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Latest Business News

28 Jan 08 / 10:11:03

Macedonia Cracks down on Fakes

Skopje _ Macedonia’s Customs Administration has launched a media campaign to raise public awareness of intellectual property rights in a bid to tackle counterfeit products.

25 Jan 08 / 04:29:09

Macedonia to Open IT University

Skopje _ Macedonia plans to open an Information Technology University, according to government spokesman Ivica Bocevski.

18 Jan 08 / 06:44:54

Russia and Bulgaria Agree Gas Deal

Sofia _ Bulgaria and Russia will each have a 50% share in the planned South Stream gas pipeline on Bulgarian territory under a deal reached on Friday.

20 Dec 07 / 12:34:07

Ex-Yugo Stock Market Deal Signed

Skopje _ The heads of the Macedonian, Serbian, Croatian and Slovenian stock exchanges have signed a partnership agreement to help them attract more foreign investors to the Balkan region.

12 Dec 07 / 11:59:48

Car Parts Plant Opens in Macedonia

Skopje _ One of the world's leading manufacturers of automotive interior and electrical parts, Johnson Controls, has started production in its new factory in Macedonia.

11 Dec 07 / 12:08:44

Macedonia to Adopt New Tourism Strategy

Skopje _ Macedonia’s new tourism strategy envisages a 28% increase in income and the creation of an additional 2,000 jobs in the sector by the year 2012.

05 Dec 07 / 05:47:06

Macedonia Economy Minister Stays

Skopje _Macedonian Economy Minister Vera Rafajlovska has survived a parliamentary vote of no-confidence, initiated by the opposition.

29 Nov 07 / 13:30:57

Johnson Matthey Invests in Macedonia

Skopje _ Johnson Matthey, the London-based speciality chemicals company is to invest around €140 million in an autocatalysts factory in Macedonia, Prime Minister Nikola Gruevski said on Thursday.

26 Nov 07 / 03:02:00

Macedonia Wants Power Company Back

Skopje _ The Austrian power company, EVN, that bought Macedonia’s electricity utility, ESM, last year, has said it has no plans to sell its acquisition, after the government offered to buy it back.

21 Nov 07 / 12:06:00

Macedonia Hosts CEFTA Summit

Skopje _ Leaders of the Central European Free Trade Agreement, CEFTA, have been holding a meeting on Wednesday in the Macedonian capital to strengthen economic cooperation.

13 Nov 07 / 03:11:00

Macedonia Welcomes More Visitors

Skopje_ The number of tourists visiting Macedonia’s resorts in the period January-July 2007 increased by nearly 6 per cent compared to the same period last year, according to the latest official statistics.

30 Oct 07 / 08:33:00

Ski Resort Opens in Macedonia

Skopje _ A ski resort, planned to become one of the largest in the world, will host its first visitors this winter in Macedonia’s Kozuf mountain.

03 Oct 07 / 08:37:00

Decrease in Greek Investment in Macedonia

Skopje_ The total value of Greek investment in Macedonia in the last three years has shown a steady decline, businesspeople from both countries acknowledged at a forum on Tuesday.

01 Oct 07 / 08:41:00

Russia to Build Gas Pipeline to Repay Macedonian Debt

Skopje_ Russia is to build Macedonia’s gas infrastructure to repay its debt of $60.5 million, the Macedonian government announced at a news conference on Sunday.

20 Sep 07 / 04:36:00

Macedonian Computer Firms Report Losses

Skopje _ Macedonian computer companies are losing income while waiting for legislation on tax relief on computer parts to be introduced, information technology executive Ivan Mitrevski told Balkan Insight on Thursday.