BMZ Group, a global specialist in lithium-ion batteries, announce the latest milestone in the corporation''s global expansion plans: BMZ is about to found its fith global production site in
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The German battery manufacturer BMZ Group wants to open a production site in northern Macedonia. The corresponding agreement with the government there has already been signed. More than 60 production lines are to be built there by 2028.
It is not known how much the company is investing in the North Macedonia site or what kind of batteries are produced there. In July, BMZ Group signed a strategic cooperation agreement with CALB (China Lithium Battery Technology) for the development and production of batteries for electric commercial vehicles.
During an official signing ceremony on September 4 th, 2023 at the BMZ Headquarters in Karlstein, Germany, representatives of the Government of North Macedonia and BMZ signed a contract about BMZ’s expansion plans and the country’s commitment to offer economic subsidies.
The battery manufacturer says it decided on a location in North Macedonia for various reasons – on the one hand, North Macedonia is known for its “investor-friendly policies” and the company sees the “enormous growth opportunities of BMZ”. On the other hand, the company suffers from a shortage of skilled workers in Germany as well as in Poland.
The corresponding agreement with the government there has already been signed. More than 60 production lines are to be built there by 2028. According to its own information, BMZ wants to start battery production initially in a rented building in the metropolitan region of Skopje.
BMZ Group, headquartered in Karlstein am Main, develops and manufactures lithium-ion system solutions in the areas of home and industrial storage/green energy as well as e-mobility and drive systems, among others. As reported, BMZ sells its battery cells under the TerraE label. bmz-group.com
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