For decades the textiles industry was Macedonia's specialty, but the break-up of the former Yugoslavia in the 1990s caused production to slow dramatically. However, the industry is showing signs of a revival, led by the likes of Comfy Angel and Moda Sveti Nikole, both of which have attracted interest from western Europe.
From
Special Reports
Macedonia switches on to IT
While some IT hotspots in central and eastern Europe are overheating, with rising demand leading to a hike in wage expectations, Macedonia is positioning itself to take advantage, investing in developing the IT expertise of its graduates and establishing a business incubator to assist new businesses.
From
Special Reports
Macedonia's free zones show an eagerness to please
The service levels shown to foreign companies locating in Macedonia's free zones have come as a pleasant surprise to even the most seasoned of professionals, giving the country a further competitive advantage on top of its tax incentives and cheap labour.
From
News
Ecuador keeps faith in Correa
The re-election of Rafael Correa as Ecuador's president should be viewed as a sign of political and economic stability, according to the country's investment authorities.
Finland president seeks better self-promotion
With its good business climate, highly educated workforce and large neighbouring countries, Finland should be easily marketable to investors but, according to the country's president Sauli Niinisto, the country needs to work harder at promoting its merits and pushing for more inward FDI.
From
News
Lithuanian prime minister stresses FDI focus
In his first meeting with the foreign business community since his election in December 2012, Lithuanian prime minister Algirdas Butkevičius outlined his strategy to attract more foreign investment into the country.
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News
CEE outperforms Western Europe: World Bank
The EU11 – Bulgaria, Croatia, Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovenia and Slovakia – have outperformed the rest of the EU member countries when it comes to inward FDI for the past two years, according to the World Bank.
From
News
Disputes on the rise in past decade, says report
A new study shows that the number of reported investor-state disputes has increased substantially over the past decade.
From
News
Nordic M&A activity up in 2012
In 2012, merger and acquisition activity in the Nordic region experienced significant levels of growth, while in western Europe activity declined by almost the same amount.
From
News
New initiative aims to bring IT talent to Ireland
With backing from the likes of Google, Facebook and Twitter, a new initiative, Make IT in Ireland, is hoping to increase the country's profile as a high-tech hub.
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