Macedonia, Former Yugoslav Republic of Business
• Main exports: Steel, iron, textile products, tobacco, food and beverages.
• Main imports: Machinery and equipment, automobiles, chemicals, fuels and food products.
• Main trade partners: Serbia and Montenegro, Bulgaria, Greece, Germany, Italy and Russia.
Economy
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.
Business Etiquette
Office hours: Mon-Fri 0730-1530.
Business Contacts
Kompleks Banki bb, PO Box 401, 1000 Skopje, Macedonia
Tel: (2) 310 8108.
Website: www.nbrm.gov.mk
Economic Chamber of Macedonia
St Dimitrie Cupovski 13, 1000 Skopje, Macedonia
Tel: (2) 324 4000.
Website: www.mchamber.org.mk
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