Van Hool sets up a EUR5m Macedonian subsidiary

Belgian bus maker Van Hool has set up a EUR5m Macedonia's subsidiary, SeeNews reported March 28, citing data from the country's Central Registry. The main line of business is motor vehicles production. 

In January, Belgian daily De Standaard reported that Van Hool plans to build a plant near the Macedonian capital Skopje, adding that its output could reach 500 buses over the next three years.