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SKOPJE (Macedonia), June 11 (SeeNews) – Turkish company Sutas has completed the acquisition process for Macedonian bankrupt dairy Swedmilk and plans to restart production in the fall, local media reported.
Sutas plans to increase the annual processing capacity of its Macedonian plant to 175 million liters of milk from 70 million liters, daily Utrinski Vesnik (www.utrinski.com.mk) reported during the weekend, quoting Sutas president Muharrem Yilmaz.
Some 100 people will be employed at the Macedonian dairy company within a year and their number will reach 250 at the end of the investment process.
No further details were immediately available.