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Tag: Companies

It is not True that Three American Companies Bought Large Agricultural Land in Ukraine

Ukrainian legislation prohibits the sale of agricultural land to foreigners and foreign-owned companies. This restriction can be lifted, but first, there must be a referendum, and no referendum was held for this purpose in Ukraine. Therefore, it is not true that three large American multinational companies bought over 17 million hectares of Ukrainian agricultural land. Consequently, the dilemma that...

Companies working in special economic zones in North Macedonia with profit of 65 million EUR in 2020

The companies working in the special economic zones in North Macedonia, i.e. Technological Industrial Development Zones - TIDZ, which are participating with 47% in country's total exports, last year had a total net profit of MKD4 billion (€65 million), which is 40% less compared to last year. This is a result of the lowered activity up to the middle...

Fifth stimulus package in North Macedonia – €160 million for citizens and companies

The fifth financial package with financial aid for companies and citizens of North Macedonia is worth €160 million, stressed today Prime Minister Zoran Zaev in a press conference. The package consists of 29 in four categories: direct financial aid for companies in the areas of tourism, artisanship, hospitality industri, transportation, the event industry so that they can keep people's jobs,...

In the first three months, €8.1 million Macedonian investments abroad

An issue that deserves attention is the question of whether there will be a time when Macedonian companies start to move investments to other countries, considering that in the first three months of this year, foreign direct investments from our country abroad amounted to €8.1 million. Data from the National Bank shows that there has been a significant increase in...

Zaev: Last year with Tsipras in Davos we opened the doors to our future, today we attract investments

Exactly one year ago, here in Davos, with the Prime Minister of the Republic of Greece, Alexis Tsipras, we first met and opened the doors to our country's future, Prime Minister Zoran Zaev said after the first day came to an end in Davos. -Here, this year we are opening the doors to the economy for our country's promising future. I believe...

Agreements on public procurement will be published on e-nabavki.gov.mk

In order to increase transparency and accountability regarding public procurement, from now on, the public procurement electronic system (ESJN) will feature the assigned agreements, and the public will have an insight into the agreements themselves, reports the Ministry of Finance. “The agreements will be available within the notifications for a concluded procurement. After the procurement have been completed, the agreements...

Five prime ministers from the region and 100 business leaders to attend the “Summit 100” in Skopje

The sixth annual "Summit 100" for business leaders from Southeast Europe will be held in Skopje on October 16th and 17th. The event will feature 100 renowned business leaders, five prime ministers of countries in the region - Bosnia, Serbia, Croatia, Slovenia and Montenegro - as well as representatives of the European Commission. The Chairman of the Board of Directors...

VAT to be paid after a charged invoice and smaller penalties, demand companies

Companies detected 60 problems in the application of certain laws, and frequent amendments to the regulations in the past few years created problems for them, said Jadranka Arizankovska, senior advisor at the Economic Chamber of Macedonia. The Chamber of Commerce, in cooperation with other chambers and with the assistance of USAID, are implementing a project called "Partnership for Better Business...

Small number of women are owners and managers of big and medium-sized companies

In 73% of Macedonian big and medium-sized enterprises, the owners are men and 67% of them are general managers, while women are managing around 33% of the companies and only 27% are owners. These are the results of the research of gender equality on managing positions in Macedonia, that the Institute for communication studies in cooperation with the "Isida...

Hodza: The national debt towards private companies is approximately 1 billion euros

The new government should revise how much the state owes and which institutions have debts in order to think whether we should enter into negotiations for cooperation with those institutions, said Nebi Hodza, the president of the Chamber of Commerce of North-West Macedonia on a weekly interview on Radio Free Europe. He said that the government’s debt or the state’s debt...

Tevdovski: The budget is very thin, but there is enough for salaries and pensions

On the budget’s account concluded on the 31st of May there is 6.5 million euros, and on the foreign exchange account there is 209 millions euros, assets from the eurobond, informed today the Minister of Finance, Dragan Tevdovski. Further, he said that the budget has enough assets for servicing current expenditures and for payment of salaries and pensions. The money...

SPO launches “Trust” case, for ELEM’s tender worth millions

Today, the Special Prosecutor’s Office has launched a new investigation, code-named “Trust”. At the press conference, prosecutor Fatime Fetai said you could really see “how far the competition went to win the tender”. It is regarding a tender from 2011 from the state company “Macedonian Power Plants” (ELEM) for mining coal and waste from the Suvodol mine in Bitola. Forged documents...

The State owes companies one billion euros, says Zaev

It is estimated that state institutions on a local and central level, owe companies one billion euros. This was stated by SDSM leader, Zoran Zaev at a meeting with representatives of the Chamber of Commerce of Macedonia (SKSZM). He added that there are many hidden debts that the public does not know about, and promised that if SDSM comes to...

Minister Minoski Participated At Annual Meetings With World Bank And IMF

“Most of the Governments priorities in the economy are fully aligned with the priorities of the World Bank. We are thinking about projects where the main focus will be the development of the private sector, linking domestic companies with the free economic zones, projects in the areas of road construction, and strengthening our efficiency in energy , "said Minister...

Minoski and Bogov call on banks to open their purses to companies

Banks will release funds to invest in the corporate sector, said the Minister of Finance Kiril Minoski, and the Governor of the National Bank of Macedonia, Dimitar Bogov after the regular session of the Committee concerning financial stability in the country. “The political crisis has had an effect that resulted in a more restrictive policy from the banks, so they...

Macedonian-Austrian Business Forum on June 7

On June, the 7th, nine Austrian and local companies will come together for the Маcedonian-Austrian Business Forum at the Economic Chamber of Macedonia. Companies will be from various industries such as textile, food, pharmaceutical and the metal industry. The goal is to deepen direct cooperation, which will develop competitiveness in the market, making way for the creation of new products and...

Last year banks approved loans amounting up to 400 million euros

Macedonian banks last year approved loans amounting up to 400 million euros, according to the latest data from the National Bank. According to information from December, the credit was largely directed to the corporate sector, and a smaller amount to the household sector. Following measures taken by the National Bank, this year banks will tighten controls for issuing consumer loans. The goal...

The New Year is full of uncertainty and insecurity for the export for Macedonian companies

For Macedonian companies the New Year brings the prospects of uncertainty, and insecurity for exports to overseas markets. For the domestic market, the impact of consumerism is diminishing in the Macedonian home market, as for the international situation, global developments are slowing down, with more negatives, such as the influence of growth in China and the European embargo that...

SDSM: New fee for companies from 60 euros

The opposition SDSM accused the government of introducing a new fee of 60 euros which companies will have to pay every year. “Was it not enough when they introduced a compulsory reserve of GPRS-cash or additional costs of 500 euros, so now they have invented a fee of 60 euros per year which must be paid by each company to...

No one to defend workers: Daily wage 400 denars, while absence fine 1,500 denars!

The new decision on the payment of K15 left the companies themselves to decide whether to pay or not. In practice this would mean that workers would hardly be able to hope for that money. Although, until now, the payment of K15 was mandatory, companies found different "loopholes" how to restore the money. They paid money to the transaction account...