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Government of North Macedonia raises privatization fees for state-owned land 30-fold

Instead of the initial fee of MKD 61 (€1, roughly) per square meter valid up to now, the privatization of the state-owned land for commercial constructions will be paid MKD 13,140  per square meter if it is implemented in terms of acquired ownership rights...

Ukraine urges North Macedonia to join EU’s economic sanctions for Russia

The ambassador of Ukraine to North Macedonia, Natalia Zadorozhniuk in the panel discussion "The Russian-Ukrainian Crisis and North Macedonia" organized by CIVIL, which took place on the 9th of February, said that Ukraine expects clear and unambiguous political support from its friend North Macedonia...

North Macedonia pays highest prices for methane in the neighborhood, even though Gazprom lowered its price by 13%

Russian company Gazprom has reached an agreement with the North Macedonia company Makpetrol to lower the price of the methane in North Macedonia (compressed natural gas - CNG) by 13%. As a result, instead of 110 MKD per kg, starting from yesterday, at Makpetrol's...

Government will help 7,500 households in North Macedonia pay electricity bills

The Ministry of Economy of North Macedonia issued a call for applications for financial aid to low-income households for their electricity bills. The total amount of the aid is MKD60 million (€ 974.000) from the state budget, with the aim to protect the vulnerable...

BEG wants to “central-heat” citizens of Skopje at 300% higher prices – and with Russian gas

Approximately 56 000 users connected to the central heating network in Skopje, the capital of North Macedonia, could get much higher bills from the 1st of January. Balkan Energy Group (BEG), the operator of the network, submitted request to Energy and Water Services Regulatory...

North Macedonia gets more money from taxes than it spends on protection of environment

The inflow in the central budget of North Macedonia from the environmental taxes is on the rise. In 2019, €219 084 552 were collected in the state budget i.e. a record sum of taxes was paid, compared to the previous years, shows the State...

Prices of used vehicles in North Macedonia on the rise due to the global shortage of microchips and semiconductors

The global shortage of microchips and semiconductors has caused problems in the automobile production sector worldwide. This problem also affects North Macedonia. According to the forecasts, the shortage of chips will last until the second half of 2022. The problem with the microchips and the...

No electricity price hikes in North Macedonia expected, but there will be coal imports

There is no reason for panic among Macedonian citizens regarding the price of the electricity during the forthcoming months, said the Energy Regulatory Commission of the Republic of North Macedonia. Throughout Europe, the price of electricity at Holland's market has climbed from 16 EUR for...

Zaev, Vucic and Rama signed the first official documents of the OpenBalkan Initiative

As the first important steps of a new and concrete impulse to promote regional co-operation within the framework of the "OpenBalkan" Initiative, North Macedonia’s Prime Minister Zoran Zaev, the president of Serbia Aleksandar Vucic and the Prime Minister of Albania Edi Rama, yesterday signed...

Some young people in North Macedonia during the coronavirus crisis managed to build successful businesses

During the coronavirus crisis, some young people in North Macedonia saw the opportunity to start their own businesses or to adapt their existing businesses to the new normal that was imposed by the restrictive measures against the coronavirus. The stories that were told to Meta.mk...

Guarantee Fund will start functioning soon in North Macedonia, companies will receive guarantees for loans up to €500,000

In Macedonia, a Guarantee Fund is expected to start operating that will allow micro, small and medium enterprises as well as larger traders whose incomes on basis of import are participating with at least 30% in the total incomes, will allow them guarantees for...

TIDZ announces new, German educational model catering to needs of companies in North Macedonia

New measures for promoting the concept of dual education, according to the needs of the companies and with support from the Institute for Business and Management Heidelberg - Skopje for the introduction of a German model of education in the country were announced by...

NMacedonia: New optimistic fiscal strategy with forecast growth of 5.4% and unemployment of 8.6%

The new Fiscal Strategy for the period 2022-2024, with projections until 2026, is carrying strongly optimistic forecast about the development of the economy of North Macedonia. The economic growth rates are planned to above 5% and the unemployment rate at only 8.6%. Also, the...

Almost 70% of the German investors in North Macedonia would invest again

Almost 70% of the German investors that have made investments in North Macedonia would do the same again, shows the poll implemented by the Delegation of German Industry and Commerce in North Macedonia (Delegation der Deutschen Wirtschaft in Nordmazedonien). The current situation in their companies...

North Macedonia’s export in the first quarter of 2021 was $2 billion, 29% more compared to the same period last year

In the period between January and March this year, North Macedonia had foreign trade in the amount of $4.6 billion. The total exports reached $2 billion, a growth of 29% compared to the same period last year. The value of the imported goods is...

€2 million non-refundable money for new startups and spin-off companies in North Macedonia

The Fund for Innovations and Technological Development (FITD) of North Macedonia issued a public call for co-financed grants for newly formed trade companies, startups and spin-offs, from the instrument for support "Start-upping 3," which is opened until the 12th of June this year. The...

German pharmaceutical company Gerresheimer AG opens medical glass plant in North Macedonia

фото : Влада на РСМ
In the Technological industrial development zone "Skopje 2," the German pharmaceutical company Gerresheimer AG officially marked the start of its investment, the new plant for manufacturing specialized products made from medical glass and medical plastic. The value of this investment is a minimum of...

North Macedonia: Biggest insurance claim payment last year was €382,000

фото : АСО
The citizens, companies and institutions in North Macedonia last year collected MKD 4 billion (€65.1 million) from insurance claims, which is on a par with 2019. Out of this sum, €58 million were paid for damages on basis of non-life insurance and the payments...

Dräxlmaier signs agreement with Government of North Macedonia for new €16 million investment

Agreement for state aid for the new investment cycle of the German company Dräxlmaier in North Macedonia was signed by the Deputy Prime Minister for Economic Affairs Fatmir Bitiqi and the company's managers, Lucas Muehringer and Joseph Otto Eric Kaufmann. The new investments will amount...

Foreign tourists in North Macedonia will get free PCR tests

The Government of North Macedonia during yesterday’s press conference announced free PCR tests for the foreign tourists visiting the country during the forthcoming summer season. It’s one of the measures that are part of the sixth Anti-COVID package to aid the economy, with the...