Belgian company ‘Van Hool’ to invest fresh EUR 15m in Macedonia, create another 400 jobs

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Belgian bus manufacturer ‘Van Hool’ is set in the next four years to invest additional EUR 15 million in its Skopje plant and create 400 jobs.

van hol

Viktor Mizo, CEO of the Directorate for Technological Industrial Development Zones (TIDZs) and CEO of the Belgian company Filip Van Hool signed Tuesday an agreement on realization of the investment at a ceremony attended by caretaker Prime Minister Emil Dimitriev, Vice-Premier for Economic Affairs Vladimir Pesevski and leader of ruling VMRO-DPMNE Nikola Gruevski.

This year the company intends to erect a new depot and expand the dyeing department. In 2017/208 the existing manufacturing lines will be doubled, which should result in production of 900 busses from current 500 and engagement of another 400 workers, the company’s owner said. By 2019, the number of employees in ‘Van Hall’ Macedonia will reach 1.250, he added.

The Belgian company’s total investment since launching its operation in Macedonia two years ago, and initially announced EUR 13 million, will reach over EUR 40 million in the next four years, Vice-Premier Pesevski said. The new investments of ‘Van Hool’ present a recognition for the sound policies of Macedonia’s Government and the favorable business climate, Pesevski said