The Macedonian-Italian company ERI CORPORATION LLC has existed in North Macedonia since 2015, and its main activity is the production of modern recuperative and regenerative heat exchangers intended for ventilation systems in residential and industrial buildings.

Founded with foreign capital, as part of the wave of foreign capital investments that swept North Macedonia, the company has been one of the largest and most successful companies in Macedonia for almost a decade.

It is a company that is considered one of the largest manufacturers in its field, and its products, which are made according to all European standards, are manufactured in the factory in Bitola.

ERI CORPORATION is a key factor in the development and growth of both the North Macedonian and Bitola region economies.

Given that it provides secure employment and livelihood for hundreds of people from this region, the company has great importance, not only in terms of the economy, but also in terms of the technological and development aspect of society, as it ensures the application of the most modern European production methods in its field and in our country.

The growth and development of the company over the years

ERI CORPORATION LLC became part of the 200 LARGEST AND SUCCESSFUL for the first time in 2019, when it ranked among the most successful companies for the first time and took 80th place, according to the profit before tax of 166,2 million denars .

Compared to the previous year, in 2019, the company managed to achieve a growth in pre-tax profit of 244.05%.

After this successful year, two slightly worse years followed, which can be seen in the significant decline in profits, but also in the average number of employees.

Namely, the company ended 2020 with 176 employees, but with the growth of production in the following years, their number began to move upwards again.

In 2023, ERI CORPORATION ranked 54th on the ranking list of the most successful companies in North Macedonia.

This year, the company ended with a total profit before tax of 293,362,661 denars , or in percentage terms, it recorded a growth in profit before tax of 32.05 %.

In the five-year period from 2018 to 2023, the growth in pre-tax profit increased by 76.47%.

It is noteworthy that the number of employees has increased significantly in view of the turbulent year 2020, so that in 2023, the company employed an average of 247 people.

Macedonian products with European quality

Currently, ERI CORPORATION is one of the largest manufacturers of modern heat exchange equipment intended for air conditioning and ventilation systems, which are manufactured in accordance with international quality criteria.

The change in the numbers in the operational part of the work may be largely causally related to some major changes that have occurred in terms of legislation and the corporate segment of the company.

So, if in terms of performance it seems that 2022 marked a turning point for the company in terms of success and numbers, that year is also very important because it was then that ERI CORPORATION acquired one of the key certificates that allows it to increase its workload , which is the Eurovent certificate awarded by the EU.

This was a very important step, both for the company and for North Macedonia as a country, as this was the first time a company from our country had obtained this prestigious certificate.

What is Eurovent?

Eurovent is a certification awarded by independent bodies for heating, ventilation , air conditioning and refrigeration products, which involves rigorous product testing.

The awarded Eurovent certificate indicates that the products work exactly as advertised and are energy efficient.

Unlike the usual tests that factories carry out as part of their operational process, Eurovent is a certificate that is awarded by a third party, i.e. by independent bodies, which are not biased towards the manufacturer or the product, and therefore it is considered to provide a realistic picture and assessment of the quality of the product you are purchasing.

Within the framework of testing, several key factors are taken into account, such as capacity, fan power, energy efficiency, noise level, but it is also taken into account whether the software offered by the manufacturer reflects the actual operation of the products.

Thanks to this certificate, buyers receive:

•           Guarantee that the product works flawlessly;
•           Proof that products with this certificate will perform as advertised;
•       Ensuring that products comply with government regulations and requirements, as well as internationally accepted standards and codes;
•       Proven products that help preserve the environment and reduce carbon dioxide levels in the air.

By acquiring the Eurovent certificate, ERI CORPORATION has proven that their products manufactured in the Bitola factory and by the professionals in their factory meet all the criteria and standards necessary for presence on the European and international markets.

In addition to Eurovent, ERI Corporation holds several other key standard certificates, which guarantee long-term operation and presence in the Macedonian economy, but also in the Macedonian business sector.