Category: Research

Through mysterious offshore schemes to valuable stocks and exclusive locations (Part Three)

Author: Vlatko Stojanovski Besides companies related to a famous tycoons, politicians, convicts, and even parties, on the list of over 400 companies in this country, co-owned by foreign companies based in specific jurisdictions, there are also mysterious offshore companies with a conspiratorial ownership structure. According to the official data and documents that we provided from several institutions, these companies in the past have changed many owners from various offshore...

Tycoons, politicians, convicts… who owns the offshore companies in the country? (Part II)

Author: Vlatko Stojanovski As we announced in the part I of the series dedicated to offshore companies in North Macedonia, the ownership structure of 408 companies includes other legal entities registered in 28 foreign countries, mostly European „specific jurisdictions“, known as „tax havens“  which offer the highest level of discretion. In this part of the series we are writing about these companies, their ownership structure, current status, basic activity…...

Over 15 million euros paid after court orders for land expropriation for the highway Kichevo – Ohrid, of which 5 million euros for costs

Author: Sashe Dimovski A resident of a village of Ohrid, who was deprived of 4 square meters of land for the construction of the road Kichevo-Ohrid, remained dissatisfied with the offer of the state to pay him 550 denars per square meter and asked the court to determine the real price. An expert was hired, who estimated that the property was worth 20 euros, twice as much as what...

Alternating nationality for a job position

Author: Vesna Ivanovska-Ilievska For over 20 years, she has been exploring the archeological sites in the country, and yet she does not have a single day of work recorded in her years of service. In cold weather, under the hot sun, at underwater sites, archaeologist Valentina Todoroska has been a regular member of archeological teams in Macedonia and the region. She has collaborated with almost every museum in the...

The problem called Rusino: The garbage is being dumped and burnt, the solution is still on paper

author: Dejan Angelovski             Illegal wasteland Rusino is located above the city of Gostivar, in Banjicko Pole, whereas the river Sushicka is watering Banjicko pole and flows into the river of Vardar. Many citizens of Gostivar have pictured this location as a place for relaxation, but, instead, Rusino got the repution of a wasteland, which according to the last data has expanded up to 120.000 square meters up to...

Municipalities are sinking in debt – Tetovo, Ohrid and Karposh at the top of the list

authors: Aneta Dodevska and Ruzica Fotinovska The debts of the municipalities in the country are growing. As much as 70 out of a total of 80 municipalities in the country reported overdue and unpaid obligations on various grounds. This means that 87.5% of all municipalities in the country face financial problems for regular servicing of the municipalities. In the third quarter of the year, the overdue and unpaid obligations...

The owners of 408 companies are “hidden” in 28 offshore countries (Part One)

Author: Vlatko STOJANOVSKI Over 400 companies registered in the country are fully or partially owned by other companies, headquartered in foreign countries that are known as specific jurisdictions, or offshore zones. As part of the research that we made, we found 408 legal entities in the Macedonian trade register, whose owners are not actually individuals, but other companies located in 28 foreign countries that are considered ас offshore areas....

The incredible road of Samsonenko’s and Kamcev’s friend to electoral billboard busines

Saska Cvetkovska   Early elections have finished, but still, the reminder of the fierce campaign days can still be seen in the big number of billboards that have not yet found new tenants. A lot is said in the public about the party expenses for media campaigns and propaganda. For the public especially attractive are the millions of state money that go on media accounts, followed by accusations for...