The Italian hydraulic joints and rubber producing company Vitillo has invested €10m in a second factory line in TIDZ Bundardzik, near Skopje. The investment will result in the creation of 100 new jobs. The company’s CEO of the company, Antonio Vitillo, says a third investment of up to €20m will be made in another production factory in 2017.
“These numbers confirm our decision to invest in Macedonia, a country we believe in and where we made friends enabling us to feel like home,” Vitillo said.
Vitillo Group has been present in Macedonia since 2011 and now operates a 12,000 sqm plant, of which 5,000 sqm is set aside for logistics.
