Page 12 - Ekonomija i Biznis_septemvri 2016.indd

FLASH MACEDONIA

ALKALOID REALIZED GROWTH AND 95 NEW
EMPLOYMENTS IN THE FIRST HALF OF 2016

Alkaloid AD Skopje realized positive THE IMPORT OF OLD
financial results in the period from January CARS DECREASES, AND
to June 2016, as shown by the unaudited
individual and unaudited consolidated THE IMPORT OF NEW
Profit and Loss Statement. In the period CARS INCREASES
from January to June, the total consolidated
sale reached 4,197 million denars, which is The import of used cars in July this
an increase by 4% compared to the same year experienced fourfold decline
period last year. The total consolidated according to the information provided
import of the company increased by 5%. An by the Customs Administration of
increase of 8% was also registered in the earnings before financial costs, taxes Macedonia. In comparison to June,
and amortization (EBITDA), which reached 598 million denars, while the net when almost four thousand cars were
consolidated profit of 326 million denars also increased by 8%, as shown by the imported, slightly more than one
consolidated Profit and Loss Statement. According to the individual Profit and thousand were imported in July this
Loss Statement, in the period from January to June the sale reached 3,244 million year. According to the experts on the
denars, which is an increase by 6% compared to the same period last year. The car market, this is expected, if one
earnings before financial costs, taxes and amortization (EBITDA), which is 583 considers the ban for import of cards
million denars, increased by approximately 9%, while the net profit increased older than 10 years (lower than the
by 9% as well. The total investments in fixed assets in the period from January Euro 4 standard), which entered into
to June 2016 were 344,331 thousand denars. In the period from January to June force in July. A decline by half was also
2016, Alkaloid employed 95 new employees. observed at an annual level compared
to July 2015, when more than two
THE ASSESSMENT OF GROWTH OF THE NATIONAL thousand vehicles were imported.
BANK OF THE REPUBLIC OF MACEDONIA HAS The estimations are that this
AN INCREASING CERTAINTY FOR DOWNWARD condition is expected to continue in
REVISION the following period considering that
according to the data of the Customs
The National Bank of the Republic of Administration, a growth of the
Macedonia for the second time this year import of new cars is observed, which
confirmed the continuation of the economic for the first seven months is almost
growth, however with a decelerated 2,900 vehicles, and this is a growth of
pace compared to the first quarter. The more than 15% compared to the same
accomplishments in the economy from the period last year when slightly more
beginning of this year so far are less than than 2,400 vehicles were imported.
expected, which together with the risks from
the external environment and the national
political developments indicate downward
risks for the projection of the GDP for 2016.
In regard to the inflation, the average annual change of the domestic consumer
prices continues to have negative values with simultaneous lower prices of food
and energy. On the other hand, the core inflation experienced positive growth
rates. The inflation realizations so far indicate lower inflation than the designed
one, and the risks for the projection until the end of this year and in the future,
are related to the variability of the expectations for changes of prices of energy
and food in the world. From the Bank it was stated that starting from July 25,
until August 8, in total 48.3 million Euros were bought, which indicates the
returned trust of the citizens in financial institutions.

Miroslav Sazdovski

12 September 2016