MACEDONIA INVESTS $4 MILLION ABROAD LAST YEAR
admin1 – July 17, 2006 – 12:57pm
Photo: NBRM

Macedonian companies last year invested abroad over 4 million dollars, the National Bank of Macedonian stated. Most of the money was invested in mining, metallurgy, office equipment and computers. Retail and wholesale trade is likewise a target of Macedonian firms.

According to the National Bank, Macedonian companies invested most in Albania (2.5 million dollars), China (1.1 million dollars) and Serbia and Montenegro (312,000 dollars).

In the first quarter of this year, investments abroad totaled 116,402 dollars. Most of the money flowed into the food business. The greatest portion of the investments ended up in Serbia and Montenegro.