This industry plays a key role in the domestic economy with its contribution to employment, technological progress and economic growth.

In this analysis, we present the 5 largest companies by total revenue in 2021 operating in this field.

We can conclude that despite the difficult and unfavorable conditions during the covid crisis, these companies quickly managed to get back on their feet and continue their successful operation in our climate. The total revenue of the 12 companies that are part of the industry is 172 billion denars, and even 91.3% of that amount, i.e. 157.1 billion denars, is income generated by the first 5 companies. From the point of view of the profit before taxation, the amount is almost 6 billion denars, of which 5.6 billion are the 5 largest companies.

It can be said that the contribution to employment has great significance for N. Macedonia. These 12 companies employed a total of 19,143 people in 2022. Of this number, 9242 people were employed in the first 5 companies.

In the following, we present in more detail the 5 largest companies from the industry for the production of equipment and parts for motor vehicles.

JOHNSON MATTHEY DOOEL, Skopje

Total revenue: 127,906,532,233 I Total profit: 5.034.288.542  I Rank largest: 1 I Rank Most Successful: 1

Johnson Matthi is the first and largest foreign-owned investment that was announced on our market in 2007, and began operations in 2010. It is a British company that is a world leader in the production of catalysts for the automotive industry and catalyst systems for pollution control.

The company employs more than 950 people and is the largest and most successful company according to official data from the Central Register. Most of the production is placed on foreign markets, making Johnson Matthi the largest exporter in Macedonia.

Kromberg & Schubert Macedonia Bt DOOEL, Bitola

Total revenue: 12,964,791,072 I Total profit: 174,455,346 I Rank largest: 8 I Rank most successful: 58

Kromberg & Schubert is the second foreign investment on the list. It started working in 2013 in the Zhabeni industrial zone in Bitola, and since then it has been one of the largest employers. In 2022, the company ranked first as the largest employer in the territory of Macedonia, with an average number of employees of 6270 people.

In terms of revenue and profits, Kromberg & Schubert is ranked 8th largest and 58th on the list of most successful.

The main activity of the company is the production of cables for cars, and the home country of this foreign investment is Germany.

MARQUARDT MACEDONIA LLC, Dolno Karaslari, Veles

Total revenue: 5,911,084,778 I Total profit: 243,381,609 I Rank largest: 32 I Rank most successful: 72

Marquardt is also a German investment that started working in Macedonia in 2015, located in the industrial zone in Dolno Karaslari in Veles. The company is engaged in the production of car parts, and produces systems for many well-known car brands. Founded in 1925, Marquardt has existed on the world market for almost 100 years.

It is ranked 32nd on the list of the largest and 72nd on the list of the most successful companies, and in 2022 it employs 550 people in its factory, making it one of the largest employers in the country.

KOSTAL MACEDONIA DOOEL, Ohrid

Total revenue: 5,837,971,273 I Total profit: 10,623,159 I Rank largest: 31 I Rank most successful: /

Kostal appeared for the first time on the business repertoire of Macedonia in 2014, and has been successfully operating for 7 years. This is a giant company that is engaged in the production of electronic components for cars, and the factory in Macedonia is located in the industrial zone in Ohrid. The investment also comes from Germany, that is, from the German company Leopold Kostal GmbH. 

It is ranked 31st on the list of the largest in terms of total revenue, and employs just under 1,000 people in 2022. 

JOYSON SAFETY SYSTEMS MACEDONIA DOOEL, Kicevo

Total revenue: 4,474,857,179 I Total profit: 114,804,811 I Rank largest: 62 I Rank most successful: /

Joyson Safety Systems is one of the leading manufacturers of safety systems in the automotive industry. The company initially entered Macedonia under the name Key Safety Systems, and the factory is located in Kicevo.

In 2022, it ranks 62nd on the list of the largest companies by total revenue, and the average number of employees in the company is 1354 people.