NEWS

Invest Macedonia presented the investment potentials of Macedonia, as well as the favorable business climate for starting and doing a business in front of a business delegation from Turkey from the Macedonian-Turkish Business Council within the framework of the Foreign Economic Cooperation Committee (DEIK).The business forum was held in the Macedonian Chamber of Commerce.

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Macedonian and Turkish companies presented potential opportunities for cooperation, as well as an opportunity for starting a new business.
Turkish businessmen already target the potential for cooperation in the metal industry and energy, construction, chemical industry, pharmaceuticals and tourism. Turkish companies as investors are present in a significant number in the country in the banking sector, construction, traffic, medicine, tourism.

As a conclusion of the meeting it was pointed out that Macedonia could be the starting point for the development of Turkish businesses and investments in the entire region, also that Turkey is important for Macedonia as the first destination through which it can penetrate the markets in the countries of the Middle East.

In addition to the business meeting, activities are planned as a direct visit to companies with Turkish capital, as well as meetings with government officials in order to increase the cooperation and open new opportunities for connecting companies and businesses between the two countries.

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The total trade between Turkey and Macedonia in 2018 increased by 14.5% compared to 2017. Exports increased by 8.5%, while imports in 2018 increased by 15.9% compared to 2017. Last year, Turkey is the eighth trading partner in the foreign trade of the Republic of Macedonia.

This meeting is the basis for increasing the economic cooperation and encouraging the investment activities between the two countries, besides there are many similarities in the culture and tradition of the countries, hence there is a good basis for deepening another type of cooperation between both countries.

Representatives of the Agency for Foreign Investments and Export Promotion of the Republic of Macedonia, from the Export Promotion Sector, attend the textile fair Pure London origin, starting from 10th to 12th February 2019.

On the second day of the fair, a working meeting was held with the organizers of Pure London origin, which discussed the possibilities for organizing a national stand for textile companies from Macedonia for the next year.

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The meeting was attended by Michael Richardson - manager of Pure London, Myriam Carnot Osborn, Head of Pure Origin and international sales. The meeting highlighted the importance of the UK market with high demand from the countries of our region, so the participation of some of the Macedonian textile companies.

The fair offers great opportunities for exhibitors where they meet a large number of retails, there are more than 60% international buyers who are ready for orders from exhibitors offering CM, CMT, Full business and clothing brands.

Their stands from the closer countries have Serbia, Ukraine, Poland, Romania and Greece.
Held in the heart of London alongside Pure London and Pure Man, Pure Origin will bring together all aspects of fashion sourcing and manufacturing under one spectacular roof at London’s Olympia. A convenient and cost effective way for buyers to meet with UK and international manufacturers.

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Key brands and retailers that visit include: Asos, White Stuff, Victoria Beckham, River Island, JD Sports, Marks & Spencer and Selfridges.

Pure Origin allows buyers, designers and retailers to meet with manufacturers and suppliers from all over the world under one roof at London Olympia, it connects you to the right people and gives you the opportunity to network with industry experts.

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https://www.purelondon.com/

The CEO of Invest Macedonia, Vullnet Ademi and Deputy CEO Sami Rushidi had a meeting with the Deputy CEO of the InvestBulgaria Agency, Ms. Madzide Aleksova, and their other representatives. It was discussed about increasing the economic cooperation between countries, connecting the Macedonian and Bulgarian companies, the conditions for starting and doing a business, interest in various projects, as well as increasing the trade exchange between Macedonia and Bulgaria.

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It was emphasized that Macedonia is an important economic partner of Bulgaria, given the advantages of the Macedonian market for the Bulgarian companies, primarily in the part of low transport costs.We expect our EU membership commitments to cause greater interest in starting and doing a business and increased trade, not only for Bulgarian companies, but also for companies of all EU Member States.The meeting was held after the Macedonian-Bulgarian business forum in Skopje, who was attended by over 50 companies from Bulgaria and a large number of representatives of Macedonian companies.

This Business Forum is the first event after the signing of the Agreement for Friendship, Good Neighborhood and Cooperation between Macedonia and Bulgaria in 2017.

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