Business news

Newcomer to FEZ Minsk to produce furniture parts using laminated chipboard

Photo from fezminsk.by

MINSK, 30 March (BelTA) – A new resident company, Modul-Online, has been registered at the FEZ Minsk, BelTA learned from the press service of the free economic zone.

The company plans to produce furniture parts using laminated chipboard. A corresponding agreement was signed by Head of the FEZ Minsk Administration Anatoly Buben and Director of Modul-Online Artyom Zubovich.

Investments will be used to purchase new equipment and to upgrade our own production facilities in the free economic zone.

About 100 jobs will be created at the enterprise. According to experts, the new company will rely on high-tech production processes, qualified workers, technologists, designers and managers.

More than 60% of products are to be exported to the EAEU member states, as well as faraway countries.

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