The investment in Macedonia will amount €30 million. Minister of Foreign Investments Vele Samak has recently announced the amount of the investment and number of new jobs.
The company will open production facility for electrical installations and cables this year, offering jobs to 4,000 employees in the next 3 years. The products from the factory in Macedonia will be installed in Mercedes cars in Germany, Samak said.
The Dräxlmaier Group is an international company founded in 1958 in Germany and produces automotive specific cables, spare parts and electrical equipment for cars. The Dräxlmaier Group has a global presence on four continents, in over 20 countries, at over 50 locations.