Tag: investment
Economy 18.09.23 | 15:30

The German pharmacy chain Rosman enters in Macedonia and Montenegro

The oldest pharmacy chain in Europe, the German pharmacy chain Rossman plans to expand its retail network in the Balkans by entering the markets of Montenegro and Macedonia, writes the German Wirtschaftsforum. Rossmann recently announced record sales growth of 12.15 billion euros last year. They also...
Economy 04.09.23 | 21:21

German BMZ group will open a large battery plant near Skopje

German manufacturer of batteries BMZ group will open a large factory in Skopje. The company will hire 755 people who will work on production of lithium ion batteries, and the investment is valued at 65 million EUR. The contract was signed today in Frankfurt.
Macedonia 25.07.21 | 11:12

Vucic: Under Gruevski, Macedonia used to take all the foreign investments bound for the Balkans, now they all come to Serbia

In a TV interview, Serbian President Aleksandar Vucic spoke about how frustrated he was when, under Gruevski, Macedonia would take nearly all companies that were looking to invest in the Balkans. Five dozen significant manufacturing companies, mainly from the automotive industry, set up shop in Macedonia...
Macedonia Economy 23.07.21 | 18:39

State Department warns potential investors in Macedonia about the high level of corruption

In its latest Investment climate report, the US State Department warns about the high level of corruption in Macedonia and the public disappointment with the deteriorating situation in this regard. …Macedonia has laws intended to counter bribery, abuse of official position, and conflicts-of-interest,...
Macedonia Economy Balkans 30.05.21 | 11:18

Zaev promises billions in investments – again

Few betrayed promise Zoran Zaev made compare to the promised date to begin EU accession talks – the promise of enforcing the rule of law equally comes to mind, or the one about fighting corruption. But this week, it was his grand press conference in which he announced eight billion EUR in investments...
Macedonia Economy 23.12.20 | 16:18

Ten companies offered to invest in the Cebren hydro project

Ten international companies have given offers for the Cebren hydro plant project, the Zaev Government informed. The large dam is expected to be built on the Crna River and, if completed, would be an important addition to the Macedonian hydro potential with installed capacity of up to 460 MW. It has been...
Macedonia 10.10.20 | 18:13

Mickoski: Zaev’s promise of three billion EUR in investments is now proven as false

Another lie from Zoran Zaev – he promised that three billion EUR in foreign investments are coming in September, but instead investors are abandoning their plans to come to Macedonia, says opposition leader Hristijan Mickoski. In a Facebook comment he shared news clippings in which Government officials...
Macedonia Economy 08.10.20 | 11:48

In one month, two foreign companies dropped their plans to expand in Macedonia

In less than a month, the Macedonian Government canceled two contracts with foreign companies who planned to invest in the pre-prepared industrial zones near Skopje. One of them is the Sagen pharma company which was supposed to be the first Albanian investor in the Bunardzik zone near Skopje, which has...
Economy 01.09.20 | 10:55

VMRO: Zaev’s new Government concedes there will be no new major foreign investments

Following the rare negative result in direct foreign investments inflow (or outflows in this case) in the second quarter of 2020, VMRO-DPMNE said that there is no hope for greater FDI investments from the next Zaev led Government, given that it doesn’t include a single foreign investment member. The...
Economy 06.07.20 | 22:05

Hungary: New investment support scheme with grants over EUR 800,000 threshold

Minister of Foreign Affairs and Trade Péter Szijjártó on Saturday announced the launch of an investment support program in which businesses may apply for grants over the EUR 800,000 limit stipulated in temporary European Union rules on state aid during the coronavirus crisis, according to a report...
Economy 20.06.20 | 09:58

Janusev promises four billion EUR in investments

During meetings with voters in the eastern suburbs of Skopje, VMRO-DPMNE Secretary General Igor Janusev promised that the party will bring major investments worth four billion EUR. Our promise is four billion in domestic and foreign investments, Janusev said, while visiting the area of Ilinden where...
Economy 21.12.19 | 22:19

Mickoski promises at least four billion EUR in investments during his term in office

Foreign and domestic companies will invest four billion EUR during the term of the VMRO-DPMNE Government, promised party leader Hristijan Mickoski. During his large rally in Skopje, Mickoski promised that VMRO will re-instate its business friendly policies in Macedonia and will ensure that economic dynamism...
Economy 11.12.19 | 19:45

Dimitriev: New “Cranfield Foundry” plant in Probistip is an investment brought by VMRO-DPMNE

To the great delight of all the residents of the Municipality of Probistip today we are witnessing the commencement of operation of the new Cranfield Foundry plant. This investment in the Republic of Macedonia came in 2014, the first agreement for its investment in our country and in Probistip was with...
Economy 15.11.19 | 23:37

Angjusev to bear responsibility for conflict of interest for investment that was relocated: Who saw benefits in lifting the excise tax?

Deputy Prime Minister Koco Angjusev has failed to bring the investment in the country over which he will be held accountable for conflicts of interest. Namely, the Polish company, upon whose order the Polish Embassy demanded the lifting the excise tax on the import of lithium-ion batteries for batteries,...
Economy 31.05.19 | 18:43

Angusev tries to put a positive spin on the disastrous Q1 foreign investment figures

After the disastrously low foreign direct investment inflows in the beginning of the year (21.6 million EUR in the first quarter as reported by the Central Bank), Deputy Prime Minister Koco Angusev held an urgent press conference in an attempt to spin the numbers. Instead of talking about the investment...
Economy 13.05.19 | 10:09

Hungary ranked among the ten best investment destinations in the world

Hungary ranked among the world’s ten most attractive investment destinations, according to the American investment magazine Site Selection, as it raked in investments from Germany and the United States. Nearly a 100 major investments were reported in 2018, bringing in 4.3 billion EUR into the Hungarian...
Economy 07.03.19 | 15:49

German company ‘Gerresheimer’ to build Skopje plant, create 400 new jobs

Leading supplier to the global pharma and healthcare Gerresheimer AG is to build a new plant in Skopje, Prime Minister Zoran Zaev confirmed on Thursday. This investment, as he said, will create 400 new jobs. A huge investment has been agreed, the second after the signing of the NATO accession protocol....
Economy 01.03.19 | 22:07

Mickoski says Zaev is lying to the public on the economy and the foreign investments

Meeting with supporters in Ohrid, VMRO-DPMNE leader Hristijan Mickoski accused Zoran Zaev of lying after the Prime Minister recently claimed that he is to be credited for what he called record breaking foreign investments in Macedonia. The only foreign investments that are coming are here as the result...
Economy 04.02.19 | 12:07

Numbers don’t support Zaev’s claims of economic successes

After ramming through the amendments to rename Macedonia, Zoran Zaev also began touting his economic accomplishments. In a recent comment, he declared that “very soon Macedonia will become a NATO country, safe with a stable economy”, before adding that he brought 17 new investments in Macedonia,...
Economy 10.01.19 | 09:19

After “Project Fear” Zaev now promises “giant investments” if name change deal is approved

After threatening Macedonians with war if the deal with Greece is not approved in Parliament, is Zoran Zaev now trying to gain public support for the so-called Prespa treaty by promising major new investments. All indicators show that 2019 will be the year of economic growth. If we catch the EU and NATO...
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