Two Turkish firms to invest in Macedonia.

By bne IntelliNews February 5, 2013
Two Turkish companies, a medical products manufacturer and a plastic automotive parts maker, will invest in Macedonia, Sitel TV broadcaster reported quoting foreign investments agency CEO Visar Fida. The official expects the construction of the production facilities to start in March. The company Istem Medikal plans to invest EUR 20mn in one of Skopjes industrial zones. The firm will manufacture hydrophilic catheters and urological systems and will employ 300 workers. The other Turkish company will invest in the free zone in Stip. In the first phase, the investment will amount to EUR 5mn and roughly 40 people will be employed. In the second phase, additional investment of EUR 10mn is expected to be made and 50 more workers will be employed. Fida added that they are discussing potential investments with three other car parts manufacturers, which will be disclosed upon making official decisions.

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