Business news

FEZ Minsk's new resident to launch paper wrapper production in Shabany

MINSK, 19 June (BelTA) - The limited liability company Superpack Company is a new resident of the free economic zone Minsk, the ninth one since the start of the year, BelTA learned from the FEZ administration.

The Belarusian company will locate a new production in the industrial zone Shabany. The new plant will produce a wide range of paper packaging: bags and sacks, packaging and serving paper with the possibility of applying eight-color flexo printing.

The company uses modern equipment and high-quality raw materials. It is export oriented. The main sales market is the CIS countries.

FEZ Minsk was founded in 1998. Over the period of its activity it has become a leading industrial center and attracted over $2 billion of investments. A total of 120 residents are registered there. The main industrial branches, in which FEZ enterprises work, are mechanical engineering and metalworking, chemical and petrochemical, timber and construction industries. Investors from more than 20 countries have invested in business in the FEZ zone. The FEZ Minsk resident companies sell their goods to 70 countries.

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