North Macedonia is a country in the

Balkan peninsula The Balkans ( ), also known as the Balkan Peninsula, is a geographical area in southeastern Europe with various geographical and historical definitions. The region takes its name from the Balkan Mountains that stretch throughout the who ...

in Southeast Europe. Ranked as the fourth "best reformatory state" out of 178 countries ranked by the World Bank in 2009, North Macedonia has undergone considerable economic reform since independence. The country has developed an open economy with trade accounting for more than 90% of GDP in recent years. Since 1996, North Macedonia has witnessed steady, though slow,

economic growth Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of ...

with GDP growing by 3.1% in 2005. This figure was projected to rise to an average of 5.2% in the 2006–2010 period. The government has proven successful in its efforts to combat inflation, with an inflation rate of only 3% in 2006 and 2% in 2007, and has implemented policies focused on attracting foreign investment and promoting the development of small and medium-sized enterprises (SMEs). The current government introduced a

flat tax A flat tax (short for flat-rate tax) is a tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base. It is not necessarily a fully proportional tax. Implementations are often progressiv ...

system with the intention of making the country more attractive to foreign investment. The flat tax rate was 12% in 2007 and was further lowered to 10% in 2008. Tourism is an important part of the economy of North Macedonia. The country's abundance of natural and cultural attractions make it an attractive destination of visitors. It receives about 700,000 tourists annually.

Notable firms

This list includes notable companies with primary

headquarters Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the to ...

located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Defunct companies

Gallery

File:Народна Банка.jpg,

National Bank of North Macedonia The National Bank of the Republic of North Macedonia ( mk, Народна банка на Република Северна Македонија, translit=Narodna Banka na Republika Severna Makedonija, NBRSM) is the central bank of North Macedoni ...

headquarters in Skopje. File:Tutunski kombinat, Prilep.JPG, Main building of the

Tutunski kombinat Prilep Tutunski kombinat Prilep () is a tobacco company headquartered in Prilep, North Macedonia. The company mainly deals with the purchasing and selling of high quality oriental tobacco (types Prilep and Yaka); its operations also include the producti ...

in Prilep. File:Грозје - Вранец.jpg, Vineyard in North Macedonia.

References

{{Europe topic, List of companies of * North Macedonia

Notable firms

Defunct companies

Gallery

See also

References