Beruflich Dokumente
Kultur Dokumente
NEW EMISSION OF
25.03.2008 TUESDAY
1. SHORT REVIEW OF EVENTS
The first private credit bureau will be formed region, where they are making arrangements the beginning of the biggest Slovenian invest-
in the second half of this year if the law, which with the producers on the possible quantities of ment in Macedonia, worth 150 million euros,
was proposed by the Government, is passed in vegetables that will be purchased this season. which was stuck in the bureaucratic procedures
the Assembly, today's edition of the daily news- The announcements for increased vegetables for a year because of unsettled property rights.
paper inform. The credit bureau will contain in- purchase have urged the farmers of the Strumi- Because of breaking of the legal regulative
formation about the credit history of the clients ca region to increase the early gardening pro- for production of medicaments, the factory of Ja-
in period of at least five years, i.e. it will have de- duction for at least 30 percents this season. ka 80 in Radovish was sealed yesterday. Even
tailed information for the amount of their debts in Optimistic tones are coming from the direc- though the director of the Bureau of Medicines
the banks, whether they pay their bills on a re- tion of the Macedonian Stock Exchange. Beca- Ilco Zahariev was considering the option the
gular basis, even if they have debts towards the use of the settling down of the political tension in factory to produce only medicaments for export,
public enterprises, the leasing companies and the Government and the strong increase during the Minister of Health Imer Selmani, in order to
towards other foreign banks. That information these last two trading days, the value of the protect the patients, decided that the factory
could be used only with approval of the citizens, MBI-10 index continues increasing, although should be closed, because it does not meet the
whose will be fully protected. The citizens will be with a lower turnover and lowered liquidity on legal standards for good production practice.
motivated to build good credit history in order to the Official market. Within frames of 33 million Vreme announces that the Swedish giant
ease their capital approach, state the carriers of denars MBI-10 recovered 3.9 percents and clo- for production of furniture IKEA is interested to
the initiative, the President of the Bank Associa- sed at a value of 6,741.43 points. The share of cooperate with the Macedonian manufacturers
tion Gligor Bishev, and the Minister of Finance, Granit made the largest turnover on the Official of massive lumber furniture. According to the
Trajko Slaveski. Market today by MKD 7.4 million before the sha- representative of the company, the firms which
Vegetable oil will be sold at the same price res of Makstil by MKD 7.1 million (without any meet the quality standards and the standards for
in April as well. Such expectations have oil pro- change of the average daily price compared to protection of the human environment, and which
ducers, who received 2,000 tons of crude vege- Friday), and Alkaloid by MKD 5.85 million. Ac- prefer professional relations, will be given an
table oil at lower price. According to the print cording to the stock exchange analysts, this opportunity to sell their products in the exhibition
media, they are still using the bought commodi- week can be very nervous due to the expectati- rooms of IKEA.
ties, which is a guarantee for price stability. On on of NATO admission invitation for Macedonia. In its latest report for Macedonia, IMF pre-
the other hand, the current conditions indicate The turnover on the Regular Market was 4.8 mil- dicts that the state will have an annual inflation
that the price of the food will increase in this lion denars. The largest participation in the turn- rate of 4-5% this year. It is expected that the rep-
country and in the world during the whole year. over had the share of ArcelorMittal (CRM) by 1.8 resentatives of the IMF will present this number
Even though the ongoing spring harvest is much million denars. on the negotiations, which will begin on 1st of
more expensive than last year, mostly because Most of the newspapers announce that the April and in which the previously projected infla-
of the significant support of the Government, it construction company Granit will probably build tion rate of 3% should be revised, with the Ma-
will not be enough to cover the general lack of the entire infrastructure of the business center cedonian authorities. The representatives of
food, advised representatives of the Economic Era City, located near the Skopje Fair. According IMF did not comment Deputy Prime Minister
Chamber of Macedonia yesterday. The Croatian to the Slovenian owners of the Fair, the name of Stavreski's statement that according to their
firm Agrokop will increase the production of ve- the firm will be officially announced when the analyses, an inflation rate of 7% would not be
getable in Macedonia, Utrinski vesnik informs. technical procedures are completed, and the harmful for our economy.
Representatives of the Croatian company Agro- construction will begin at the end of this month
kor are analyzing the situation in the Strumica or at the beginning of next month. It would mark
Nowadays, Stopanska Banka AD Skopje is the only domestic bank that Always in close cooperation with the clients, the Directorate offers
is able to perform all banking operations on the entire territory of this quality services and information, in order to accomplish maximal satisfac-
country online and provide fast and complete information in a reasonable tion and to offer complete service. One of the measures that should con-
time. tribute toward this is placing the Directorate in new facilities.
Herewith the aforementioned the awards can be also stated:
1. The reputed British magazine on international financial markets Opinion about the domestic capital market: If the domestic com-
and institutions, Euromoney, has presented acknowledgement to panies in one progressive direction intensify their work with securities, if
Stopanska Banka AD - Skopje for best bank in Macedonia - Awards for not to great extent at least parallel with the credit supply, there is greater
Excelence 2007 for the region of Central and Eastern Europe on the possibility to extent and develop the capital market in Macedonia. Still,
basis of the following criteria: Macedonia remains target for foreign investments, and our market beco-
X Bank with largest capital and reserves in amount of 4,518,849 mes more flexible than in the past.
thousand denars*
X Highest ROE (after taxation) 18.8%* Taking into consideration the future important geopolitical events in
X Highest ROA (after taxation) 2.1%* the region, a dynamic period is ahead of us. Starting from the end of the
X Highest market participation* in population crediting by 39% third quarter last year, the prices of the securities on Macedonian Stock
and corporative deposits by 31% Exchange have been recording correction. After the epilogue from Koso-
X Expansion of card operation with approximately 200,000 vo issue, the most important is the outcome in relation to Macedonia`s
issued cards accession in NATO. Also one important fact is that foreign investors have
X Introduction of new services and opportunities in the e-banking been selling part of their already long positions, and certain shares re-
X Continued innovations and development projects ached its "all-time high", after which the correlation is only logical conse-
X Offer of several alternative sale canals quence.
X Leading role in the country in promoting the principles of
responsible corporative management As far as the physical entities are concerned, where the psychologi-
X All-embracing Bank strategy cal factor plays great role, the interest about security deposit is still pres-
ent, but with increased caution. For these clients it is very important to
2. STP EXCELENCE AWARD by Deutsche Bank for 99.9% precision receive complete service from the brokerage house, in a form of invest-
and successfulness in performing payment operations abroad. ment counseling, building and managing their portfolio.
10 berzNIK number 16
DAILY STOCK EXCHANGE REVIEW OF PRINT MEDIA EVENTS
Date 31.03.2008
Cooking oil manufacturers and traders and 30 thousand hectares arable land were cultures, manufacturers demand subventions
announce that they cannot guarantee that planted with this culture. of 150 euros per hectare from the
after 30 days they will be able to meet the Government and not 100 euros as currently
consumers' requirements. - On the other hand, even though the provided with the Programme for Agriculture
farmers knew that by planting the same cul- Promotion.
Such conditions with the cooking oil urge ture every year they get 30 percent lower
the question why the country is put in a situ- amount than the year before, i.e. that every Of course, the effects of these measures
ation of such a large dependence on raw third year crop rotation should be done, still would be experienced later, and regarding
materials import for its production, i.e. which our growers did not do that because they the present urgent situation manufacturers
are the reasons that, if as a small country we were not stimulated - Varadinov says. - demand the Government to provide bank
cannot oppose the global trends, then at Additional negative effect had the decay of guarantee for them for credit to 15 million
least to have the opportunity to amortize the the irrigation systems as in good time they dollars for import of 10 thousand tons unre-
negative effects. According to the words of were prepared to irrigate 200 thousand fined cooking oil - a quantity that nobody can
Nikola Varadinov, director of the cooking oil hectares, while now maximum 15 thousand provide by itself at the moment. It is the only
factory Blagoj Gorev from Veles, the funda- hectares land are irrigated. way to ensure stabile price of the cooking oil
mental problem is that the country provides Final and most important - the unattrac- till September, when the new harvest arrives.
approximately 8 percents of the required tive sunflower purchase prices have com-
quantities for the four manufacturing capaci- pletely "expelled" this oleaginous plant from V.M.
Date 31.03.2008 number 16
DAILY STOCK EXCHANGE REVIEW OF PRINT MEDIA EVENTS
berzNIK
13
27.03.2008 THURSDAY
1. SHORT REVIEW OF EVENTS
Today printed media released the dilemma: Is diary will cost more than 50 denars per liter. settling of the outstanding debt. Management of
Ingra official winner on the tender for construction Cooking oil is also not immune on global price "Proaqua" company that supplies water for citi-
of highway Kumanovo-Tabanovce? According to increase. As Spic conveys, cooking oil, if there is zens of Ohrid and Struga, promised to pay half of
Dnevnik, the company yesterday announced that any on the market after 30 days, will increase one the debt for electricity, and the other part of
its offer is the most favorable compared to all par- or two denars every month due to the VAT margin 500,000 euros will be paid on installments, Vecer
ticipants on the tender announced by the Fund for of raw material and cooking oil, say some oil pro- informs.
National and Regional Roads. But, officials in the ducers. Vasil Pishev, owner of factory for produc- State Ombudsman yesterday reacted to col-
Fund deny that Ingra won the tender for construc- tion of cooking oil "Al-maks" from Strumica, says lective action of distributive company for debtors `
tion of intersection of 7.5 km, which is part of that beside three times more expensive raw mate- cut off because citizens who regularly pay bills for
Corridor 10. Offer of two domestic and six foreign rial, price of cooking oil increases and due to electricity. The reaction of the Ombudsman fol-
companies were opened last week. Then it was charging of 18% VAT when raw material is pur- lows since yesterday villagers of Aracinovo who
established that the offer of Ingra is at lowest chased, and cooking oil is sold at 5% VAT. pay for electricity were left without electricity.
price. But the most favorable bidder will be elect- The Government plans to buy 100 wagons Wineries this year might be left without raw
ed since offers will be evaluated, having on mid all that, beside Macedonian Railway, will also be material if the do not offer grape-breeders higher
conditions, Katerina Panova Ilievska, Fund used by other domestic companies, Deputy Prime purchase price. Wine raw material, which is
spokesperson, said. Minister Zoran Stavrevski announced after the reduced due to last year drought, as well as
New wave of price increase. Fresh milk of visit of ArcelorMittal. The factory last year exceed- allowed export of grape in wooden boxes, has
Bitola diary IMB, yesterday was again sold at ed planed production at around 40%, but, as threatens to have negative effects over the quali-
higher price. Liter of milk, which last month cost Stavrevski stated, the state should provide addi- ty of Macedonian wine. They represented pride up
39 denars, now is sold at 42 denars in big markets tional conditions for work for further growth, Vest until now, due to its geographic origin and the
or 1-2 denars more than small corner shops. learns. Skopje seated chemical factory OHIS and quality of its products. The lack of raw materials
Traders accuse that the agreement between the inter-municipality Public Enterprise Proaqua from reflected over the production in some wineries,
Government and milk-producers is secretly Ohrid, yesterday saved their necks because dis- which started exporting wine in bulk for production
breached in favor of milk companies, today edition tributive company EVN-Macedonia did not cut off of rakija. Extension of such tendency might reflect
of Utrinski Vesnik, informs. Traders announce that electricity. On yesterday talks with companies` on loosing of the brand of Macedonian wine.
this week pasteurized milk produced in Bitola representatives was reached an agreement or
DNEVNIK VREME
p.1 EVERYBODY UNDERSTANDS THE SALARIES INCREASE p.1 MAKPETROL AND FERSPED TO CONSTRUCT AMBO?
DIFFERENTLY p.5 NO PAID BILLS, NO POWER
p.8 MBI 27.03.2008 p.5 LOW STROKES FOR THE LOWEST SALARY
p.8 GOVERNMENT`S RAILWAY WAGONS TO DRIVE FOR MIT- p.6 IMPORTED COOKING OIL WITH STEEP PRICES
TALSTEEL p.6 MAKPETROL AND FERSPED TO CONSTRUCT AMBO?
p.8 CROATIAN INGRA ANNOUNCED THAT IT WILL BUILT HIGH-
WAY IN OUR COUNTRY VEST
p.8 STIP CITIZENS INTERESTED IN SUBVENTIONS p.2 CZECH COMPANIES INTERESTED FOR ENTRY IN MACEDO-
p.8 OVER 200 CITIZENS OF PRILEP APPLY FOR SELF-EMPLOY- NIA
MENT CREDIT p.2 GOVERNMENT TO BUY 100 WAGONS FOR RAILWAY AND
ARCELORMITTAL
UTRINSKI VESNIK p.7 STAVRESKI: WE HAVE NO SOLUTION FOR OHIS
p.6 DRIVING EXAMS START IN TETOVO
p.6 EQUIPMENT FOR THE HOSPITALS IN LESHOK AND TETOVO NOVA MAKEDONIJA
p.7 CROATIANS ENTER INTO THE FACTORY FOR ACCUMULA- p.9 COMPANIES TO BE REGISTERED ELECTRONICALLY
TORS IN PROBISTIP p.9 LAST DAY FOR OHIS AND PROAKVA TO SETTLE THEIR
p.7 SHTERIEVA - THIRD DIRECTOR IN KOMERCIJALNA DEBTS
p.7 THE MILK FROM IMB AGAIN RAISED IN VALUE - THE GO- p.9 OIL OVER $101 A BARREL
VERNMENT`S MEASURES ARE NOT VALID ANY MORE p.9 CZECH COMPANIES SHOW INTEREST FOR INVESTING IN
p.7 AQUAPURA RECEIVED PRESTIGIOUS AWARD FOR TOU- MACEDONIA
RISM p.9 DEVELOPMENT OF BIOFUELS ENDANGER WORLD FOOD
p.7 MBI 26.03.2008 SUPPLY
p.8 MACEDONIA RUNS THE RISK TO LOSE THE BRAND OF ITS p.9 KOMERCIJALNA BANKA WITH THE BIGGEST GROSS PRO-
WINE' FIT IN THE BANK`S HISTORY
p.8 INGRA WILL BUILD THE HIGHWAY KUMANOVO-TABANOVCE
p.8 ARCELORMITTAL TO USE WAGONS BY THE GOVERNMENT SPIC
p.8 MACEDONIA AND ROMANIA AGREED A QUOTA OF 4.500 p.7 PROAKVA AND OHIS SAVE THEIR NECKS
TRANSIT LICENSES p.7 OLD SCHOOL STYLE FOR DISCONNECTING ELECTRICITY
p.8 TAX MARGINS ALSO TANGLES THE PROBLEM OF COOKING
VECER OIL
p.6 OHIS AND PROAQUA SAVE THEIR NECKS p.8 ARCELOR MITAL SATISFIED BY THE BUSINESS-CLIMATE IN
p.6 EVN SHOULDN`T DISCONNECT COLLECTIVELY MACEDONIA
p.7 INGRA TO CONSTRUCT KUMANOVO-TABANOVCE HIGHWAY p.8 INGRA WITH THE BEST OFFER FOR KUMANOVO-TABANOV-
p.7 MILK PRICE TO GO UP AGAIN CE HIGHWAY
14 berzNIK number 16
DAILY STOCK EXCHANGE REVIEW OF PRINT MEDIA EVENTS
Date 31.03.2008
28.03.2008 FRIDAY
1. SHORT REVIEW OF EVENTS
The warnings for EVN-ESM hit the headlines of As Government spokesperson Ivica Bocevski stated Vest informs about the increase of the foreign
all print media today. The company yesterday dis- yesterday, the windmill construction procedure would exchange reserves of the Republic of Macedonia for
connected 18 public enterprises that haven`t paid be simplified and the interest producers would easily 107 million euros in 2007 reaching a level of 1.524
their electricity bills from the electricity network on meet the required terms and engage themselves into million euros, the National Bank announced yester-
two hours. According to EVN-ESM spokesperson, this country`s energy system. day. The purchase of foreign exchange on the for-
Lence Karpuzovska, they left without electricity the Vecer also carries the story about the conclusi- eign exchange market had significant influence on
public water management and public utility enterpris- on from yesterday`s session of the Council of the Na- the level of the foreign exchange reserves compen-
es in Lipkovo, Gostivar, Debar, Gradsko, Makedonski tional Bank of the Republic of Macedonia: the Cent- sating the outflow of reserves prompted by the early
Brod, Rosoman, Negotino, Miravci, Predejci, Pehce- ral Bank of Macedonia continues to watchfully moni- settlement of part of the external debts of the
vo, Probistip, Krivogastani, Mogila, Dolneni, Bogdan- tor the movement of the inflation and the effects from Republic of Macedonia towards World Bank, the
ci and Katlanovo, informs Dnevnik. Should their the conducted measures for stabilization of the infla- Paris Club of Trustees and IMF, which was conduct-
debts aren`t settled soon, EVN -ESM announces dis- tion expectancies and will carry out further measures ed last year.
connections on longer periods of time in accordance with the data for the forecasted move- The number of unemployed persons in the
Utrinski Vesnik informs about the tobacco grow- ments. At the session, among the other things, there country by the Employment Agency is around
ers from Prilep who turned down the purchasers` pri- was conclusion that after the last change of NBRM`s 358.000, and according to the State Statistical Office,
ces. Namely, the tobacco growers are demanding referent interest rate at the opening of the month, that number is 311.000, informs today`s issue of
higher purchase prices for this year`s crops for an through public offerings for treasury bills, has real- Dnevnik. Although the data differ for almost 50.000
average of 30 percent. They refuse the current offer, ized slight increase of the net liquidity. What is more unemployed persons, both indicators are regarded
according to which, the price of the first class would important in the context of the inflation is the fact that relevant since they are provided by competent state
be increased for 9 percent to the amount of 197 de- banks` crediting continued to increase in February institutions. However, the Government finds the fig-
nars, the second class for 5 percent or a price of 150 too. In addition, banks` total crediting marked 41, 4 ures of the State Statistical Office more acceptable,
denars, and the third for 2 percent i.e. a price of 112 percent increase last month. since it is calculated on the basis of the survey con-
denars a kilo. Due to the ongoing inflation, they also Different alternative sources of financing the ducted on the working posts.
insist on signing annexes to the contracts, regarding agro business are being offered by the Financial The Government claims that last year marked
them as the only guarantee that the prices won`t un- Guidebook that was yesterday promoted by AgBiz an increase of the number of employed persons for
dergo another correction and so they will be able to project and the United States Agency for 22.000, while the unemployment was reduced by
cover the expenses in the tobacco growing process. International Development (USAID). The handbook 12.000 i.e. 1, 7 percent.
The Government has commission the Ministries is aiming at providing simple and precise explanation There are new employments in all sectors, pro-
of Economy, Transport and Communications and the of the different types of financial products and servic- cessing and steel industry, construction etc. This
Ministry of Environment to prepare, in cooperation es available in Macedonia. AgBiz project provides results from the increased volume of investments,
with the Energy Regulatory Commission, guidelines several different types of aid for improving the com- which last year reached a record-breaking level of
that will enlist the necessary documentation for the petitiveness of the bottled wine, wild mushrooms and 240 million euros-state officials from the
companies interested in constructing wind power berries, as well as table wine and processed and Government.
plants in this country, informs today`s issue of Vecer. fresh vegetables, informs Nova Makedonija.
The European Information and Innovation after which they will be opened. This decision The food in the supermarkets has increased
Center in Macedonia (EIICM) was solemnly was reached by the Government two days ago, again - writes today`s Vest. Some of the traders
opened yesterday at the University of Skopje, as on the emergency session in the late afternoon who supported the governmental campaign to
well as part of the Enterprise Europe Network, hours. This was made on the basis of the request reduce the basic foodstuffs, since yesterday
with 600 partner organizations from 40 countries of the qualified bidders, is said in Government`s started to sell more expensive food. The price
and 23 million small and middle sized enterpris- official announcement, in a direction of greater increase began with the supermarket Tinex and
es, informs Utrinski vesnik. The work of EIICM is transparency of the entire procedure and price increases of the basic foodstuffs are
financed by the European Commission and improved quality of bid making process. expected these days in other supermarkets in
Macedonian Government. The Center will enable Mobile operators T-mobile and Cosmofon Macedonia. Traders say that the share for the
the opportunity Macedonian enterprises to con- should pay fine of 4.4 million euros due to illegal price reduce, that lasted month and a half, ended
nect with business partners, greater information, collection of the voice mail service, writes today`s because the producers and the suppliers,
getting acquainted with the best European prac- Dnevnik. The Commission on Competition although they`ve promised didn`t reduce the
tices for making business, raising the technologi- Protection decided T-mobile to pay 4.1 million wholesale prices.
cal and innovation level, inducing the research euros in the Budget, and Cosmofon 250.000 Current and former employees of the con-
work and the developmental component. The UN euros. struction company Beton, Bitola request their
high official, Erwan Fuere, emphasized that in the In Vecer you can read about the complaint eight month`s back wages and contributions for
period from 2007 to 2013, Macedonia`s compa- submitted by EVN against the Commission on the past six years through protests. The employ-
nies and institutions may use part of the assets Competition Protection, which has recently fined ees accused the current leadership of the bad
separated for realization of this program of 2.17 ESM for collecting the handling charges in the management of Beton, due to which the success-
billion euros, added Nova Makedonija. bills for electricity. The company announces that ful company is now facing bankruptcy, and that
Utrinski vesnik also informs about the prolon- there is no legal base to issue the fine because around 700 workers i.e. 80 percent of the number
gation of the deadline for Cebren and Galiste. this was not in accordance with the decision of of employees lost their job. Once subsidiary of
Namely, instead until yesterday, as it was the Constitutional Court. The Commission has Beton faced serious crisis few years ago, surviv-
announced, the companies that entered in the recently announced that EVN by double charging ing the privatization shocks from 2001, in which
narrow circle of winning the tender on hydro of the handling charge is using the monopoly time the director Tomislav Stefkovski and other
plants construction way present their offers of position on the market, and for this kind of cooperators became dominant owners, reveals
financing the project in a period of one more infringement follows a fine of ten percent of com- Vreme.
month, i.e. until April, 30, 10 o`clock at the latest pany`s total annual income.
24.03.-29.03.2008 MONDAY-SATURDAY
1. SHORT REVIEW IN THE WEEKLY MAGAZINES
GLOBUS mately 6.17 million euros) of the undistributed gain by 31.12.2007 for a divi-
p.24 NATO ENCOURAGES INVESTORS dend payment.
p.24 USE OF 300 MILLION EUROS FROM IPA FUNDS p.40 A WEEK OF OVERTURN (17.03.-21.03.2008)
p.24 STOP FOR THE STOCK EXCHANGE SHARES` DEPRECIATION The last MSE week did not promise anything good from its start. On
p.24 RAISING INSTITUTIONS` CAPACITY Monday, the shares continued the trend of the week before, so MBI-10 went
p.26 MACEDONIA ENTERS INTO THE RED WITHOUT NATO down 2.11%, while on Tuesday a disaster happened - the Index went down
Macedonia has not calculated how much NATO admission will cost it 5.5%.
and how much the country will gain of the act, especially from economic and p.41 ALKALOID TO PAY 2.11 MILLION EURO DIVIDEND
social point of view. It looks strange but from our interviews with scientists, At the session held last week, Alkaloid Management Board adopted
as it was explained to us, they also consider this as inexplicable fact. Draft Decision with which it proposed the Shareholders` Assembly to pay a
dividend for 2007 in net amount of 100 denars per share, i.e. 110.11 denars
KAPITAL gross amount.
p.10 WATER RESOURCES IN MACEDONIA REDUCE p.41 AGROKOR TO INCREASE VEGETABLES PRODUCTION IN
The level of water resources in Macedonia has been reducing due to MACEDONIA
massive destruction of the green forest zones, was said at the Forum that While preparations have been done for construction of the new purchase
took place in Struga on the occasion of World Water Day - March 22. distributive center in Strumica, i.e. the first agro stock exchange in
p.10 FMG TRADING FROM CYPRUS ENTERS MAK ASSETS MAN- Macedonia, for which approximately 15 million euros will be invested, repre-
AGEMENT sentatives of the Croatian company Agrokor are analyzing the situation in the
Last week, FMG Funds, the leading world group that manages private Strumica region these days where they are making arrangements with the
investment funds, entered Macedonian market through recapitalization of the producers for the possible quantities of vegetable that will be purchased this
Skopje association for private funds management Mak Assets Management. season.
p.10 TURKISH TRANSPORT COMPANY BIRFOR ENTERS MACEDO- p.43 CONSTRUCTION OF JOHNSON MATTHEY PLANT TO START IN
NIA APRIL
The Turkish transport and logistics company Birfor Logistics Service has The British company Johnson Matthey will start building the plant for
opened a company in Skopje. automobile catalysts in the second half of next month, and the manufacture
p.10 CROATIAN KONCAR TO MODERNIZE MACEDONIAN TRAINS should begin in May 2009, stated Geoffrey, the Regional Director of Johnson
Today, a Contract was signed in the Ministry of Transport and Matthey for Macedonia in the Economic Chamber of Macedonia. He added
Communications for repair and thyristorization of two electric locomotives that in ten days the construction company that will materialize the investment
between MZ Transport from Skopje and Koncar from Zagreb. worth 50 million euros would be selected.
p.10 GERMAN COMPANY TO BUILD FACTORY FOR WASTE PRO- p.43 RWE POWER TO INVEST 500 MILLION EUROS IN HYDRO-
CESSING IN STIP ELECTRIC POWER PLANTS CEBREN AND GALISHTE
Representatives of the German company Remko-B were visiting Shtip The German Group RWE Power intends investing more than 500 million
and explained to the Mayor Pande Sarev their project for construction of a euros for construction of the hydroelectric power plants Cebren and Galishte
factory for waste processing. in Mariovo.
p.10 AUSTRIAN JAKOB BEKER TO RECYCLE WASTE IN MACEDO- p.43 PROCREDIT BANK STARTS A CAMPAIGN FOR CHILD SAVING
NIA ProCredit Bank has started a campaign on encouraging the child saving.
Jakob Beker Macedonia is the name of the new company for production, For that purpose the bank is offering "ProCredit child`s savings book".
trade and services, established in the Central Register of Macedonia this p.44 NEW CREDIT CARDS OF OHRIDSKA BANKA
week, which is engaged in waste recycling. Ohridska Banka has introduced new revolving cards MasterCard
p.11 ACO ILIESKI BECOMES SECOND DIRECTOR OF KAPITAL Standard and MasterCard Gold with a grace period to 45 days and minimal
BANKA monthly payment by 5%.
As of this week the Management Board of Kapital banka has new mem- p.45 FINALLY A LAW ON PRIVATE CREDIT BUREAU!
ber - the Skopje citizen Aco Ilieski, graduated economist, who has entered The Government adopted the Draft Law on Credit Bureau, which will
Management Board of Kapital banka in accordance with the written modifi- enable establishment of private credit bureau through which information will
cation in the Central Register. be exchanged on the credit accountability of citizens and companies.
p.11 SERBIAN BUSINESSMAN DROSKOVIK ESTABLISHES p.47 MACEDONIA EXPECTS 6% GDP AND INFLATION OVER 5%
SWISSLION MAK In 2007 the highest real growth so far of the Gross Domestic Product
Swisslion Mak is the new name of the new daughter company of (GDP) by 5.1% was recorded, the Vice Prime Minister Zoran Stavreski
Swisslion Takovo, in possession of the Serbian businessman Rodoljub Dras- announced, summarizing the economic results the Government made last
kovik, which was established in the Central Register of Macedonia this week. year.
p.11 ANOTHER SHOCK FOR THE BUSINESS OF NINI IN MACEDO-
NIA MAKEDONSKO SONCE
The Ministry of Health reached a decision to shut down the production p. 27 DIFFICULT FOR ELECTRICITY NOW, AS FOR LATER -
capacity of AD Jaka 80 in Radovish completely due to non-fulfillment of the NOBODY KNOWS
legal obligations for good manufacturing practice. Electricity production in this country is on slippery ground with, for
p.12 MACEDONIA - SECOND COUNTRY IN THE REGION ACCORD- now, unfamiliar perspective. One could have concluded this recently: the
ING TO QUALITY OF SHOP SERVICES announced information on the site Energyobserver, the first private site in
Macedonia is second country in the region according to the quality of Europe that displays energy information, with a special accent to energy sit-
services that a buyer gets in the shops. uation in Southeastern Europe.
p.14 BULGARIA SHUTS DOWN DUTY FREE SHOPS FOR NEIGH-
BOURS THAT ARE NOT EU MEMBERS FORUM
By a decision that the Bulgarian Parliament has adopted, Bulgaria p. 31 FINALLY - LIBERALIZATION OF TELECOMMUNICATIONS'
closed down the duty free shops and gas stations on the border crossings MARKET
with neighbor countries that are not EU members. Macedonian Railways - Infrastructure has announced public call
p.18 MACEDONIAN INDUSTRY PAYS THE MOST EXPENSIVE ELEC- for renting the most ten optic fibres of their cable to the interested telecom-
TRICITY IN EUROPE! munication companies.
While the Government announces that Macedonia will become power p.31 FROM ONE EXTREMITY TO ANOTHER
exporter in the region, Macedonian industry warns that the expensive elec- We will remember the last stock exchange week after the incred-
tricity it pays as a result of the lack of power can cause an economic col- ible overturn of MBI-10 - the largest fall and largest increase within three
lapse. days for these three months.
p.38 GREEK COMPANY TO BUILD RESIDENTIAL SUBURBS IN p.32 FORUM FORECASTS
MACEDONIA AND REGION The two extremities we have seen on the Macedonian Stock
The European Bank for Reconstruction and Development (EBRD) will Exchange last week - large fall and strong increase in only three days - are
finance a regional project for construction of residential buildings on the just another positive signal for our stock market.
Balkans. p.40 FUND INVESTMENT MORE PROFITABLE THAN BANK
p.39 KOMERCIJALNA BANKA TO DISTRIBUTE 6.17 MILLION EURO INVESTMENT
DIVIDEND The third open investment fund - Moj fond, has recently obtained
Komercijalna banka will allocate a total of 379 million denars (approxi- working license.
Date 31.03.2008 number 16
DAILY STOCK EXCHANGE REVIEW OF PRINT MEDIA EVENTS
berzNIK
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W E E K LY R E V I E W O F M A C E D O N I A N S T O C K E X C H A N G E
period 24.03. - 28.03.2008
18 berzNIK number 16
DAILY STOCK EXCHANGE REVIEW OF PRINT MEDIA EVENTS
Date 31.03.2008
Date 31.03.2008 number 16
DAILY STOCK EXCHANGE REVIEW OF PRINT MEDIA EVENTS
berzNIK
19