The Turkish company Çağatay Kablo announced a construction of their factory in the Bunardzik zone, six days before the day of the parliamentary elections in December 2016.

According to the announcements, this is a 6 million euros investment which is supposed to open 200 new jobs. This is a company producing electronics for buses and agricultural machinery, and it arrives in Skopje as a supplier of the Belgian company for production of buses Van Hool.

The owner of Çağatay Kablo said for the media that they chose Macedonia due to the incentives for investing in the zones, with support by the relevant institutions and the young and professional staff.

“We shall commence the construction of the factory in 2017. We rented a 20,000 m2 land in Bunardjik. Our plan is to start the business operations by the end of 2017. We also plan to start with 100 employments and invest 3 million euros, which would later be expanded to 6 million euros and we shall employ a total of 200 persons”, said Mr.Ahmet Koroğlu, owner of Çağatay Kablo.

The Director of the Agency for Technological Industrial Development Zones Mr.Viktor Mizo said that the initial contact was established upon request by Mr. Phillip Van Hool, owner of the Belgian company for production of buses.

“He approached and said – here is the company we want to cooperate with. So we entered into negotiations. They selected a location which is close to Van Hool and they will start doing business in 2017. Sometime in the second half og 2017 the trainings for the new employees will also start”, said Mr.Mizo.

The Çağatay Kablo products will be purchased by Van Hool but they will be also exported to the European market.

On a side note, the Çağatay Kablo Otomotiv Elektrik Sistemleri DOOEL Gostivar was established in November 2016 with founding capital of 20,000 euros.

 

Source: http://investicii.prizma.mk/en/inv/Cagatay-Kablo