![](Https://upload.wikimedia.org/wikipedia/commons/thumb/9/9f/Europe-Republic_of_North_Macedonia.svg/220px-Europe-Republic_of_North_Macedonia.svg.png)
North Macedonia is a country in the Balkan peninsula in Southeast Europe. Ranked as the fourth "best reformatory state" out of 178 countries ranked by the World Bank in 2009, North Macedonia has undergone considerable economic reform since independence.[1] The country has developed an open economy with trade accounting for more than 90% of GDP in recent years. Since 1996, North Macedonia has witnessed steady, though slow, economic growth with GDP growing by 3.1% in 2005. This figure was projected to rise to an average of 5.2% in the 2006–2010 period.[2] The government has proven successful in its efforts to combat inflation, with an inflation rate of only 3% in 2006 and 2% in 2007,[1] and has implemented policies focused on attracting foreign investment and promoting the development of small and medium-sized enterprises (SMEs). The current government introduced a flat tax system with the intention of making the country more attractive to foreign investment. The flat tax rate was 12% in 2007 and was further lowered to 10% in 2008.[3][4]
Tourism is an important part of the economy of North Macedonia. The country's abundance of natural and cultural attractions make it an attractive destination of visitors. It receives about 700,000 tourists annually.[5]
Notable firms
[edit]This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Aktiva | Basic materials | Iron & steel | Štip | 1999 | Steel |
Alkaloid | Health care | Pharmaceutical | Skopje | 1936 | Cosmetics, chemistry, botanics |
Alpha Bank | Financials | Banks | Skopje | 1993 | Commercial Bank |
DON Market | Consumer services | Food retailers & wholesalers | Ohrid | 2007 | Supermarket chain |
ESM | Utilities | Conventional electricity | Skopje | 2005 | Power plants |
EVN AD Skopje | Utilities | Conventional electricity | Skopje | 2006 | Power distribution and supply |
Eurovia DOOEL | Construction | Construction | Tetovo | 2010 | Construction & Energy |
FAS Sanos | Industrials | Commercial vehicles & trucks | Skopje | 1946 | Commercial vehicles and transportation |
Komercijalna banka Skopje | Financials | Banks | Skopje | 1955 | Commercial bank |
Lukoil Macedonia | Oil & gas | Integrated oil & gas | Skopje | 2005 | Gas stations |
Makedonijapat | Industrials | Transportation services | Skopje | 1954 | Motorway maintenance |
Makedonski Shumi | Basic materials | Forestry | Skopje | 1997 | State and private Forestry |
Makedonski Telekom | Telecommunication | Mobile telecommunications | Skopje | 1997 | Part of Magyar Telekom (Hungary) |
Makpetrol | Oil & gas | Integrated oil & gas | Skopje | 1947 | Gas stations |
Macedonian Radio Television | Consumer services | Broadcasting & entertainment | Skopje | 1941 | Public service |
Makedonski Železnici | Industrials | Railroads | Skopje | 2007[6] | State-owned railway |
MEPSO | Utilities | Conventional electricity | Skopje | 2005 | Electric power transmission |
National Bank of North Macedonia | Financials | Banks | Skopje | 1991 | Central bank |
North Macedonia Post | Industrials | Delivery services | Skopje | 1992 | Postal services |
A1 Macedonia | Telecommunication | Mobile telecommunications | Skopje | 2015 | Mobile network |
OKTA | Oil & gas | Exploration & production | Skopje | 1982 | Oil refinery, Gas stations |
Stopanska Banka | Financials | Banks | Skopje | 1944 | Commercial Bank |
Teteks | Consumer goods | Clothing & accessories | Tetovo | 1951 | Textiles, clothing |
Tutunski kombinat Prilep | Consumer goods | Tobacco | Prilep | 1873 | Tobacco |
Tinex | Consumer services | Food retailers & wholesalers | Skopje | 1994 | Supermarket chain |
Vardar Film | Consumer services | Broadcasting & entertainment | Skopje | 1947 | Film |
Veropoulos Skopje | Consumer services | Food retailers & wholesalers | Skopje | 1997 | Supermarket chain, part of Veropoulos (Greece)
|
Defunct companies
[edit]Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Aeromak | Consumer services | Airlines | Skopje | 2009 | Airline, planned as part of Air Serbia, but never formed |
Biserka | Consumer services | Hotels | Kumanovo | 1952 | Hotels and restaurants, defunct |
Jug Turist | Consumer services | Travel & tourism | Kumanovo | 1947 | Public transportation, defunct 2013 |
Makedonska banka | Financials | Banks | Skopje | 1994 | Defunct 2006 |
Maxi D | Consumer services | Food retailers & wholesalers | Skopje | 2004 | Discount supermarket chain |
VIP Operator | Telecommunications | Mobile telecommunications | Skopje | 2007 | Defunct 2016
|
Gallery
[edit]-
National Bank of North Macedonia headquarters in Skopje.
-
Main building of the Tutunski kombinat Prilep in Prilep.
-
Vineyard in North Macedonia.
See also
[edit]- Economy of North Macedonia
- List of banks in North Macedonia
- List of supermarket chains in North Macedonia
- Tourism in North Macedonia
References
[edit]- ^ a b "Macedonia Country Brief" (PDF). The World Bank. 24 April 2009. Archived from the original (PDF) on 19 November 2018. Retrieved 5 May 2009.
- ^ "World Bank development data" (PDF). Archived from the original (PDF) on 8 March 2010. Retrieved 28 April 2010.
- ^ "Government of North Macedonia". Archived from the original on 27 January 2008. Retrieved 28 April 2010.
- ^ "Macedonia's Flat Tax". Nuwireinvestor.com. 15 February 2007. Archived from the original on 22 May 2010. Retrieved 28 April 2010.
- ^ "101 facts about Macedonia". Faq.macedonia.org. Archived from the original on 6 June 2010. Retrieved 28 April 2010.
- ^ http://mztransportad.com.mk/index.php?option=com_content&view=article&id=360&Itemid=114&lang=mk