You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Germany’s Gerresheimer to build plant in N. Macedonia

Germany’s Gerresheimer to build plant in N. Macedonia Bradley Howard/CC BY 2.0

SKOPJE (North Macedonia), March 13 (SeeNews) – German glass and plastic producer Gerresheimer said it plans to build in North Macedonia’s capital Skopje a plant for plastic systems for the pharmaceutical industry, its first in Southeast Europe (SEE), as part of the company’s growth strategy in Europe.

Gerresheimer is investing "a mid-double-digit million euro figure" in the new plant, the company said in a press release last week, adding that amount is already included in its medium-term investment plans.

The construction of the plant will begin in the first half of 2019 and is expected to be completed in the first half of 2020, the company said. The plant will start operation in the second half of 2020.

The plant will initially manufacture medical plastic systems, and add prefillable glass syringes lines at a later stage.

Up to 400 jobs may be created in the medium term.

Gerresheimer is a leading global partner to the pharma and healthcare industries. The company has production facilities in North and South America as well as in Europe and Asia by generating revenues of approximately 1.4 billion euro ($1.6 million).

($ = 0.88694 euro)

Compare