BMZ North Macedonia, a subsidiary of Germany’s BMZ Group, announced the start of construction on a new battery factory in the country, with an investment of €65 million ($71.9 million). The new facility, which is set to commence production in May, will feature 40 production lines and create between 770 and 1,000 jobs, according to Jelica Ivanovska, the general manager of BMZ North Macedonia, who shared the news during a government-streamed press conference on YouTube.
Currently, BMZ North Macedonia operates a brownfield factory with five production lines and employs 110 staff members. The BMZ Group is renowned for developing and producing advanced battery systems for various applications, including medical devices, industrial use, mobility and energy storage. The new factory will significantly expand BMZ’s production capabilities in the region.
