Confederation of Italian Industry Confindustria, an organization representing Italian companies, today in Skopje promoted its representative office that opened in Macedonia. The President of the Confederation of Macedonia, Marko Markoni, pointed out that the representative office was established in order to be the address for all Italian entrepreneurs looking for business partners in Macedonia.

– Our goal is to help Macedonian and Italian entrepreneurs and promote the activities of our members, said Marconi.

The President of Macedonian Chambers of Commerce (MCC) Danela Arsovska said that Macedonia and Italy are important trade partners and good friends.

– MCC works well with the Confederation in Italy and in the countries of the region, and I am glad that we will be able to provide logistical, technical and any other support in Macedonia, said Arsovska.

Italian Ambassador Carlo Romeo said Confederation is an association representing production and service enterprises in Italy with nearly 150,000 members of all sizes with 5.4 million employees. The central headquarters is in Rome, has 241 territorial offices and associations, and since 1958 it has a permanent headquarters in Brussels, which aims to represent Italian companies in front of European institutions.

– The moment has come to make an association for Italian companies that are present in Macedonia where there are 130 companies with Italian capital of which 40 are active. In 2016, Italy is ranked 13th by the number of investments in the country with 107.6m euros, said Romeo.

He emphasized that the Italian investments in Macedonia have a complex dimension due to the high quality of products produced in the country and added that there is a possibility for increasing the investments and the trade exchange between the two countries.

Deputy Prime Minister for Economic Affairs Kocho Angjushev said that Italy is an important trading partner of Macedonia, with total trade in the first nine months of 2017 of 367 million euros, which ranks sixth in terms of economic cooperation.

– The government is committed to increasing the cooperation with companies from developed countries, as is undoubtedly Italy, and I hope that in the years following the growth of economic cooperation, it will be expressed in terms of two-digit figures. In the past nine months, the trade exchange between the countries has increased by 6.6%, and it is especially important that the export has increased by 7.5%, which reduces the trade deficit, Angjushev said.

He urged companies, members of the Confederation, to review the measures of the Economic Growth Plan and expressed hope that the opening of the office will be an additional opportunity to attract investments from Italy.