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ECONOMY

According to the industrial production indices for
September 2015, the manufacture of machinery and
equipment n.e.c., participated with significant 6.12
percent in the structure of total production in the
country

decline in production was among the high-         Matthey“ has not only grown into a leader
est in the industry.                              of a branch but also of the whole Macedo-
                                                  nian economy. It is evident also from the
WHAT HAPPENED IN THIS PERIOD?                     data in the financial statements that the
   On May 9, 2012, the British company            companies submit to the Central Registry,
                                                  according to which this company is the
marked the beginning of the project for           most successful both according to the size
expansion of the business in Macedonia            of the income and the profits generated
by building a second plant located in the         last year.
Technological Industrial Development
Zone „Skopje 1“. The investment amount-              Last year the company generated in-
ed to 60 million euros, doubling current          come of 936 million euros, which is by 48.3
production and creating 100 new jobs. Ac-         percent more than a year earlier. For com-
cording to information from the Directo-          parison, this income is almost 2.5 times
rate for Technological Industrial Develop-        the income achieved by the second-largest
ment Zones (DTIRZ), the investment was in         company - EVN, and the difference is even
response to the growing demand for more
sophisticated, complex catalysts, whilst
meeting strict European requirements for
control of the emissions for both light and
heavy vehicles, as well as the equipment
used in construction and agriculture.

   According to DTIRZ the plant of „John-
son Matthey“ in the Technological Indus-
trial Development Zone „Skopje 1“ is the
most sophisticated and most advanced
factory of this company in the world that
operates in over 30 countries and employs
approximately 10,000 people. Core activi-
ties of „Johnson Matthey“ are the produc-
tion of autocatalysts, diesel catalysts for
heavy vehicles and systems for pollution
control, catalysts and components for
electric cells, catalysts and technologies
for chemical processes, fine chemicals,
chemical catalysts and active pharmaceu-
tical ingredients, as well as marketing,
processing and production of precious
metals.

   After all this, it is clear that the story of
the manufacture of machinery and equip-
ment in our country is actually a story pri-
marily about one single company, foreign
investment, which chose Macedonia from
among 13 possible destinations.

   In a short time the plant of „Johnson

42 November 2015
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