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Nov 22
North Macedonia’s Sept Net Salary up 16.4% YoY

Net salary in North Macedonia has increased by 16.4% year-on-year to 37,876 MKD (613.6 euro) in September, data from the country’s statistical office said. This increase is caused by the increase of the average monthly net wage paid per employee in the following sectors: electricity, gas, steam, and air conditioning supply (25.8%), public administration and […]

Nov 14
Mountain hiking on Shar Planina, North Macedonia.

Author: Blagoj Gjelevski SOCIAL MEDIA https://instagram.com/blagojgelevski

Nov 14
North Macedonia’s ATS Group North Opens 55 MW Photovoltaic Power Station

North Macedonia’s ATS Group opened a 55 MW photovoltaic power station in the country, local business portal Faktor.mk reported. The country’s PM said that the 57 hectares power station will have an annual output of 85,000 MWh, the portal said. (Image: Pixabay)

Nov 14
North Macedonia’s Digital Industry Rises Almost 30% Annually

The digital industry in North Macedonia is increasing by almost 30% annually, state news agency MIA quoted sources from the country’s Economy Chamber for Information Technologies. The salaries in the IT sector almost at the EU’s level, the chamber’s assembly president was quoted. (Image: Pixabay)  

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Nov 14
Greece’s October CPI Up 3.4% YoY

Greece’s October CPI increased 3.4% YoY, the country’s statistical office said. Compared to a month earlier, October inflation increased by 0.6%. The 3.4% increase of the overall CPI in October is mainly due to the increase of 9.9% of food and non-alcoholic beverages and 5.6% increase of health services among others, the statistical office said. […]

Nov 14
North Macedonia’s 2022 GDP Rises by Real 2.2% – Preliminary results

North Macedonia’s 2022 GDP rose by a nominal 10.1% and increased by a real 2.2% to 803,141 million MKD (13.02 billion euro), preliminary data from the country’s statistical office showed. The following sectors had the biggest share of value added in the structure of GDP in 2022: wholesale and retail trade, repair of motor vehicles […]

Nov 14
DHL Express Bulgaria Opens New Service Center in Sofia

DHL Express Bulgaria has opened a new service center in the country’s capital, local newspaper Dnevnik said on its portal. The DHL Express Bulgaria fleet includes more than 130 different vehicles of all capacities, including a Boeing 757 cargo plane and currently is delivering over two million shipments per year, the newspaper said. (Image: Pixabay)

Nov 13
Croatia Attracts Over 13 Billion Euro in FDI in Last 4.5 Years.

Croatia has attracted over 13 billion euro in foreign direct investments in the last four and a half years, local newspaper Poslovni Dnevnik quoted the country’s economy minister. The minister said that the investment climate and competitiveness are recognised by the global rating agencies and the IMF, the newspaper said on its web portal. (Image: […]

Nov 13
North Macedonia’s Teteks AD Tetovo Jan-Sept non-audited net profit rises 34% to 23.9 million MKD (388,400 euro)

North Macedonia’s textile company Teteks AD Tetovo said its January-September non-audited net profit increased 34% to 23.9 million MKD (388,400 euro). The company’s revenues doubled to 63.8 million MKD (1.03 million euro), the company said in its financial statement for the reported period. Teteks AD Tetovo, founded in 1951, has a retail network of 50 […]

Nov 13
Competition Commission Approves Intrakat Group to Acquire Greece’s Aktor

The Competition Commission has granted its approval to Greece’s Intrakat Group to acquire Aktor, the construction arm of ELLAKTOR Group, Greece’s daily newspaper Kathimerini reported. “The acquisition of all the shares of Aktor has been approved by the Competition Commission, thus putting the Intrakat Group’s vision of creating a strong pillar in construction in Southeast […]