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ECONOMY

                                                  (photo: “financialtribune.com”)  tion or absence of mass production, from
                                                                                   a statistical point of view they are not in-
   This does not mean that the manufac-                                            cluded in the regular reports, according
ture of machinery and equipment is lim-                                            to the quantity, which is not the case with
ited only to these companies or that this                                          the value of turnover.
activity is a tabula rasa on which there is
complete ignorance in this region. There                                              But what do statistics say? According
are companies which are established in                                             to the industrial production indices for
the production of certain types of devices,                                        September 2015, the manufacture of ma-
such as „Rade Konchar“ which produces                                              chinery and equipment n.e.c., participated
various types of contacts, bimetal relays,                                         with significant 6.12 percent in the struc-
switches and other electrical devices, but                                         ture of total production in the country.
according to statistics they are included                                          This industry has grown among the larg-
in other industrial sectors. There are also                                        est, right behind traditional sectors such
companies that deal with production of                                             as clothes manufacturing (which accounts
sophisticated machines and robotics,                                               for 12.73 percent), manufacturing of food
such as „Mikrosam“ from Prilep, which                                              products (11.7 percent), supply of electric-
is a globally competitive company with                                             ity, gas, steam and air conditioning (7.03
its high-tech products, i.e. machines for                                          percent), extraction of metal ores (6.76
producing composite materials. This com-                                           percent) and manufacturing of other non-
pany, established in 1990, is one of the few                                       metallic mineral products (6.52 percent).
in our country which produces high-tech                                            Other statistical data also confirm that it
products. However, due to limited produc-                                          is a dynamic industry - in August this year,
                                                                                   compared to the same month last year,
                                                                                   production was larger by 26 percent and
                                                                                   when comparing the period from Janu-
                                                                                   ary to August this year and the same pe-
                                                                                   riod last year, the increase was 18 percent.
                                                                                   Even better are the indicators for Septem-
                                                                                   ber, when production was higher by 30.5
                                                                                   percent compared to the same month last
                                                                                   year, and if the comparison is made for the
                                                                                   first nine months of this year, the increase
                                                                                   is 19 percent.

                                                                                      Practically it turns out that the sector
                                                                                   of manufacture of machines and equip-
                                                                                   ment is one of the drivers of the industry,
                                                                                   considering that in September this year
                                                                                   compared to the same month last year,
                                                                                   industrial production was higher by 2.5
                                                                                   percent or 8.6 percent when comparing
                                                                                   the period from January to September this
                                                                                   year and last year.

                                                                                      This global picture still gives some-
                                                                                   what distorted image of the entire sector.
                                                                                   Although there are no valid compara-
                                                                                   tive data, it is clear that there is a large
                                                                                   concentration with only one company,
                                                                                   which in a short period raised this sector
                                                                                   to a much higher level. For example, only
                                                                                   three years ago, in September 2012, manu-
                                                                                   facture of machinery and equipment n.e.c.
                                                                                   accounted for insignificant 0.74 percent in
                                                                                   the total industrial production, and the

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