travel > Destinations > europe > Macedonia > Doing business & staying in touch while in Macedonia

Doing business & staying in touch while in Macedonia

TIME : 2016/2/16 11:23:48
Macedonia: Doing business & staying in touch

Doing business in Macedonia

Suits and ties are correct attire for men, with skirt, blouse and tights the accepted attire for women. English, French and German are spoken in most business circles.

Office hours: 

Mon-Fri 0730-1530.

Economy: 

Macedonia's economy has been undermined by regional strife - the civil war in the neighbouring Serbian province of Kosovo, instability in Albania and, most recently, the conflict between the government and Albanian nationalists - which has also deterred investment from the region. The economy shrank consistently throughout the 1990s; in 2001, it contracted by 5%.

However, by 2004, the economy began to grow, with annual growth reaching 3.6% in 2005. The new government elected in 2006 pledged to increase growth to 7%. In 2006, the growth rate remained around the 3% mark.

Unemployment remains exceptionally high at around 36%, with the result that a thriving black economy (a characteristic of most of the southern Balkans) is operating.

GDP: 

US$5.6 billion (2006).

Main exports: 

Steel, iron, textile products, tobacco, food and beverages.

Main imports: 

Machinery and equipment, automobiles, chemicals, fuels and food products.

Main trading partners: 

Serbia and Montenegro, Bulgaria, Greece, Germany, Italy and Russia.

Keeping in Touch in Macedonia

Telephone: 

All telecommunications services are generally working normally.

Mobile phone: 

Roaming agreements exist with most international mobile phone companies. Coverage is mostly good.

Internet: 

There are a few Internet cafes in the main towns.

Post: 

Services work normally.

Media: 

The constitution guarantees freedom of speech and access to information.

Press: 

• The main daily newspapers are Dnevnik, Utrinski Vesnik, Nova Makedonija and Vecer (an evening paper).
• Weekly papers include Focus and Aktuel.
• The Macedonian Times comes out monthly in English and Macedonian.

Television: 

State-owned MTV operates three national networks and a satellite network.
• Private channels include A1 and Kanal 5.

Radio: 

• Macedonia Radio is state owned.
• Kanal 77 and Antenna 5 are private national stations.

You Might Also Like

Most Popular