Page 2 - Menora Endiku

INTERVIEW

qualified staff, aimed at growing into the rare countries without the possibility
an international company with high to trade stock market gold or trade gold
values and goals for strengthening, via securities.
promoting, and developing business in The opportunities we have in this
Macedonia and the Balkan countries, sphere are huge, for which we, as
as an environment ready to respond to a company, are ready to submit an
all world trends and challenges in the initiative in the forthcoming period to
world of business. Our primary business regulate this issue and adopt legislation
activity is trade in investment gold and in the shortest time possible.
diamonds of all shapes, weights, and Unfortunately, there are offers for
quantities, which is a very appealing investment gold in our country, but with
business opportunity for our country as prices 20% higher than the stock market
we are still pioneers in this important prices, which is uninviting in terms of
branch of the world business community. trading. Our goal is to import raw gold
Additionally, an important part of and turn it into a finished product by
Menora-Enkidu’s offer is consulting labelling it as a Macedonian product
services as well as trading in iron, oil and selling it at a stock market price,
derivatives, and many other operations as people will have the opportunity to
by our partners in the world. Our invest in gold just like everywhere in the
main goal is to raise awareness of this world.
untapped market opportunity and, as a
country, to become a significant part of Is there a possibility for gold to be
the investment gold and diamonds trade sold as a Macedonian product?
in Europe and the world. All products
that we can offer on the market F. Pilatin: As I mentioned earlier,
in Macedonia come from different Macedonia lacks trade in raw gold since
markets around the world from already the gold on our market is currently
established companies that are our placed only as a finished product. We
partners and associates. have not legally regulated the trade in
We believe to have excellent raw gold; only if it is a finished product
preconditions for the development of do we have the possibility to hallmark
this extremely promising branch of the finished product in the Bureau of
business and that with its activation we Metrology.
will have the opportunity to contribute However, our goal is to turn raw
to improving the business climate in this gold into rods at a licensed refinery, as
country. The global expansion, activities well as to put the Macedonian hallmark
and experience that our company has and sell the gold as a Macedonian
in the international trade are of great product. If regulated, the procedure for
importance for our market and we are a Macedonian hallmark would be quite
ready to selflessly help all our current simple. First of all the fineness of the gold
and future clients as well as partners in is determined by a stamp indicating the
developing their business strategies and degree of purity and the manufacturer.
long-term plans. Products made of precious metals
(gold, silver, platinum) can be placed
Do the laws in Macedonia enable on the market only if their fineness is
trade in such raw materials? stated. In addition to fineness, other
conditions should be regulated such
F. Pilatin: Unlike more developed as texture, liability mark, registration,
countries such as the USA, Israel, testing, stamp, operation regulations,
England, Germany, France, and others, import, export, etc. Furthermore, the
Macedonia still does not have a Gold manufacture of products obtained by
Exchange, i.e. trade in raw gold is not smelting precious metals should be
legally regulated which makes us one of regulated, which requires the issuance

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