The Macedonian Industry & Economy
North Macedonia boasts a diverse and thriving industry that contributes significantly to its economic growth and stability. The country has attracted several prominent companies, both domestic and international, across various sectors, showcasing its potential as a favorable investment destination.
The manufacturing industry holds a prominent position in North Macedonia’s economy. The automotive sector, in particular, has witnessed substantial growth with the presence of major companies that have established production facilities in the country, capitalizing on North Macedonia’s strategic location, skilled workforce, and favorable business environment.
In the information technology and outsourcing sector, North Macedonia has emerged as a hub for global companies seeking cost-effective and high-quality services. This has not only created employment opportunities but has also enhanced the country’s reputation as an attractive outsourcing destination. The energy sector in North Macedonia has also witnessed significant developments. These investments contribute to the country’s energy diversification goals and support sustainable development.
North Macedonia’s construction industry has grown significantly with contributions from domestic and foreign investments, developing infrastructure, commercial complexes, and residential properties. The country also thrives in the food and beverage industry. Moreover, the pharmaceutical sector is vital to North Macedonia’s healthcare system and economy. It comprises domestic and international companies producing a wide range of pharmaceutical products with a focus on research, quality, and adherence to international standards, ensuring availability of safe and effective medications for the population.
North Macedonia’s strategic location enhances its engineering industry as a trade gateway at the crossroads of Europe, attracting businesses for expansion. The country focuses on foreign investments, innovation, and economic diversification to create opportunities for companies and support industry growth.
Company visit – Track 1
Gerresheimer
Gerresheimer is the global partner for pharmaceutics, biotech, healthcare, and cosmetics with a very broad product range for pharmaceutical and cosmetic packaging solutions and drug delivery systems. The company is an innovative solution provider from concept to delivery of the end product. Gerresheimer achieves its ambitious goals through a high level of innovative strength, industrial competence and concentration on quality and customer focus. In developing innovative and sustainable solutions, Gerresheimer relies on a comprehensive international network with numerous innovation and production centers in Europe, America and Asia. Gerresheimer produces close to its customers worldwide with around 11,000 employees and generated annual revenues in 2022 of EUR 1.8bn. With its products and solutions, Gerresheimer plays an essential role in people’s health and well-being.
KEMET
Since its founding in 1919, KEMET has been dedicated to making the world a better, safer, more connected place to live. With over 100 years of technological innovation, KEMET helps in making a wide variety of products possible in the world’s most rapidly expanding industries. Their components are found in spacecrafts and defibrillators – from outer space to inside our bodies, and in products we use every day. They have the broadest selection of capacitor technologies in the industry, including an expanding range of electromechanical devices and electromagnetic compatibility solutions.
In 2020, KEMET was acquired by YAGEO Corporation. The combined organization will be a powerhouse of electronic passive components with a leading product portfolio of polymer, tantalum, ceramic, film and electrolytic capacitors, chip resistors, circuit protection as well as magnetics, sensors, actuators and inductors all addressing a full range of end markets.
The KEMET Electronics Plant in Macedonia has been established and successfully operating since 2011, continuously improving its production and upgrading the production capacities, as well as the capacities of its employees. They are proud to say that within the frameworks of this plant we have many organizational units giving support to other plants in the region and beyond. Recently, KEMET opened a new production capacity that will focus on automotive products and continue our story of innovation as one for the 20th century and beyond.
Company visit – Track 2
PI SWISSLION DOO Skopje
PI SWISSLION DOO Skopje is a proud member of the concern SWISSLION – TAKOVO, which is one of the largest and most famous producers of food and beverages in Southeast Europe. Currently SWISSLION in North Macedonia operates through fig. legal entities namely:
- PI SWISSLION DOO Skopje – with the main activity trade in food products
- SWISSLION-AGROPLOD DOOEL, Subsidiary Production Skopje – with the main activity production of confectionery products
- SWISSLION-AGROPLOD DOOEL Resen – with the main activity production of confectionery products
- AGROPLOD AD Resen – with the main activity of agriculture, poultry farm – egg production.
In terms of food safety standards, SWISSLION has always been a step ahead. Already in 2005, it received the HACCP certificate, and the following year it was the first company in Macedonia to receive the international food safety certificate ISO 22000:2005. In 2008, Swisslion received the Kosher certificate, which is the only prerequisite for exporting to markets with a Jewish population, and successfully implemented the HALAL standard, which targets the Muslim population. From the point of view of international standards, it is the continuous maintenance of the food safety certificate FSSC 22000 ver.5.1, with which SWISSLION can smoothly conquer the European and world markets, without exception. Before the products leave their factories and go all over the world, their team of professionals in their own microbiological laboratories vigilantly controls them. The safety of the food produced under the SWISSLION brand is uncompromising, which is why there are two internal laboratories in Macedonia, equipped with the most modern equipment, in which the highest standards are used to confirm the microbiological safety of the products.
Elektro Sharri DOOEL
Elektro Sharri DOOEL is located in Trebosh, Želino and it was founded in 2013 as the first biogas power station in Macedonia – Elektrosharri. The plant produces electricity from poultry litter. The German expertise and the domestic support enabled this power station to offer alternative electricity on the market in Macedonia, as well as in the region.
The plant for production of biogas and electrical power has capacity of 1 megawatt per hour, and annually produces 8.760.000 kilowatt hours.With Elektro Sharri, the waste is not treated as waste but as a renewable energy source. The raw materials used for operation of the plant consist of waste from the Vezë Sharri farm and other agricultural waste. Moreover, it produces bio-fertilizers in quantity of 8.000 tons on annually as by-product from the process of biogas production.
