{"id":1248,"date":"2021-05-25T09:59:00","date_gmt":"2021-05-25T09:59:00","guid":{"rendered":"https:\/\/web-sme-csp.com\/republic-north-macedonia\/?p=1248"},"modified":"2021-07-09T07:53:26","modified_gmt":"2021-07-09T07:53:26","slug":"ebrd-and-eu-to-boost-competitiveness-of-small-and-medium-sized-enterprises-in-north-macedonia","status":"publish","type":"post","link":"https:\/\/web-sme-csp.com\/republic-north-macedonia\/2021\/05\/25\/ebrd-and-eu-to-boost-competitiveness-of-small-and-medium-sized-enterprises-in-north-macedonia\/","title":{"rendered":"EBRD and EU to boost competitiveness of small and medium-sized enterprises in North Macedonia"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1248\" class=\"elementor elementor-1248\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a835225 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"a835225\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4631004\" data-id=\"4631004\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f612b83 elementor-skin-carousel elementor-widget elementor-widget-media-carousel\" data-id=\"f612b83\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;space_between&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;skin&quot;:&quot;carousel&quot;,&quot;effect&quot;:&quot;slide&quot;,&quot;speed&quot;:500,&quot;autoplay&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;loop&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;space_between_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;space_between_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]}}\" data-widget_type=\"media-carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-swiper\">\n\t\t\t\t\t<div class=\"elementor-main-swiper swiper\" role=\"region\" aria-roledescription=\"carousel\" aria-label=\"Slides\">\n\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-carousel-image\" role=\"img\" aria-label=\"bild\" style=\"background-image: url(&#039;https:\/\/web-sme-csp.com\/republic-north-macedonia\/wp-content\/uploads\/sites\/5\/2021\/05\/bild-1.jpg&#039;)\">\n\n\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-622073d elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"622073d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-29d4666\" data-id=\"29d4666\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d1c03b3 elementor-widget elementor-widget-heading\" data-id=\"d1c03b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">EBRD and EU to boost competitiveness of\nsmall and medium-sized enterprises in\nNorth Macedonia<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2889b92 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2889b92\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0608c88\" data-id=\"0608c88\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-841a4b5 elementor-widget elementor-widget-text-editor\" data-id=\"841a4b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>By Bojana Vlajcic\u00a0<br \/>25 May 2021<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f86a78f elementor-widget elementor-widget-text-editor\" data-id=\"f86a78f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"list-style-type: none;\"><ul><li><b>\u20ac4 million EBRD loan to Ohridska Banka for on-lending to local businesses to help them reach EU<br \/>standards<\/b><\/li><li><b>Cashback incentives of up to 15 per cent of the loan amount, funded by the EU<br \/><\/b><\/li><li><b>Collaboration to build a more competitive SME sector in North Macedonia\u00a0<\/b><\/li><\/ul><\/li><\/ul><p>Small and medium-sized enterprises (SMEs) in North Macedonia (https:\/\/www.ebrd.com\/where-we-<br \/>are\/north-macedonia\/overview.html) will be able to access \u20ac4 million to help them become more<br \/>competitive, thanks to a new EBRD loan extended to Ohridska Banka<br \/>(https:\/\/www.ohridskabanka.mk\/about.nspx).<\/p><p>SMEs can also obtain technical assistance, including hands-on EBRD advisory support<br \/>(https:\/\/www.ebrd.com\/work-with-us\/advice-for-small-businesses\/north-macedonia-business-advice.html).<br \/>After successfully completing their investment, they will also be eligible for a cashback grant of 15 per cent<br \/>of the total loan amount, funded by the European Union (https:\/\/www.ebrd.com\/who-we-are\/structure-and-<br \/>management\/shareholders\/european-union.html) (EU).<\/p><p>The loan to Ohridska Banka is a part of the Western Balkans SME Competitiveness Support Programme<br \/>(https:\/\/web-sme-csp.com\/), to which the EBRD provides loans and the EU contributes incentive payments<br \/>and technical assistance. The goal is to help SMEs modernise their activities and take advantage of trade<br \/>opportunities in the Western Balkans region and wider European market.<\/p><p>Andi Aranitasi, EBRD Head of North Macedonia, said: \u201cWe are stepping up our support to local SMEs in<br \/>North Macedonia by signing a new credit line with Ohridska Banka to improve access to well-structured<br \/>finance and advice to help SMEs grow. Together with the EU, through our very successful SME<br \/>Competitiveness Programme, we have already reached more than 120 SMEs with combined funding of more<br \/>than \u20ac30 million and we hope that many more will benefit from this opportunity.\u201d<\/p><p>Ambassador David Geer, Head of Delegation of the European Union, said: \u201cAccess to finance is essential for<br \/>the future growth and development SMEs in North Macedonia. This support is part and parcel of our<br \/>continuing efforts to promote a positive business climate for SMEs and thereby stimulate the creation of<br \/>jobs and economic recovery&#8221;.<\/p><p>Nina Nedanoska, President of Management Board of Ohridska Banka AD Skopje, said: \u201cWith this loan<br \/>agreement we continue to support SMEs by offering them access to finance and opportunity to invest<br \/>modernization, progress and prosperity, especially during these challenging times. The combination of loans<br \/>and grants financed by EU, has proven to be a strong tool to encourage SMEs to become more competitive<br \/>on both local and foreign markets, at the same time making a positive impact on the domestic economy. We<br \/>hope that our continuing partnership with the EBRD will help to create more successful local businesses and<br \/>will boost entrepreneurial potential.\u201d<\/p><p>The EBRD is a major institutional investor in North Macedonia. To date, the Bank has invested \u20ac2.14 billion<br \/>through 145 projects in the country, where it focuses on the expansion of the local private sector, the<br \/>promotion of regional and international integration and the sustainable use of resources.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Small and medium-sized enterprises in North Macedonia will be able to access \u20ac4 million to help them become more<br \/>\ncompetitive, thanks to a new EBRD loan extended to Ohridska Banka.<br \/>\n<br \/>\n<a href=\"\/republic-north-macedonia\/en\/2021\/05\/27\/ebrd-and-eu-to-boost-competitiveness-of-small-and-medium-sized-enterprises-in-north-macedonia\/\" class=\"elementor-button cust-button\" role=\"button\">Read More<\/a><a href=\"https:\/\/web-sme-csp.com\/republic-north-macedonia\/wp-content\/uploads\/sites\/5\/2021\/05\/EBRD-and-EU-to-boost-competitiveness-of-small-and-medium-sized-enterprises-in-North-Macedonia.pdf\" class=\"elementor-button cust-button\" role=\"button\">Download<\/a><\/p>\n","protected":false},"author":1,"featured_media":1269,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EBRD and EU to boost competitiveness of small and medium-sized enterprises in North Macedonia - web-sme-csp.com Republic_North_Macedonia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/web-sme-csp.com\/republic-north-macedonia\/en\/2021\/05\/25\/ebrd-and-eu-to-boost-competitiveness-of-small-and-medium-sized-enterprises-in-north-macedonia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD and EU to boost competitiveness of small and medium-sized enterprises in North Macedonia - web-sme-csp.com Republic_North_Macedonia\" \/>\n<meta property=\"og:description\" content=\"Small and medium-sized enterprises in North Macedonia will be able to access \u20ac4 million to help them become more competitive, thanks to a new EBRD loan extended to Ohridska Banka. 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