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Residents of FEZ Grodnoinvest plan to increase the supply of products to the Komi Republic

The enterprises-residents of FEZ Grodnoinvest Kvinfood JLtd. and Conte Spa JLtd. plan to increase the supply of products to the Komi Republic of the Russian Federation. An agreement on this was reached during the signing of the Agreement on Cooperation between the cities of Grodno and Ukhta.

The agreement between the cities provides for commercial and industrial cooperation, and the development of relations in the field of education. It should be noted that Grodno and Ukhta have been twinned since 2017.

The Russian Federation is a key trade and economic partner of FEZ Grodnoinvest. In 2020, this country accounted for more than 60% of all exports of residents of FEZ Grodnoinvest. Residents supply food, furniture and wood items, chemical products, textiles, etc.

6 companies with Russian capital are registered as residents of FEZ Grodnoinvest. During the period of FEZ Grodnoinvest activity, about $400 million of foreign investments were attracted from the Russian Federation.

Photo and source: BelTA.