Nikolajcho Nikolov

Deputy General Manager

Bucim DOOEL

Speaker profile

Nikolajcho Nikolov was born on February 10, 1947 in the village of Jareshnik, Bosilegrad, Serbia. In 1970 he completed his education at the Faculty of Metallurgy in Skopje. For a short period of time he worked in “Rudnici i zhelezarnica” Skopje, then in a factory for fireproof materials “Silika” Gostivar, Vatrostalna Zenica and Vatrostalna Skopje, and from 1998 he established his company Nikeks from Skopje where he has been working since. With the privatization of Buchim Radovish at the end of 2004 until today he works as a deputy general director and manager of Buchim. From 2006 until now he is President of the Macedonian Mining Association within the Economic Chamber of Macedonia. In the course of his career on many occasions he has achieved significant economic results and he has also received several awards.

Presentation summary

Mining in the republic of Macedonia, situation and prospects

The mining sector in the Republic of Macedonia plays a significant role in the economy, particularly the metallic ores that are mainly exported as semi-finished products and in that way they improve the exporting orientation of the Republic of Macedonia. Some incorrect and non-transparent steps in the politics for giving concessions for thorough surveyor researches and exploitation concessions, as well as unfounded doubts about the bad influence of the mines on the environment contributed to the halt in the development of the mines in 2018. This presentation will make a short summary of the current situation in the mines and will give an assessment of its prospects. The presentation encompasses current data about the number of different types of mines, number of employees and the share in the GDP and in the export.