22 ANNUAL CONFERENCE OF THE MACEDONIAN STOCK EXCHANGE

At the 22nd annual conference of the Macedonian Stock Exchange, which was held on September 26 this year, the Director of the Financial Department of GD Granit AD Skopje, Mr. Goce Hristov, took part as a panelist.

At the panel discussion “What did 2023 bring us?”, Mr. Goce Hristov shared his thoughts on the current economic and financial flows in 2023 and future perspectives, emphasizing that the economy in the period from 2020 onwards is facing the challenges imposed by the covid crisis, as well as the crisis that arose as a result of the military actions in Ukraine, which resulted in an extreme rise in the prices of raw materials.

In such conditions, there were no protective mechanisms that would cushion the impact, especially in construction where the projects that are carried out last for several years, and the same are either with fixed prices, sliding scales with a large fixed component or with inadequate indices and parameters. The construction industry also faces a serious lack of qualified labor and Mr. Goce Hristov emphasized that this is one of the challenges that we will deal with in the period ahead.

Sasho Arsov, Professor on the Faculty of Economics, University “St. Cyril and Methodius” in Skopje, Branko Greganović, Chairman of the Board of Directors of NLB Bank AD Skopje, Vilma Ucheta Duzlevska Chairman of the Board of Directors of Triglav Insurance Zagreb and Vasko Mitev Executive Directorof Ilirika Investments Skopje also took part in the panel discussion. The moderator of this panel was Ivan Shteriev, Chief Executive Officer, Macedonian Stock Exchange, who explained his thoughts regarding the challenges from the economic aspect.

GRANIT WINNER OF AN AWARD FOR SPECIAL ACHIEVEMENT IN BUILDING CONSTRUCTION IN 2022 FROM MASE

At the 20th International Symposium organized by MASE, GD Granit AD Skopje was awarded for a special achievement in construction in 2022.

The award was given for the performance of the building “Construction of a bridge on Blvd. ASNOM – second phase from st. Vasko Karagelevski to st. Industriska 1 from km 0+834.69 to km 1+233.94” to civil engineers Andrea Serafimovski, Ivana Dimitrova and Kristina Miladinoski from the operational department of GD Granit AD Skopje.

This and all other recognitions and awards are a confirmation of the investment in the human resources of the Company, in the direction of upgrading the knowledge of our staff, access to new technologies for construction, possession of the most modern construction equipment, the high level of teamwork, as well as motivation to continue setting standards in the construction industry.

Construction of Express Road, A2 LOT 2: Construction of Section Kriva Palanka – Dlabocica

In 2018, GD Granit AD Skopje signed a contract with the Public Enterprise for State Roads of Republic of Macedonia for Construction of Express Road A2 Section Stracin (Chatal) – Kriva Palanka, where GD Granit AD Skopje executes the Subsection Kriva Palanka – Dlabocica in the length of 9 km.

The construction of the Express Road A2 Rankovce – Kriva Palanka part of Corridor 8 East is one of the most important international corridors in Macedonia and it will ensure modern infrastructural connection of Macedonia with Bulgaria.

 

CONSTRUCTION OF A BRIDGE ON VARDAR RIVER

The design is part of a new boulevard solution for the Ljubljanska Str. The construction works started actively during 2022. The bridge is of the so-called “extradosed bridge” type, which is a combination of a bridge with box girders and external cable construction and will be the most representative structure along the newly planned Ljubljanska boulevard, which will connect the Karposh neighborhood with the neighborhoods Bardovci and Zlokukjani.

ANNUAL SHAREHOLDERS MEETING 2023

The Annual Assembly Meeting will be held on 30.05.2023 (Tuesday) at 12:00 o`clock.

Public call for the shareholders of Granit AD Skopje for shareholders meeting 2023. (download PDF)

Materials for the agenda items:

  1. Annual account of GD Granit AD Skopje for 2022
    – Separated Statement of Financial Position (download PDF)
    – Draft decision on adoption of the Annual Account (download PDF)

  2. Consolidated financial statement of GD Granit AD Skopje for 2022
    – Consolidated Balance (download PDF) and Income Sheet (download PDF)
    – Draft decision on adopting the Consolidated Financial Statement of GD Granit AD Skopje for 2022 (download PDF)

  3. Financial reports on the operations of GD Granit AD Skopje for 2022
    – Consolidated report (download XLS); Unconsolidated report (download XLS)
    – Draft decision on adoption of the financial reports of GD Granit AD Skopje in 2022 (download PDF)

  4. Annual report on the operations of GD Granit AD Skopje for 2022(download PDF)
    – Draft decision on adopting the Annual report on the operations of GD Granit AD Skopje for 2022 (download PDF)

  5. Audit report on the Annual accounts and financial reports of GD Granit AD Skopje for 2022 individual (download PDF) and consolidated (download PDF)
    – Draft decision on adopting the Audit report on the Annual accounts and financial reports of GD Granit AD Skopje for 2022 (download PDF)

  6. Supervisory Board’s Report on the Annual accounts and financial reports for 2021 of GD Granit AD Skopje(download PDF)
    – Draft decision on adopting the Supervisory Board’s Report on the Annual accounts and financial reports for 2022 of GD Granit AD Skopjе (download PDF)

  7. Internal Audit Annual Report(download PDF)
    – Draft decision on adopting the Internal Audit Annual report (download PDF)

  8. Draft decision on approving the work of the Company’s Management and Supervisory Board members (download PDF)
  1. Draft decision on distribution of profits of GD Granit AD Skopje (download PDF)

  2. Draft decision on dividend payment (download PDF)

  3. Draft decision on selection of auditing firm to audit the annual accounts and financial statements of the Company for 2023 (download PDF)

 

 

Successfully held panel session “Making sure that arbitration meets your company’s expectations”

On 25 April 2023, at the premises of the Chamber of Commerce of Macedonia, organized by the ICC YAAF, a panel was held on the topic: MAKING SURE THAT ARBITRATION MEETS YOUR COMPANY’S EXPECTATIONS, whose sponsor was GD Granit AD Skopje.

Over 80 young professionals from the country and abroad took part in the panel, and the panelists shared their long and extensive experience in the field of arbitration procedures.

At the same time, with the presence of the Head of the Legal Service of Granit, Marija Shekjeroska, emphasis was also placed on the enormous importance of the corporate lawyers employed by the companies in the arbitration proceedings.

GD Granit AD Skopje – sponsor of the panel: Making sure that arbitration meets your company’s expectations

 

GD Granit AD Skopje is proud to announce the Company it is a sponsor of the panel: Making sure that arbitration meets your (company’s) expectations, organized by ICC YAAF, where one of the panelists will be the Senior Assistant in Legal Department of Granit, Marija Sekjeroska.

The panel will discuss ways in which businesses and administrative officers in cooperation with their in-house and external counsel can ensure and contribute to a cost-efficient, quick and fair resolution of their disputes by arbitration. The panellists will provide practical insights into effective management of different stages of the arbitral process, as well as some strategic considerations when it comes to dispute settlement.

As always, this ICC YAAF event will be an ideal forum for young practitioners to exchange knowledge, share their experiences and expand their network.

Who should attend?

Lawyers specialised in dispute resolution or interested in arbitration

In-house counsel

Administrative officers

Academics

Students interested in arbitration

Open to those aged 40 and under, YAAF provides opportunities for individuals to gain knowledge, develop their skills and understand ICC’s arbitral procedure and other dispute resolution services.

Please, confirm your presence on the following link: 

https://2go.iccwbo.org/icc-yaaf-making-sure-that-arbitration-meets-your-company-s-expectations#description

We are looking forward to see you !

ROAD CONSTRUCTION

GRANIT`s core business is road/motorway construction. GRANIT has constructed over 1000 km of highways, over 7000 km of roads, excavation and filling in hundreds of millions cubic meters of earth, and building in several million tons of asphalt. On these construction projects, hundreds of kilometres of embankment and thousands of kilometres of drainage systems were reconstructed. GRANIT undertakes projects of different sizes,. some of GRANIT’s most notable projects are: Kiev – L’viv road rehabilitation, Croatia – Macelj- Zagreb- Lipovac highway rehabilitation, reconstruction of local roads, Bosnia -construction of the Motorway Banja Luka – Doboj, section Prnjavor – Doboj and section Banja Luka – Prnjavor, as well as many projects in Macedonia like the construction of the Motorway Miladinovci – Stip and the construction of the Motorway Kicevo – Ohrid and construction of the Skopje ring-road.

 

–   CONSTRUCTION OF INTERCHANGE VELIKO TRNOVO,

BULGARIA, 1998 – 1999

 

–   CONSTRUCTION OF SKOPJE – TETOVO MOTORWAY, SECTION

GRUPCHIN – SKOPJE,

MACEDONIA, 1999-2002

 

  • CONSTRUCTION OF HIGHWAY, NORTH-SOUTH CORRIDOR, RROGOZHINE – LUSHNJE ROAD

ALBANIA, 1999 – 2002

 

–   RECONSTRUCTION OF CORCA – CAPSHTICA MOTORWAY,

ALBANIA, 1999-2001

 

–   REHABILITATION OF MO6 KIEV – CHOP MOTORWAY, SECTION I,

UKRAINE, 2002-2005

 

–   CONSTRUCTION OF SKOPJE RING ROAD,

MACEDONIA, 2003 – 2009

 

–   RECONSTRUCTION OF ZAGREB – BELGRADE MOTORWAY, SECTION II       LJUPOVALJANI,

CROATIA, 2004 – 2005

 

–   CONSTRUCTION OF INTERCHANGE HIPODROM,

MACEDONIA, 2005

 

–   REHABILITATION OF KIEV – CHOP MOTORWAY, SECTION II,

UKRAINE, 2005 – 2008

 

–   CONSTRUCTION OF KUKES – MORINE ROAD,

ALBANIA, 2006 – 2009

 

–   CONSTRUCTION OF MOTORWAY RIJEKA – ZAGREB, SECTION     KIKOVICA – OSTROVICA,

CROATIA, 2006 – 2007

 

–   CONSTRUCTION OF DEREVACH KIEV – CHOP RING ROAD,

UKRAINE, 2007 – 2008

 

–   RECONSTRUCTION OF ZAGREB – SISAK MOTORWAY, SECTION     VELIKA GORICA – BUSHEVAC,

CROATIA, 2007 – 2009

 

  • CONSTRUCTION OF REGIONAL ROAD R1108 KONJSKO – KOZUF

MACEDONIA, 2009 – 2012

 

  • CONSTRUCTION OF LOCAL ROADS IN REPUBLIC OF MACEDONIA, LOT NO.1 NORTHEAST AND EAST REGION

MACEDONIA, 2009 – 2011

 

–   CONSTRUCTION OF HIGHWAY A4, SECTION BRZESKO –     WIERZCHOSLAWICE KM 479+000 – 499+800,

POLAND, 2010

 

–   CONSTRUCTION OF TRAFFIC CIRCLE IN SKOPJE,

MACEDONIA, 2012 – 2013

 

  • CONSTRUCTION OF MAGISTRAL ROAD A4 (M-6) STIP – STRUMICA, SECTION SURDULCI – RADICEVO, FROM KM 42+7000 TO KM 52+700

MACEDONIA, 2012 – 2016

 

–   RECONTRUCTION OF BLVD. ILINDEN, SKOPJE,

MACEDONIA, 2012 – 2013

 

–   CONSTRUCTION OF BANJA LUKA – DOBOJ MOTORWAY, SECTION     PRNJAVOR – DOBOJ,

BOSNIA AND HERZEGOVINA, 2014 – 2018

 

–   CONSTRUCTION OF MOTORWAY KICEVO – OHRID,

MACEDONIA, 2014 –

 

–   CONSTRUCTION OF MOTORWAY MILADINOVCE – STIP,

MACEDONIA, 2014 – 2019

 

–   RECONSTRUCTION AND REHABILITATION OF THE ROAD VELES –     KADRIFAKOVO STAGE 3: LOZOVO – SARAMZALINO – KADRIFAKOVO

MACEDONIA, 2014 – 2017

 

–   RECONSTRUCTION AND UPGRADING OF THE SECTION OF THE     HIGHWAY SMOKVICA – GEVGELIJA AS PART OF THE CORRIDOR 10,

MACEDONIA, 2015 – 2017

 

–   RECONSTRUCTION OF THE NATIONAL ROAD A3, SECTION BITOLA – MAKAZI,

MACEDONIA, 2015 – 2017

  • CONSTRUCTION OF THE EXPRESS ROAD A3 STIP – KOCANI, ROAD SECTION STIP – KRUPISTE

MACEDONIA, 2017 – 2020

 

  • CONSTRUCTION OF MOTORWAY BLACE

MACEDONIA, 2020 –

BUILDING CONSTRUCTION

Residential, public, administrative and industrial buildings are part of GRANIT`s portfolio.

 

In the last 20 years GRANIT has built 85 public and private schools, over 310 industrial buildings and over 660 commercial buildings. The newest building construction Buildings projects, such as the Tower of AEK for the antenna system for controlling and monitoring of radio frequencies, Sport Centre Jane Sandanski, the State archive, the Constitutional Court and Archeological museum of Macedonia and the project for construction of 145 elementary and secondary school gyms are part of GRANIT’s latest engagements.

 

Besides that, in the past 7 decades GRANIT has built over 40.000 residential units with a total area of over 2 million square meters. In the construction of the residential complexes, the most modern construction methodologies are used, and modern materials are incorporated, which fully guarantee the quality and durability of the buildings.

 

 

–   MACEDONIAN TELECOMUNICATION HEADQUARTERS,

MACEDONIA, 2000 – 2001

 

–   CUSTOMS HEADQUARTERS,

MACEDONIA, 2003 – 2004

 

  • PRODUCTION HALLS IGM TREJD – KAVADARCI

MACEDONIA, 2000-2008

 

  • RESIDENTIAL, BUSINESS AND ADMINISTRATIVE CENTER IN SINGJELIKJ, SKOPJE

MACEDONIA, 2008 – 2018

 

  • ADMINISTRATIVE AND RESIDENTAL COMPLEX VILA 1 VODNO

MACEDONIA, 2006 – 2008

 

  • MEMORIAL HOUSE OF MOTHER THERESA IN SKOPJE

MACEDONIA, 2008 – 2009

 

  • RESIDENTIAL BUSINESS BUILDING KTK KOZLE IN SKOPJE

MACEDONIA, 2004 – 2007

 

  • CONSTRUCTION OF NEW AMERICAN EMBASSY IN SKOPJE

MACEDONIA, 2006 – 2008

 

–   HONDA SHOW ROOM,

MACEDONIA, 2008 – 2009

 

–   ADMINISTRATIVE BUILDING OF THE STATE INSTITUTIONS TO THE      STATE ARCHIVE OF THE REPUBLIC OF MACEDONIA, THE      CONSTITUTIONAL COURT OF MACEDONIA AND ARCHEOLOGICAL      MUSEUM IN SKOPJE,

MACEDONIA, 2009 – 2013

 

–   PORTE MACEDONIA,

MACEDONIA, 2010 -2012

 

–   CRIMINAL COURT SKOPJE,

MACEDONIA, 2011 – 2013

 

–   MULTY STOREY GARAGE ON STREET MITO HADZIVASILEV JASMIN,      SKOPJE

MACEDONIA, 2011 – 2013

 

–   ADMINISTRATIVE BUILDING OF THE AGENCY FOR ELECTRONIC      COMMUNICATION

MACEDONIA, 2011 – 2013

 

–   SPORTS CENTRE “JANE SANDANSKI”, SKOPJE

MACEDONIA, 2013 – 2014

 

 

  • MULTI STOREY GARAGE 5.13 MAL RING

MACEDONIA, 2011 – 2014

HYDRO CONSTRUCTION

For more than a half a century, GRANIT has built many hydro technical structures of all kinds in Macedonia: concrete dams, embankments for river control, irrigation systems and water supply systems. The company is proud of its continuous contribution in the building and development of the national electric power system. Some of the more notable projects are:  the Kozjak hydro power plant with capacity of 100 MWh, the double-arched concrete dam in Sveta Petka, not far from the Capital of Macedonia which has a generation capacity of an additional 27,66 MWh, enough to satisfy the capital`s residential electricity needs and part of the capital`s industrial requirements. The Knezevo earth-rock dam with its 1.7 mil/m3 of embankments contributes an additional 22.5 mil/ m3 useful water accumulation to the hydro system at Zletovica. GD Granit AD Skopje is also a producer of electricity by a co-founding and its 50% ownership share of “Small Hydro Power Plants” a private company  that owns 7 small hydro power plants that participate in the electricity supply of the Republic of Macedonia,.

 

 

–   RATEVSKA REKA DAM,

MACEDONIA, 1972 – 1972

 

–   HPP ST. PETKA – MATKA, SKOPJE,

MACEDONIA, 2006 – 2012

 

–   KNEZEVO DAM,

MACEDONIA, 2009