Three years from now, the plant will be exporting produce worth 300 million euro annually, Mickoski said, as quoted in a government press release.
The facility will create jobs for 150 people, he added.
Shtip is home to one of the country’s technological-industrial development zones, aimed at attracting foreign investment, particularly in manufacturing and export-oriented businesses. The city has been traditionally identified with textile production.
(SeeNews, June 27, 2025)North Macedonia's prime minister Hristijan Mickoski said on Friday that an unnamed investor from an unspecified country in the European Union will invest 35 million euro ($41 million) in the development of a battery production factory near the eastern city of Shtip.