billion rubles. A year earlier, it took six months to reach a billion rubles bar.

Within January - May 2019, the growth rate of industrial production of FEZ Grodnoinvest residents was 119% compared to the same period of the previous year. The main drivers were manufacturers of pharmaceutical products and preparations (150%), food products (143%), machinery and equipment (129%), finished metal, rubber and plastic products (120%), furniture and chemical products (116%).

Woodprocessing and furniture is considered to be the bulk (33%) in the production structure of FEZ Grodnoinvest. This is followed by the food (23%), textile (13%) and chemical industries (11%). Note that in 2018 the production volume exceeded 2.5 billion rubles.

The production growth of FEZ Grodnoinvest is contingent on the development of existing industries and start -ups of new ones. For example, in May of this year, the resident of FEZ OJSC Radiovolna implemented a project for the production of harnesses for Skoda Karok cars. You can look through the platforms for launching new investment projects on the interactive map of FEZ.