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Saturday 21 October 2017

The right moment to land your investment in MGB – Skopje

The core focus of Macedonia’s government is to continue building a modern and efficient economy by supporting innovation, increasing FDI inflows, raising export levels and driving up productivity. As a company’s production network expands, there are new destinations of investment to help extend its geographical reach and a structured, facts-based approach to pick the best available location for the optimization of its product value chain. Investor weighing a country’s operating conditions and their impact on performance metrics such as lead times, total cost of ownership and the financial bottom line, will agree the skills of the local workforce make a major contribution to productivity and economic success.
 
MGB – Skopje is a synonym for the industry and business in the Skopje region and wider in the country, as a headquarter of the most successful domestic and foreign companies in the country in a few leading industrial sectors – pharmaceutics, metallurgy, metal processing industry, agribusiness and FMCG, logistic industry, energy industry, retail and wholesale trade, automotive components industry, health industry, IT industry and many others.

With the challenging economic prospects over the next couple of years, MGB will offer many Greenfield and Brownfield opportunities for the potential domestic and foreign investors, many digital electronic services and  partnership approach as a efficient and effective way in supporting business community in MGB as well as investor community.
In that direction we can offer the best conditions for potential investors with already turn key infrastructure, excellent infrastructure services in relation to transport, energy, telecommunication, communal services, close to main markets in the region, close to the main ports in Thessaloniki, Durres, Bar and Burgas, and of course many incentives.
 
There are numerous government-sponsored programs to improve the skills of employees, boost the capability of local suppliers and enhance Macedonia’s proposition to inward investors.

 

 

BASIC ECONOMIC INDICATORS FOR REPUBLIC OF MACEDONIA

       

GDP (real growth rates)

 

 

 

 

 

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

2,9

2,8

-0.4*

2.9*

/

3.9*

/

/

/

Inflation (end of period, on annual base, in %)/1

 

 

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

3,0

2,8

4,7

1,4

/

0,2

-1,1

/

/

Unemployment rate (in %) /2

 

 

 

 

 

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

32,0

31,4

31,0

29,0

/

28,4

/

/

/

Budget balance (Central budget and Funds budget balance as % of GDP)

 

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

-2,4

-2,5

-3,9

-4,1

/

/

/

/

/

Exports (in million of EUR)/6

 

 

 

 

 

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

2.534,9

3.214,9

3.124,0

3.211,8

/

814,3

906,4

/

/

Imports c.i.f. (in million of EUR)/6

 

 

 

 

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

4.137,1

5.052,9

5.070,6

4.968,4

/

1.240,4

1.350,7

/

/

Current account balance (as % of GDP)/7,8

 

 

 

 

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

-2,0

-2,5

-3,0

-1,9

/

/

/

/

/

Gross external debt (as % of GDP)/6

Gross external debt (as % of GDP)/6

 

2010

2011

2012

2013

2014

Q1

Q2

Q3

Q4

         

2014

2014

2014

2014

58,2

64,9

69,4

67,8

/

/

/

/

/

                 

*Preliminary data for 2012 and estimated data for 2013 and 2014 (SSO).

     

** The data in Euro for Balance of payments and Gross foreign reserves are available starting from 2003, and for Gross external debt starting from 2004.

1/ Up to 1999, according to the retail price index, since 2000, according to the consumer price index.

   

2/ For the period 1993-1995 the unemployment rate published by Statistical Office of the Republic of Macedonia is given,

  while for the period 1996-2003 the unemployment rate from the Labour force survey of Statistical Office of the Republic of Macedonia is given.

6/ The data are in accordance with foreign trade statistics.

         

7/ The data are in accordance with the Balance of Payments and International Investment Position Manual (BPM6).

 

8/ Calculated on the basis of SSO nominal GDP in denars convert in USD (EUR) using average exchange rate.

 
                 

Last update: 12.08.2014

         

Source:  National Bank of Republic of Macedonia

         

 

MOST SUCCESSIVE PILLARS IN MGB BY CAPITAL IN 2013

Company name

Activity

Capital 2013 (in 000 euros)

Employees

TETO

Energy

183.129

55

ALKALOID

Pharmaceutics

143.181

1110

PIVARA

Beverages and beer

85.358

293

MAKSTIL

Casting Iron

84.404

831

ARCELOR MITTAL

Pig Iron, Steel, Ferroalloys

72.492

496

SKOPSKI LEGURI

Pig Iron, Steel, Ferroalloys

66.312

167

VV - TIKVES

Manufacturing of grape wine

46.936

245

JSP SKOPJE

City transport

37.338

1346

M-6 Svetlana and others

Engineering consulting

27.469

4

ELEKTROELEMENT

Wholesale trade

23.198

187

FAIR INVEST

Civil engineering

21.090

 

FINE

Real Estate

20.900

11

KAM

Retail Trade

20.442

525

SKOPJE'S FAIR

Fair and business events

19.638

15

SKOVIN

Manufacturing of grape wine

19.289

123

KAMFUD

Real Estate

18.994

4

KOGEL NORTH

Heating

18.959

4

SLAVIA

Real Estate

18.632

34

UNITIRES

Manufacturing of car vehicles

18.180

8

ROW AND REFIND COMODITIES

Wholesale trade with metals and metal ore

16.744

2

FAKOM

Manufacturing of metal construction

16.207

566

EVROPA

FMCG

15.757

393

WABTEC

Manufacturing of rail vehicles and locomotives

15.477

278

REPRO

Renting and leasing of machines, equipment 

14.732

7

FON

University education

14.491

230

PROMES

Retail Trade with meat and meat products

13.202

346

RZ USLUGI

Pipeline transport

13.064

160

MEGA

Manufacturing of meat and poultry

13.011

403

MAKINVEST

Retail trade

12.859

334

BALKANMETAL

Retail trade

12.816

5

DUROPAK

Paper industry

10.230

178

ALKALOID KONS

Wholesale trade with pharmaceutics

9.989

38

MAK AUTOSTAR

Retail trade with car vehicles

9.924

64

MZT LEARNICA

Casting Iron

9.904

165

MA TRUST

Retail trade with car vehicles

9.074

 

LEK

Wholesale trade with pharmaceutics

8.894

35

KARAORMAN

Real Estate

8.758

44

 

Source: Central Register of Republic of Macedonia

MOST SUCCESSIVE PILLARS IN MGB BY EBTDA IN 2013

Company name

Activity

EBTDA (in 000 euros

Employees

KAMFUD

Real estate industry

14.872

4

PIVARA

Beverages and Beer Industry

11.231

293

ALKALOID

Pharmaceutics Industry

10.030

1110

KAM

Retail trade Industry

5.193

525

KNAUF

Wholesale Trade Industry - construction materials, sanitary and wood

3.304

16

ILG INTERNATIONAL

Manufacturing of motor vehicles

2.823

141

ALEKS MK

Entertainment

1.986

95

BALKAN ENERGY GROUP

Heating Industry

1.587

157

VITALIA

FMCG

1.479

138

BALKAN METAL

Wholesale Trade Industry

1.433

5

LEK

Wholesale Trade Industry - pharmaceutics products

1.137

35

UGOTUR

Catering Industry

1.012

29

MAK AUTOSTAR

Retail trade Industry - car vehicles

989

64

AVT INTERNACIONAL

Wholesale Trade Industry

956

74

RAD KOM

Wholesale Trade Industry - waste and scrap

765

18

INOVA L.T.D. Zlatko

Wholesale Trade Industry - construction materials, sanitary and wood

750

16

VARDARGRADBA

Hydro construction

712

128

TORAKS

Construction

681

118

NOVIKOM KONSTRUKTOR

Construction

656

59

 

Source: Central Register of Republic of Macedonia

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