Italian company Montante is entering the Macedonian market, with plans to build a 49,000 sqm car parts factory in Bunardzik. Costs are expected to hit €10m. The facility will employ 100 people in the first phase. Construction is set to start in January with completion set for May or June.
Viktor Mizo, director of the country’s Directorate for Technological Industrial Development Zones, said the company will operate under the name Shock Europe Absorbers in Macedonia.