Alkaloid plans €11m North Macedonian expansion
Alkaloid is planning to invest €11m to expand its operations in North Macedonia. The money will go toward new production and packaging facilities, which will help boost the drug manufacturer’s capacity by 50 percent to 3 billion tablets and capsules annually. The new facilities will spread over 7,000 sqm and will start operating in H1 2020. Alkaloid intends to hire an additional 200 new employees. The company has been manufacturing drugs, cosmetics and chemical products and processing botanical raw materials for 80 years.