# STS Textiles opens Luteks textile plant in Veles, North Macedonia

German company STS Textiles inaugurated a new factory called Luteks in Veles, North Macedonia, for the production of technical and industrial textiles. Initial investment is about €4 million, with plans to invest up to €7 million over five years. Initially 50 jobs, with plans for up to 1,000 in five years.

- Type: New facility
- Announced: 2017-05-27
- Where: Veles, North Macedonia
- Value: $4.50M (4.00M EUR)
- Jobs: 50
- Starts operating: 27 May 2017
- Status: completed
- Products: technical and industrial textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [STS Textiles](https://endata.com/companies/24537.md)

## Sources

- [telegrafi.com](https://telegrafi.com/fillon-pune-fabrika-gjermane-luteks-ne-veles/), 2017-05-27: "Sot në rrethin e ish-fabrikës 'Nonça Komisheva' në Veles, do të përurohet fabrika për prodhimin e tekstilit teknik dhe industrial 'Luteks', e cila është investim i kompanisë gjermane 'STS Textiles'."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.