Category: Economy
Economy 20.09.24 | 17:18

The announcement of the autumn basket indicates that rice, flour, pasta, oil, and dairy items would have a narrow margin

Rice, flour, pasta, oil, milk, yogurt, dairy products, vegetables, and fruit are among the 73 items included in the “autumn consumption basket.” The government has decided, following a proposal from the Ministry of Economy and Labor, to cap the gross profit margin for these products at 10%...

Economy 18.09.24 | 17:18

Limit of profit margins for basic food items will be in force for a month, and will be reintroduced periodically

Economy Minister Besar Durmishi today presented the proposal to limit profit margins on a hundred basic food products, that was prepared in talks with the chambers of commerce. The goal of this proposal is to reduce inflation and the prices of food items, which have remained stubbornly high and are approaching...

Economy 18.09.24 | 10:40

Timcho Mucunski and Anna Lührmann Discuss Strengthening Cooperation on European Integration

On Tuesday, Minister of Foreign Affairs and Foreign Trade Timcho Mucunski met with Germany’s Minister of State for Europe and Climate, Anna Lührmann, to discuss bilateral relations and European integration efforts. Both officials expressed satisfaction with the strong bilateral relations, marked...

Economy 16.09.24 | 14:31

Fuel Prices Reduced by Up to 1.5 Denars, According to RKE

The Energy Regulatory Commission (RKE) announced that fuel prices will drop between half and one and a half denars starting at midnight. Eurosuper BS-95 will decrease by half a denar, Eurosuper BS-98 by one denar, and both Diesel and Extra light household oil by one and a half denars. The new prices...

Economy 13.09.24 | 21:20

DPI: Due to school supplies, some dealers face fines and ongoing surveillance

Since the adoption of the Decision on special conditions for the trade of certain goods, specifically school supplies, more than 150 inspections have been conducted, with ongoing investigations due to the extensive documentation and analysis required. The State Market Inspectorate (DPI) reported irregularities...

Economy 12.09.24 | 18:35

Durmishi: Bookshops honour the initiative to lower the cost of school supplies

According to field reports, merchants are adhering to the “Less Costs, More for You” measure. Inspectors will continue monitoring to ensure full compliance across the country, stated the Minister of Economy and Labor, Besar Durmishi. Today, Minister Durmishi, along with Deputy Minister Marjan...

Economy 10.09.24 | 18:49

Tajani: Italy would endeavour to ensure that Macedonia becomes a functional member of the European Union as soon as feasible

Macedonia should become an operational member of the European Union as soon as feasible, according to Antonio Tajani, the vice prime minister of Italy and minister of foreign affairs and international cooperation.In a joint press conference with Timcho Mutsunski, the minister of foreign affairs and...

Economy 10.09.24 | 17:51

From midnight, new prices for gasoline and diesel

As of tomorrow, gasoline and diesel will become cheaper, the Regulatory Commission for Energy and Water Services, RKE, decided today. According to the latest decision, Eurosuper 95 will be cheaper by half a denar and from tomorrow it will be poured for 74 denars a liter. The price of Eurosuper 98 is...

Economy 10.09.24 | 17:41

SSO: Inflation is growing, increased prices of food and soft drinks

Inflation measured through the cost of living index in August compared to July this year was 0.5 percent, the State Statistics Office (SSO) announced today. Retail prices in August compared to July this year increased by 0.5 percent. The cost of living in August this year, compared to August last year,...

Economy 07.09.24 | 08:40

Polish specialists to support State Transport Inspectorate capacity-building

Deputy Minister of Transport Kaltrina Zekolli Shaqiri met on Friday with Poland’s acting Chief Inspector of Road Transport, Artur Czapiewski, and Piotr Wysocki, a representative from the Polish Embassy, to discuss ongoing cooperation between the two countries, particularly in transport policy and...

Economy 06.09.24 | 16:57

Nikoloski: The main priorities of the Government is providing favorable conditions for the use of more affordable air transport

The Ministry of Transport has announced a public call for financial support to introduce new destinations from Skopje International Airport and St. Apostle Paul Airport in Ohrid for the period 2025-2027. As part of the three-year program, funds totaling 360 million denars have been allocated for this...

Economy 06.09.24 | 16:43

Gasoline at a record low price from midnight

The retail price of EUROSUPER BS-95 gasoline is reduced by 2.00 den/liter, in relation to the retail price determined by the decision to determine the highest retail prices of petroleum products and fuels for transportation from 02.09.2024, and thus the retail price of EUROSUPER BS-95 is 74.50 den/liter. The...

Economy 05.09.24 | 15:31

Prime Minister Mickoski Announces €250 Million Infrastructure Fund for Municipalities

Prime Minister Hristijan Mickoski stated at a press conference today that the public call for municipalities to submit infrastructure project proposals is now open. He mentioned that 250 million euros have been allocated for this purpose, and municipalities, including those within the City of Skopje,...

Economy 05.09.24 | 15:26

Mutsunski Disappointed with Gjorgiev: Focusing on Politics Instead of Scientific Work

The government is still considering new personnel appointments for the Joint Macedonian-Bulgarian Commission on Historical and Educational Issues, as well as the Historical Commission with Greece. However, Minister of Foreign Affairs Timcho Mutsunski stated that not all members of the two commissions...

Economy 04.09.24 | 19:09

The Chamber of Commerce of Serbia will open a representative office in Skopje

The Chamber of Commerce of Serbia (PKS) will soon open a representative office in Skopje to provide even stronger support for the strengthening of economic ties between the two countries and to demonstrate that Serbia and North Macedonia are real examples of successful regional cooperation without barriers,...

Economy 03.09.24 | 18:15

ASELSAN Expands Balkan Presence with New Regional Office in Skopje

On Monday, ASELSAN, a prominent Turkish company, inaugurated a new regional office in Skopje as part of its ongoing strategy to broaden its global operations. This office is intended to enhance ASELSAN’s partnerships in the Balkans, where the company has been active since 2014, according to Turkish...

Economy 03.09.24 | 08:16

The OSCE delegates are met by the General Secretary of Parliament

Representatives of the OSCE Mission met with Parliament Secretary General Marina Dimovska and her deputy, Boban Stojanoski, on Monday in Skopje. Participants at the conference discussed successful collaboration, ongoing projects, parliamentary goals, and requirements for organising future collaborative...

Economy 02.09.24 | 19:44

The government and the telecommunications company “4iG” signed a Memorandum of Understanding

The government and 4iG Group, one of the leading ICT companies in Hungary and the Western Balkans, signed a Memorandum of Understanding today in Skopje, aiming to accelerate the digital transformation of Macedonia’s economy and infrastructure. The memorandum, which serves as the basis for long-term...

Economy 02.09.24 | 18:20

Gasoline is cheaper by half a denar

The retail prices of EUROSUPER BS-95 and EUROSUPER BS-98 gasoline and Extra light household oil (EL-1) will be reduced by MKD 0.50 per liter from midnight, the Regulatory Commission for Energy announced. The new price of EUROSUPER BS-95 will be 76.50, EUROSUPER BS-98 will be sold for 78.50, and Extra...

Economy 31.08.24 | 09:10

Kiel Macedonia adds 300 new jobs to Tetovo

A new plant by Kiel Macedonia was opened yesterday in the Tetovo industrial zone. The manufacturer o1f bus and train seats will add 300 new jobs in the plant that spans 7,500 square meters, on top of the 40 working there right now. The investment is valued at 9 million EUR.    

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