Draxlmaier to build facility in Kavadarci.
"According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. our estimates, we expect annual export of over 100 million euros, a net amount of 40 million euros of which will be an added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
- Added Value = Sales - Purchases - Labour Costs - Capital Costs
Draxlmaier's main client for the factory in Kavadarci is Mercedes. The company cooperates with all premium automobile brands from Germany.
Minister Samak informed that the German investor confirmed its decision for investment in December last year. The prime reason for the location of the investment, he said, was the towering unemployment in the region.