The European Investment Bank (EIB) announced that it mulls EUR 30mn loan for the Bosnian and Macedonian subsidiary banks of Austrias Steiermaerkische Bank und Sparkassen. EIB said that the credit will be used for financing small and medium-sized projects, mainly such of SMEs, but also by other beneficiaries of any size and ownership, including local authorities. The objective of the loan is to improve access to term finance under favourable conditions. |
Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more
The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more
Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more