Business info

Today, the Minister of Economy Kreshnik Bekteshi met with the Ambassador of the Russian Federation HE Sergei Baznikin. The main topic of the meeting between the Minister and the Ambassador was the possibility of deepening economic cooperation between the two countries.

The government in North Macedonia is considering allowing recreational use of marijuana in cafes and hospitality places in the capital, Skopje, and in other tourist hotspots, like the lakeside town of Ohrid, Prime Minister Zoran Zaev said. “The idea is to allow consumption of marijuana in cafes, both in existing and new ones, and in tourist places, including Skopje, if they respect certain standards on ventilation, proof of origin of the marijuana and so on,” Zaev told Deutsche Welle.

Koha Ditore daily reports that export of products from Macedonia to Kosovo last year increased by about 40 per cent, after Pristina in November 2018 imposed a 100 per cent tax on imports from Serbia and Bosnia and Herzegovina. According to the newspaper, according to MIA correspondent from Pristina, during the year 2019 goods were imported from neighboring state in Kosovo worth 239 million and 306 thousand euros, while a year earlier that value was over 63 million less, ie It amounted to 172 mil...

The Assembly of the Republic of N. Macedonia reviewed and adopted the Financial Plan of the Energy Regulatory Commission of the Republic of Northern Macedonia for 2020 at its 123 plenary session. The total budget for this year is around MKD 86 million and with the approval of the same regulatory body will be able to fully execute the competences with the increased competences, said the President of the Energy and Water Regulatory Commission Marko Bislimoski during the parliamentary procedure thr...

The Energy and Water Services Regulatory Commission of the Republic of Northern Macedonia adopted a decision reducing the retail prices of petroleum products by an average of 1.8% compared to the retail prices of petroleum products established in accordance with the Decision of 20.01.2020. Retail prices of EUROSUPER BS-95 and EUROSUPER BS-98 are reduced by 0.50 den / l from 1:00 pm on 28.01.2020 and thus the retail price of EUROSUPER BS-95 is 67.50 den, while the retail price of EUROSUPER BS-98 ...

In 2020,  a new electronic platform will be available and every company will be able to voluntarily register for VAT payer. This was announced by Finance Minister Nina Angelovska at the event to mark the 18th anniversary of the Central Registry and pointed out that this would be a great relief for the companies, since all the formalities for starting a business can be completed through the e-platform. Entering the data for voluntary VAT registration purposes, the Central Registry will perform i...