25 April 2010

Optimism of German companies in Macedonia

Several German companies operating in Macedonia are satisfied with their business situation, but they still point to certain factors in Macedonia that have to be changed urgently, show the results of an opinion poll conducted by the Federation of German Chambers of Commerce and Industry-Skopje branch in cooperation with Macedonian-German Economic Association. German investors still complain about lack of efficiency of public administration, transparency in tenders, legal certainty, poor approach to state aid and EU financial support as well as slow prevention of corruption and crime. Despite the problems, German companies are optimistic and 79 percent of them are satisfied with their situation in Macedonia.

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