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North Macedonia's government said on Monday that Kemet Electronics, a subsidiary of US electronic components maker Kemet Corporation, has opened a seco
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N. Macedonia s Kemet Electronics to invest 10 mln euro in capacity expansion Photo: Croatian economy ministry
SKOPJE (North Macedonia), April 26 (SeeNews) - Kemet Electronics, the North Macedonia-based subsidiary of US electronic components maker Kemet Corporation, plans to invest 10 million euro ($12.1 million) to expand the capacity of its factory in Skopje, North Macedonia s prime minister Zoran Zaev said.
The investment plan foresees opening a research and development (R&D) centre and other investments at the factory, Zaev said in a statement by the government on Friday.
The company plans to R&D centre which will focus on new capacitors, launch new manufacturing facilities and open premises for research and testing of new materials, Stefan Utkovski, operations manager at Kemet Elektronics, elaborated in the statement.