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FLASH MACEDONIA

MACEDONIAN TELECOM WON AN AWARD FOR THE
PROJECT “SMART CITY”

At the World Congress on Information

Technology, which took place in Brazil,

Macedonian Telecom won a prestigious

award for the project Smart City from the

World Information Technology and Servic-

es Alliance (WITSA). The award was won in

the category Sustainable Growth Solution

where the nominated solution promote THE NATIONAL BANK OF
sustainable economic growth which is defined as ability to improve the financial

and the social situation in the country. The project “Smart City” is a modern in- THE REPUBLIC OF MACE-
tegrated system for automatic location of the vehicles and electronic collection DONIA CONFIRMED THE
in the public city transport, real-time monitoring of the traffic network and the
movement of the passengers, as well as control and regulation of the transport DOWNWARD CORREC-

service. According to the company, this is the beginning of the era of “Internet TION OF THE GDP AND
of things” in Macedonia, and the capital, according to the example of the world THE NEGATIVE INFLATION
metropoles, transforms into a modern and “smart” city. The World Information

Technology and Services Alliance (WITSA) is the leading consortium of the mem- The indicators of the movements
bers of the Association from the ICT industry with more than 80 countries from in the specific economic sectors an-
the world, and it was established in 1978. nounce continuation of the growth

in the third quarter, with a similar

pace as in the first half of this year.

Still, according to the announced in-

formation about the growth of the

GDP for the first half of this year, the

achievements are lower than the ex-

ECO-ACTION OF PIVARA SKOPJE, PAKOMAK AND pectations provided in the April pro-
THE DUTCH EMBASSY jection, which indicates a probability
for downward correction of the pro-

jected economic growth for the en-

The employees and the management of tire year of 2016. The average annual
Pivara Skopje, together with the Embassy change of the national consumption
of Netherlands in Macedonia and the com- prices in the first nine months of this
pany Pakomak cleaned more than 3 kilo- year is still in the negative zone with
meters of the bank of the river Vardar in lower import prices and growth of the
Skopje. ”We are aware that maybe this is a basic inflation. The inflation achieve-
symbolic contribution, however we hope that ments so far indicate lower inflation
with this eco-action we will send a message than the projected one, and the risks
to the entire community, how we should all for the projection and further related
treat the environment, and particularly the water resources”, stated the CEO of to the variability of the expectations
Pivara Skopje, Jovan Radosavljevikj. For its past efforts for sustainability and for the changes of the world prices of
the evident results in environmental protection, Pivara Skopje together with energy and food. The stock exchange
the other members of the Coca-Cola HBC group, for third consecutive year is reserves in September show high
ranked first in the industry for drinks in the world according to the prestigious quarterly growth, which arises from
global ranking made by “Dow Jones sustainability indices”. The Ambassador of the indebtedness of this country in
the Kingdom of the Netherlands, Wouter Plomp, emphasized the wonderful and the international financial market
diverse nature as one of the greatest treasures of Macedonia, whose pollution is in July, the interventions of the Na-
a great problem, and according to Plomp, the only way to resolve this problem tional Bank of the Republic of Mace-
is a common approach between the state institutions, the business sector and donia with purchase of the foreign
the citizens. exchange market and growth of the
stock exchange deposits of the banks

at the National Bank of the Republic

of Macedonia.

Miroslav Sazdovski

10 November 2016