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A resident of FEZ Grodnoinvest LLC Ultra Play launched a modern plywood factory in Smorgon

27-29 August, the formal opening of one of the most modern plants dealing with production of plywood from spruce and pine took place in Smorgon. This project was implemented by FEZ resident LLC Ultra Play from Kronospan group of companies.

Nowadays, the plant is operating in a test mode, but in a month it will reach a capacity of 30-50%. After reaching full capacity, the annual production volume will be 250 thousand m3. The company will work in a three-shift mode, the number of employees will be 120 people.

As of August 2019, 23 companies, or 31% of the total number are residents of FEZ Grodnoinvest in the field of woodworking and furniture production. In 2018-2019 7 new residents of FEZ Grodnoinvest were registered in the field of woodworking and furniture production with investments from Poland, Cyprus and Austria.

The leading Polish furniture manufacturer Szynaka, who purchased the complex of premises of Smorgonskaya Nadezhda KUP a few months earlier, as well as the supplier of products for stores of the Ikea Gabi Group of Companies, acted as investors in the new furniture enterprises in FEZ.

Residents of free economic zones in the field of woodworking and furniture form 90% of the industrial production in this sector in Grodno region. In 2018, they produced products worth 867 million rubles, or 34% of the total industrial production of FEZ. Over the five years since 2014, this indicator increased by 4.2 times. Export amounted to 559 million rubles, or 32% of the total export of FEZ Grodnoinvest. This indicator increased by a quarter within this year, for five years - by 4.5 times.