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MEGA INTERVIEW
we produced are cleaning Nice, Hungaror- terms of this? We have given our
ing, where the F1 takes place, these are old equipment to
vehicles produced in our factory. KA: When you have a monopoly, there
is no competitiveness, and in this case, the high school,
What are the expectations from the there are also a lot of hidden costs, which on which, apart
new investment of Brako in terms of pro- increase the price for the end customers. from their practical
duction, new employments, the products When you are a monopoly, then you are exercises, they will
placement? too comfortable, with less respect for the produce simpler
clients. The liberalization of the electrici- compositions for
К. Angjushev: Since 2003 until now, ty should break the monopoly and work on Brako, for which there
Brako has not had annual growth smaller market grounds. In all this fight and com- will be a financial
than 10%. This commits us to maintain the petition, in the end the clients, i.e. the end remuneration. This
growth with investments in new equip- customers have the biggest interest. This is a win-win situation
ment and technology. Brako constantly has been confirmed with the part of the for all of us and
invests in new equipment and technology. market, which was liberalized in Macedo- I hope that this
If we have started with around 50 employ- nia. I will say this as an illustration: only collaboration will last
ees, today we have 470 in Veles only. The in the first stage of the liberalization, 200
last investment is the construction of a companies entered the free market, all of for years
completely new facility in which the most which together were spending altogether
modern CNC machines will be installed. 700 gigawatt hours. They saved 15 million
We will build a complete line, in which ev- Euros on an annual basis thanks to the
erything will be produced, from tin plates liberalization. And now, as you go further,
and pipes, up to turbines for small hydro the same thing repeats: with the latest
power plants, but also for the bigger hydro stage, from the 1 July, another 190 compa-
power plants. This investment is worth nies are entering the free market, and all
around four and a half million Euros, we these companies together spend around
will have 32 new employees through a 300 gigawatt hours, and the savings are
special program with the high school in pretty much the same for them: between
Veles. We have invited all the students 20% and 40%, depending on the company
who graduated from the Technical High and its specifics. Here, the savings are
School to a summer paid internship, and another 7 million Euros. Together, these
out of them, 32 students will be employed are 22 million Euros that remain in the
in September, the best ones, of course. industry and the business each year. The
price of the electricity has a downward
Apart from the collaboration with trend globally. Yet, we haven’t heard that
the high school, is there something else in from 2008 or 2009 onwards, the electric-
this collaboration? ity price for the households decreased as
much as the electricity price decreased on
K. Angjushev: We have given our old the market. It used to be 80 Euros, now
equipment to the high school, on which, it is 36 Euros. I strongly believe that the
apart from their practical exercises, they price of the electricity will fall or it will
will produce simpler compositions for be on the same level, mostly due to the re-
Brako, for which there will be a financial newable energy sources in Europe, whose
remuneration. This is a win-win situation feeding tariffs passed, and now they are
for all of us and I hope that this collabora- practically a free energy source. There are
tion will last for years. a lot of them in Western Europe and the
other developed countries. I would like to
Let us turn to the issue of the elec- say that contrary to the expectations that
tricity market: one more general question, it will bring a price increase at the begin-
which I believe is important for the read- ning – I continue to claim persistently that
ers – what exactly does the process of lib- the liberalization in Macedonia will bring
eralization of the electricity market mean a price decrease, all the way down to the
and where is Macedonia at the moment in households.
20 July-August 2016
