Ferrous and non-ferrous metallurgy
Due to its natural resources (nickel, silica, lead, zinc, precious metals), Macedonia has a long tradition in ferrous and non-ferrous metallurgy. A large number of facilities in the sectors of ferrous and non-ferrous metallurgy have been developed since the early XX century. Main products include ferro-nickel and ferro-silica alloys, hot and cold rolled sheet steel, seamed pipes, lead, zinc, copper, gold, and silver.
Ferrous and non-ferrous metallurgy are respectively 11, 24% and 7.27% of the country’s industrial production volume index.
|Industrial manufacturing sector has widely developed in Macedonia during the Yugoslavian period to include several producers of automotive components, a bus manufacturer, producers of electrical equipments and household appliances.
The country has a large chemical industry, which accounts for about 4.63% of its industrial output. There is a well-developed capacity for the production of basic chemicals, synthetic fibres, in addition to detergents, fertilizers, etc... Some of the largest companies however have not been privatised yet and suffer from the lack of investment during the last decade.
Pharmaceutical and cosmetics companies are also well established exporting throughout the region and beyond.
Like in many Eastern-European countries, this industry has become a major employer (branch employing the largest number of workers) and an important contributor to the GDP. Cotton thread and fabric, wool yarn, fabric and knitted fabric are the main products. This production is mostly export oriented.
|For centuries, Macedonia has a reputation for quality of its fruits and vegetables and it has developed a real expertise in the agro-food business.
Local companies produce, amongst other, canned fruits and vegetables, bottled juices and processed meat both for local market and export.
|Macedonia has a real expertise in construction. For decades, large Macedonian construction companies have completed large construction and civil engineering projects in the whole region. The percentage of the projects undertaken abroad of the Macedonian construction companies in 2009, is slightly increased compared to 2008. Construction activities in Macedonia in 2009 compared to 2008 are decreased due to the limited economic development over the past years, but perspectives are very positive and construction companies have now started stirring up the interest of large foreign investors. In the first quarter of 2010, the construction industry contributes 7.7 % of the country’s GDP.
There is a dynamic local construction material industry producing cement, tiles, sanitary ware, gypsum and associated products.