MAKSTIL A.D. SKOPJE  in 1998 had started an intensive investment program of modernization of its production units. With the support of European Bank for Reconstruction and Development and Duferco which granted 15 $ mil.loan, the investments projects were realised 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
  STS TECNOSIDERURGICA – 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
  Cold Plate Marker
  Automation of Cranes
  Integrated Information System(ERP Solution)

Retrospectively and long-term: 

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

Projects: 

With the new realised investment projects Makstil A.D. Skopje has become a leader in the metal industry in Republic of Macedonia and the region.
As an unique macedonian steel producer, Makstil 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 Euopean Commission policies.