Mogilevkhimvolokno OJSC will be registered as a resident of MOg Free Economic Area, ilf the FEA administration.
Mogilevkhimvolokno is one of Europe's leading producers of polyester fibres and threads and the only manufacturer of polyethylene terephthalate in the CIS. It was established in 1968 and transformed into a joint-stock company in 2002.
The company employs over 10,000 people.
In January 2008 Mogilevkhimvolokno produced BYR 72.8 billion worth of goods, or 16% up on the year. Consumer goods output totalled BYR 1.4 billion.