Marquardt GmbH to open factory and 500 new jobs in FYRMacedonia

Marquardt GmbH to open factory and 500 new jobs in FYRMacedonia

German automotive company 'Marquardt GmbH' is entering Macedonia's market. It intends to invest EUR 35 million in erecting a factory for manufacturing parts for top German brands, such as 'Mercedes', 'Audi' and 'BMW" and open 500 new jobs.

The factory is to be located in the city of Veles covering 15.000 sqm. The construction works will kick off in March next year, while the plant is expected to start operating in the Q1 of 2015.

An agreement on the new investment in Macedonia has been signed Thursday in the presence of Prime Minister Nikola Gruevski.