Search Results for: Macedonia

GREECE and the newly renamed Republic of North Macedonia have struck a military agreement enabling Greece to help monitor its neighbour’s air space, including for civilian flights. During a visit to the North Macedonian capital Skopje, Greek Prime Minister Alexis Tsipras noted the deal between the two country’s defence ministers includes the Hellenic Air Force providing air traffic control services to Northern Macedonia, which it will monitor via radar.…

BULK tobacco smuggling is on the rise in eastern and south-eastern Europe, and cigarette manufacturers are calling for a better coordinated approach by law enforcers, as well as the passing of clearer and stricter rules to combat the menace. While regulation is in place in some countries (Montenegro and Romania insist on licensing and growers’ record keeping, for instance), the licencing and registration of tobacco growers are still not required in others (for example Poland and Greece), causing weak links that can be exploited by smugglers, according to the legitimate tobacco industry.…

A CHANGE in the name of Macedonia’s Skopje Alexander the Great Airport could be afoot, as the Macedonian government seeks to heal an 18-year-old dispute with Greece over the country’s name and association with this historic king and conqueror. Macedonia Prime Minister Zoran Zaev declared at the World Economic Forum in Davis last month (January) that he would be prepared to stop naming Skopje airport after Alexander, along with maybe changing his country’s name.…

PRACTICAL discussions on integrating six western Balkans countries within the European Common Aviation Area (ECAA) are to take place, with an agreement allowing their entry into the bloc having come into force on December 1. The expansion includes Albania, Bosnia & Herzegovina, Macedonia, Serbia, Montenegro and Kosovo, who have formally joined the ECAA, alongside the European Union (EU), Norway and Iceland.…

GERMAN airport operator Fraport has announced a new EUR10 million development plan for Kavala International Airport, which serves eastern Macedonia and Thrace in northern Greece. Fraport Greece CEO Alexander Zinell said Fraport would upgrade the existing terminal, expanding it by 2,000 square metres, installing a new baggage handling system while remodelling and expanding its fire station.…

AFTER years of slow growth since 2008, eastern Europe’s now mature cosmetics and personal care market has continued to show marginal gains in products sales in the past year, according to experts.

The region’s cosmetics and personal care products sales edged to USD23.67 billion in 2017 from USD21.74 billion in 2016, counting sales in Poland, Croatia, Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Romania and Slovakia, Belarus, Bosnia & Herzegovina, Serbia, Slovenia, Macedonia and Georgia.…

Croatia has reversed a decision to raise import fees on food imports charged at its borders with its non-European Union (EU) Balkan countries Serbia, Montenegro and Bosnia & Herzegovina, as well as on trades from Macedonia, another ex-Yugoslav state. The Croatian ministry of agriculture today (Aug 10) announced that “from Friday [August 11] onwards the border controls would be fully normalised”.…

Securities Commission Malaysia (SC) has released a new Malaysian Code on Corporate Governance (MCCG). This revised guidance encourages the development of corporate governance culture, not just within listed companies, but also state-owned enterprises, small-and-medium sized enterprises (SMEs) and licensed intermediaries. This code includes 36 practices to support strong board leadership; effective audit, risk management, and internal controls; and solid corporate reporting.…

THE OILS and fats business has always been international, with its commodities and the products made from them, being traded worldwide. And as a result, the companies involved have always had to pay attention not just to the regulations of the country were they manufacture or source, but those of importing and transit countries.…

BUILDING a career in auditing in what is often regarded as the most corrupt country in the European Union (EU) is not for the faint-hearted, but that is what Nikolay Garnev, EY manging partner for Bulgaria, Macedonia, Albania and Kosovo, has done.…