Investor profile of Mogilev Oblast, Belarus
The Mogilev Oblast is the eastern-most region in Belarus, sharing a border with Russia and buttressed by Vitebsk Oblast in the north and Gomel Oblast in the South. It is home to 1.265 million people.
Among the most developed sectors are chemicals and petrochemicals, machine building and metal working, food processing, construction materials and forestry.
Two chemical enterprises – Mogilevkhimvolokno, the largest manufacturer of artificial fibres and Belshina, a tyre producer, generate 25% of industrial output in the region. It is also host to Mogotex, the largest textile manufacturer in Belarus, and Lenta, the biggest curtain maker in the CIS. Heineken has a presence in the region following its €70 million purchase of Syabar brewery, the second biggest in Belarus, in 2008.
Mogilev Free Economic Zone
Established in 2002 for the period of 30 years, on six sites across the city of Mogilev with the total square of 2108 hectares in industrial parts of Mogilev city.
- Good infrastructure including road and rail links and a major regional airport
- 20 members, half backed by foreign investment from Germany, Austria, Russia, Cyprus and Lithuania
- Members produce textiles, glassware, white goods, pulp and paper, and machinery
- Foreign investment into the wider Mogilev region stood at more than US $150 million in 2008