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GOVERNMENT TO SING AGREEMENT WITH FRENCH COMPANY



National.

Government delegation, led by Prime Minister Nikola Gruevski, will sign Wednesday an agreement with a renowned French company within the car industry sector on construction of a factory in free economic zone Bunardzik.

The investment is worth Euro 60 million, increasing to about Euro 100 million in six years.

The factory will produce vehicle aluminum engine heads for brands "Ford", Renault", "Citroen", "Peugeot", "Audi", and "General Motors".

According to initial projections, 500 people will be employed, with expected revenues of Euro 200 million in five years.

The Government delegation also includes Vice Premier for Economic Affairs Zoran Stavreski, Finance Minister Trajko Slaveski, and Minister for Foreign Investments Vele Samak.


[Mina]

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February 27 2010:
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