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Kromberg & Schubert - German Innovation Produced in North Macedonia

Since its inception, Kromberg & Schubert has been synonymous with innovation. The company’s Macedonian factories represent another hub driving innovation in the automotive industry.

"Kromberg & Schubert" has been synonymous with innovation since its beginnings until today. The factories of this international giant in North Macedonia are another segment where innovation is created in the automotive industry.

The name "Kromberg & Schubert" has great significance for Macedonian industry.

This is a factory that decided to open two large factories in North Macedonia and thus move a large part of its production to our country.

kromberg-i-subert

"Kromberg & Schubert" as part of the family of the largest and most successful

After 13 years of operation, the German giant's factory is one of the largest employers in our country , and it is a foreign investment that has been part of the family of the largest and most successful Macedonian companies for years.

In 2023, the company ranked 6th on the ranking list of the largest companies in our country, and 49th on the ranking list of the most successful .

"Kromberg & Schubert" in 2023 achieved total revenue of 21,688,754,079 denars and profit before tax of 371,175,103 denars.

In percentage terms, in terms of total revenues, the company achieved growth of 40.82% compared to the previous year 2022, and the growth in profit before tax was 30.32% .

With these figures, the company has once again shown that it remains one of the most stable companies in our country, which contributes greatly to the development of the Macedonian economy - both through direct employment of people and through cooperation with a large number of other Macedonian companies.

At the same time, the factories of this company in North Macedonia are a significant segment that drives innovation in the automotive industry.

KrombergAndSchubertCables

From a small regional company to a global leader in innovation

The Kromberg & Schubert factories in Bitola and Skopje are part of the global Kromberg & Schubert group, whose specialty is the production of cable harnesses for the automotive industry.

The company's operational processes include four business units in cable manufacturing, On-board networks, plastic technology and mechatronics.

The opening of factories in North Macedonia was part of the strategic growth plans of the company, which traces its beginnings back to 1902.

This is a German company that, in its long history of 120 years, has managed to transform itself from a small regional business into a global company that employs over 50,000 employees worldwide, of which around 8,500 are in factories in North Macedonia alone.

The story of the company actually dates back a year before its official start of operations, in 1901, when Paul Kromberg, after completing his education and working as an engineer, decided to start producing cables in his brother's factory.

Kroberg's company initially had only 4 employees.

Although he had a number of ideas, he initially lacked fresh capital and knowledge of the business sector, so this is where Ernst Schubert stepped in.

Thus, the two founded the company Kromberg & Schubert in Barmen (present-day Wuppertal) in 1902.

From the very beginning, to this day, the company has been focused on innovative processes and expanding production capacities, surviving even during periods of war and severe economic crises.

In the 1970s and 1980s, the company took its first steps towards internationalization by opening new factories in Ireland and Scotland, and with the fall of the Berlin Wall in the 1990s, the opportunity to open new factories in Hungary, Slovakia, and Romania opened up.

After 2002, the company took on even greater momentum and opened an even larger number of factories in Poland, England, Mexico, Romania, Ukraine, Tunisia, Botswana, Czech Republic, Macedonia, China, Morocco, Spain, Serbia and Paraguay.

"Our workforce has been growing continuously with this expansion: from around 14,600 employees in 2007, to around 25,000 employees in 2012. We expect to reach a record number of around 55,000 employees by 2025," the company emphasizes on its official website .

KrombergAndSchubertHistory

German innovation produced in factories in North Macedonia

The entry of "Kromberg & Schubert" into North Macedonia and the opening of factories in Bitola and Skopje meant a major change and an upward movement of the Macedonian economy.

Today, the factories mean a secure livelihood for around 8,000 families.

Additionally, the factories of this German investor have contributed greatly to changing the industrial culture in our country, by providing quality working conditions and imposing new standards for the treatment of employees.

The company also enables our workforce to gain work experience by working on projects for some of the world's most famous automotive brands, such as Mercedes, Audi, Volkswagen, BMW, Škoda, etc.

Through youth engagement projects, collaborations with universities and other educational institutions, this German giant helps our country educate qualified personnel who gain knowledge through practical experiences.

This is a company that, in its 120 years of existence, has always strived to keep its focus on innovative operating processes and to produce products that are "tailored" to the needs of end consumers.

"The passion for progress and the tireless pursuit of perfection constantly drives our search for the best and most efficient solutions," the company emphasizes.

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Annual edition

The State Statistical Office greets the efforts and dedication of Euro Business Center Skopje, as patron of the publication “200 Largest and most successful”, for promoting the success of the largest and most successful companies in Republic of Macedonia. Presenting official statistical data and the actual economy situation in Republic of Macedonia is of particular importance for the readers of the publication. It is a confirmation for the importance of the statistics in bringing decisions based on relevant, quality, accurate and on-time statistical data.

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