Macedonia - Wood Briquettes and Pellets
Golden Bag Recycling


The promoter is a Swiss entrepreneur who has conducted a successful wood pellet and briquettes business in Kosovo since 2011.

Gaining experience in this industry and observing positive sales, he decided to expand and to start a production in Macedonia. For this, he needed additional funds in order to invest in machinery and infrastructure.

Even though competition has established, demand for pellets and briquettes in Macedonia and neighboring countries is still much higher than supply. Producing briquettes and pellets supports the disposal of wood wastes and substitutes for gas, oil, coal and electricity as sources of energy.

Development Impact

Creation of 12 jobs

Substitution of fuel based energy