New factory for railway and auto parts underway in Macedonian town of Probishtip

The EUR 15 million investment will open 280 jobs and is expected to be launched in the spring of 2017. Prime Minister Emil Dimitriev, Vice Premier for Economic Affairs Vladimir Pesevski, Minister for Foreign Investments Bill Pavleski, government officials  and local authorities attended the ceremony.

"We are investing EUR 2 million in the Neokazi zone, because we are planning to bring other investors that will build new plants here", said PM Dimitriev and Vice Premier Pesevski said the Cranfield Foundry cornerstone represents another successful investment project that will contribute to the improvement of the living standard of Probistip citizens.

During the ceremony it was announced also that the plant would be constructed in compliance with highest environmental standards and  these types of plants represent a basic prerequisite for faster development of the automotive sector, enabling the attraction of a car manufacturers, which is the ultimate goal.

Cranfield Foundry CEO Dariusz Dziuba thanked the Government and the local authorities for their support in the realization of the investment. "We have worked with the government over the past four years and the investment is now a reality", added Dziuba.

Cranfield Foundry is the first plant in the Neokazi industrial zone, which has another 14 hectares available to new investors, says also the statement.