Textile companies from North Macedonia at a fair in Tirana, Albania

The Agency for Foreign Investments and Export Promotion is taking part in this year’s textile and leather fair 2022 with its own national stand, http://www.expocity.al which was held in Tirana, Albania. Eight textile companies from the country and clothing manufacturers had the opportunity at the two-day event to have B2B meetings with representatives of companies from countries in the region, and participants of the fair.

Our long-time partners Textile Cluster – TTA and SIPPO also took part in the fair.

The Director of the Agency, Bekim Emini, in his address at the ceremonial opening of the fair, highlighted the opportunities that the state offers with special emphasis on the textile industry, which is the second largest sector, with total exports of more than 490 million euros in 2021. Of particular importance is the cooperation and mutual assistance between the countries in the region for the growth and development of the economies of the countries.

Invest North Macedonia with participation in “Green Energy Forum”

The Invest North Macedonia team participated in the “Green Energy Forum” organized by the Ministry of Foreign Affairs – Directorate for Economic and Public Diplomacy as a response to the initiative of KOTRA – Korea Trade-Investment Promotion Agency.

At the forum, the representatives of the Agency presented the general economic and investment climate in the country to Korean Ambassador Lee and the delegation of KOTRA Sofia.

This event represents an excellent opportunity to expand cooperation with KOTRA, to achieve closer cooperation in the future in terms of green energy projects and other investment projects, as well as strengthening bilateral mutually beneficial trade relations between the two countries.

Invest North Macedonia with participation in the International Fair for Mining, Energy and Metallurgy in Poland

In the period from September 6th to 8th, together with representatives of several Macedonian companies, at the invitation of the Trade Mission of Poland, Invest North Macedonia takes part in the International Fair for Mining, Energy and Metallurgy.

During the stay, companies from North Macedonia had the opportunity to meet and hold B2B meetings with Polish companies, as well as to express the possibility of cooperation in various fields, especially in machinery.

During the visit to Poland, representatives from the Agency held a meeting with the Smolensk Center for Entrepreneurship, where they exchanged experiences and proposals for further cooperation. In the future, Macedonian manufacturing companies from specific industries can expect to deepen their cooperation with other industries and to promote their export potential.

Invest North Macedonia at the international fair for wine, food and tourism “Wine vision on the Open Balkans”

The Invest North Macedonia delegation led by the Director, Bekim Emini, visited the first international wine, food, and tourism fair “Wine Vision of the Open Balkans” held in Belgrade, Republic of Serbia, from September 1st to 4th.

On the first day of the fair, the Agency takes an active part in the working group for drafting a document that will be the basis for the creation of a Proposal – a Memorandum of Cooperation between the Agency for Foreign Investments and Export Promotion (Invest North Macedonia), the Albanian Agency for Investments and Development (AIDA) and the Development Agency of Serbia (RAS).

On the second day, the proposal was presented at a meeting of leaders with the Open Balkans investment initiative, which was supported by the Atlantic Council. During the meeting, the Agency’s Director, Bekim Emini, also made a presentation, emphasizing that this is a concept note with defined areas that aim to bring economies in the region closer together.

Belgian company interested for investing in North Macedonia

ABBE as a potential foreign investor presented its multi-year business plan for investing in our country by investing in Battery management system (BMS) and Power Electronics Systems and starting with employing more than 70 people, as well as opening a special Research & Development center for their needs and hiring highly qualified staff for industrial research. It was emphasized that the initial investment will be shortly increased in the coming period, given that the demand for this type of product will grow rapidly.