MAKSTIL AD in 1999 started an intensive investment program of modernization of its production units supported by the European Bank for Reconstruction and Development and Duferco which granted 15 milion Usd loan. The investments projects were realized with international leading manufacturing companies in the following units:

VAI/KVAERNER – Rolling Stand, AGC-Level 2 – Tracking System
SMS DEMAG – Revamping of Caster No. 3
STB TECNOSIDERURGICA BRESCIANA – Ladle Furnace (secondary metallurgy)
TECHINT – Revamping of the EAF-Instalation of KT Injection System (substitution of electrical energy with the chemical one)
BLOOM EUROPE – Gasification and Control System of the Pusher Furnace
CARLO BANFI – Shot-Blasting and Painting Line
Ecological Facilities and Radioactivities Detection Systems
Plate Marker and die stamping
Automation of Cranes
Integrated Information System (ERP Solution)

MAKSTIL AD supported by Duferco in April 2007 have started realization of the second investment phase valued at new 22 milion Euro and additional 20 milion Euro in projects related to the environmental protection. All the activities in MAKSTIL AD will be realized with entire credit support by STOPANSKA BANKA AD, a member of NBG GROUP from Greece.

This phase will cover the following developing activities:

1. Automatic system for regulation of electrodes in Steel Making Plant

2. Intensification of the production process by replacement of the 60 MVA transformer with a 100 MVA transformer

3. Installation of a new reheating furnace

4. Installation of a new descaling system

5. Revamping of the cooling system and internal transportation of the plates

Retrospectively and long term: 

MAKSTIL AD was awarded with high honorable prize "Golden Macedonian Sun"
by the Governement of the Republic of Macedonia, due to successful results in production and export

Projects: 

With the new realised investment projects MAKSTIL AD has become a leader in the metal industry in the Republic of Macedonia and the region
As unique macedonian steel producer, Makstil AD is the core company in the new National Steel Section Strategy, a Short-term Macedonian Restructuring Programme of the Steel Sector supported by European Agency for Reconstruction as main objective of the European Union’s Treaty for Association and Stabilization of the Eastern Europe. The Draft Regional Initiation "European Steel Star 2001" has been designed to promote production, processing and trade of steel products in the Balkan region. The final target is the creation of new regional dynamics in favour of implementation of economical cooperation and coordination in the region, objectives compatible with the general goals of the European Commission policies