Macedonia's retail sales turnover in the third quarter of 2009 fell by 5% y/y to MKD 24.1bn (EUR 392mn), data from the statistics office showed. This is the third consecutive quarter in which the direct effect of the economic crisis can be seen in the negative results of the retail sales dynamics. The wholesale turnover went down 11.4% to MKD 333bn. The biggest portion of the turnover by kind of payments is in cash 91.3%. A total of 14.8% of the loans were used for the purchase of vehicles.
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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