Europlasteks to Make Steel Pipes in Belarus
BelTA reported that OOO Europlasteks Invest will spend over EUR 5 million on setting up a steel pipes unit in Free Economic Zone Grodnoinvest in Smorgon in Grodno Oblast in Belarus. The first products may be made as early as in 2022. Most of the output will be exported to Central Asia, Western Europe, the Near East and the Middle East.
The project provides for building new premises and renovating existing buildings located in plot No11, sector 1 of free economic zone Grodnoinvest. Equipment will be acquired to start making steel pipes and steel sections.
The project will allow creating 20 jobs in Smorgon in addition to substituting imports and making the spare premises part of the economy once again.
The metal-processing enterprise will be Europlasteks Invest's second project in FEZ Grodnoinvest. The company is now building an enterprise to make cotton yarn and goods made thereof.