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Tags Foreign investors

Tag: foreign investors

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...

Mizo: We don’t negotiate the wages with foreign investors

The standard incentive packet that was given to Technical Textile, the foreign investment that was promoted today in Shtip, includes a tax relief for personal income and relief for corporate taxes for a period of 10 years, including 500,000 towards the investment of 15 million that will employ at least 300 people. The director of the technological-industrial zones Viktor Mizo...

Foreign investors won’t be able to buy land in the zones

Ministry of Economy, through amendments to the Law on free technological development zones, annuls the recent changes to the law passed last year that foreign investors, except lease of land, were allowed to buy plots in some of the free zones, reports portal "E-magazin". Under the proposed changes submitted to the Assembly, the previous law is reinstated, i.e. before the...