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MEGA INTERVIEW
doesn’t come here. The question is, where projects, we seriously started operating
did that cheap energy in Europe come out of the country and we have already
from? The answer is simple: from the re- exported the first equipment to Albania
newable energy sources. Why? The feed- Currently there are ongoing talks in Mon-
ing tariffs in Western Europe have passed, tenegro and Albania, where there is a po-
now they have clean and cheap energy tential for construction of hydro power
and they practically solved the problem plants. In the part of EDS, normally, we
of the competitiveness of their economy. expect that all the upcoming stages of the
In the economy of each product there are liberalization will increase our portfolio,
several main expenditures to be consid- but it is not just that, EDS made the big-
ered: the raw materials, the employees, gest balance group in Serbia after their
the energy. The raw materials are based state-owned company; we are also work-
on the global prices, the decrease of the ing in Croatia, in Bulgaria, in Kosovo, in
price of the employees leads towards a de- Greece – it is interesting to mention that
crease of the living standard of the citi- a significant part of the electricity that
zens, hence, the decision was that a way Greece imports is sold by EDS, hence, we
must be found to reduce the energy price. see EDS more as a regionally-oriented
This is sustainable in a long run. Denmark company, rather than oriented just to-
for example produces 120% from its needs wards Macedonia-.
by wind power plants. Fifteen days ago,
for the first time in its history, Germany Let us turn to the general economic
has produced energy for the entire coun- environment now. How would you assess
try in one single day. solely by renewable the current economic situation in the Re-
energy sources. In the energetic, if you do public of Macedonia and the perspectives?
not have a plan for the next 5-10 years, Do you have any suggestions for concrete
you have no plan at all. systemic measures with which the busi-
ness sector in Macedonia can be helped?
Let us close the part of the interview
about the activities of your companies in K. Angjushev: Unfortunately, I cannot
the Group. How do you see the future de- say that the situation here is very good at
velopment of the Group and its members? the moment – we all see what is happen-
ing in the country and we have to say that
K. Angjushev: Feroinvest is engaged this has its impact on our work as well. In
solely in technology and engineering and the Brako segment, there is no larger fi-
naturally, it sees its development in that nancial implication, since 95% of the pro-
direction. We will not enter areas that are duction is exported. On the other hand,
unknown to us, that we cannot and we do we export in 21 countries at the moment
not know how to manage. In the mechan- and all of our partners there hear about
ics part, we plan to further develop Brako Macedonia and all of our talks begin with
and our target is increasing the growth of our explanation of the situation here, i.e.
10% on an annual basis. We have plans for whether the deliveries are safe and so on.
that; in the part of the medical furniture All this makes our access harder and for
we have established collaboration with example, if you are a buyer from Germany
the biggest producer in the world – Inva- and collaborate with Brako, which pro-
care; in the part of the trucks, we have al- duces for Germany, and you have offers
ready had new discussions for new types from Bulgaria or Romania with almost
of trucks – we only produce one type at the same conditions, you would consider
the moment, but we will expand the gama the option you feel is the safest and the
with 7-8 types. The new equipment and most stable one. They are EU members
the facility we are constructing will help and their political situation at the mo-
a lot and here we expect serious develop- ment is calm, and this is important to the
ment. In the hydro power plants segment German. I believe that it is good our situa-
in Macedonia, we will complete all the tion to be resolved quickly, in a way which
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