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WoodServiceMarket LLC is registered as a resident of FEZ Grodnoinvest

WoodServiceMarket LLC  was registered as a resident of the FEZ Grodnoinvest on September 4 with an investment project to create the production of finishing materials, which will be implemented on the industrial site of the FEZ in Grodno.

The investment project involves the incomplete construction of a production base located on the plot No. 1 sector 1 of FEZ Grodnoinvest sector (Grandichi district) in the economic turnover to create a high-tech enterprise for the production of wood finishing materials.

The main share of the products manufactured by WoodServiceMarket LLC will be dried and packaged lumber of the highest and first grade. In addition, it is planned to produce molded products, as well as provide services for drying lumber, sawing and sorting of wood. The proportion of export deliveries, according to the business plan, will be 88%. The main marketof the company is EU countries. 37 new jobs will be created during the project implementation period.

Thus, WoodServiceMarket LLC became the 24th resident of FEZ Grodnoinvest in the field of woodworking and furniture production. Recently, well-known Polish companies Szynaka and Gabi, who actively cooperate with the IKEA Group of Companies, have invested in new residents. In total, residents of the FEZ form 90% of the production of the woodworking sector in the Grodno region. They produced products worth 867 million rubles last year. This figure has increased 4.2 times over last five years.