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CZECH INVEST IN MACEDONIA


National.

After "discovering" Croatia, Czech businessmen are now turning their eyes to Macedonia, Montenegro and Serbia, Prague's media report.

The companies and real estate in Macedonia and other Balkan's countries are a big hit among Czech investors, while the Macedonian Government campaign has been described as "a good business move".

The local experts qualified the campaign promoting Macedonia as a business paradise with low taxes and simplified company registration procedures as "a good business move".

"It might prove to be a good move, however, we are talking about an unstable developing market, therefore, I would recommend to our citizens to find a partner who is well acquainted with local situation", said Petr Wosmik, head of a big real estate agency based in Czech Republic.

Czech businessmen focus their interest in coastal region of Montenegro, and in Serbian machinery production industry.

Due to low prices, Czechs are buying property on a massive scale in the Balkans, Czech agencies specialized in purchasing property abroad report.

MD: Nice, so the campaign is allready paying off!

[B92]

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February 27 2010:
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