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Dei/Sole 24 Ore – Former Yugoslav Republic of Macedonia – Italian company ITEC invests in Tetovo “Free Zone”

The foundation stone has been laid for the new PRO COMP ADVANCE TECHNOLOGIES production plant in the Tetovo Technological Industrial Development Zone (“Free Zone”). The project was conceived by ITEC, an Italian company, with its Macedonian partners. In the first 3 years the investment will amount to 3.8 million euros. The 4,000 square-metre facility, specialising in pultrusion technology and the production of glass and carbon fibre components, will employ 120 people.

ITEC’s is the 4th Italian investment in Macedonia, following those by

Teknohose, Diatec and Gimon S.p.a. and confirming Italy’s role as one of the country’s top 5 economic partners. Source: infoMercatiEsteri

More economic news, in Italian, from Morocco, Brazil and the USA