The German company "Marquardt" officially opened its factory today in in the industrial zone Karaslari in Veles. In the plant, which has an area of 15,000 square meters, already has 170 of the planned 600 employees. The current investment is EUR 25 million and is planned to reach over EUR 35 million. The factory will produce high-tech parts for the German automotive industry, for Merzedes, Audi and BMW.

The new factory was opened by the Prime Minister Nikola Gruevski, the owner of "Marquardt Group" Harald Marquardt, the Deputy Prime Minister for Economic Affairs Vladimir Pesevski, the  Minister for Foreign Investments Vele Samak and the Mayor Slavcho Chadiev .

- This is the first major foreign investment in Veles and in general the first major factory in 20 years thet opens in this city, said the Prime Minister Gruevski.

Marquardt Group is a family enterprise headquartered in Germany. It is a manufacturer in the field of electro-mechanical and electronic switches and switching systems. Its systems are found in household appliances and other industrial applications. The company has over 6,500 employees worldwide at 12 locations in nine countries on four continents. The annual turnover is more than EUR 680m.