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N & N Fiber

N & N Fiber DOOEL export-import Ilinden

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Investment value


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922.094 euro



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In the summer of 2012 during the promotion of a new administrative facility in Bunardzik, the Head of the Directorate for Technological Industrial Zones, Viktor Mizo, mentioned that the Montenegrin company N &N Fiber was building its own factory in the area.

According to the scarce available information about this investment, N &N Fiber planned to produce synthetic fibers.

Currently, there is no information available on the value of the investment promised by the Montenegrins and the number of employees they were planning to hire. However, according to the official available figures for 2014 and 2015, the company had no employees and noncurrent assets of one million EUR.

It is probably due to their initial investments to raise the object in free economic zone Bunardzik.

N &N Fiber in December 2011 concluded a 45-year lease agreement for the land located in an area about 18,000 square meters. The first five years, the company should have paid just under 1,800 EUR a year for the lease, then the amount to change each year according to the rules described in the Official Gazette.

In the reports of the VMRO-DPMNE of 2014 and 2016, in the section dedicated to successful foreign investments the investment H and H Fiber is not mentioned.

Last update: 04 april 2017

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