Realized investments in manufacturing of wood and wood products and furniture production in the Republic of Macedonia
Realized investments in manufacturing of wood and wood products and furniture production in the Republic of Macedonia

Summary/Abstract: Investments represent a prime mover of the economy. Without them it can not talk about economic development in general of the each country. The realized investments of the Macedonian manufacturing have decrease tendency with the average annual rate (AAR) from -0,2% for the period 2007 - 2010. This trend follows the investments in the furniture production with AAR from -1,5%, unlike the manufacturing of wood and wood products where the gross fixed capital formation by purpose of investment show growth from 32,6% for the analyzed period. The investments of wood and wood products manufacturing participate with about 0,2% and also furniture production with 0,7% in the total manufacturing investments of the Republic of Macedonia for the same period. The technical structure (buildings and structures and machinery and equipment) of investments in total (manufacturing of wood and wood products and furniture production) beside fluctuation is favorable. This is the result of the average investments in buildings and structures from 32,0% and machinery and equipment with 68,0% for the period 2007 - 2010. The favorable investment technical structure is distinctive for the manufacturing of wood and wood products and furniture production too. Small participation of investment in the woodworking industry in relation to the total investment in the economy of the Republic of Macedonia and the disinvestment level of the industry as a central activity requires the investment in the sector is very small and given that no significant outcomes. Foreign investments of the Republic of Macedonia as an additional impulse for development are insignificant. Foreign direct investments by the activity of investing have variable dynamic with positive AAR for the period 2003 - 2007. The foreign investments of the manufacturing participate with only 25,0% in the total foreign investments of the Republic of Macedonia for the analyzed period.

• Details
• Contents