The German manufacturer of automotive exhaust systems Boysen Abgassysteme d.o.o. had opened a new production base in Subotica, Serbia. The 65-million-euro investment is one of the largest in the city’s recent history.
North Macedonia had officially opened the newly built “Vincinni” center for development and progressive training in Vinica. It is a multidisciplinary facility with spaces for training and cooperation, research and development areas, laboratories for sensory analysis, exhibition halls, museum exhibits and more.
China Machinery Engineering Corp. (CMEC), part of Sinomach group, will build the main facility for wastewater treatment in Belgrade, Serbia. The Chinese corporation is a specialist in the construction of large infrastructure and energy projects and is looking for opportunities to expand its activities on the Balkans.
The company for recycling waste electrical and electronic equipment GreenWEEE International plans to build a third plant in Romania. The investment will be worth 10 million euro. The project will be financed by OTP Bank Romania.
Knauf Insulation plans to invest 19 million euro in its factory in Surdulica. This is the last phase of the company’s big investment plan with a total value of over 50 million euro. The company also plans a modernization of its production equipment and packaging.
The European Bank for Reconstruction and Development is allocating 25 million euro to support investments in North Macedonia, Romania and Moldova. The sum is designated for electromobility projects of the German automobile company Fritz Draexlmaier.
The Japanese company Nidec will open a plant for the production of electric motors in Novi Sad, Serbia. The construction of the factory is expected to start in December this year. The future plant will produce electric motors for vehicles and aircrafts.
The Romanian state-owned petrol and gas company Romgaz had completed negotiations with ExxonMobil Exploration and Production Romania Holdings to acquire its stake in the Neptun Deep project. The deal will be finalized in the first quarter of 2022.
The new mine, located near the city of Bor, will use modern technologies and meet the most stringent international standards in the field of environmental protection. Zijin expects annual production of 3.3 million tons of copper and gold ores, with total available reserves of 36.99 million tons.
The Bulgarian company opened its first office in North Macedonia in 2019 in the capital of Skopje. Today, the expansion of Scalefocus’ team is a result of the interest shown by the local IT community in the “work from everywhere” model introduced by the company in 2020.