TeknoHose Opens Macedonian Plant

Italian company “TeknoHose” will put into use Monday its plant in Macedonia, located in Technological Industrial Development Zone (TDIZ) Skopje 1. The investment stands at EUR 10 million, with the plant creating 150 jobs.

The plant will produce high pressure reinforced rubber hoses, used in construction, automotive industry etc. Output will be distributed to markets in the countries of Southeast Europe and Russia.

Company “TeknoHose”, registered in Macedonia under name “Vitek Macedonia”, is a member of Italy’s Vitillo Group. It purchased an existing facility in TIDZ Skopje 1, which has been completely built and adapted.

The company plans to start the construction of a second facility in 2013 for production of hydraulic couplings for reinforced hoses.