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MACEDONIA GLOBAL INVESTMENT SUMMIT ORGANIZER

local partner for sme

PLATINIUM SPONSORS

OFFICIAL TELECOMMUNICATION PARTNER

2 3 WITH TOP-NOTCH WEB SOLUTIONS COMPETITORS CONTENT GLOBAL INVESTMENT SUMMITPROFICIENCY EDGE YOUR RESILIENCE in top quality and cost effiency, we areyour best choice! If you are looking foracompany that prides itself Synergy BusinessCenter,floor2 Skopje 1000,Macedonia Novoproektirana BB +(389) 22457560 INNOVATION 4 DEDICATION WE GOBEYOND THE LIMITS. YOU PUSH CREATIVITY SECURITY SUMMIT 2012 become competitive intheglobal market. goal isto inspire peopleto become innovative andhelpbusinesses to businesses, Diaspora businesses professionals, andforeign investors. Our relationship andcontinue to Macedonian helpbuildthebridgesbetween The Investment Summitisaforum that hasbeenorganized to benefit companies, investors anddiaspora members. and strategies that suggestandenforce longterm successes forlocal international contracts, we can together help indeveloping communication and relationships. Through knowledge ourcombined and expertise, andstrengthen theplatformopportunities to buildfuture partnerships ofthis,Because timeto we explore believe that thepotential itisaperfect government, theeducation system, andtheDiaspora). forward by allthestakeholdersthe country (employers, employees, the for growth. itwillrequire But confidence, urgency and resolve to move rates andincentives forinvestment shouldbeacompetitive advantage situation of low cost, available employees, strategic location, attractive tax grow faster thantheglobalorEuro economies. The realities ofthecountry’s believe possiblefordeveloping that countries itisvery like Macedonia to economists believe thiscrisiswilltake years to work out. However, Istill itdoesnotlooklikeunfortunately aquickturnaround forEurope. Many Globally, we are experiencing many economic challengesand valuable, professional Summit. would like to thankyou foryour attendance inthis andparticipation behalfofMacedoniaSummit! On I 2025,oursponsorsand supporters, Welcome to and to Ohrid the first annualMacedoniaGlobal Investment Macedonia 2025Chairman Letter from Mike Zafirovski, 5 Mike Zafirovski

SUMMIT 2012 MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT 2012 MACEDONIA GLOBAL INVESTMENT SUMMIT Web: www.macedonia2025.com Email: [email protected] Fax: +389.2.3218.636 Office: +389.2.3218.631 Address: st. Belasica 2,1030Skopje Contact ment andcorporate practices; andcreating aflourishingclimate forentrepreneurship. details: in Macedonia, asapreferred by positioningthecountry FDIdestination; promoting transparent govern- local office in Skopje, Macedonia. Theaimofthe organization is toassistinstimulating economic growth located inC Macedonia 2025was foundedin2007by reputable membersoftheMacedonian Diaspora withoffices www.generalturist2000-ohrid.com.mk [email protected]: GENERALTURIST 2000–Ohrid Contact Kristina person: Pipile by theMacedonian C Macedonian Enterprise Development Foundation isadevelopment organization, foundedin1998 Web: www.mrfp.org.mk Email: [email protected] Fax: +389.2.3065.298 Office: +389.2.3065.381 Address: Nikola Parapunov bb, P.O. Box 55,1060Skopje Contact details: promoting entrepreneurship by employing financialandnon-financialservices. development ofsmallandmedium-sized enterprises by improving access to and financialservices, L Macedonian Enterpise L Organizer:Mac edonia 2025 ocal ocal tour p rown Point, Indianaand Toronto, C ar tner for sME: enter forInternational C opera tol Genra r: ooperation. The organization isfocusedonsupporting anada. In2011,Macedonia 2025expanded andopeneda De 6 velopment Turist Web: www.macedonia2025.com Email: [email protected] Fax: 219.663.0604 Office: 219.310.1410 Indiana USA46307 Point Address: 1504N.MainStreet Crown Macedonia 2025USAoffice

FOUND A TION Ms. MajaVelichkova, Macedonia 2025office inMacedonia Ms. BiljanaMarkovic, Macedonia 2025office inMacedonia Ms. Andriana Ivanovic, Macedonia 2025office inUSA Organizing committee members: Mr. Arsov, Robert Vice Chaiman ofMacedonia 2025 Organizing committee C Mr. Zoran Board ofMacedonia Martinovski, Member 2025 Organizing committee C Turkey, USA. UK, , Macedonia, , Poland, , Sweden, Switzerland, Thailand, a. Zaneta Trajkoska, Director, for Journalism School andPublic Relations American College-Skopje andresearch Dean fellow Economics ofBusiness School andManagementUniversity b. Associate Prof. Nikica Mojsoska-Blazevski a. AniMarkik Popovska Jasmina Mihailovski Gligor • Stojanovski Bojan • Georgina Trajkovska • Deolska Rodna • Marija Jovanovska • Ivana Lumakovska • IgorIzotov • Aleksandra Dudik • Aleksandar Stamboliev • Borche Ilioski • Dimitrovska Dijana • Jordanka Kacarska • • • Macedonia Global Official Organizn Organizn Summit Organiz ers Countries , Austria, Australia,Albania, Canada, Belgium, , Finland, Germany, Summit : Tea c o-chair hair ommittee m R : appor Investment

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Summit Par ticip a ting

SUMMIT 2012 MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT 2012 MACEDONIA GLOBAL INVESTMENT SUMMIT offer many opportunities for networking andbilateral fornetworking offer many meetings. opportunities potentialspossibilities inMacedonia ofMacedonian andtheexport companies alsotake part. The summit C International Institutions, anumberofhighgovernment officials, ambassadorsand representatives of there are sixworking panelsondifferent topics. More businessleaders, than250participants, guestsfrom c. - - community - - - - - c c c. ments cooperation d. Macedonia, A the globe. The Investment Summitwillberepresenting business professionals from USA,C Macedonia 2025ishonored to welcome ourguests, keynote speakers, from andparticipants allover The The Par interpet Macedonia Global Summit descript ion hambers of C ticip Investment official ants a Format oftheevent: The Summittakes place working intwo days. days, thesetwo During Leveraging diaspora to create economic opportunity larger projects Explore financialinvestment andprojects, from opportunities microfinance tofinancing successDiscuss businessmodelsofcooperation Macedonia between andtheglobal Explore globally competitive Macedonian products challenges facingthecountry, globaleconomic environment andinvestors Learn more aboutdoingbusinessinMacedonia by and discovering theopportunities andunderstandthecurrentDiscuss globalpolitical outlookandeconomic prospects Strengthen amonglocal thenetwork andglobalbusinessleaders Summit documents documents Summit Leveraging Diaspora to create economic opportunities Financing investments from micro andexports: financing to financing capital invest Globally competitive successful Macedonian products businessmodelsof andservices: Investment climate inMacedonia: ofexisting aperspective FDIs businessinMacedonia Doing EconomicGlobal Prospects andPolitical Outlook Program agenda: tion in Macedonian. onclusions document to bedistributed after theevent to allparticipants atalogue of participants toatalogue bedistributed ofparticipants at theSummit ommerce attend thesummit. Macedonian and foreign companies interested ininvestment lbania, A and langu Summit Guest ustralia, Belgium, C ustralia, Belgium, a ge Ke Progra of ynote

the Investment m Speakers Summit and roatia, France, Germany, India,Luxembourg, Netherlands, Objectives : is 8 English : Summit

with pro 2012: vided simult aneous anada,

those from the USA, Many companies have shown great interest incooperating withMacedonian companies; include recognizable successful businesstrack record andvisionofsuccess. attending are comprised oftop professional elites, credible leaders, andindividualswithaclear Poland, Slovenia, , Sweden, Switzerland, Thailand, Turkey, andtheUnited Kingdom.Individuals focus onbudgetsand cost control.” ‘Measuring isknowing, bothtechnically as financially’ in mind. A partnership He has not the traditional supplier – customer approach towards clients, but always has a long-term ship. well Heknows themarkets, very theneedsofhiscustomers, ofnewprojects. andthefeasibility “ Mr. Filip Van Hool, CEOofVan N.V. Hool dedication.” with littleexperience hasquickly adapted to ourneedsanddemonstrated continuous commitment and to beaddressed whendoing business inMacedonia. We are pleased with ourlocal work very force that “I hopethat thepanelists willshare theirpositive experiences aswell assomeofthechallengesthat have Mr. JatinThakrar, CEOofJohnsonMatthey, Macedonia andthepotentialmunity future cooperation withthemwould begreat honorforus.” Diaspora. We have many successful Macedonians whoenjoy goodreputation intheglobalbusinesscom- the foreign investors to generate andtheopportunities profit inMacedonia infront oftheMacedonian Investment forpresentation willbeagreat SummitinOhrid ofthesepositive opportunity experiences of dicator ofthegoodbusinessclimate, favorable working conditions andMacedonian potential. The Global Macedonia, andmostofallthecases whenthesamecompanies reinvest inourcountry, are thebestin- “Successful investments andthepositive experience offoreign companies that have already invested in Mr. Viktor Mizo CEOofDirectorate for technological industrial development zones projects here inSkopje andbeyond.” Macedonian Diaspora that I’ve seenandexperienced bothbackhomein Toronto and Windsor, andin to sumupinvestmentgreat successes opportunity sofar, andtapinto theentrepreneurial spiritofthe “For measC H.E. Mr. RomanWaschuk ofCanada –Ambassador to theRepublicofMacedonia Investment Summitshows great stridestowards thefuture development oflocal andglobaleconomies. estate, construction and tourism, infrastructure, energy andnatural resources. investment information services, andcomputer technologies, production andindustrialbranches, real represented at theSummit, includingtheA Speakers’ vison and summit expectations C ombining bothtasksworks well inacompany that focusesoninnovation andtailor-made craftsman- anadian A C anada, lthough he is passionate about the bus and coach business, Filip does not lose his mbassador, intheMacedonia Investment 2025Global participating Summitisa A ustralia and many neighboring EU countries. Many fields are also being gribusiness, processing offoodandwine, financialand 9 Y our presence at the

SUMMIT 2012 MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT 2012 MACEDONIA GLOBAL INVESTMENT SUMMIT competitive.” men shouldfocusonproduction ofproducts withhigher addedvalue. That way theywillbecome more petitive labourandagricultural resources ofMacedonia are only fewofthem.Inaddition,local business- “Foreign investors should know that Macedonia has the potential for their business interests. The com - Emil Hristov, LLC, CEOofEMSASolar USAandBoard ofMacedonia Member 2025 successful businessstories.” knowledge andcan teach, motivate, young encourage Macedonian entrepreneurs andsupport to create working hard andlong enoughto power through allourmistakes. We have comprehensive business “My business experiences are acombination ofmany years oftrialanderror, learningstep by step, and A strive andbesuccessful. goalisto Our assistonbothfronts. “ investors, theotheristo buildaninnovative, competitive atmosphere where entrepreneurs are ableto donia. There ofeconomic development. parts are isto One important two attract andretain foreign “Macedonia 2025hasbeenassistinginmany regards economic development to helpsupport inMace John Bitove -Chair Development andEvents ofBusiness Committee, Principal shareholder ofObelysk to create theplatform fortheseremarkable individualsto joinforces andcontribute to theirhomeland”. They are enthusiastic to very promote the Macedonian education, as an organization and it is our duty with foreignstrategic institutions, partnerships develop forresearch thecapacity anddevelopment, etc. pand theinternational programs offered by theMacedonian education institutions, to helpthemdevelop scientists, professors andresearchers from theDiaspora, whohave andtheknowledge to thecapacity ex - bers andmobilizingtheirpotentials towards developing education inMacedonia. We know ofremarkable Education C “One ofthemostsignificant education initiatives that we have establishedthis year istheInternational Board ofMacedonia Member 2025 Vera Stavroff, President andCEOofHerbalScience Inc. andAlkaloidUSA; Co-founder ofGreenBeauty and ndy Peykoff, Founder ofNiagara Bottling, USAandBoard MemberofMacedonia 2025 ouncil. This initiative includesidentifying prominent academic andscientificDiaspora mem- 10 - 11

SUMMIT 2012 MACEDONIA GLOBAL INVESTMENT SUMMIT DISTINGUISHED KEYNOTE SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT DISTNGUISHED KE the St. Lazarus Order from Jerusalem. In September 2011,President Ivanov was awarded thehighestOrder of R in March 2011;andC Tobb ofEconomics University and Technology, Turkey; Istanbul University He hasreceived degrees honorary from various universities, includingthe invitations to give lectures at renowned universities in the European centers. hisPresidentialDuring mandate, President Ivanov hasreceived numerous was inaugurated forPresident on12May 2009. and nomination majority withadistinctive in2009. Hewon theelections the reformist member,a party of hebecame inhelpingfashionthepolicy active of theInstitute forDemocracy, andC Solidarity Macedonian Political Science Association. Heisalsooneofthefounders journal “Political Opinion”, President andthefounderHonorary ofthe President Ivanov is the of co-founder the first Macedonian political science consultant to leadingthink-tanks andresearchers. introduce itssystematic research inMacedonian academia. Hehasbeena President oncivilsociety, Ivanov isaleadingexpert being the first to reformed curriculaandEnglish languageMaster Programmes. TEMPUS Programme for the literature andmagazines. thistime, During hebecame inEU’s active Macedonian academia to Western universities through contemporary philosophy, introducing newteaching methodsthat helpedopen A Macedonia.” presented his thesis entitled the Societies: in Divided “Democracy PhD research hefocusedonbuildingdemocracies individedsocietiesand and Methodius, earning a Master’s Degree in Political Science. his During to Editor. In1995, President Ivanov returned to ofSs. theUniversity C broadcaster “Macedonian Television,” where hewas eventually promoted oriented youth organizations. In1988,hebeganacareer withthenational university, Gjorge Ivanov became politically inliberal active andreformist- President Gjorge Ivanov was born on 2 May 1960. While attending a President oftheRepublicMacedonia GjorgeH.E. Ivanov, PhD, omania in October 2011. omania inOctober t the Law Faculty Professor and Ivanovpolitical taught political theory YNOTE SPEAKERS E party, which supported hispresidentialVMRO-DPMNE party, whichsupported 12 hristian University hristian University C “Dimitrie R epublic of Macedonia, introducing a ivil Society. While never antemir” Bucharest, C ase of yril St. C 1989-1994 Bachelor’s degree in Economics Faculty ofEconomics -Prilep tute 1996 International C Ss C Faculty ofEconomics -Skopje 2006 Master ofScience inEconomics Education andtraining Macedonia 1998 President andfounderoftheBroker’s Association ofthe R andMinister of 1998-1999 Minister withoutportfolio Trade opment –EBRD in the World andtheEuropean Bank forR Bank 1999-2002 Minister ofFinance Governor oftheR 2000-2002 President oftheState andExchange Securities C ofFinancefor strengthening oftheMinistry thecapacity 2003 A MaySince 2003Leader of C MemberofthePermanentand Budget Parliamentary C 2002-2004 President oftheParliamentary C ment 2002-AugustSeptember 2006MemberoftheMacedonian Parlia- Macedonia 2005 Since AugustSince 2006Prime Minister oftheR on31A Born dedicated work forthewellbeing andprosperity ofhiscountry. has astrong andisguidedby faithinGod theidealofconstant andtruly Macedonia on27A Nikola was Gruevski sworn inasthe7thPrime Minister oftheR President oftheGovernment oftheRepublicMacedonia NikolaH.E. Gruevski, MBA, ooperation withtheEuropean Parliament yril and Methodius University –Skopjeyril andMethodiusUniversity lement - University Ohridski dvisor to theMinister ofFinance withinaUSAIDproject ofSerbia V ugust 1970inSkopje. ice President oftheEuro- ugust, 2006inSkopje, theR 13 apital Market Qualifications SecuritiesInsti- London VMRO-DPMNE (aright-wing party) A tlantic C ommission forFinancing epublic ofMacedonia Professional experience econstruction andDevel- epublic ofMacedonia. He ouncil oftheR epublic ofMacedоnia ommission for ommission epublic of epublic of epublic of

DISTINGUISHED KEYNOTE SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS Summit Chair Lexmark International, C CKRA and theUnited States. A include working forseveral prominent companies inMacedonia, programs withinthecountry. Mr. Martinovski’s previous experiences The corporation isincharge ofIFC’s private investments sector andadvisory Macedonia. for the World Bank’s International Finance C years of diverse businessexperience. as theManager Since 2000, he serves Mr. Z Services. Office in Macedonia, Board inMacedonia, Office MemberofMacedonia 2025 Managerof Country World Bank’s International Finance Corporation Zoran Chair; –Summit Martinovski Z for customers andenterprise competitiveness andgrowth. he usesto buildstrong cultures anddevelop leaderswhoshare hispassion known forhisvision,operational execution, andprincipledleadershipthat businesses intheconsumer, arenas. industrialandfinancialservices Heis during a25-year career asPresident at served GE, andCEOoffive GE multi-billion dollar technology and communications businesses; and technology company; President andC asPresidentserved aglobalcommunications andCEOofNortel, world’s leadinginvestment firms. andadvisory Prior to that, Z Mike Z Advisor at Blackstone Group, USA Chairman oftheBoard ofMacedonia 2025,Senior Mike Zafirovski, C afirovski ontheboard serves ofdirectorsBoeing andA of onsulting, TL oran Martinovski isaU.S.oran Martinovski educated businessprofessional withover 20 afirovski isasenioradvisor Blackstoneto the Group, one ofthe C V ienna and Tehnometal-ienna 14 mong thosecompanies are PhilipsElectronics, entral Kentucky R OO ofMotorola anditssixseparate V ardar. orporation of forthecountry esearch Associates, PEM pria Healthcare afirovski PANEL 1 MODERA T OR C thisperiod,During from asSpecialEnvoy 1999to 2000,heserved ofthe 1994 to 2000, and to Switzerland and Liechtenstein, from 1995 to 2000. Dr. Kerim represented asA hiscountry aswelland German C asSerbian, of Economics andisfluent ofBelgrade oftheUniversity in English, French Europe. Heholdsadoctorate ininternational economics from theFaculty scholarly papers, many of which have been published in countries across politics, economics and youth andpoetry. Hehaswritten more than100 issues,on Balkan istheauthorof12booksdealingwithinternational (Germany) andat New . Inaddition,hewas avisitingprofessor at of theUniversity economic affairs with the of Faculty Economics of of theUniversity In the field of academia,Dr. Kerim was a professor of international international political andeconomic affairs. businessman, Dr. Kerim bringswithhimawealth ofexperience in Dr. Srgjan Kerim isaseasoneddiplomat, economist, scholarand operated by BoozA Republic ofMacedonia General Assembly, Former Minister ofForeign Affairs ofthe SrgjanH.E. Kerim, PhD, Former President oftheUnited Nations C and from 2004to 2006 the C He was theC Government ofForeign through theMinistry A accession. invarious othercapacities withtheMacedonian Hehasserved the Macedonian Government onMacedonia’s World Trade Organization Macedonian President Boris Trajkovski, astheC andserved From 2000to 2004,A University, inSkopje, Macedonia. United Nations. A C A of Macedonia to theUnited States inMarch 2007.InNovember 2008, Professor Z Board MemberofMacedonia 2025 of America andHonorary oftheRepublicMacedonia toPlenipotentiary theUnited States ZoranH.E. Jolevski, PhD, and Ambassador Extraordinary oordinator Pact oftheStability forSouth-Eastern Europe. ompliance A hief Negotiator onnamedifferencesGreece with underthe auspices ofthe mbassador Jolevskiwas alsoappointed as theMacedonian Government’s oran Jolevskiwas appointed A hief of Party tohief ofParty theMacedonian Environment Business A ctivity. ofthesewere Both USAIDfundedprojects, and mbassador Jolevskiisalsoaprofessor at theEuropean llen Hamilton, aleadingUSconsulting firm. 15 mbassador Jolevskiwas C hief of Party tohief of Party the World Trade Organization roatian andBulgarian. Y ork University. Hehaslectured widely mbassador to Germany, from mbassador oftheR ffairs. hief ofStaff to thelate hief A dviser to epublic ctivity,

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT Republic ofMacedonia oftheUnited StatesPlenipotentiary ofAmerica to the PaulH.E. D. Wohlers, and Ambassador Extraordinary Moscow Russiawas Third/Second 1988and1991. between Secretary International Trade C at theEastern Europe ofForeign at Division theDepartment A Kyiv, Ukraine. 1991and1994Mr. Between Waschuk Officer was aDesk 1994 to 1998hewas thePolitical C ofForeignat theDepartment A Director ofthePolicy andtheEuropean Planning Division UnionDivision Manager at thesameEmbassy.Mr.R before that 2005 and 2007 he between was C as Minister-C and International Trade. 2005and2007Mr. Between Waschuk worked Former Weapons ofForeign Scientists alsoat theDepartment A and 2008Mr. Waschuk was andR Director ofDestruction Department ofForeignDepartment A Headat StabilizationDirector andDeputy andR of Macedonia andMontenegro. 2008and2011 heworked Between as Plenipotentiary, Embassy ofC of University Toronto. Hewas asA elected Mr. R (2000-2001). and was aSenior Watch Operations Officer inthe State C Department of theExecutive Secretariat of StateDepartment Staff (2001-2003), inthe from 2004to 2007.A C was Deputy C of Macedonia ofCanada to MontenegroPlenipotentiary Serbia, andtheRepublic Roman H.E. Waschuk, and Ambassador Extraordinary to 2008, he was Director of the Office of fromof theState J Department Previously, A in asA credentials to President Ivanov onSeptember 13.Hehadbeensworn Embassy inSkopje, Macedonia onSeptember 12,2011;hepresented his A onflicts in the Bureau inthe onflicts of European and Eurasian A mbassador Wohlers assumedhisdutiesasC oman Waschuk andM hasBachelor mbassador by Secretary Hillary R Hillary mbassador by Secretary mbassador Wohlers Executive asDeputy Secretary served ounsellor at theEmbassy ofC hief of Mission athief ofMission theU.S. Embassy inSkopje, Macedonia 16 anada andhisfirst position at the Embassy ofC mbassador Wohlers Director asDeputy alsoserved ffairs andInternational Trade C anada to therepublic R ofSerbia, ffairs andInternational Trade C uly 2008through J ounsellor oftheEmbassy ofC oman Waschuk was theDeputy odham C C A degree from inHistory the mbassador Extraordinary and mbassador Extraordinary aucasus anada, Berlin, Germany and anada, Berlin, hief of Mission athief ofMission theU.S. ounsellor and Programme econstruction Task Force, une 2011.From 2007 ffairs (EUR/CARC).He linton onA A ffairs and anada. In2007 edirection of anada. From ugust 11. ffairs and R anada at egional epublic anada, enter ffairs Member ofNokia-Siemens Networks Elhage,Samih Chief Operations and Officer Executive Board Mr. A Monetary Fund to theRepublicofMacedoniaMonetary Alexander from École Polytechnique deMontréal. ofOttawa,University C degree inElectrical ofEconomics Engineering andaBachelor from the number onepositioninthemarket. inLebanon, Born holdsaBachelor of thebusiness, enablingthecompany to gainagreater market share and ( Solutions A withinthetelecommunicationsperformance sector. From 2008 until consulting firms, focusingoninvestments andimproving operational as asenioradvisor to leadingprivate andglobalmanagement equity telecommunications. Before joiningNokiaSiemensetworks, heserved profitability.Mr.Elhage in hasmore expertise than22 years ofin-depth vision and operating concepts into specific growth strategies and sustained in various culturally diverse globalmarkets alongwithtranslating business experience inbusinesstransformation, establishingoperational excellence organizations.high-performance Mr.Elhage isknown forhisvast strategic visioning and value creation, P&L management, and building andOperating Business Global seniorexecutive withstrong experience in He joinedthecompany inMarch 2012.Heisastrategic andresult-oriented Mr. Samih Elhage is the chief operating officer at Tinbergen Institute intheNetherlands. (2000-2002). HehasaPhDinmicroeconomics from the and worked at theresearch oftheDutch C department and Tinbergen Institute inA joining theFund, helectured inmicroeconomics at the andC the Monetary His previous assignments at theIMFincludeeconomist positionsin Macedonia. Hehasoccupied thispositionsince A ugust 2010,Mr. Samihwas thePresident ofNortel’s C lexander Tieman istheR CVAS), wherein heledamajorrestructuring andtransformation T ieman, Resident Representative oftheInternational 17 apital Markets andEuropean Prior departments. to anada alongwitha Master ofElectrical Engineering msterdam, theNetherlands(1999-2002) esident R epresentative oftheIMFin Nokia Siemens ugust 2009. arrier V V rije University/ rije University rije University V entral Bank oice over IP Networks.

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT London responsible forlarge C Officer Asia/Pasific incharge ofC MD forM&AandC Europe andtheintegration into Bank ofMidland HSBC. With C he wasHSBC/Midland responsible for banking operations in privatizations, to strategic partner investors andlocally owned banks.A inthe and buildingofthefinancialsector region asa key investor in sector. Underhisleadership, theEbrd was thecatalyst inthetransformation institutions andprivate fundsandlent about€7bnto equity the financial his tenure, theEbrd invested some€6bnin150banks, nonbankfinancial dialogueonsystemic,policy regulatory andgovernance matters. During record ofaccomplishment asaninvestor to authoritiesin andpartner and enjoys anexcellent reputation inthefinancialsector. Hehasastrong Keynote Distinguished InternationalBank Speakers) Section (See Geiger,Kurt Board ofRaiffeisen PhD, MemberoftheSupervisory C was HeadofFinancial Institutions, Private Equity andC senior positionswithC with assignments inFrankfurt, New hasadistinguishedcareer Geiger Kurt inInternational Finance of40years ommittee. Mr. onC isaleadingexpert Geiger orporate Finance Asia/Pacific A Deputy and 18 hase Manhattan, HSBCandtheEbrd, where he orporate clients andshipfinance. orporate R Y ork, Londonork, andHongKong. Heheld estructurings andpreviouslyestructurings in entral andEastern Europe hair ofitsEquity hase hewas C ontinental rea C redit t PANEL 2 Ke yno MODERA te speaker T OR Affairs Governmentat the oftheRepublicMacedonia H.E. Vladimir Peshevski, Prime Minister for Economic MBA,Deputy years. V andreceivedUniversity herdegree inMechanical andNuclearEngineering. family emigrated to Ohio’s where heartland, sheattended The State Ohio founderofGreenBeauty.and co- V V A and headofR Macedonia 2025 Co-founder andBoardAlkaloidUSA; Memberof ofGreenBeauty Vera Stavroff, President andCEO of Inc.HerbalScience and Sciences anA C Business 1996 and1998heworked asaManagement C to 2005heworked asGeneral ManagerofSEAFMacedonia andbetween foreign investors withatotal market value ofeuro 100million.From 1998 consultant duringthesaleofseveral companies from andKosovo Serbia to the Netherlands, andMacedonia. Serbia Hehasbeenamaininvestment with focusonprivate companies intheBalkans, in withbranch-offices intheInternationalwas partner Investment Fund fordirect investments 2009 he worked Fund, as a General Balkan Manager of SEAF South and accelerated economic development.In 2005 the and period between improvement ofthebusinessclimate andcreating economic policiesfor attracting andfacilitating thework forthebigforeign andlocal investors, Macedonia, withspecial focusonthebiginfrastructural projects, andinstitutions in theGovernmentdepartments of the R A Mr. Frank andtheyhave children two Jacquilyn andJeffrey. and international patents. Sheresides inC enter forR era worked ( inthepharmaceutical industry era Stavroff isthe President andCEOofHerbalScience andA ffairs for the Bath & BodyBathffairs forthe & Works division. ffairs since 2009.His main activities include: ffairs sincecoordination 2009.His mainactivities ofeconomic V ladimir Peshevski Prime Minister forEconomic istheDeputy V era joined Limited Brands asamemberoftheExecutive C C enter on an USAID project. Mr. Peshevski was an esearch inNew Technologies oftheMacedonian A rts. esearch &Development, Assurance andR Quality 19 era was borninBitola, Macedonia. Her olumbus Ohio withherhusband olumbus Ohio V era istherecipient U.S. oftwo onsultant intheMacedonian A bbott Laboratories) for13 Assistant at the lkaloidUSA, epublic of cademy of ommittee egulatory egulatory

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT A A From 2007to 2010hewas theOperating Director at theUniversity and Marketing Director at A theUniversity the sameuniversity.From 2010to 2011heworked asC C bachelor degree administration, inBusiness at A theUniversity the mineral resources anddevelopment ofthetourism.He obtainedhis of efficient andstabileenergy system, plannedandsustainableuseof increase ofthecompetitiveness oftheMacedonian economy, development setting asprioritiesforhismandate: improvement ofthebusinessclimate, Macedonia H.E. Valon Minister Saraqini, ofEconomy oftheRepublic above $1billionannually.7000 newjobsandsecuringexports (DE), Kromberg (DE), andSchubert investments inMacedonia, includingJohnsonMatthey (UK),Dräxlmaier Skopje. To date, Minister Samakhasattracted thelargest Greenfield the First Macedonian A countries. of site selection short-list With strategic analysis andduediligence, successfully placingMacedonia ona in Macedonia from thelargest foreign companies where heassisted in than 100 investment projects and hosted more than 60 business teams Asia across many industries. Inhisrole, Minister Samakhasmanagedmore senior business decision makers throughout Europe, the , and has developed and maintains relationships with hundreds of world. Using direct campaigns andbroad-based events, Minister Samak inMacedonia forsomeofthelargestopportunities companies inthe executing abroad range ofpolicies to secure businessandinvestment times since 2006,is themostseniorGovernment officialdrivingand V conferences indifferent countries. atHe hasparticipated many international meetings, summitsand Republic ofMacedonia attracting foreign investments at theGovernment ofthe H.E. Vele Minister withoutportfolio, Samak, appointed Minister for Mr. ollege at 2009.Heiscurrently enrolled inhispostgraduate studiesat ele Samak, appointedele Samak, Minister forattracting foreign investments three dministrativeC Officer attheNorwegian merican C V alon Saraqini resumed the position Minister of Economy in ollege, Skopje. 2002and 2004 heheld a positionof Between 20 utomotive SupplierC V an Hool(BE),creating more than V ouncil forR olkswagen Group, he organized merican C onference heldin 2008 in efugees –Skopje. ollege –Skopje. ommunications C-level and J uly 2011, merican responsible fortheregions ofEMEA(Europe, East Middle and A engineeringC based electronics andelectrical Fida can also add to his credits Germany’s Siemens, the largest Europe- Government A Transport andC Head of of the communicationswas at also Deputy sector the Ministry and coordinating 128 employees in various of KEC sectors Tetovo. Mr. Fida of E Promotion,Export Mr. Fida was Director oftheC to being appointed Director of the A of University Technology, andaMaster’s degree inC 1971. Mr. Fida received hisdegree inElectrical Engineering from the Promotion of the R V Republic ofMacedonia Visar Fida, for Foreign Director oftheAgency Investments ofthe 1999. coordinator ofEconomy intheMinistry oftheR as amaincoordinator teams. ofexpert Hehasworked asaproject indrafting law Hehasparticipated ofhisfield expertise. regulations part Krum Efremov haspublishednumerous papersondifferent topics that are the C R many professional bodies. Dr. Efremov was alsoaC Skopje andheistheState C Assistant Professorand part-time at A theUniversity offoreign affairsoftheR at theMinistry diplomacy 2009. Institute forEconomy, ofSt. University C different positionsin various institutions. Hehasobtained hisPhD at the Dr. Krum Efremov duringhisrichprofessional career hasheldmany ofForeignDiplomacy, Ministry Affairs oftheRepublicMacedonia Krum Efremov, PhD, State Counselor at theDirectorate ofEconomic isar Fida, Director oftheA epublic of Macedonia for VN Macedonia in Tetovo, organizing the entire workflow of the entral European Free Trade A C urrently he is working as a Director in the Directorate of economic dvisor fortelecommunications at thesameinstitution. Mr. ommunications oftheR epublic ofMacedonia, was born inSkopje, Macedonia in 21 A ounsellor. Hewas apresident andchairmanof greement on amendment of and accession to gency forForeigngency Investments andExport greement –CEFT gency for Foreigngency Investments and epublic ofMacedonia, aswell asa yril andMethodius, Skopje at epublic ofMacedonia since onsumer R ompany, where hewas A 2006(2005-2007).Dr. omputer Science. Prior hief Negotiator ofthe epublic ofMacedonia merican C elations C frica). V C ollege ienna enter enter

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT top 50inthe World inacompetition withover 600free economic zones. Macedonian Free Z and worry-free environment the possible. onthislevel Based ofservice current companies intheFree Z promoting Macedonia’s exceptional conditions for investing and providing building world classindustrialparks, attracting Greenfield investments, The fortheFree maingoalsthat Mizo hassetforth Z than 4000newjobsandover indirect investments. 200millionUSDollars His dedicated are work and efforts contributing inthe openingofmore well asthereinvestment project company oftheBritish JohnsonMatthey. Development Zones ( Viktor Mizo, CEOofDirectorate for the C their production inMacedonia, includingA investment projects from multinational companies that have located Mr. Mizo isresponsible fortherealization ofnumerous greenfield charge ofInvest Macedonia forover 4years. Z V ones A ontrols, Kemet Electronics andA iktor Mizo hasbeentheC Russian Protek Group, the Italian uthority since October 2011.Prior since to October uthority hiscurrent positionhewas in ones were ranked by Magazine this year fDi among the 22 TIDZ) hief Executive Officer oftheMacedonian Free ones withthemostcost effictive, supportive lliance One, theIndianMothersonGroup, V T itillo Srl, the Swiss Einflo Windtec as echnological Industrial echnological merican companies Johnson ones A uthority include uthority PANEL 3 Ke yno te speaker Lexmark International, C CKRA and theUnited States. A include working forseveral prominent companies inMacedonia, Europe programs withinthecountry. Mr. Martinovski’s previous experiences The corporation isincharge ofIFC’s private investments sector andadvisory Macedonia. for the World Bank’s International Finance C years of diverse businessexperience. as theManager Since 2000, he serves Mr. Z Macedonia 2025 Finance Corporation Board inMacedonia, Office Memberof Zoran Managerof Country Martinovski, World Bank’s International mobile segment. penetration inMontenegro andstrengthened themarket positioninthe introduced IPT transition ofC Telekom. Mr. Szaszledtheoperation, theorganizational andthebusiness of Directors andC of theBoard ofDirectors ofC from C demonstrates themostdynamic growth.He comes to hisnewposition which constitutes oneofMagyar Telekom Group’s businessareas that Szasz contributed to thespiralling penetration ofthebroadband internet, Plc. (formerA Hungary from 2002.Hewas appointed astheC tasks ofaGMDaewoo C and Germany.1994 at companies the Opel in Hungary He delivered where heheldvarious managerialandfinance leadershippositionssince asan economist,in Budapest hiscareer started at General Motors Group, Directors of T-Mobile Macedonia. Mr. Szasz,bornin1972,after graduating Executive Officer of Makedonski Telekom and BoardPresident of the of As of1stJ International Deutsche Daniel Szasz,CEOofMakedonski C onsulting, TL oran Martinovski isaU.S.oran Martinovski educated businessprofessional withover 20 rnogorski Telekom, where since 2007until now hewas amember uly 2011,Mr. Daniel SzaszassumedthepositionofC C V V rnogorski Telekom. hismandate, During thecompany , mobileinternet, increased significantly thebroadband ienna and Tehnometal-ienna hairman oftheManagement C 23 xelero 2004.Daniel asof1stJanuary Llc)effective T mong thosecompanies are PhilipsElectronics, entral andEastern Europe ManagingDirector elekom Group) rnogorski Telekom, C entral Kentucky R T elekom ADSkopje (memberof V hief Financial Officer of T-Online ardar. orporation of forthecountry esearch Associates, PEM ommittee ofC hairman oftheBoard rnogorski hief

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT a ManagingDirector of “KNA Directors of „Knauf-R of “Knauf” dooSkopje. In1997hebecame amember oftheBoard of in 1994and1996Mr. was Delovski appointed procurement manager positions indifferent branches ofKNA Mr. working inKNA started Delovski worked asalawyer inthelaw office of BlazeMr. Muratovski. A Knauf d.o.o since 01.04.2012.Inhisearly career, Mr. Delovski Mr. Todor is the Managing Director Delovski of Knauf T Manager ofJMECTMacedonia. UK from 2006 to 2008.Since 2008 Mr. Thakrar is working as a General Finance Director ofJMECTUSA.Hewas alsoaProjects Director at JMECT ERP Implementation at From 2002to 2004Mr. Thakrar was the Work Stream ManageroftheJDE From 1998 until 2002, he was the Managing Director of 1989 until 1998heworked asNobleMetalsManagement A Mr. Thakrar asaHeadoffice started FinancialA worked inthefieldofA degreehas aBachelor inEconomics &Finance. From 1982to 1987,he He studiedA Jatin Thakrar isborninEast A of Directors oftheMacedonian –A Directors oftheEuropean A ssociation Business andmemberoftheBoard “Knauf-R Prishtina, Kosovo. Since 2005heisthePresident oftheBoard ofDirectors of (member ofJohnsonMatthey, United Kindom) Jatin odor Delovski, CEOofKnaufMacedonia (memberofKnaufAustria) T hakrar, CEOofJohnsonMatthey Macedonia adika” ADDebar.Mr. became amemberoftheBoard Delovski of utomotive Engineering from 1976to 1979intheUK,and 24 adika“ AD–. In2004Mr. became Delovski T UK. Between 2004 and 2006, he was the JM ECT UK. Between ccountancy. HejoinedJohnsonMatthey in1988. frica, Ugandabutimmigrated to UKin1974. UF” doo Tirana, A ustrian Business Associationustrian Business in2007. UF andsince thenhe helddifferent UF. “Knauf” dooSkopje was founded ccountant. Later on,from lbania and “KNA Z emun d.o.o and JM ECT India. ccountant. fter 1994 UF” doo published publication The C fluently speaks German and English, forinvestmentis anexpert bankingandingeneral. Mr. Jošar Executive MBAProgram ,analliance ofNYUStern, LSEandHECParis. He of Economic’s MBAProgram andiscurrently completing the Trium Global above mentioned Faculty in year 1996. He also has finished the Faculty at the Faculty of Economics, ofLjubljana. He graduated University at the banking at A director ltd. inKDBank andasdirector forInvestment at department asanexecutiveSeptember heacted 2012.Before takingonthisfunction, of the Triglav Insurance C Mr. JošarisanA Benjamin Jošar,Benjamin Authorised of Officer Zavarovalnica the real estate sector. recognized theenormouspotential in ofMacedonia early on–particularly Spurred on by other successful projects in which were either founded by Soravia or in which it has a shareholding. marketing ofthebuildings. The “Equity“division comprises companies erecting, andassessingoftheprojects andfurther selecting handlingand expansion of our company. The “R geographic diversification provides asolidfoundation forthefurther Development andInvestments (Equity). The resulting business and the Group today isdividedinto strategic two businessareas, R from thecenter).Soravia Group isfoundedat theendof1980s, and views across theMacedonian capital anditisonly afewminutes’ drive location, thisexclusive residential andhotel compound hasbreathtaking currently beingbuiltontheslopesofMount oftheMacedonian Parliament)vicinity andSoravia R is constructed according to western standards, situated intheimmediate Invest (The Soravia C Mr. Peter R Peter Roth,CEOofSoravia Group, Austria oth is the General Manager of Soravia Management, Soravia banka 25 V ipa ltd. Occasionally Mr. Jošarisaguestspeaker enter Skopje, thefirstoffice and retailbuilding that ompany. Hehasoccupied thispositionsince ase forBancassurance inSlovenia. uthorized Officer Board oftheManagement eal Estatedivision covers Development“ C C roatian languages. In 2007 he entral Europe, Soravia Group has V odno. With itsquiet secluded esort (The R esort T riglav eal Estate esort is esort

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT during hiscareer. informaleducation inProjects,further CI,andFinance management for 5years. By vocation Makram isaMechanical Ghribi Engineer, gaining of newpower plant withthe “Tunisian Engineer inJohnsonControls 2004-2000: Manufacturing andGas” company ofelectricity Prior to this he was working as Mechanical engineer in theconstruction 2008-2004:Production managerinJohnsonControls • 2010-2008:Lead Launch JohnsonControls Managerfortwo johnsonC • July 2010-April 2012:Operations managerin • • occupied several positionsinJohnsonC first green-field investment inMacedonia, since A Mr. Makram isPlant Ghribi Managerat JohnsonC financially. on budgetsandcost control.‘ Measuringisknowing, bothtechnically as is passionate about the bus&coach business, Filip doesn’t lose his focus clients, butalways inmind. A hasalong-term partnership projects. Hehasnotthetraditional supplier–customer approach towards well themarkets, theneedsofhiscustomers, ofnew andthefeasibility focuses oninnovation andtailor-madecraftsmanship. He knows very buses andcoaches. C and coaches. Later onFilip of alsobecame headofthesalesdepartment member oftheBoard ofDirectors, responsible fortheproduction ofbuses Filip Van Hool, CEOof Van Hool N.V., Belgium in the production department at in theproduction department A C Filip studied applied economics at of the UFSIA (University 1946 the (member ofJohnsonControls International, USA) Makram Plant Ghribi, ManagerofJohnson Controls Macedonia Filip ommercial Engineering at theEHSAHL(Brussels). fter degrees,obtaining his university his professional he started career V an Hool (1964) is born as son of Denis an Hool(1964)isbornassonofDenis V an HoolC Tunisia: 2000-2004 Plants: Tunisia andMacedonia ompany together withhisfather and3ofhisbrothers. 26 ombining bothtasksworks well inacompany that ontrols Macedonia V an Hoolandheworked himselfupto ontrols for12 years: V an Hool, who started in an Hool, whostarted pril 2012.Before this he ontrols Macedonia, the A ntwerp) and lthough he Tunisia PANEL 4 Ke yno MODERA te speaker T OR Vice Chairman ofMacedonia 2025 ofCredit Division Banking Suisse, USAand Arsov,Robert Director ofMergers &Acquisitions, Investment with Bain &C with Bain working &C Dunn forGibson, where he specialized in corporate and financial transactions. Prior to &C Dunn Gibson, 1984 through 1994,Mr. van der progress andtheregion ofthecountry over decades. the pasttwo From In thelate 90’ helaunchedtheSEAFMacedonia Fund andfollowed the currently directing theinitialphaseofSEAF’s IndiaA investment firm.In2010hemoved Indiawhere to NewDelhi, heis became associated C Global with Discovery In 2008hebecame Executive C V Director General grew to $16.8milliontotal capital. In1997Mr. van der CARESBAC/SEAF’s firstfundin Poland that underhismanagement as Funds (SEAF)in1989.In1992henegotiated theestablishment of van der Jan(Bert) Hubertus EnterpriseSmall Assistance Funds (SEAF) Janvan der Hubertus Vaart, Executive Chairman andCo-Founder of Greenwich, C from at ofBusiness U. HaasSchool C. Berkeley, andhecurrently resides in Lufkinbank Donaldson, &Jenrette in1999.Mr. A Wall Street career intheMergers &A LBOs, aswell ashostileanddefensetransactions. Mr. A assignments, includingmergers, acquisitions, divestitures, and spin-offs, traded andprivately heldcompanies oncomplex U.S. andcross-border an investment banker, Mr. A Suisse, specializinginMergers &A R aart was appointed CEOandPresidentaart ofSEAF. obert A obert rsov isaDirector intheInvestment divisionofC Banking onnecticut, daughters. withhiswifeandtwo ompany inLondon andMunich. rutcher in Washington, D.C, Frankfurt, andBrussels 27 rsov hasworked ofpublicly withawidevariety V aart co-founded SmallEnterprise co-founded Assistantaart rutcher, hewas amanagement consultant hairman ofSEAF’s Board ofDirectors and V cquisitions. his13-year During career as aart was aPartner andAssociateaart with cquisitions Group at theinvestment itizens Fund, aninternational gribusiness Fund. rsov received hisBS rsov started his rsov started redit

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT London responsible forlarge C Officer Asia/Pasific incharge ofC MD forM&AandC Europe andtheintegration into Bank ofMidland HSBC. With C he wasHSBC/Midland responsible for banking operations in privatizations, to strategic partner investors andlocally owned banks.A inthe and buildingofthefinancialsector region asa key investor in sector. Underhisleadership, theEbrd was thecatalyst inthetransformation institutions andprivate fundsandlent about€7bnto equity the financial his tenure, theEbrd invested some€6bnin150banks, nonbankfinancial dialogueonsystemic,policy regulatory andgovernance matters. During record ofaccomplishment asaninvestor to authoritiesin andpartner and enjoys anexcellent reputation inthefinancialsector. Hehasastrong was Banker a Senior andA management oftheR Government ondifferent issues, preparation oftheC sector. Otherresponsibilities dialogue with the include the policy investments andclient negotiations energy inthetransport, andmunicipal ofHead Office,the capacity she wasalso involved in preparing bank’s Board fromMontenegro A Supervisory Banka an A andfrom theleadingrole investment inanequity project in C Boards. Herregional experienceSupervisory comes from therole asa rolemanaged institution-buildingprojects andheldanobserver at focusonspecialization inthefinancialsector.particular Ms. Urumovska agribusiness, telecommunications with sector andmanufacturing a banker indifferent investment projects across various sectors, including Elena Urumovska hasgainedherprofessional experience whileworking as Development Skopje Resident Office Elena Urumovska, Head ofEuropean and for Reconstruction Bank C was HeadofFinancial Institutions, Private Equity andC senior positionswithC with assignments inFrankfurt, New hasadistinguishedcareer Geiger Kurt inInternational Finance of40years Bank InternationalBank Geiger,Kurt Board ofRaiffeisen PhD, MemberoftheSupervisory 2001 asFinancial A Urumovska worked Financial asSenior A a principalbanker andan associate banker. 2001and2002Ms. Between ountry C ountry ommittee. Mr. onC isaleadingexpert Geiger lbanian bank.Ms. Urumovska was anEBRD’s Board Nominee at NLB oordinatorBosnia and forMacedonia, forthefinancialsector nalyst. orporate Finance Asia/Pacific A Deputy and 28 esident office operations.In herearlier capacities, she hase Manhattan, HSBCandtheEbrd, where he cting HeadofSkopjecting R orporate clients andshipfinance. orporate R Y ork, Londonork, andHongKong. Heheld nalyst 1999and andbetween estructurings andpreviouslyestructurings in pril 2007to A entral andEastern Europe esident Office ofEBRD, ountry Strategyountry and hair ofitsEquity pril 2009.In hase hewas C ontinental rea C redit t НЕМА established in1999andtoday hastotal assetsof12million EUR. financial andbusinessdevelopment forsmallenterprises. services It was funded project oneconomic development. MEDFisafoundation providing managing MEDFoperations inKosovo forimplementation ofanEU- co-authored several publications. Since 2010 Mr. Nedanoski has been Entrepreneurshipled Global Monitor research forMacedonia andhas Mr. C oftheteam theBabson conducting Nedanoskiispart provision ofbankingandbusinesstrainings andconsultancy. guarantees to SMEsthrough banksandmicrofinance institutionsas well as managing MEDF’s financial services. ofcreditThis includesdelivery and Development Foundation (MEDF).Heisresponsible fordeveloping and Lazar Nedanoskiisaproject managerwiththeMacedonian Enterprise Development Foundation Lazar Nedanoski, Project Managerat Macedonian Enterprise several private andpubliccompanies. alsoasaPresidentHe served andmemberofManagement Boards in with international finance institutions. the R ofFinance of intheMinistry asanUndersecretary stages. Hehasserved involved inthedesignanddevelopment oftheSMEFund since itsearliest General ManagerofC Promotion –MBDPsince 2007.Prior to joiningMBDP, Mr. was Martinovski Mr. hasbeentheCEOofMacedonian forDevelopment Bank Martinovski implementation ofreforms infinancialsector. designing andimplementing SMElendingprograms, andpreparation and years of experience in management of development banking operations, withmore isbankingandfinance than15 expert Dragan Martinovski Promotion CEOofMacedonian for Development Bank Dragan Martinovski, epublic ofMacedonia responsible forbanking, insurance andrelation 29 rimson C apital -SMEFinance Fund where hewas ollege-

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT Ohrid, MemberofSociete Generale Group Filip Kotora, MemberoftheBoard AD ofDirectors, Banka Ohridska R Bank the periodfrom 1994to 1996heworked asaProject managerat the and Director oftheSecurities Trade from 2000to Department 2004.In Project managerfrom 1994to 1996,Floor managerfrom 1996to 2000 positions intheMacedonian Stock Exchange Inc. Skopje. Hehasbeena Inc. Skopje since 2005.Hisprevious work experience includesdifferent Mr. Ivan Steriev hasbeentheCEOofMacedonian Stock Exchange of experience in banking and financial services in of experience inbankingandfinancial services Europe andthe U.S. graduateA university inbusiness economics, Mr. Kotora has over 20years C Group,member ofSocGen KBPrague isaleadinguniversal bankinthe positions inmarketing, product development andsalespromotion. A years withKomercni Prague Banka (“KBPrague”) invarious managerial Prior to hisengagement withOBSG inJan.2009,Mr. Kotora spent 7 (retail &SME). is amember of the OBSG Board ofDirectors responsible for Distribution currently is the 4th largest bank in the (“OBSG”),Banka amemberofSociete Generale Group (“SocGen”). OBSG Filip Kotora isaC covering government debtsfrom theex- for rehabilitation ofthemajorcommercial bankinMacedonia andfor intheteam responsiblehis participation forissuing government bonds of the automated trading system at Otherbig accomplishment MSE. is in different committees andMSE Project manager fortheimplementation the intheteamparticipated responsible forsettingupthestock exchange in lecturer ontheMacedonian SEC’s courses forbrokers licensing. He and regulations related to thesecuritiesindustry. Mr. Steriev isaregular inseveralHe participated working groups responsible fordrafting laws and C a member of the Board of the Macedonian Ivan Steriev, CEOoftheMacedonian Stock Exchange Inc. Skopje zech R R epublic of Macedonia. Mr. Steriev has also been MSE representative ommissioner at Macedonian Security &Exchangeommissioner at Macedonian C Security ehabilitation A epublic with30billionEURinassetsand8700employees. zech national andexpatriate managerat Ohridska 30 gency oftheR gency epublic ofMacedonia.He was also R epublic of Macedonia. Mr. Kotora Y ugoslav period. C entral Securities Depository entral Depository Securities ommission. PANEL 5 Ke yno MODERA te speaker T OR years. V and receivedUniversity herdegree inMechanical andNuclearEngineering. family emigrated to Ohio’s where heartland, sheattended The State Ohio founderofGreenBeauty.and co- V V Macedonia 2025 (PleaseseebioinPanel) 2 Co-founder andBoardAlkaloidUSA; Memberof ofGreenBeauty Vera Stavroff, President andCEOof Inc.HerbalScience and C institutions inthecountry, suchasvice-president oftheMacedonian Macedonia. He ismemberofMBsvarious economically important he was appointed forC responsibility, forwhichhereceived various acknowledgments. In2007 and oneFoundation.He’s involved innumerous imposingsocial activities one daughter company, and 14subsidiariesabroad oneproduction facility withoverbiggest Macedonian pharmaceutical 1300employees, industry Zhivko Mukaetov, MBA,istheCEO/MBPresident ofA AD Skopje, Board MemberofMacedonia 2025 Zhivko Mukaetov, President ofManagingBoard andCEOofAlkaloid Frank andtheyhave children two Jacquilyn andJeffrey. and international patents. Sheresides inC A and headofR hamber ofC era worked ( inthepharmaceutical industry era Stavroff isthe President andCEOofHerbalScience andA ffairs for the Bath & BodyBathffairs forthe & Works division. V era joined Limited Brands asamember of theExecutive C ommerce. esearch &Development, AssuranceR and Quality 31 onsul General of the Kingdom of Denmark toonsul General R. oftheKingdomDenmark era was born inBitola, Macedonia. Her olumbus Ohio with herhusband olumbus Ohio V era istherecipient U.S. oftwo A bbott Laboratories) for13 lkaloid ADSkopje, the lkaloidUSA, ommittee egulatory egulatory

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT to oversee theAsia, in C for over 20years andisoneofthetop 10privately owned foodcompanies C Laic isaDirectorBoris oftheC Mr. biography: Laic short Boris Packers Laic,Boris Export Company Ltd., Canada children.and two member oftheCEO of theUSSenate andHouseofR Institute of Technology. Healsohasexperience working formembers ofPennsylvaniaUniversity andholdsaBSinA in the MBAProgram School Business Wharton forExecutives at the and energy assetManagement C ServoTech (www.servotechnologies.com), arenewable energy monitoring R in 2006andhasbuilttheEMSAbrand to bearecognized brand inthe ServoTech). Mr. Hristov foundhisfirst company (EMSAC has foundandmanagedthree companies (EMSAEnergy, EMSASolar, upentrepreneurEmil Hristov isastart and inthecleantech industry A Finance Degree from of theUniversity Toronto andaMasters ofBusiness leading foodcompanies. Mr. Laic ofC holdsaBachelor the organization to and growth drive performance for one of the strategic direction of thebusiness, whileensuringalignment across and execution ofoverseas joint ventures, where heestablishedandled from logisticsto ERPimplementation anddesignto thenegotiation invarious roles differenthe served affecting ofthebusiness aspects development specialistintheA Brasil and HongKong. Mr. Laic hasbeenaleadingInternational Business actively managed the opening of successful new branch offices inboth Macedonia 2025 Emil Hristov, LLC, CEOofEMSASolar USAandBoard Memberof ompany Packers Limited. Export has been a Financial Post 500 company orth-East US A. Hislatestenewable venture intheNorth-East Energy Industry is dministration degree from theIvey ofBusiness. School anada. Inhiscurrent role Laic Mr useshisvast International Experience 32 frica andPacific R lubs ofNYC andlives inNewJerseywithhiswife ommodity ommodity Trading Packers ofExport Division grifood sector forovergrifood sector 20years.Previously, ompany.Mr. Hristov iscurrently enrolled epresentatives. Mr. Hristov isalifetime im Division. Over thepastyearim Division. he rchitecture from NewJersey ommerce and onstruction) onstruction) C anada’s C corporate front; Sierra Nevada front itincludesMIT(MassachusettsInstitute of Technology) andonthe Mosher and former Giant LeapNext team includesspace enthusiasts like Joyce, Michael Todd company competing Lunar forthe$30milliondollarGoogle XPrize. The is alsotheDirector ofMarketing Giant Leap, forNext aspace exploration Economics andC world leaderincomputer software development. Hisstudiesincluded in themillions. Prior to JMG,C tenure at JMG,C Paramount, with companies including, butnotlimited to, Warner Bros, Universal, &marketingonline advertising experience. A C acting C Moon. fx3x team’s work onA Sherlock Holmes2:AGameofShadows andothers..In 2011,heledthe Y Development, Macedonia Chris Pavlovski, CEOofJMG,Canada andCo-founder ofCosmic onfor visualeffects The Last A work on Terminator: Salvation.He alsoworked asfx3x’s executive producer award winning “The Golden T visual effects, anda year later hebecame amemberoftheA In 2007 Kristijan Danilovski was nominated for an EMM region’s first. This was followed by several otherfeature filmsand T for of the visual effects bringing part “The A string of successes in Europe, Kristijan Danilovski was the leading figure in andC class visualeffects and production roles.to supervision fx3x He co-founded in 1997 as a first commercials and T animation East inSouth Europe since theearly 1990’s, mainly in T Mr. KristijanDanilovski hasbeenat theforefront and ofvisualeffects Kristijan Danilovski, CEOofFX3X,Macedonia ear by Ernst & orporation. C V A hris Pavlovski isoneofthefoundersJokeroo andiscurrently the rts and Sciences. In 2008 he supervised fx3x’s andSciences. In2008hesupervised workrts ontheA hief Executive Officer ofJMG.Pavlovski hasover 10years of V irgin Mobile, Lionsgate, C hris hasbeennominated for The Y oung for2010. omputer Science at of theUniversity Toronto.Pavlovski hris hasbeenresponsible forgenerating annualsales V programs, andlater firstasananimation artist, moving 33 NASA astronaut cademy A G animation company intheregion.Following a C ompass” and in 2009 he lead the fx3x team’s C orporation, Draper ward nominated Transformers: Dark of The irbender, R hris worked for Microsoft C Jeffrey On the institutional Hoffman. oors, andR esident Evil:A viator” (2004) to Macedonia, a Y t JMGC oung Entrepreneur ofthe C orporation and ed Bull. his During Y award for special fterlife, R hris hasworked orporation, a cademy for V shows. ed Tails, cademy A urora V

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT Gligor Cvetanov,Gligor CEOofMakprogres Ltd., Macedonia - -

r - - - children. technologies. Hecurrently lives in France Hisbiggestchallengesare andBelgium. management andfood attends different trainings organized by the biggest food institutes in He continuously upgrades hisknowledge regarding foodtechnologies and of Makprogres doo company where hehelddifferent positions. A His professional whenhewas 20years carrier started oldinhisfamily Management inUSAand School Top C studied at several management schoolsanduniversities, suchasC Electrical Engineering and Information Technologies . A finished highschoolinSkopje where hehasalsostudied at the of Faculty Mr. Gligor Miki Velichkovski, ofKarnikom Owner/Partner Ltd., Skopje C Partner –owner inKarnikom, DOOSkopje, C frozen foodsandgloballogistics. Entrepreneur with18years experience inglobaltrading of Industry inMacedonia, Kosovo,Industry A specialized insupplying meat thegrowing processing further Local partner of Export PackersLocal ofExport C partner Buyers butalsowithideaofimposingintheretail markets in items to themainimported theHORECA and setupto service retailcompany ,initially inthecash sector designed andcarry Developer ofthebrand Nova Marketi ,Skopje asaserious A the markets ofEUandNorth Macedonian grown andprocessed fruits andvegetables to Packers C foreign markets Karnikom DOOincooperation withExport Under hismanagement, experience andknowledge of vetanov was born in epublic ofMacedonia to thegeneral public V 34 inica, one of thebiggestfood industries in Macedonia. ompany Limited, C V inica, Macedonia on 28.10.1973. He V inica, marriedandfather ofthree lass inMacedonia. anada started with exports of withexports anada started merica. ompany Limited, C lbania, Serbia andC lbania, Serbia t present time heistheCEO ompany fterwards he has anada. roatia ornell PANEL 6 Ke yno MODERA te speaker T OR Technology. The oftheA School Institute of Technology, University, Northeastern Iowa State University, planning and design. Dr. Petrov taught at Harvard University, Wentworth Fellow, andhaswon international prizes andcompetitions inarchitecture, and fellowships; amongstothershehasbeenaFulbright andA Harvard University. Hehasalsobeen therecipient ofnumerous awards ofarchitecture, andtheory in history urbanismandcultural studiesfrom urbanism, regionalism andarchitecture.He received his doctoral degree W a bilingualmagazinepublishedinMacedonia, andthedirector of journal,a Harvard University of DOM the founder and editor-in-chief in C A Dr. A T Antonio Petrov PhD, Keynote speaker, professor at theUniversity of program C C C that consists of: Kutanovski was the President and fortheDiaspora. business andprofessional opportunities networking a second office, anannualgolfoutingandlaunchedaseriesof started 2025. UndertheleadershipofMr. Kutanovski Macedonia 2025opened In May of 2009 Mitre Kutanovski was appointed President of Macedonia of Macedonia 2025 Mitre Kutanovski, President andCEOofMitre Group, Board Member exas at Antonio, San USA rown Insurance Group; lassic andC ntonio. astheprogram Healsoserves director forresearch at A AS, athinktanklocated inC hicago, andcurrent co-founder ofNewGeographies, editor-in-chief ntonio Petrov currently isprofessor at of theUniversity Texas inSan V oice ofMacedonia. Prior to hisappointment asMacedonia 2025 President Mr. rown C Solutions; Mortgage rown Financial A 35 rt Institute ofC rt C rown Travel hicago withresearch that emphasizes on dvisors; Mitre Group LL CEO of the Mitre Group Inc. a company hicago andtheIllinoisInstitute of A rown Tax Services; andBusiness gency; and the weekly radiogency; C. Broker Dealer; rcheworks ga Khan A,

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT create conditions fortheirreturn inthecountry. tries to involve themintheeconomic andpubliclifeofMacedonia andto development, promotes therelations withthemandtheirorganizations, condition ofthe Macedonian emigrants. The A Macedonia takes care ofdifferent matters regarding therights andthe the R of theRepublicMacedonia to Finland KireH. E. andPlenipotentiary Ilioski MA, Ambassador Extraordinary in regional affairs, A at theMinister’s HeadofDepartment and asDeputy Office. Asaspecialist for NA Head of Department as A issues onseveral instances throughout hiscareer. Before hisappointment he isworking asaC his careerMacedonia. Hestarted asalawyer in1988.From theyear 2006 Mr. the State ofIsrael. also became accredited as acting delicate he inBelgrade theregion. periodfortheBalkan hisservice During (2007-2008) duringtheproclamation ofindependence ofKosovo, avery A diplomat, A Macedonia to NA Ilioski was appointed A of theR R Macedonia Vasil Naumov, Director oftheEmigration ofRepublic Agency In 2001,A epublic ofMacedonia to theKingdomofSweden andA mbassador, at Minister Plenipotentiary theEmbassy inBelgrade, Serbia V mbassador, Mr. ofForeign Ilioski worked with theMinistry aumov is born on 23.09.1980 in the city of Shtip,asil Naumov isborn on 23.09.1980 in the city R epublic ofMacedonia.The A epublic ofMacedonia to theR mbassador Kire Ilioskiwas appointed A mbassador Ilioski has been engaged in TO before theNA 36 hief Executive Officer oftheA mbassador Ilioski was also posted abroad as mbassador, of theR HeadofMission TO, Political and Security A gency ofEmigrationgency oftheR mbassador, to Minister Plenipotentiary TO SummitinBucharest.As acareer epublic ofFinland. In2008,Mr. gency helps their cultural gency gency ofEmigrationgency of NA C ooperation in 2008 mbassador ofthe TO and EU related mbassadors epublic of epublic of epublic of A ffairs as A cting cting of Macedonia 2025 Andy Peykoff, Bottling,Founder ofNiagara Board USAand Member Organization (NA Macedonia’sand support A into entry the EUandNorth tocountry advance itstransition to astableandprosperous democracy, led growth andlocal government reform. areThese helpingthe efforts reduce poverty, revive theeconomy, create jobs, promote private sector- education. USAIDprograms address Macedonia’s mainchallengesto economic growth, andlocalsupporting governance, democracy and Macedonia. Mr. ofoverWuertz $100 million manages a project portfolio In March 2011,R Robert Robert Wuertz, PhD, USAIDMacedonia Director Mission accomplishment inthePETindustry. recognizing theEco3 bottledesign as themostinnovative technological Niagara hasreceived PETtechnology innovation theBest award in2009, plastic technologies, integration includingvertical andlight weighting. leaderinhighspeed automation and emergingNiagara istheindustry majorretailer nearly every intheU.S.,production facilitiesservicing 21-billion bottlesofwater peryear, andninegeographically diversified PET bottle.More than49years later, ofover withproduction capacity investing andblow moldingto ininjection create A North began leadingthetechnological revolution by inthewater industry polyethylenemolder to make bottles. In1998,thecompany one-gallon bottlesandin1994bought theirfirstblow bottling1-gallon they started his storage area.In 1967Niagara openedtheirfirstbottlingplant. In1988 gallon glasscontainers usinghisgarage forhomesandoffices as delivery his own water company, lowdelivering cost high quality water in five- Peykoff Sr. moved to C Western Hemisphere. Family owned since 1963.Niagara’s founderA isthelargestNiagara Bottling private labelbottledwater company inthe Director inC reform technical as A assistance activities. He also served cash transfer program, C mission inC as the PolicyWuertz and Private served Office Director Sector for the USAID USAID’s compound self-contained inBaghdad.From 2008to 2009,Mr. USAID’s portfolio, $7billion multi-sector he also oversaw operation of frequently asA served arriving inSkopje, Director Mission inIraq, hewas where theDeputy he airo from J airo, USAID/Egypt’s where hesupervised economic reform TO). obert obert Wuertz Director assumedhispostasMission in 37

uly to September, 2009. alifornia as a milkman in 1961. In 1963 he started alifornia asamilkmanin1961.In1963hestarted cting Mission Director. Mission cting Inadditionto managing Mr. with USAID.Wuertz has a long history Before ommodity Import Program Import and economicommodity policy merica’s lightest cting Deputy Deputy cting tlantic Treaty ndrew

SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT help ofanorganised sustainableglobal Diaspora program suchas2025. forsuccess intheInternationalassets necessary arena; butitneedsthe Kliment. Prof. Waite believes that The R achievements intheUKonbehalfofMacedonia withtheOrder ofSt. lobbyistan active intheUKandEurope. Shehasbeenrecognised forher From early days oftheindependence thevery ofMacedonia shehasbeen Technip; ENI;Dresser; andEmerson. Slavica Waite, PhD, CEOofPECInternational, United Kingdom C Natural Gasfacilities;andhasworked withmajor International Engineering she hasbeeninvolved withmany oftheregions R concentratingIndustry; mainly onhighvalue capital investment projects, International, an energy that consultancy and Gas specialises in the Oil Prof. Slavica Waite lives andworks in London. SheistheCEOofPE ompanies suchasBechtel; Foster Wheeler; DOW C 38 epublic ofMacedonia hasallofthe efineries; C hemicals; McKee; Davy hemical; and Closing remarks reconstruction &Iron oftheformerMines andSteelworks Skopje. Makstil Union. Duferco and major shareholder Group became in the main partner this company, andwas responsible forthecountries oftheformerSoviet steel sector. In1994,hebecame amemberoftheBoard ofDirectors of he was engagedinDuferco SAfrom Lugano, acompany working inthe 1989 to 1992,hewas theDirector of Tehnometal from Moscow. In1992, Director &Iron ofMines andSteelworks Skopje. theperiodof During Mr. Jordanov speaksRussianandEnglish .In1983,hewas appointed Technology andMetallurgy in1968. inBelgrade Minco Jordanov was borninStip in1944.Hegraduated from theFaculty of AD Skopje andBoard MemberofMacedonia 2025 Jordanov,Mincho andmajorstakeholder ofMakstil Mainpartner PanelMacedonia 2025 (See 4) ofCredit Division Banking Suisse, USAand Vice Chairman of Arsov,Robert Director ofMergers &Acquisitions, Investment Keynote Distinguished Speakers) Section Macedonia 2025 (See Finance Corporation Board inMacedonia, Office Memberof Zoran Managerof Country Martinovski, World Bank’s International AD Skopje, a company established in 1997 upon privatization and 39

Closing remarks MACEDONIA GLOBAL INVESTMENT SUMMIT SUMMIT SPEAKERS MACEDONIA GLOBAL INVESTMENT SUMMIT 40 41

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MACEDONIA GLOBAL INVESTMENT SUMMIT 2012 117

MACEDONIA GLOBAL INVESTMENT SUMMIT 2012

COMPANY PROFILES MACEDONIA GLOBAL INVESTMENT SUMMIT COMPANY PROFILES MACEDONIA GLOBAL INVESTMENT SUMMIT 118

MACEDONIA GLOBAL INVESTMENT SUMMIT 2012 SPONSORS SUPPORTERS MEDIA PARTNERS PLATINUM SPONSORS LOCAL PARTNERFORSME O R GANIZ E R 119 OFFICIAL TELECOMMUNICATIONPARTNER

MACEDONIA GLOBAL INVESTMENT SUMMIT 2012

COMPANY PROFILES MACEDONIA GLOBAL INVESTMENT SUMMIT COMPANY PROFILES MACEDONIA GLOBAL INVESTMENT SUMMIT 120

MACEDONIA GLOBAL INVESTMENT SUMMIT 2012