ZOV-MARKET LLC is registered as FEZ Grodnoinvest resident
On February 13, company ZOV-MARKET was registered as a resident of FEZ Grodnoinvest with an investment project on establishment of wood processing enterprise.
Within the investment project, the new FEZ resident will acquire an incomplete construction facility at FEZ investment plot No. 4 (Auls district) in Grodno and will develop on its basis a modern enterprise for the production of dry edged boards, timber, and furniture blanks.
Over 70% of products will be exported to the EU countries. Also, ZOV-MARKET LLC will be integrated into the production structure of Group of Companies ZOV , one of the leading manufacturers of kitchen, living room, bedroom, and dining area furniture in the CIS. The total investment cost of the project will amount to 2.8 million euros. During the project implementation, 41 new jobs will be created.
A few days earlier EUEcoPack LLC was registered as a resident of FEZ Grodnoinvest. Last year, 4 companies became residents of FEZ Grodnoinvest with a total volume of commited investments of over $ 190 million. Find out more details on the development results of FEZ Grodnoinvest in 2019 in our infographic.