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Siemens International

Siemens A. E. subsidiary Skopje

Incomplete data

Investment value


No data


158.242 euro






In February 2007, the government led by the Deputy Prime Minister of the time, Zoran Stavreski, and Siemens representatives announced that the German company would invest in Macedonia and open a software center, which would employ between 15 and 20 people.

Both sides then informed the public of the amount of the Siemens investment in the center.

"As a result of several months of negotiations, we are pleased to inform you that Siemens International is coming to Macedonia to open a software development center. This is a proof that the country is an interesting destination for foreign investments and that the government efforts to improve the business climate and complete the reform processes have yielded results. We expect the software center to grow as we expect to have much of the Siemens software developed in this country in the near future", said Stavreski back then.

This investment is not referred to later on, neither in the VMRO DPMNE election programs nor in their reports of accountability, under the section “Successful Foreign Investments”.

The Skopje Siemens company still exists, but at the end of 2015 and 2014 it had only one employee and noncurrent assets of nearly 160,000 EUR. In 2016, however, this company had no employees.

Last update: 04 april 2017

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