Investing in Republic of Macedonia

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Investing in Republic of Macedonia

• Svetozar Janevski
• Pivara Skopje AD

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We have made significant investments

• Wine industry
• The largest wine production company with more
  than 50 years of existence on the markets in the
  surrounding regions
• Potential leader in wine segment capturing the
  market opportunities in Macedonia and surrounding
  regions.
• Tourism
• Main facilities on the Ohrid lake Riviera and
  Skopje Capital with the potential capacity of
  more than 20.000 tourist visits per annum
• Fast food restaurants
• Introduction of the first international fast food
  chain in the Country
• Beer and Soft Drinks industry
• Representative Company of the both worlds
  largest international brands, Heineken
  Coca-Cola capturing 80 of the beer market and
  50 of the total soft drink market in the
  country.

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Partnerships for success

• Heineken Breweries
• The brewers of the No 1 international beer brand
  in the world
• SAS Radisson
• Hotels and resorts international chain
• Coca-Cola Hellenic Bottling Company
• Largest Coca-Cola bottler in Europe
• McDonalds
• The worlds largest fast food chain

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Basic statistics
Investments in Mill. Euro
Revenues in Mill. Euro
Profits in Mill. Euro
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Few tips how to make money in Macedonia

• Look for undiscovered opportunities, DO NOT BE A
  COPY CAT
• Be the first to use the advantage of the hidden
  potentials,
• Consider the Regional Vs Country perspective
• Bilateral agreements with 11 countries in the
  region, enables us to reach 150.000.000
  inhabitants as direct market opportunity
• Government attitude
• Private sector needs to lead the development of
  the Macedonian economy
• Well educated employees with positive attitude
  towards further skills development
• Look for sign of cluster cooperation in the
  industries

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Back up charts
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Macro-economic indicators
Inflation
GDP Per Capita in USD
Exchange (1EURMKD)
GDP Growth ()
Purchasing Power
Unemployment ()

• Average Net Salary 172 EUR
• Unemployment rate 30
• Low (stabile) level of economic activity
• Announcement for serious approach to economic
  reforms in 2004

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Investment tax incentives in SEE countries
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Corporate tax benefits

• Revision of the profit tax law by April 2004 in
  the areas of
• Deductible expenditures
• Undetectable expenditures
• For investments over 2 million only 5 tax rate
  applies
• Revised corporate and personnel tax to be
  introduced in January 2004

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