List of companies of North Macedonia

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The Republic of 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.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Aeromak Consumer services Airlines Skopje 2009 Airline, planned as part of Air Serbia, but never formed
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
Biserka Consumer services Hotels Kumanovo 1952 Hotels and restaurants, defunct
DON Market Consumer services Food retailers & wholesalers Ohrid 2007 Supermarket chain
ELEM Utilities Conventional electricity Skopje 2005 Power plants
EVN Macedonia Utilities Conventional electricity Skopje 2006 Power distribution and supply
FAS Sanos Industrials Commercial vehicles & trucks Skopje 1946 Commercial vehicles and transportation
Granit Industrials Heavy construction Skopje 1952 Civil contractor
Jug Turist Consumer services Travel & tourism Kumanovo 1947 Public transportation, defunct 2013
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
Makedonska banka Financials Banks Skopje 1994 Defunct 2006
Maxi D Consumer services Food retailers & wholesalers Skopje 2004 Discount supermarket chain
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
ONE.VIP 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)
VIP Operator Telecommunications Mobile telecommunications Skopje 2007 Defunct 2016

See also[edit]

References[edit]

  1. ^ a b "Macedonia Country Brief" (PDF). The World Bank. 24 April 2009. Retrieved 5 May 2009.
  2. ^ "World Bank development data" (PDF). Archived from the original (PDF) on 8 March 2010. Retrieved 28 April 2010. Cite uses deprecated parameter |deadurl= (help)
  3. ^ "Government of North Macedonia". Web.archive.org. Archived from the original on 27 January 2008. Retrieved 28 April 2010. Cite uses deprecated parameter |deadurl= (help)
  4. ^ "Macedonia's Flat Tax". Nuwireinvestor.com. 15 February 2007. Archived from the original on 22 May 2010. Retrieved 28 April 2010. Cite uses deprecated parameter |deadurl= (help)
  5. ^ "101 facts about Macedonia". Faq.macedonia.org. Archived from the original on 6 June 2010. Retrieved 28 April 2010. Cite uses deprecated parameter |deadurl= (help)
  6. ^ http://mztransportad.com.mk/index.php?option=com_content&view=article&id=360&Itemid=114&lang=mk