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North-Macedonia: KAM, 30 years of dedication, success and development

Discount Retail Chain KAM was visited by the President of the Chamber of Commerce, Branko Azeski, to mark its three decades of existence and success. Discussions focused on the challenges faced by the leading retail business in North Macedonia, including employee numbers, investments, turnover, low margins, and expansion into new international markets.


President Azeski emphasized the importance of KAM's membership in the Chamber, as it consistently raises business development issues through Chamber activities. Retail trade plays a crucial role in the country's economy, influencing many other commercial sectors. Discussions also highlighted the significance of fundamental parameters such as a market economy, legal certainty, fair competition, combating the gray economy, and digitalizing processes essential for business operations.


Over the 35 years since the North-Macedonian state's independence, the economy has grown, but state institutions lack the capacity to keep up with developments. Azeski noted that there is a consensus with the Government on giving domestic companies an advantage over foreign ones in public procurement, as seen in other countries. There is also a need to streamline the public sector, which employs many but has low productivity, and to shift the budget focus from social transfers to development and investment programs.


During the meeting, it was noted that large companies should be more prominently recognized by the state, as they connect numerous small firms and are vital for their survival.


KAM Group operates 86 discount stores in North Macedonia and 25 in Bulgaria, with its own distribution center, employing over 1,500 people. The main challenges include staffing shortages and various legal systemic issues.


During the visit, President Azeski presented KAM's management with a Recognition of Commitment, Success, and Development in honor of their 30th anniversary.




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