Macedonian economy minister Fatmir Besimi and Kosovo energy minister Justina Shiroka-Pula signed a memorandum of co-operation in energy sector. The two counties will set up working groups, whose core activities include creating mutual projects and approximation of the two countries legislation with the acquis communautaire. Kosovo pointed out the construction of thermal and hydropower plants and electricity transmission infrastructure as main priorities. In regard to specific projects, Besimi pointed out that the two states will apply together for EBRD financing of a 400 kW power line, connecting their transmission networks. Besimi clarified that the EUR 40mn Lukovo Pole hydropower project, part of Macedonias Mavrovo hydropower complex, will not include Kosovo capital and will be built by the countrys power utility Elektrani na Makedonija (ELEM) with financial support from the World Bank. |
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