Tag: investors

Two years after the Draft law for the amendment of the Law on Trading Companies was filed by the Ministry of Economy of North Macedonia and one year since it was enacted, the opportunity to found a trading company in North Macedonia with the founding capital of just €1 seems to be cast aside by the young people, but...

In the first three months of this years, the total foreign investments amount to €137.7 million, which is significant rise over the same quarter of 2019, when the foreign companies invested €48.5 million, the Central Bank of North Macedonia data shows. It is interesting that the biggest part of these investments, €108 million, was made in March, when the COVID-19...

МThe Foreign Investments Minister, Elvin Hasan was on an official visit to Turkey where he has met with the Minister of Foreign Affairs, Mevlüt Çavuşoğlu, the Minister of Trade, Ruhsar Pehcan and the Minister of Industry and Technology, Musfata Varank. "Even though Republic of Turkey is one of the biggest investors in our country, it was noted that stock...

Last night, Prime Minister Zoran Zaev met with Fatmir Zymberi, owner of the American franchise KFC (KFC - Kentucky Fried Chicken) where they announced the opening of the first two restaurants in Tetovo and Skopje on September 14th. The investment is worth more than 10 million euros and according to the business plan, they plan to open several restaurants in...

The current government is mulling and taking over preparatory activities for issuing a new Eurobond, in the fourth quarter of this year in order to repay maturing debts due next year, informs the business informative service “Intellinews”, citing sources at the Austrian bank “Raiffeisen Bank International.” If the new issue goes ahead, as the report states the shortest maturity of...

Representatives of the International Monetary Fund met with President of the Foreign Investors Council Juan Pedro Jimenez Navarro, informs Economic Chamber of Macedonia. Navarro stressed that foreign investors who are already part of the Macedonian economy believe in the system and because they have long been on the Macedonian market, generally considered the business climate as good for entrepreneurship. Moreover, he...