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North Macedonia

CAVO Otomotiv, Turkiye, announces investment in North Macedonia for components production

Jun 17, 2026

On June 16, the Ministry of Economy and Labor of North Macedonia announced that CAVO Otomotiv is investing EUR 21 million in the Technological and Industrial Development Zone of Tetovo. The investment will create 550 new jobs. CAVO Otomotiv will transfer part of the production currently carried out in Turkey and Slov....

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