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Friday 11th November 2011
BBGM Chairman Ray Power welcomes Prime Minister Gruevski and HRH Prince Michael of Kent in a private meeting before investment discussions
The British Business Group Macedonia was pleased to host Prime Minister Nikola Gruevski and a group of UK business leaders on Friday, November 11th, at the Dorchester Hotel, London, in the distinguished presence of His Royal Highness Prince Michael of Kent.
Macedonia: Mining and Agriculture / AKA “Rocks N’ Rolls”
The group brought together a group of top level attendees from the UK investment community, tightly focused on the Mining and Agriculture / Food Production sectors. Additionally, there were some key representatives focused on infrastructure and renewable energy projects, sectors which Macedonia currently has some very attractive opportunities in.
High Level Business Community
Attendees included, from the mining sector, several London mining outfits with combined turnover of over $3 billion dollars, and senior London investment banking personnel bringing world-leading mining expertise. The agriculture and food production sector was also well represented, including the owner of one of the UK’s largest privately owned businesses (with turnover of circa £600m) and a former CEO of dairy giant Muller’s UK operations.
BBG Chairman, Ray Power, commented:
“In planning the event, we felt it was very important to deliver on a number of key things. High level attendees typically don’t like to be bored by lectures, and it was important to stimulate direct and engaging discussion between investors and Prime Minister Gruevski and his team.
We ensured that attendees had tailor-made informational material delivered to them in advance. We also ensured that the group was small enough to attract top level investors with serious intent, and the intimate gathering made it possible to deliver strong value to those in attendance.”
Several delegates praised the delivery of Prime Minister Gruevski during the event, several commenting on the well-struck balance between enthusiasm and credibility of his presentation of the investment advantages of Macedonia.
Impressive Business Reforms
There was good consensus that the many economic and business climate reforms of the Macedonian administration over recent years appear to have left the country well placed for serious foreign investment. Prime Minister Gruevski stressed that Macedonia now has the best overall tax environment in Europe, including maximum corporate tax of 10% with possible tax breaks of up to 0% tax for 10 years.
Special Delegation of HRH Prince Michael of Kent
His Royal Highness Prince Michael of Kent has continued to express his support and interest in building trade to the South West Balkan region, following his visit to Kosovo in May 2010, hosted by the British Chamber of Commerce Kosovo. A special delegation of UK investors hosted by the BBGM and in the presence of HRH Prince Michael is planned for early 2012.
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