Greek company Plastiki will invest up to 2.5 mln. EUR in production facility in Macedonia

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Greek manufacturer of insulation and plastic materials Plastiki announced its plans to invest up to € 2.5 million over the next two and a half years in new production project in the Macedonian town of Bitola. "This future production base of the company in Macedonia is expected to employ about 150 people," said the owner of the company Yannis Tirbas, learned BalkanEngineer.com from Start.mk.

In the first phase of the project, the company plans to invest 500 000 EUR and to hire about 30 people. Production activities will begin in late February or early March, also specified Tirbas.

The production of the Macedonian plant of Plastiki will be exported to the Middle East, Singapore, Cyprus and the Balkan countries.

Plastiki was established in 1958 in Greek capital Athens. The company produces insulating materials for tunnels, subway stations, dams and other infrastructure projects.

Source of the pictures: Plastiki