AMERICAN COMPANY RECI & SONS ENTERPRISE INVESTS IN THE OHRID/STRUGA FREE ZONE
A groundbreaking ceremony took place in the Ohrid/Struga free zone to mark the start of the new U.S. investment by Reci & Sons Enterprise. The company, founded in New Jersey in 2012, will manufacture personal hygiene and cleaning products, geared towards the European market initially, with plans to expand its reach globally.
The investment is worth €3M and will employ 250 people. What makes this investment particularly meaningful is that owner, Arbnor Reci, from New Jersey, is of Albanian origin from Macedonia. He encourages other expats to invest in Macedonia and provide increased employment opportunities, in order to prevent Macedonia’s youth from abandoning the country. “In this way, we can provide the future with which Macedonia will export products, not people. Stability and growth will provide a better life for our children as well as a better future for people”, stated Mr. Reci.
“I am pleased today that this investment stands as proof that Macedonian emigrants return after many years to their home country to invest. This is due to improved economic conditions, political stability, increased confidence in the institutions, and the developed strategy for productive capital investment. Wherever they may be, emigrants are essentially an extended arm of their native country. Should they decide to invest in their country of origin, they receive a greater number of measures and dual support from the Government of the Republic of Macedonia, ” stated Aleksandar Mladenovski, CEO of Macedonia’s Free Zones,.
The ceremony was attended by Vice Prime Minister, Koco Angjusev, President of DUI, Ali Ahmeti, Minister of Economy, Kreshnik Bektesi, Minister of Foreign Investments, Zorica Apostolska, CEO of Macedonia’s Free Zones, Aleksandar Mladenovski, as well as the Mayors of Ohrid and Struga, Ramiz Merko and Jovan Stojanovski.