MachinesIndustrySouth-East European INDUSTRIAL Мarket - issue 2/2017

The private enterprise Velmax is a limited liability company that was founded in 1990 as an enterprise for production, trade and services. The company was deregistered in the Bitola basic court with a resolution and registration number 286/99 from 1999. The enterprise is officially registered in court under the name of Trade Company for production, trade and services “Velmax”, limited company Velmej - Ohrid, Macedonia.

The first activity of the company was wholesale and retail. Since 1997 its activity has been directed towards the production of half-products which are built into the seat belts for the car industry, and this is the basic activity of the enterprise. These half-products are sold in the Holding Company Sipo – Belcista. The capacities of Velmax – limited company Velmej – Ohrid, allow the extra manufacturing of parts of injected plastic for other buyers.

In the beginning of 2004 Velmax created its own section for thermal processing of carbon steel from a programme for seat belts. The development of the company oriented towards completing the existing capacities in order to enlarge its offering on the market.