Wednesday, 1 December 2021 | News today: 0

Macedonia presents its business opportunities in Budapest

­ A government delegation, led by Prime Minister Nikola Gruevski, presented Friday in Budapest the opportunities for doing business in Macedonia.


The business forum in Budapest, organized by the American Chambers of Commerce in Hungary, brought together representatives of a great number of Budapest-­based international companies, as well as domestic ones, engaged in the spheres of energy, health care, infrastructure, tourism and many others, the Government said in a press release.


Presenting the favorable conditions for investing in Macedonia, Gruevski said the country offered lowest doing business costs in Europe, which is being acknowledged by many reports of relevant international financial organizations.

In this respect he mentioned the lowest tax package, saying it has been one of the main reasons for attracting foreign investments in Macedonia.

He affirmed the Macedonian Government’s commitment to advancing the business climate by regular reforms and dialogue with the business community.

Gruevski also referred to the favorable business opportunities within the technical-­industrial development zones.


Vice­-Premier for Economic Affairs Vladimir Pesevski notified Macedonia’s solid macroeconomic indicators, which, as he said, provide for stable doing business environment. Today’s event aims to present Macedonia’s economic policies and attract international, Hungarian companies to expand their business operations in the country, which will open jobs and boost the export rate, Pesevski said.


Ferenc Pongrácz, the Business Development Executive of IBM Southeast Europe, welcomed the event, saying that it offered more information on Macedonia.

“We have learned about low taxes, but also about other favorable possibilities for investors,” Pongrácz said.

He also praised the Macedonian Government’s investments in education and commitment to developing the educated related to the science of informatics, he said.