FEZ Grodnoinvest is the leader in labor productivity in Belarus
74 thousand rubles of products were produced per employed employee of residents of the FEZ “Grodnoinvest” in In the first half of 2019. This is the best indicator among the free economic zones of Belarus.
Residents of FEZ Grodnoinvest produced products worth 1.4 billion rubles, or 17% of the industrial production of all residents of the FEZ of the republic for six months of this year. The average number of employees of FEZ Grodnoinvest in this period increased by 2.7% and reached the mark of 18.9 thousand people.
FEZ Grodnoinvest is also the leader in terms of revenue growth from the sale of products of its own production. During the first 6 month of the year the revenue increased by 22.4% to 1.38 billion rubles. Net profit exceeded 188 million rubles, which is 2.2 times more than the same indicator in January-June 2018. Product profitability amounted to 11%.
For the period from January to June 2019, foreign investors attracted investments worth $ 127 million and investments in fixed assets worth 140 million rublesin through the implementation of projects on the territory of FEZ Grodnoinvest. These are also the best indicators among the republic’s free economic zones.
The thematic section of the International Business Forum will be held in the administration of FEZ Grodnoinvest as part of the 20th anniversary universal trade fair “Euroregion Neman-2019” on September 12. We invite you to participate in the discussion of the current state and development prospects of the regional and international economy.