The German company Kostal is a global leader in the supply of technologically advanced electronic, electromechanical, and mechatronic products for major industrial organizations. Kostal is present at 38 locations worldwide in 17 countries on 4 continents, and counts a staff of over 15,000 people.
In December 2014, the company published its plans for increasing production capacity in Europe through investment in Macedonia. According to the plan, the company will start with a brownfield investment and the Greenfield is expected between 2017-2018. It will be located in the Ohrid-Struga free zone. The first phase of the investment will be focused on producing mechatronic products and is expected to open up to 1,000 jobs, while significant expansion is expected in the future with a total investment of up to €70 million.