Macedonia: Austria Still the Biggest Investor

BusinessEconomy ♦ Published: March 28, 2012; 11:02 ♦ (Vindobona)

Foreign direct investments of € 303m entered Macedonia last year, said the National Bank of Macedonia. The biggest investor in Macedonia is still Austria with € 77.21m.

Macedonia: Austria Still the Biggest Investor / Picture: © Wikimedia Commons / By MacedonianBoy ([1]) [CC BY-SA 3.0]

The biggest investor Austria is followed by the Netherlands with € 77m, Turkey with € 75m, Slovenia with € 33m and € Sweden with € 12m. The reinvested profit of 47m is part of the total FDI, too. The statistics of the National Bank show that 2011 closed with twice as much foreign investments as 2010.

The Macedonian Government is satisfied with last year’s results. For…