The repayment of government arrears owed to local companies is advancing according to the plans and will be completed by the end of this month, state news agency MIA reported quoting deputy PM and minister of finance Zoran Stavreski. The governments liabilities for VAT returns and contracted work have been cut to EUR 10mn as of yesterday, Feb 20. The repayment was launched in mid-September 2012, when the arrears totalled EUR 92mn. Stavreski commented that the companies liquidity has improved. |
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