8 января 2018

The foreign limited liability company VMG Industry (resident of Mogilev FEZ) plans to double production and export of furniture in the next two years.

"Our products are currently in high demand on the foreign market, so the founders have decided to modernize the existing production, build a new furniture workshop and expand warehouses with the purpose of increasing output volumes. The project is in the active stage. The modern logistics center has already been put into operation, the installation of a new and modernization of the existing equipment is being carried out, and the construction of a new furniture workshop has been started, commissioning of which is planned in October 2018, " said Kirill Vyborny, Director of the company. The implementation of this investment project is estimated at about 27 million euros. It is planned to create about 200 new jobs at the production.

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"We will not produce anything new - it will be furniture as before, but only through the implementation of this project we plan to increase production capacity and export products in half. Thus, if we now sell furniture monthly for about 4.5 million euros, we set the goal to reach 9 million euros for two years, now 100% of our products are sold outside Belarus and through international trade networks get to consumers in different countries - from Canada to Japan and the UAE, " Kirill Vyborny noted.

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The enterprise started work in Mogilev FEZ in 2013. In 2014, it reached its designed capacity. FLLC VMG Industry is one of the companies of the international woodworking holding VMG with the central office in Klaipeda (Lithuania). The VMG Holding unites several enterprises in the territory of Lithuania and Belarus and is one of the largest manufacturers and exporters of furniture, particle board in the Baltic countries. The industrial complex VMG Industry occupies 22 hectares and includes three manufactures: chipboard, plywood and bent-fiber parts, furniture.

Source: BelTA