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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.
| Site | Largest | Latest |
|---|---|---|
| Veles, North Macedonia | $4.50M | 2017-05-27 |