Low Transparency of State-Owned Enterprises

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Skopje, 30.01.2019 – The Center for Civil Communications published its research report titled “Transparency and Accountability of State-Owned Enterprises”.

Key findings presented in this report include:

  • The average level of transparency and accountability demonstrated by state-owned enterprises, i.e. their compliance with law-stipulated obligations and standards on good practice, accounts for only 28% from possible 100%.
  • Not a single one from the 30 biggest state-owned enterprises, whose total annual revenue exceeds 700 million euros, has achieved high or solid level of transparency (compliance with law-stipulated obligation above 60%).
  • Conditions are fulfilled for dismissal of 18 general directors at public enterprises, of which 6 are established by the government and 12 are established by local governments, on the grounds of non-publication of their respective operation reports.
  • The average level of transparency among enterprises established by the government is 31%, while among enterprises established by municipalities it stands at 27%.
  • Top position on the rank list is held by PE State Roads, which demonstrated the highest level of compliance with law-stipulated obligation with a score of only 52%, while the bottom position, with a score of 0%, is held by JSC City Trade Centre.
  • Almost half of enterprises have not even published the names of members of their governing and supervisory boards. Not a single enterprise established by the government or by municipalities published information from sessions held by their governing boards.
  • The obligation for mandatory publication of plans on public procurements with all amendments thereto was not complied by as many as 67% of enterprises.

This research study is available on For more information, please contact the Center for Civil Communications (e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it or tel: (02) 3213-513) This research was conducted as part of the project “Enhance Integrity and Reduce Corruption in State and Private Business Sector”, financed by the European Union.