EC Press Release 4, 2015, Mr. Samoil Malcheski Ph.D joins EC!

EC PRESS RELEASE AUGUST 14TH 2015

EC strengthen its presence in The Balkan Peninsula.

Mr. Samoil Malcheski, Ph.D. – Introducer to EC

Samoil Malcheski, Ph.D.

Samoil was born on September 11th, 1983 in Prilep, Republic of Macedonia. He holds a Ph.D. title in the field of economy since 2013, and two M.Sc. titles in the field of economy and in the field of applied mathematics, mathematical economy.

Samoil started his career in 2007 as a President of the Student parliament at Ss. Cyril and Methodius University in Skopje, Republic of Macedonia and as Chairperson of National Student Union of Macedonia. After that from 2010 till 2013 he was teaching assistant at University Sent Paul the Apostle in Ohrid, teaching several subjects in the field of economy and applied mathematics. He started working in the consultancy business in 2007 as a freelance consultant for SME’s and NGO organizations. Till now he has lead and finished several projects on national and regional level.

Samoil has extensive experience in the field of financial management, management of SME’s, project management and strategic planning.

He is author/co-author of five University books, four University scripts, one scientific popular book, nine professional and thirteen scientific papers. He is a member of several professional organizations in Republic of Macedonia.

Macedonian Economy

Economy

The Macedonian economy increased slightly during 2014, with a rise of real gross domestic product (GDP) annual growth rate at 3.7%. The GDP annual growth rate for 2015 and 2016 is set at 4.0% and 4.54%, respectively. In 2014, there was a deflation of 0.3%, in contrast to inflation in 2013 which averaged 2.8%.The projections for 2015 and 2016 stand at 1.0% and 2.0%, respectively.

Over recent years, global brands such as Johnson Controls, EVN, Societe Generale, Mobilkom Austria, Lukoil, Johnson Matthey, Vienna Insurance Group, T-Home, TAV Telekom Slovenije, Solway, ArcelorMittal, Marquardt, IBC Israel, Gazit Globe Israel, Acibadem Healthcare Group, Porsche, Kromberg & Schubert, Dräxlmaier, Van Hool and Uniqa have set up operations in

Skopje

Macedonia.

Driven by the favourable economic conditions, the overall demand for goods and services continued to increase throughout 2014 and was mostly satisfied by imports. Together with the rising international prices of key raw materials, electricity and food, this contributed to an overall increase in the trade balance deficit.

Trade Agreements

Framework agreements liberalizing foreign trade between Macedonia, the European Union, the European Free Trade Association (EFTA) and the Central European Free Trade Agreement (CEFTA) countries, as well as Turkey and Ukraine, have expanded the market exposure of domestic manufacturers. Macedonia’s major trade agreements are as follows:

WTO

Macedonia has been a member of the World Trade Organization (WTO) since 4 April 2003.

European Union

In April 2001, Macedonia and the European Community and its Member States became signatories to the European Stabilization and Association Agreement effective from April 1st 2004 and the Interim Agreement on Trade and Trade Related Matters covering various trade components effective from June 1st 2001. In accordance with the Stabilization and Association Agreement, customs duties on industrial goods between Macedonia and the EU countries are in the process of being phased out. Currently, there is a wide asymmetric liberalization of EU imports of industrial goods of Macedonian origin which are duty-free. Relief for agricultural produce is also provided.

In March 2004, Macedonia submitted an official application for European Union membership. Having acquired EU membership candidate status in December 2005, the Republic of Macedonia embarked upon the key stages of European integration.

EFTA

According to an Agreement signed on June 19th 2000 which entered into force on May 1st 2002, trade with EFTA countries (Iceland, Liechtenstein, Norway and Switzerland) enjoys preferential terms and conditions.

CEFTA

Macedonia became a CEFTA (Albania, Bosnia and Herzegovina, Moldova, Montenegro, Kosovo and Serbia) member in 2006. The trade component of this agreement came into force on July 26th 2007. In accordance with CEFTA, Macedonia began liberalizing trade in industrial and agricultural goods with CEFTA member countries

Foreign Investment

According to state authorities, gross foreign direct investment in the country for 2014 was around EUR 278 million compared to EUR 264 million in 2013 and EUR 117 million in 2012.

Economic Consultants

was established by Mr. Lars Johan Myrtroen in 1990 in Oslo, Norway and moved to London, UK in 1996 and provides Management Services to companies – complementing In-house Expertise.

We specialize in, Funding, Business Advice, Trading Platforms, Bank Instruments and Commodities.  We have been in involved in a number of very successful Start-ups in different industries and countries over a number of years.

On our web site, http://www.economic-consultants.com you will find comprehensive information in all of the sectors we are involved including a number of helpful Templates guiding you in the right direction when writing business plans, press releases etc.  Our extensive range of contacts and consultants reaches out to all corners of the world enabling us to develop links and partnerships that will assist in meeting goals and suggesting new areas to promote growth.

Our Funding Program enables clients to seek for funding from US$ 2 million and upwards.

Make sure you follow our News Letter and take part in our exiting development!

For more information Contact:

 Mr. Samoil Malcheski, Ph. D, Introducer

Email; samoil.malcheski@economic-consultants.com

Phone: MK +389 (0)70 317336

Skype: samoilm

www.economic-consultants.com

Mr. Lars Johan Myrtroen, Executive Chairman & Founder

Email; lj.myrtroen@economic-consultants.com

London Office +44 20 8133 9055

Mobile: UK +44 (0) 7478 255976

Skype: myrtroen

www.economic-consultants.com

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Lars Johan Myrtroen, has 40 years experience in international financing and runs his operations from London, England. He established M-broking in the early 80′s and running Stavanger Bank in the Eastern part of Norway. Euro Export Invest AS was established in Oslo in 1998 owning four IT and security companies, with KSD as the leading company holding offices throughout Europe and he has been participating in several start-ups in the US, Philippines, Norway and the UK, among others British Armouring Manufacturing Inc, and Birdstep Technology ASA (Public, Norway). Also major investor in “Norges Energi AS“. He has experience from the bio-metric industry, serving as chairman of BioPrint AS, Norway, and adviser to and Director in GenKey Inc, San Francisco. Acting today as Executive Chairman in EC Capital Management Ltd, trading as Economic Consultants. He enjoys golf and started Grenland Golf Club in Skien Norway in 1980 and served as a Board Member in the Norwegian Golf Association for 4 years.

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