The number of employees in industry sectors dropped by 2.6% y/y in July, a wider annual contraction than 2.4% y/y in June, according to statistics office data. Industrial employment has been posting negative annual growth for nine months in a row. Industrial production decreased by 4.1% y/y in June and 6.9% y/y in July, with July being the 11th consecutive month of negative y/y output growth. Employment dropped in manufacturing, but increased in mining and utilities in July. The annual decrease in the number of manufacturing employees widened from 2.9% in June to 3.1% in July. On the other hand, y/y employment growth in mining and utilities was 0.7% and 0.3% respectively in July, accelerating from 0.6% and 0.1% respectively in June. |
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