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Home ECONOMY

Economic Chamber: Over 160 companies sound alarm about problems in several sectors

March 29, 2022
in ECONOMY, NEWSROOM
Azeski thanks Montenegro for cooperation and wishes rapid growth, after being recalled as honorary consul in Skopje
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Over 160 companies are raising concerns about problems in several sectors due to the multi-crisis, the Economic Chamber said Monday, writes MIA.

According to the Economic Chamber, the situation in civil engineering is most worrying, and the issue of the price hikes of construction materials must be resolved immediately, otherwise consequences would be devastating.

“We’ll all be accountable unless we start resolving this issue immediately. This problem has implications in all spheres, and particularly in the area of public procurement,” said the President of the Association of Civil Construction, Building Materials and Non-Metal Industries, Andrea Serafimovski.

According to him, the problem with the capital projects that have been legislated and evaluated but not started is that the prices that have been legislated and evaluated are no longer the same as they are increasing by the day.

“The biggest implication is the uncertainty in which civil engineering is found amid new public procurement, and the problem that the conditions under which they are legislated are those conditions that we had for a year, two years, five or ten years, i.e. under the normal conditions of life and work,” Serafimovski added.

The Economic Chamber once again highlighted the importance of companies sounding an early warning about the worrying situation in which business is.

“We cannot wait on statistics first, before we respond and intervene. The business sector, which receives factual data clearly and audibly in everyday communication, should be trusted. Information coming from companies is alarming and worrying. We’re trying to process and forward it to the public sector, so that we can all help each other,” said Branko Azeski, President of the Economic Chamber.

According to Azeski, over 160 companies are raising the alarm about problems in several sectors due to the multi-crisis.

“In times like this, our experience shows that information obtained by the private sector should be a priority and most important, because the signaling and the measures taken are of great importance in the time dimension in which they are set,” Azeski added.

“That we are right in this matter and we believe it is the right way shows the latest comparative analysis coming from our largest trading partner, the Federal Republic of Germany, two days ago, which says that according to the analysis of the Munich-based Institute for Economic Research, German economy is expected to see a 15% drop in the coming period due to a shortage of raw materials, mostly in the automotive industry, which means that our forecasts from a month ago begin to come true – if such a situation develops with our largest trading partner, there will also be consequences for the Macedonian economy,” said Azeski.

He noted that the Economic Chamber speaks on behalf of 594,243 people employed in the private sector.

 

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