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McDonald’s returns to Macedonia?
Well-known American fast food franchise McDonald’s plans to return after eight years to Macedonia As the Macedonian media reported, the well-known American fast food franchise McDonald’s is expected to return to Macedonia. After a number of problems, its restaurants in the country were closed in 2013. The Macedonian portal Faktor was the first to report on the return of McDonald’s to Macedonia. “Even in times of the pandemic, the changes are not easing, and the Macedonian market is becoming an attractive location for new investments. After 8 y…
Lidl plans several stores in Macedonia
Prime Minister Zoran Zaev, Transport Minister Blagoj Bocvarski and Skopje Mayor Petre Silegov held Wednesday a meeting with the managers of the German company Lidl to discuss the new investment of the supermarket chain in Macedonia. Prime Minister Zaev stressed that the new investments are of great importance for the country, in order to increase supply, create new jobs, and improve the overall economy. He welcomed the positive practices recognizable for Lidl in terms of the job market, training its employees, and practicing in a modern way o…
Macedonia Business update 03/04/2020
Macedonia's Gross domestic product (GDP) declines FDI inflow falls 40% Macedonia places new 7-yr Eurobond Macedonia's GDP declines 4.5% in 2020 - prelim data Macedonia's economic output shrank by an estimated 4.5% year-on-year in real terms in 2020, the country's statistical office said on Tuesday, citing preliminary data. Gross domestic product (GDP) totalled 664 billion denars ($13 billion/11 billion euro) at current prices in 2020, Makstat said in a statement. Exports of goods and services fell by 10.9% in nominal terms in t…
Lidl enters Macedonia - Company registered in Skopje
The German supermarket chain “Lidl” has registered its company in Macedonia, and will be managed by its Bulgarian branch. One of the largest retailers in the world registered the Lidl Northern Macedonia Dooel subsidiary, based in the center of Skopje, on Friday last week (February 19th). The Macedonian portal Faktor named a volume of 500,000 euros as a starting point. Factor refers to the Macedonian central register. It is owned by the German parent company but it will be run by Bulgarians, by businessmen Milena Emilova Dragijska, Biser Bori…
Transparency International: Corruption in Macedonia increased significantly under SDSM and Zaev
The new report from Transparency International shows the obvious: Corruption in Macedonia has risen significantly since Zaev and the SDSM took over power in the country. On International Anti-Corruption Day, Transparency International published its Corruption Perceptions Index for Macedonia, which now ranks the country at a very low 106th place in the world list. If you look at the numbers from the index for the last few years (see graphic below), you can see that the extent of corruption in Macedonia visibly decreases when the conservative V…
Macedonia: package against economic crisis with legalization of cannabis!
The macedonian government is about to legalize marijuana in Macedonia. In a new interviewprimeminister Zaev reiterated older statements regarding this issue. Soon it should be possible to consume cannabis in Macedonian cafes. The background is of course the current economic situation in Macedonia after the pandemic hitted the country. In an interview with the macedonian service of the german state-media Deutsche Welle, Prime Minister Zoran Zaev announced a new economic package, which includes decriminalization and legalization of marijuana in …
History! Macedonia will play Euro after beating Georgia
History is made! Macedonia qualified for the football Euro 2021, the first-ever major tournament in the team’s 27-year history, when a second-half goal from 37-year-old forward Goran Pandev gave them a 1-0 win away to Georgia in the playoff final game on Thursday. Macedonia’s forward Goran Pandev from italian Genoa scored on a counter-attack in the 56th minute at Tbilisi's Boris Paichadze Dinamo Arena. It was a perfect play of the "Italian connection" in Macedonia's team. The score was intitalized by youngster Elif Elmas (SSC…
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