Business news

New FEZ Minsk resident company to make drilling tools

MINSK, 22 June (BelTA) – A new resident company of the free economic zone (FEZ) Minsk intends to set up an enterprise to make drilling and boring tools and create 40 jobs, the FEZ Minsk press service told BelTA.

The newly registered resident is the manufacturing and trade limited liability company Agrostroi. The company intends to implement an investment project in the territory of the free economic zone in order to make drilling and boring tools for the mining industry.

The source noted that the project envisages the construction of an engineering, manufacturing, and warehousing complex, creation of over 40 jobs, and raising of over €1 million in investments. The new enterprise will be high-tech and export-oriented.

print version

make home page

add to bookmarks